Dec 05, 2023 Tata Capital PE plans to invest over Rs 400 crore in healthcare Tata Capital Healthcare Fund (TCHF) plans to invest over Rs 400 crore ($50 million) in the healthcare and life sciences sector, including senior citizen care, pharma distribution, etc., over the next 9-12 months. This investment would be made out of the second fund (TCHF II), which has a corpus of about $130 million.
Dec 05, 2023 Chrome Hospitality to invest Rs 35 crore in restaurant Earlier this year, Chrome Asia Hospitality announced expansion with a vision to add five new brands across various formats while further strengthening the presence of the existing brands.
Dec 05, 2023 Macrotech Developers to launch housing projects by March Macrotech Developers plans to launch housing projects worth Rs 12,000 crore by March next year to tap strong consumer demand for quality homes from branded players. With strong launch pipeline, Lodha exuded confidence that the company would easily achieve the Rs 14,500 crore sales booking target fixed for the current fiscal year as against Rs 12,070 crore in the previous year.
Dec 05, 2023 India to spend nearly Rs 143 lakh crore on infra till FY30 India will spend nearly Rs 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the Rs 67 lakh crore spent in the past seven financial years starting 2017. Of the total, Rs 36.6 lakh crore will be green investments, marking a five times rise compared with the amount spent during fiscals 2017-2023.
Dec 05, 2023 Four infrastructure projects worth Rs 19,520 crore recommended Four infrastructure projects of roads and railways worth Rs 19,520.77 crore have been recommended for approval under the PM Gati Shakti initiative. These projects were assessed at the 57th NPG meeting on 17 October 2023.
Dec 05, 2023 REC, BOI sign Rs 30,000 crore pact for infrastructure boost State-owned REC signed an agreement with Bank of India. to co-finance Rs 30,000 crore worth of projects in the power, infrastructure and logistics sectors over the next five years under a consortium arrangement. Under the agreement, REC and BoI will partner to co-finance loans amounting to Rs 30,000 crore for infra projects implementable over the next five years.
Dec 05, 2023 Tamil Nadu approved projects worth Rs 7,000 crore Tamil Nadu Cabinet approved “structured packages” to eight investment projects worth Rs 7,000 crore, including in electric vehicle (EV) component, footwear, glass manufacturing, and aerospace sectors that will create over 22,000 jobs. M K Stalin, Chief Minister,also approved Tamil Nadu State Port Development Policy which encourages development of small ports in the state on the public-private-participation (PPP) model.
Dec 05, 2023 Emaar India to invest $1.85 billion in 2 years: Emaar India is set to invest a minimum of $1.85 billion over the next two years with plans to achieve in just 21 months what took them 21 years. The firm intends to release around 10 million square feet of real estate over the next two years, expanding its presence into key markets including Mumbai, Pune, Bengaluru, and Hyderabad.
Dec 05, 2023 Sany India to invest Rs 1,000 crore in next three years Deepak Garg, MD, Sany Heavy Industries (India) stated that as capacities at Sany’splant have reached the maximum, it has now initiated construction of new sheds at their plant in Pune. Currently, the company has close to 60,000 square metres of area under manufacturing. Now, in order to expand, another 1,25,000 square metres are getting added.