Monsoon Slows Building Material Demand, but 19% Capex Growth Signals FY27 Recovery

July construction demand slowed due to monsoon rains, but higher government capex could support a stronger building material recovery.

Marudhar Rocks International Secures INR 150 Crores Investment from Bharat Value Fund

Marudhar Rocks International has successfully secured INR 150 crores from Bharat Value Fund, gaining a 6.5% equity stake. This investment values the company at approximately INR 2300 crores and will aid in enhancing Marudhar’s production capabilities and global market presence.

Urban Development Ministry Unveils Updated Guidelines for Green Building Certifications

New Delhi, August 28, 2024 — The Ministry of Urban Development has…