Bangalore-based Phoenix Group Global, a multinational conglomerate, is planning to spend over Rs 500 crore in various hotel, real estate and floriculture projects throughout the country. 

The company plans to fund the proposed investment through debt (70%) and equity (30%).

According to sources, the company would launch hotel projects under its new brand Zuri Hotels and Resorts in Bangalore, Chennai, Ahmedabad, Kochi, Nagpur and Visakhapatnam. 

Pune-headquartered DS Kulkarni Developers has notified that the board of directors of the company at its meeting has decided to pick 51% stake in DSK Global Education & Research.

With the acquisition of shares, DSK Global Education & Research will become a subsidiary of the company.

D.S. Kulkarni Developers Limited engages in the civil construction and real estate development primarily in India. It operates principally in Pune and Mumbai cities of Maharashtra state.

Cognizant technologies, a leading provider of global consulting, technology and business process services, has entered into a five-year agreement with UK-based AstraZeneca, a leading pharmaceutical major, to provide application maintenance services in the business-critical areas of research, clinical development, and sales and marketing.

Under the extended agreement, Cognizant will work with AstraZeneca's Global Shared Services organization and implement world class, end-to-end application maintenance services. 

PBA Infrastructure Ltd (PBA) has informed that company’s Joint Venture christened "PBA-CONSITE" has received two orders worth Rs 44.99 crore from Mumbai Metropolitan Region Development Authority.

Further PBA Infra stated that it has 60% share in these two awarded contract. 

The JV has secured first contract worth Rs 15.81 crore for construction of skywalk at Ulhasnagar (East), in which PBA Infra has 60% share, valued at Rs 9.49 crore. 

While, the second contract worth Rs 29.17 crore has bagged for construction of Skywalk at Ulhasnagar (West). PBA Infra 60% share valued at Rs 17.50 crore.

Public sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC. 

Under the deal, BHEL will set up two 660 MW steam turbine generators for NTPC's Barh thermal power project in Bihar. 

BHEL’s scope of work includes design, engineering, manufacture, supply, erection and commissioning.

This is company's first commercial order with supercritical parameters through the International Competitive Bidding. 

Real estate developer—CHD Developers has formally announced the launch of its much anticipated project, the Silver County, an integral part of CHD Developers’ Rs 1000 crore mega project, CHD City at Karnal.

According to the company, Silver County will feature 200 expandable stand-alone villas with excellent facilities and amazing conveniences to be constructed with an investment outlay of Rs 75 crore.