Category: Construction & Building Materials

Hyatt to acquire Two Roads Hospitality for expanding brand portfolio

Hyatt Hotels Corporation has recently made an announcement confirming that it has agreed to buy the international lifestyle hotel management company Two Roads Hospitality. The acquisition will reportedly constitute a base purchase price of $480 million and depending on certain individual terms to be decided …

Qualcomm plans to set up INR 3,000 crore Campus in Hyderabad

The Telangana state government has reportedly announced that the telecommunications equipment giant Qualcomm is planning on setting up a campus in Hyderabad with an investment of USD 400 million (about INR 3,000 crore). This is allegedly said to be the company’s largest facility outside of …

L&T wins INR 3,036 crore Bengaluru Airport construction contract

The building and factories business division of Larsen & Toubro has recently taken a EPC order worth INR 3,036 crore from BIAL (Bangalore International Airport Ltd). Under the terms of the deal, L&T Construction would be constructing Terminal-2 (T2) of the Kempegowda International Airport, Bengaluru. …