Persistent Systems Expands in Estonia with 90-Professional Team for AI Transformation
Persistent Systems is expanding its European operations by establishing new strategic delivery centers in Tallinn and Tartu, Estonia. The move involves integrating a specialized team of over 90 professionals from software engineering firm Concise to advance AI-led platform transformation. This expansion strengthens the company's nearshore delivery capabilities and expertise in cloud-native technologies.
Suraj Estate Developers Acquires Mahim Land Rights for ₹75 Cr; Eyes ₹800 Cr Project GDV
Suraj Estate Developers, through its subsidiary Iconic Property Developers, has signed an MOU to acquire development rights for a 2,941 square meter land parcel in Mahim (West). This strategic acquisition is set to integrate with an existing commercial project, potentially generating a Gross Development Value of ₹800 crore.
Harsha Engineers to Invest ₹110 Crore for Ahmedabad Plant Capacity Expansion
Harsha Engineers International Ltd is undertaking a ₹110 crore strategic expansion at its Ahmedabad-based subsidiary, Harsha Engineers Advantek Limited. This Phase 2 project focuses on adding new manufacturing lines for bushing and stamping products to drive revenue growth.
JSW Steel Launches ₹65,000 Crore Integrated Steel Project in Paradeep, Odisha
JSW Steel has officially commenced the development of its 13.2 MTPA greenfield integrated steel plant in Paradeep, Odisha. This ₹65,000 crore phased investment represents one of the largest industrial projects in the state, designed to significantly scale India's domestic steel manufacturing capacity.
Arkade Developers Secures Kandivali East Redevelopment Project with ₹1,100 Crore GDV
Arkade Developers has acquired cluster redevelopment rights for nine societies in Kandivali East, Mumbai, marking a significant footprint expansion in the suburban luxury segment. The project features a projected Gross Development Value of ₹1,100 crore and adds substantial saleable inventory to the company's pipeline.
Man Industries Targets ₹8,500 Cr Revenue by FY30 Following $102M Saudi Acquisition
Man Industries (India) Ltd has announced the strategic acquisition of National Pipe Company in Saudi Arabia for USD 102 million. The acquisition is expected to significantly scale the company's consolidated revenue and margins by FY30 through increased exposure to the Saudi Vision 2030 infrastructure pipeline.
Laxmi Goldorna House Completes 9.15 Lakh Sq Ft Laxmi Eternia Project in Ahmedabad
Laxmi Goldorna House Limited has secured the Building Use Certificate for its integrated project, Laxmi Eternia, in Ahmedabad. The completion marks the formal operational readiness of over 9.15 lakh square feet of residential and commercial space.
NIBE Limited Launches Shirdi Defence Complex with 5 Lakh Ammunition Shell Annual Capacity
NIBE Limited has inaugurated its state-of-the-art Defence Manufacturing Complex in Shirdi, Maharashtra, to bolster indigenous production of artillery and missile systems. The facility introduces high-capacity ammunition manufacturing and next-generation rocket launching technology to support India's self-reliance goals.
Ethos Ltd Expands Luxury Footprint with New Bengaluru Boutique; Total Outlets Reach 99
Ethos Limited has officially inaugurated a new exclusive brand boutique at the Phoenix Mall of Asia in Bengaluru. This strategic expansion increases the company's total footprint to 99 boutiques across India, reinforcing its leadership in the luxury watch and specialty retail segment.