Elan Group signs Rs 1,100 crore contract with Leighton Asia for residential project
to develop a luxury housing project in
. Leighton Asia is part of the Australian CIMIC Group. In a statement on Thursday, the company said it awarded the construction contract for its ultra-luxury residential development, 'Elan The Emperor' located in Sector 106,
, Gurugram.
Tired of too many ads? go ad free now
The project is part of Elan Group's 50 acre, integrated township.
The contract covers nearly 5 million sq. ft. of built-up area.
Elan Group had earlier awarded contracts worth 1,800 crore to construct other projects.
Rakesh Kapoor, Chairman, Elan Group, said, " Partnering with Leighton Asia once again reinforces our commitment to collaborate with the finest global expertise in delivering excellence at every level." Brad Davey, Managing Director, Leighton Asia, said, "With more than two decades of on-the-ground experience in India, Leighton Asia takes pride in setting new benchmarks for quality and sustainability in large-scale residential projects.
"
Elan Group has developed many commercial projects in Gurugram, and now it is developing these large townships.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
28 minutes ago
- Economic Times
Dollar holds losses against yen after Trump announces Japan trade deal
Bessent on Monday took a softer stance, saying there is no need for Powell to step down immediately, adding that he should see through the end of his term in May if he wants. Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel TOKYO -The dollar held losses against the yen on Wednesday after U.S. President Donald Trump announced a trade deal with Japan ahead of an impending tariff said the agreement will result in Japan investing $550 billion into the United States and a tariff rate of 15% was set on U.S. imports from an August 1 deadline looming before the imposition of sweeping import duties on trade partners, U.S. Treasury Secretary Scott Bessent said on Monday the administration is more concerned with the quality of trade agreements than the whether the deadline could be extended for countries engaged in productive talks with Washington, Bessent said Trump would make that over the eventual state of tariffs globally has been a huge overhang for the foreign exchange market, leaving currencies trading in a tight range for the most part, even as stocks on Wall Street have scaled fresh dollar index was down 0.4% to 97.423. The greenback traded at 146.65 yen, little changed from the previous session when it slid 0.5%.In a post on Truth Social, Trump said Japan would open to trade for U.S. cars, trucks, rice and certain agricultural products, among other announcement follows a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according the Asahi euro stood at $1.1745, down 0.1% so far in Asia. Sterling was little changed at $ Australian dollar fetched $0.65555, flat in early trade. New Zealand's kiwi dollar traded at $0.6007, up 0.07%.Also weighing on investors' minds were worries about Federal Reserve independence , given Trump has repeatedly railed against Chair Jerome Powell and urged him to resign because of the central bank's reluctance to cut interest on Monday took a softer stance, saying there is no need for Powell to step down immediately, adding that he should see through the end of his term in May if he wants.
News18
40 minutes ago
- News18
Delhi Govt Launches Rs 50 Lakh Innovation Challenge To Tackle Pollution From Heavy Vehicles
Delhi's Industries and Environment Minister Manjinder Singh Sirsa said the government aims to encourage practical, scalable innovations to tackle pollution from heavy vehicles. As the BS-IV diesel heavy vehicles are set to be restricted in Delhi from November 1, the Delhi government has launched an innovation challenge aimed at finding retrofit solutions to upgrade such vehicles to BS-VI standards. The top prize for a viable solution has been set at Rs 50 lakh. The initiative comes in response to directives from the Commission for Air Quality Management (CAQM), which has mandated the ban as part of efforts to curb vehicular pollution in the capital. Delhi's Industries and Environment Minister Manjinder Singh Sirsa said the government aims to encourage practical, scalable innovations to tackle pollution from heavy vehicles. 'Initial qualifying entries will receive Rs 5 lakh for prototype development. Final winners, whose technology clears evaluation by the National Physical Laboratory, will be awarded Rs 50 lakh," Sirsa said. He added that the aim is to provide a platform for innovators working on cost-effective, clean mobility solutions. Further, the government is also exploring ways to convert diesel cars into electric vehicles as part of its broader clean transport strategy. In a separate initiative, the Delhi government has also announced the Industrial Ideathon 2025, aimed at sourcing fresh ideas from students for industrial development. Organised by the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) in collaboration with Netaji Subhas University of Technology (NSUT), the event invites student teams from institutions across Delhi. Registrations are open from July 14 to August 4 at 'This ideathon reflects our commitment to involving youth in shaping Delhi's industrial future," said Sirsa. The competition will be held in two phases—preliminary rounds on August 13–14 at NSUT and a final round between August 18–20. Teams will pitch solutions in areas such as logistics, startup ease-of-business, advanced industrial technologies, and MSME support. Each team must consist of 2–4 members, including at least one female participant. Over 120 teams from more than 30 colleges are expected to take part. view comments First Published: July 23, 2025, 07:11 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
42 minutes ago
- Time of India
Dollar holds losses against yen after Trump announces Japan trade deal
TOKYO -The dollar held losses against the yen on Wednesday after U.S. President Donald Trump announced a trade deal with Japan ahead of an impending tariff deadline. Trump said the agreement will result in Japan investing $550 billion into the United States and a tariff rate of 15% was set on U.S. imports from Japan. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management Data Science PGDM MBA Data Analytics Degree Leadership others Product Management MCA Data Science CXO Artificial Intelligence Technology Public Policy Management Project Management healthcare Finance Digital Marketing Cybersecurity Design Thinking Others Healthcare Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pirates Climb Aboard Cargo Ship - Watch What The Captain Did Next Tips and Tricks With an August 1 deadline looming before the imposition of sweeping import duties on trade partners, U.S. Treasury Secretary Scott Bessent said on Monday the administration is more concerned with the quality of trade agreements than the timing. Asked whether the deadline could be extended for countries engaged in productive talks with Washington, Bessent said Trump would make that decision. Uncertainty over the eventual state of tariffs globally has been a huge overhang for the foreign exchange market, leaving currencies trading in a tight range for the most part, even as stocks on Wall Street have scaled fresh highs. Live Events The dollar index was down 0.4% to 97.423. The greenback traded at 146.65 yen, little changed from the previous session when it slid 0.5%. In a post on Truth Social, Trump said Japan would open to trade for U.S. cars, trucks, rice and certain agricultural products, among other items. Trump's announcement follows a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according the Asahi newspaper. The euro stood at $1.1745, down 0.1% so far in Asia. Sterling was little changed at $1.35285. The Australian dollar fetched $0.65555, flat in early trade. New Zealand's kiwi dollar traded at $0.6007, up 0.07%. Also weighing on investors' minds were worries about Federal Reserve independence , given Trump has repeatedly railed against Chair Jerome Powell and urged him to resign because of the central bank's reluctance to cut interest rates. Bessent on Monday took a softer stance, saying there is no need for Powell to step down immediately, adding that he should see through the end of his term in May if he wants.
