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.
Asarfi Hospital FY26 Revenue Jumps 42% to ₹173.5 Cr; Plans 1,000 Beds by 2030
Asarfi Hospital Limited delivered a robust financial performance in FY26, highlighted by a 58% surge in net profit and 42% revenue growth. The company is aggressively scaling its tertiary care infrastructure, targeting a bed capacity of 1,000 by 2030 and a transition to the main board in FY27.
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.
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.
Kamat Hotels Signs Management Deal for Second 63-Room Orchid Hotel in Dwarka
Kamat Hotels (India) Limited has entered into a management and operations agreement for its second luxury property in Dwarka, Gujarat. Operating under the flagship The Orchid brand, the 63-room hotel aims to capitalize on rising spiritual tourism and is scheduled to be fully operational by December 2026.
Tilaknagar Industries Commences Production at Expanded ₹59 Cr Andhra Pradesh Facility
Tilaknagar Industries Limited has received regulatory approval to commence production at its expanded bottling facility in Andhra Pradesh through its subsidiary, Prag Distillery. This ₹59 crore expansion increases annual bottling capacity six-fold, enabling the company to meet approximately 50 per cent of its total volume requirements in the state internally.
RITES Ltd Expands Global Footprint with New Strategic Office in the Philippines
RITES Limited has officially expanded its international presence by opening a new representative office in the Philippines. Operating under the name Rites Limited SE-Asia Rep. Ofc., the facility is designed to spearhead business development activities across the Southeast Asian region.