Chennai
Blackstone Plans to Acquire 80.15% Stake in Aadhar Housing Finance, Strengthening Its Presence in India’s Housing Finance Sector
Blackstone has announced plans to acquire an 80.15% stake in Aadhar Housing Finance, seeking CCI approval to strengthen its presence in India’s affordable...
NHAI shelves Madhavaram–Nallur elevated corridor plan; hands project to State Highways Department
NHAI has scrapped its proposed elevated corridor between Madhavaram and Nallur toll gate, citing Tamil Nadu’s non-cooperation. The congested 10.3 km stretch will...
Herrenknecht Expands Chennai Operations with New TBM Manufacturing Plant in Kannigaipair
Germany-based Herrenknecht is expanding its presence in India with a new tunnel boring machine (TBM) manufacturing plant at Kannigaipair, North Chennai. Acquired for...
Five-Star Hotel to Strengthen Chennai’s Fintech City
Chennai’s Fintech City in Nandambakkam is set to get a five-star hotel, developed by TIDCO. Spread across 110 acres, the city hosts banks,...
TN to Convert 118-Acre MRC Land into Waterbody, NGT Orders Status Quo
The Tamil Nadu government has announced that the 118 acres of land reclaimed from the Madras Race Club (MRC) will be converted into...
L&T to Bag ₹2,400-Cr Apollo Hospitals Project, Expands Healthcare Infra Portfolio
Larsen & Toubro (L&T) Construction’s Buildings & Factories (B&F) division is likely to bag orders of approximately ₹2,400 crore for constructing hospital buildings...
Chennai to Get Smoother Commutes as GCC Plans Major Road Upgrade Across 14 Zones
In a major push to enhance urban infrastructure, the Greater Chennai Corporation (GCC) has rolled out an ambitious plan to upgrade 346 roads...
DLF Announces ₹10,000-Crore Investment to Expand Premium Offices and Shopping Malls
Property behemoth DLF Group has drawn up a high-octane growth plan that involves a ₹10,000-crore spending in FY25 and FY26 on building high-end...
HIL Rebrands as BirlaNu, Increases AAC Block Capacity in Chennai
HIL, a business leader in building materials and one of the members of the $3 billion CK Birla Group, is rebranding itself as...
Tamil Nadu Unveils ‘Global City’ Near Chennai to Manage Urban Boom
Due to rapid urbanisation, Tamil Nadu has now announced a 2,000-acre ‘Global City’ to be developed near Chennai. Led by Tamil Nadu Industrial Development Corporation...
