Alstom T&D India to supply Power Grid’s first ‘Make in India’ gas-insulated substation
Kolkata: Alstom T&D India has been awarded a contract worth approximately US$ 34 million by Power Grid Corporation of India to supply two gas-Insulated substations at Betul in Madhya Pradesh and Navsari in Gujarat. Both substations will be completely manufactured in India, making this Power Grid’s first ‘Make in …read more
CDK Global to invest $50 million in Hyderabad, Pune
Hyderabad: CDK Global Inc plans to invest around US$ 50 million in its first year of operations in India. The company will invest US$ 35 million in Hyderabad and US$ 15 million in Pune, said Mr Steven J. Anenen, President and CEO, CDK Global.
Nitesh Estates buys Pune’s Koregaon Park Plaza for Rs250 crore
Bengaluru: Nitesh Estates Ltd has bought Park Plaza Centre, a shopping mall, in Pune’s Koregaon area for Rs 250 crore (US$ 39.13 million) from Israel-based Elbit Imaging Ltd as the developer looks to expand its retail project portfolio.
Starwood inks pact to operate Le Meridien in Mahabaleshwar
Mumbai: US-based multinational hospitality chain Starwood Hotels and Resorts has signed a management contract for a five-star hotel in Mahabaleshwar, Maharashtra, to be branded as Le Meridien.
