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
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.
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.
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.