Daily trending news …
Ahmedabad’s Nirma Group, a ₹12,207-crore conglomerate known for detergents, soaps, chemicals, cement, and healthcare, is diversifying into hospitality with a proposed 555-room upper-upscale five-star hotel along the Sarkhej-Gandhinagar Highway. Seeking environmental clearance, the project eyes partnerships with global operators like IHCL, Hyatt, and Marriott.
Adani Group is expanding into India’s hospitality sector by developing more than 60 hotels, primarily integrated with its airport and real estate projects under Adani Airport Holdings Ltd. Instead of operating hotels, the group will own properties and lease them to global chains like Marriott for steady rental income. This asset-owner strategy targets non-aeronautical revenue growth at airports, l
The Adani Group has completed numerous acquisitions totalling around USD 9.6 billion since January 2023, demonstrating improved funding access and consistent performance. The group emphasises debt reduction, careful capital allocation, and steady expansion across ports, cement, and power, supported by enhanced transparency and ongoing lender engagement.
The Adani Group plans to invest ₹12 lakh crore in India over the next six years, focusing on infrastructure, ports, renewables, and energy transition. The initiative supports Prime Minister Modi’s Make in India campaign, with a broader aim to boost industry, technology, and sustainable growth across the country.
Adani Group will invest $15 billion over five years to raise its airport capacity from current levels to 200 million passengers annually by 2030, covering two-thirds of India’s projected 300 million traffic. 70% funding via debt, 30% equity, positioning the airports unit strongly for its upcoming IPO.
Unlike previous TN Rising events in Hosur and Thoothukudi, Coimbatore’s 2025 conclave stands out with over 7000 crore investments driven entirely by homegrown companies. Local powerhouses LMW, Pricol, CRI Pumps, KPR Group, KG Hospital, Ganga Hospital, Sakthi Group, Propel, Malabar Gold, Bosch India, Mahindra R&D, Tanny Shelters, and Casa Grande announced massive expansions in manufacturing, health
Mahindra Group Chairman Anand Mahindra drew attention to this in a post on X, warning that the lack of trained workers in essential trade sectors poses a “much larger crisis” than the potential job losses caused by AI.
The Adani Group is making its entry into the Battery Energy Storage Systems (BESS) sector, announcing plans to construct India’s largest BESS facility and one of the world’s biggest single-site BESS installations. According to the company, the project is located in Khavda, Gujarat, and is slated for completion by March 2026.
RPG Group Chairman Harsh Goenka expressed concern over a possible ban by President Donald Trump on India’s use of US tech platforms, including X, Google, Instagram, and others. Here is how zoho founder Sridhar vembu responded to it.
