Articles for tag: Demand, Fueled, Gaurs, Group, Housing, IPO, Launch, Luxury, Prepares, Project, RecordBreaking, Soaring

Market News

Gaurs Group prepares for an IPO amid soaring demand, fueled by a record-breaking luxury housing project launch.

Gaurs Group prepares for an IPO amid soaring demand, fueled by a record-breaking luxury housing project launch.

Gaurs Group is set to launch its Initial Public Offering (IPO) within the next 18 months, aiming to expand its operations in response to strong consumer demand. The company’s Chairman, Manoj Gaur, announced plans to grow its housing project development across the Delhi-NCR region. Following the successful launch of a luxury housing project in Ghaziabad ...

Market News

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

The Reserve Bank of India (RBI) is planning a major overhaul of its currency management system over the next 4-5 years to meet the growing cash needs of the economy. This modernization will include building new currency management centers, automating warehouses, and improving security and inventory systems. The RBI noted that while the growth rate ...

Market News

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...

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Signature Global embarks on a ₹1,144 crore luxury housing project in Gurugram, achieving record pre-sales in mere days.

Signature Global embarks on a ₹1,144 crore luxury housing project in Gurugram, achieving record pre-sales in mere days.

Signature Global has awarded a construction order worth Rs 1,144 crore to Ahluwalia Contracts for their luxury housing project, ‘De-luxe DXP,’ located in Gurugram’s Sector 37D along the Dwarka Expressway. Spanning 16.65 acres, this ambitious project will feature 1,008 residential units and a total developable area of 28.12 lakh square feet. Construction has already begun, ...

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Prestige Estates raises ₹5,000 crore amid declining profits, expanding into Mumbai and Delhi-NCR markets despite project launch delays.

Prestige Estates raises ₹5,000 crore amid declining profits, expanding into Mumbai and Delhi-NCR markets despite project launch delays.

Prestige Estates Projects Ltd, a major real estate developer, has successfully raised Rs 5,000 crore through a Qualified Institutional Placement (QIP) aimed at institutional investors. The share allocation consisted of nearly 29.9 million equity shares priced at Rs 1,674 each, reflecting a 4.62% discount from the floor price. With a strong presence in southern India, ...

Market News

Massive 6,790 MW Hydro Power Project Agreement Signed in Maharashtra

Massive 6,790 MW Hydro Power Project Agreement Signed in Maharashtra

THDC India has partnered with the Maharashtra government to develop six pumped hydro power storage projects, totaling 6,790 MW, with an investment of over Rs 33,600 crore. This agreement aims to streamline the process for project surveys, investigations, and the preparation of Detailed Project Reports (DPRs), ensuring compliance with central and state regulations. The six ...

Market News

BPCL and ONGC Ignite Talks for Ambitious New Refinery Project

BPCL and ONGC Ignite Talks for Ambitious New Refinery Project

Bharat Petroleum Corp (BPCL) and Oil and Natural Gas Corp (ONGC) are in the early stages of discussions about potentially building a new refinery together, according to sources familiar with the matter. While both companies have chosen not to comment publicly on these talks, BPCL’s chairman recently shared plans to expand its refining and petrochemical ...

Project Astra: The Future of Google’s AI Assistant | Current Affairs Question and Answers

Today’s current affairs highlight the groundbreaking unveiling of Google I/O 2024 and its focus on prioritizing AI features like Project Astra. This innovative multimodal AI assistant can identify objects, faces, moods, and even help you locate misplaced items. The demo showcased various modes like Storyteller and Pictionary, offering a glimpse into the future of Android ...

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