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Project lending dips as RBI note raises fear of higher provisioning
Business

Project lending dips as RBI note raises fear of higher provisioning

Lenders have turned circumspect on project finance after the Reserve Bank of India unveiled draft guidelines on prudential treatment of projects under implementation in May

Signature Global awards contracts worth ₹567 cr for housing project in Gurugram
Business

Signature Global awards contracts worth ₹567 cr for housing project in Gurugram

Signature Global on Wednesday said it has awarded construction contracts worth ₹567.37 crore to build its housing project in Sohna, Gurugram. The company has given

Kerala to launch first-in-the-country programme for collection, disposal of expired medicines
Business

Kerala to launch first-in-the-country programme for collection, disposal of expired medicines

The Kerala government is all set to start a programme to collect expired and unused medicine from homes and dispose of them scientifically. In a

Tata Steel UK receives green light for electric arc furnace project in Port Talbot
Business

Tata Steel UK receives green light for electric arc furnace project in Port Talbot

Neath Port Talbot Council’s Planning Committee has approved Tata Steel UK’s proposals to deliver modern Electric Arc Furnace steelmaking in Port Talbot. Rajesh Nair, CEO,

Patel Engineering JV wins ₹1,090 crore irrigation project in Maharashtra
Business

Patel Engineering JV wins ₹1,090 crore irrigation project in Maharashtra

Patel Engineering Limited (PEL) announced today that it has been declared the lowest bidder (L1) for a major irrigation project in Maharashtra worth ₹1,090.45 crore.

Patel Engineering shares dip 3.5% despite winning project worth ₹1,090 crore
Stock Market

Patel Engineering shares dip 3.5% despite winning project worth ₹1,090 crore

Shares of Patel Engineering declined by 3.5 percent on Tuesday, February 18, despite the company securing a significant irrigation project worth ₹1,090.45 crore. The company,

Merlin Group, Fashion TV join hands to launch ₹800-crore luxury residential project in Kolkata
Business

Merlin Group, Fashion TV join hands to launch ₹800-crore luxury residential project in Kolkata

Real estate developer Merlin Group has formed an exclusive partnership with fashion media giant Fashion TV (FTV) to launch a ₹800-crore branded luxury residential project

Legal battle over G Square’s Coimbatore project intensifies after NGT verdict
Business

Legal battle over G Square’s Coimbatore project intensifies after NGT verdict

The National Green Tribunal, Southern Zone, Chennai, has delivered a split verdict on a case related to development of the township project and the construction

Legal battle over G Square’s Coimbatore project intensifies after NGT verdict
Business

NGT delivers a split verdict on G Square’s Coimbatore township project

The National Green Tribunal, Southern Zone, Chennai, has delivered a split verdict on a case related to development of the township project and the construction

Arm secures Meta as first customer for ambitious new chip project
Finances

Arm secures Meta as first customer for ambitious new chip project

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Arm plans to launch its