Jonjua Overseas has signed a Memorandum of Understanding (MoU) with Cotobo LLP. The aim of the MoU is to synergise the effort of both the companies in development of aviation market mainly helipad and/or heliport. MoU is based upon innovation and excellence in engineering projects in VTOL segment and enabling border and hill states to have these aviation facilities. VTOL segment is a fast-growing sector in India and this latest development will enable both the companies to meet this objective.
Mahindra Lifespace Developers (MLDL) has added three societies to its residential redevelopment portfolio in Mumbai. The additions include two societies in a redevelopment project in Borivali and one additional society in an existing redevelopment project in Chembur. Together, these projects have a total potential GDV of Rs 1,500 crore.
ACME Solar Holdings (ASHL), through its wholly owned subsidiary - ACME Sigma Urja, has commissioned Phase-I of the BESS component, comprising 53.73 MW/222.969 MWh out of 250 MW / 1069 MWh (Discharge Capacity) of the FDRE Project located at Village: Neemri, Tehsil: Rawatbhata, District: Chittorgarh, Rajasthan on September 30, 2026. At present, only the BESS component of the project has been commissioned, while the corresponding renewable energy generation component is under development.
Carborundum Universal has infused $3 million (around Rs 28.78 crore) into CUMI International, Cyprus, a wholly owned subsidiary of the company, by way of subscription to its equity share capital. The investment has been made to support the funding requirements of CUMI International in connection with the proposed closure of its wholly owned subsidiary in Germany, CUMI Awuko Abrasives GmbH.
Highway Infrastructure has received the Letter of Acceptance (LOA) of Rs 24.45 crore for operations at Velanchettiyur Fee Plaza in the State of Tamil Nadu. The Letter of Award (LOA) was issued by National Highways Authority of India (NHAI) on September 30, 2026. The said order is expected to be completed in 90 days.
Lemon Tree Hotels has opened Keys Prima by Lemon Tree Hotels, Darjeeling. This marks the Group’s first hotel in Darjeeling, further strengthening its presence in West Bengal. The hotel is managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. Spread across 65 well-appointed rooms and suites including Superior Rooms, Deluxe Rooms, Studio Suites and Executive Suites, the hotel offers views overlooking the valley, city, forest and lush gardens.
Symbiotec Pharmalab’s wholly owned subsidiary -- Knovea Pharmaceutical has entered into a definitive agreement with a leading global pharmaceutical company, granting the partner exclusive rights to commercialise and distribute two Dual Chamber Vial (DCV) - based injectable products in the United States. The agreement marks a decisive step in the commercialization of Knovea’s DCV platform. Knovea will lead development, regulatory submissions, manufacturing and supply, while the partner drives commercialization and distribution across the U.S.-- bringing established market access and commercial scale to Knovea's platform.