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    GURUGRAM NEWS

    Renewable energy firm ACME Solar Holdings files papers for Rs 3,000-crore IPO

    The Gurugram-based company's proposed IPO is a combination of fresh issue of shares worth Rs 2,000 crore and an offer for sale (OFS) of shares valued Rs 1,000 crore by ACME Cleantech Solutions, according to the DRHP. The offer also includes a reservation for a subscription by eligible employees. The company may consider issue of securities to the tune of up to Rs 400 crore as a "pre-IPO placement". If such placement is completed, the fresh issue size will be reduced.

    Ganga realty to invest Rs 1,200 crore in developing luxury housing project in Gurgaon

    Gurgaon-based real estate developer Ganga Realty plans to invest Rs 1,200 crore in a luxury residential project in Gurgaon's Sector 85. The project, expected to generate Rs 2,000 crore in revenue, will include the tallest residential towers in Gurugram, with G+59 storey buildings. It is set to be completed in the next five years.

    Stocks in news: JSW Infra, Stanley Lifestyles, SAMHI Hotels, Bank Of Baroda, IREDA

    Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project.

    Couple's 'hack' to eat free at 5-star restaurants leaves internet 'disgusted'

    A couple's unusual method for dining free at 5-star restaurants has stirred up strong reactions on the internet, leaving many disgusted by their deceptive tactic. The revelation serves as a cautionary tale about the extremes people might go to for small gains, prompting concerns about honesty and ethics in everyday interactions.

    Haryana CM announces hike in income limit for creamy layer of OBC to Rs 8 lakh

    Haryana Chief Minister Nayab Singh Saini announced an increase in the annual income limit for the creamy layer from Rs 6 lakh to Rs 8 lakh, aiming to provide significant employment benefits for the OBC community. This announcement, made at the 'OBC Morcha Sarv Samaj Samrasta Sammelan' in Gurugram, comes ahead of the Haryana Assembly polls likely in October. Saini also revealed plans to increase reservation for backward classes in Group-A and Group-B posts from 15% to 27%, aligning with Central government policy.

    Air India Express moves to new campus, joins Air India in Vatika One-on-One complex in Gurugram

    Air India Express has moved its headquarters to the Vatika One-on-One complex in Gurugram, now sharing the campus with Air India's main office. The new facility emphasizes innovation, sustainability, and a future-ready approach, featuring "The Patterns of India" theme in its design. It boasts an open floor plan with natural light, collaborative spaces, and gender-inclusive amenities. The airline aims to enhance productivity with ample meeting rooms and private areas.

    The Economic Times
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