Chennai

In a strategic shift marking its Diamond Jubilee, Chennai Petroleum Corporation Ltd (CPCL), a subsidiary of IndianOil Group, has announced plans to re-enter the retail fuel market after two decades. Backed by a Rs 400 crore capital outlay, the initiative aims to establish petrol and diesel outlets across India, beginning with Tamil Nadu. CPCL’s move signals a diversification effort beyond refining, tapping into retail distribution while leveraging market responsiveness.

Prestige Estates Projects Ltd, a prominent real estate developer headquartered in Bengaluru, is set to launch 25 residential projects across major Indian cities this fiscal year, aiming for an estimated gross development value (GDV) of Rs 42,120 crore. This ambitious expansion follows a subdued 2024-25 fiscal marked by regulatory delays and muted sales, which saw a 19% dip in sales bookings and a significant drop in net profit to Rs 467.5 crore.

India’s data centre (DC) sector is entering a new phase of exponential expansion, backed by a wave of digital transformation, artificial intelligence (AI) proliferation, and accelerated cloud adoption. According to a recent report by Colliers India, the industry has already absorbed investments of nearly USD 15 billion since 2020 and is poised to attract another USD 20–25 billion over the next six years. With capacity expected to more than triple by 2030, the country is emerging as a central hub for data infrastructure across the Asia-Pacific region.