Godrej Properties has recently entered into an agreement to develop a township project on a 62-acre parcel in North Bengaluru, with an estimated booking value of approximately ₹5,000 crore. This is a significant development for the company as it expands its presence in the real estate market.
Zaggle Prepaid Ocean Services has signed a five-year pact with Axis Bank for sales, distribution, and marketing, along with expense management to drive forex card spends and greater usage of the software. This partnership is expected to boost the company’s growth and market reach.
PSP Projects has secured two projects — to construct and maintain the Human and Biological Gallery at Science City, Ahmedabad for ₹268.11 crore, and to construct the commercial building ORYX at GIFT City for ₹118.13 crore. These projects will further strengthen the company’s position in the construction industry.
SJVN is set to develop a 200 MW solar park worth ₹1,100 crore in Khavda, Gujarat on a build, own, and operate basis. This project highlights the company’s commitment to renewable energy and sustainable development.
NTPC has approved a ₹17,195.31 crore investment for two 800 MW power plants under the third stage of the Singrauli Super Thermal Power Project. This investment will enhance the company’s power generation capacity and contribute to the energy needs of the country.
Dr Lal PathLabs announced that Bharath U has resigned from the post of CEO due to undisclosed reasons. His last working day will be on or before May 20. This leadership change will have implications for the company’s operations and strategic direction.
JSW Steel Italy SRL, a subsidiary of JSW Steel, has signed an MoU to relaunch the Steelworks site of Piombino. The collaboration provides four months for the execution of the Program Agreement, signaling a new phase of growth for the company.
Info Edge (India) saw its mobile applications Naukri jobseeker, Naukrigulf Job Search App, and 99acres being reinstated on the Google Play Store after being removed on alleged violation of payment policy. This reinstatement is a positive development for the company’s digital platforms.
These developments in various industries highlight the dynamic nature of the business landscape and the ongoing efforts of companies to innovate, expand, and adapt to changing market conditions. Stay tuned for more updates on these and other key developments in the business world.
