Month: May 2025

[ad_1] In a major push to establish Andhra Pradesh as a global creative and digital hub, Chief Minister N Chandrababu Naidu on Sunday announced the signing of a Memorandum of Understanding (MoU) to set up Creator Land, India’s first transmedia entertainment city, in the state capital region.Unveiled at the ongoing WAVES Summit in Mumbai, the project is expected to generate up to 25,000 jobs and attract investments worth Rs 10,000 crore over the next six years, news agency PTI reported. The initiative marks a significant step in transforming the state’s economy through digital innovation and global partnerships."With an aim to create 25,000 jobs, the project is set to attract FDI, bring large-scale development, and empower local talent to Create in AP & Create for the World," Naidu said in a post on X, highlighting its employment potential and exportable creativity.Calling […]

[ad_1] Real estate major Macrotech Developers Ltd, known for its ‘Lodha’ brand, is set to launch residential projects worth Rs 19,000 crore during the current financial year across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, in a move to capitalise on the strong demand in the housing sector.In an interview with PTI, Macrotech Developers Executive Director – Finance, Sushil Kumar Modi, said the company remains optimistic about the Indian real estate sector and will continue to invest significantly to fuel its growth."In the last fiscal, we launched around 10 million square feet area with a Gross Development Value (GDV) of around Rs 14,000 crore spread across 24 projects," Modi stated.This fiscal, the company plans to launch 17 residential projects, covering 13 million square feet and with an estimated sales booking potential of Rs 19,000 crore. The upcoming launches will […]

[ad_1] State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise in sales for the month of April. In a statement issued on Sunday, the company said it produced 4 million tonnes (MnT) of iron ore during April, up from 3.48 MnT in the same month last year.Sales for April stood at 3.63 MnT, compared to 3.53 MnT in April 2024, reflecting a growth of 3 per cent.Commenting on the performance, NMDC Chairman and Managing Director Amitava Mukherjee said, “Our record-breaking April performance, coupled with best-ever despatch figures from our major iron ore mines — Kirandul, Bacheli, and Donimalai — with a growth of 12 per cent, 4 per cent and 88 per cent, respectively over CPLY solidifies our leadership position and sets a strong foundation for achieving our […]