Bengaluru

Puravankara Ltd, a prominent real estate developer headquartered in Bengaluru, has secured a major redevelopment project involving eight residential societies in Chembur, Mumbai. This initiative encompasses over 12 lakh square feet across 4 acres, with an anticipated gross development value (GDV) of Rs. 2,100 crore. The project forms part of the company’s strategic expansion in the Mumbai Metropolitan Region (MMR) and Pune markets, where redevelopment is expected to contribute Rs. 7,700 crore to an overall Rs. 18,000 crore GDV.

Sattva Group, a Bengaluru-based real estate powerhouse, plans to invest approximately Rs 800 crore in Goa’s property market over the next two years. This substantial capital deployment aims to leverage Goa’s enhanced infrastructure, growing connectivity, and surging demand from NRIs and domestic buyers for both primary residences and second homes. Building on the successful launch of the second phase of its flagship ‘Sattva Water’s Edge’ project near Dabolim airport, the company is preparing to initiate additional residential projects, including a gated community.

Meesho, the Bengaluru-based e-commerce startup backed by Japanese investment giant SoftBank, has initiated a confidential filing with India’s Securities and Exchange Board (SEBI) for an initial public offering (IPO). The company, known for its asset-light, social commerce model, intends to raise at least Rs. 4,250 crore through the offering. By leveraging SEBI’s pre-filing confidentiality provision, Meesho aims to maintain strategic discretion while navigating fluctuating market conditions.

Ather Energy, the Bengaluru-based electric two-wheeler manufacturer, has reached a major milestone by crossing the one lakh unit sales mark for its Rizta scooter. In celebration, the company has unveiled a new variant of the Rizta S, now equipped with a larger 3.7 kWh battery. This model offers an extended range of 159 km per charge, making it an attractive proposition for urban commuters seeking a practical and affordable electric scooter. Priced at Rs.

In a striking departure from traditional views on work culture—especially those espoused by its co-founder N. R. Narayana Murthy—Infosys is actively promoting a healthier work-life balance for its employees. Through a new internal HR campaign, the IT giant is tracking working hours and discouraging excessive overtime, particularly in remote work setups. The move comes amid rising concerns over burnout in the tech sector and reflects a broader shift in corporate India’s evolving workplace ethos.