Birla Corporation, Godrej Properties and Sun Pharmaceutical Industries to see some action today

16 Jun 2025 Evaluate

Birla Corporation has been declared as preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Rajasthan, following an e-auction conducted by the state government. The limestone block is located in Jaisalmer district and covers an area of 499.6394 hectares. The company emerged as the preferred bidder with the highest final price offer of 20.60 per cent. The block is situated in a region known for high-quality cement-grade limestone and forms part of a larger mineral-rich belt in western Rajasthan.

Godrej Properties is planning to develop a premium residential project on a strategically located around 14-acre land parcel in Hoskote, East Bengaluru. The proposed development is expected to offer approximately 1.5 million square feet of saleable area with an estimated revenue potential of around Rs 1,500 crore.

US Food and Drug Administration (USFDA) has conducted a Good Manufacturing Practices (GMP) inspection of Sun Pharmaceutical Industries’ Halol facility (Gujarat, India) from June 2, 2025 to June 13, 2025. At the conclusion of the inspection, the USFDA issued a Form-483, with 8 observations.

Lemon Tree Hotels has signed new property -- Lemon Tree Hotel, Itanagar in Arunachal Pradesh. The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels. Lemon Tree Hotel, Itanagar will feature 70 well-appointed rooms, a restaurant, a bar, a banquet, a meeting room, a swimming pool, a gym, a spa and other public areas.

HBL Engineering has received a Letter of Acceptance (LoA) from South Central Railway for upgradation of the Kavach Version 3.2 to Version 4.0 in Mudkhed (Including) - Manmad (Excluding) Section covering 350 Kms. The contract is to be completed within 24 months. The total value of the contract is Rs 30.67 crore (inclusive of 18% GST).

Vantage Knowledge Academy has tied up with Cyber Skillsphere, a leading firm specializing in cybersecurity, digital forensics, and AI. Under this tie up, Vantage Knowledge Academy will manage digital infrastructure, student onboarding, nationwide outreach, certification, and academic delivery through its proprietary LMS platform www.vantagepro.app.

Power Finance Corporation’s wholly owned subsidiary -- PFC Consulting has incorporated a Special Purpose Vehicle (SPV) Company -- Wagdari Transmission for development of establishment of 400/220 kV Wagdari in Solapur district.

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