| | OCTOBER 20268MoneyTruVa, a structured financial information platform for Indian investors, has raised an undisclosed amount in a seed round. MoneyTruVa brings together financial information that is scattered across exchange filings, media and social platforms, and presents it in a structured format with context. It aims to gather investors and stakeholders across the financial ecosystem, enabling them to discover information, understand it and make better-informed decisions.As participation continues to broaden and deepen across the country, one of the most important enablers for the next phase of growth will be access to structured financial information that empowers investors to make smarter decisions. MoneyTruVa aims to address this need by transforming fragmented financial information into a structured, accessible and decision-oriented experience for investors. Celebrating its 40th anniversary, Brigade Group, a prominent real estate firm in Bengaluru, has revealed plans to invest around Rs 40,000 crore in the next three years. Brigade intends to double its office and hospitality portfolios, while growing its residential sector based on opportunities.Adani Group, aiming for yearly investments of around Rs.2 lakh crore this financial year, is working to develop the capacity to invest nearly 4.8 times that figure--or $100 billion (Rs.9.7 lakh crore)--annually by 2033. The stated goal is to establish the financial, operational, and project pipeline capacity for an annual investment of $100 billion. The group is not obligated to allocate that amount each year starting in 2033.At the close of that financial year, the group's overall asset base was Rs.7,85,098 crore, with cash and cash equivalents noted at Rs.55,852 crore. The organization noted that its borrowing expense dropped to 7.8 percent from 9 per-cent two years prior, aided by up-grades in credit ratings throughout its operations. Larsen & Toubro's Energy CarbonLite Solutions division has been issued a limited notice to proceed by DVC CIL Power Private Ltd for the primary plant package of the 2 x 800 MW Chandrapura thermal power project located in Jharkhand. L&T has categorized the order as `Major', signifying a value ranging from Rs 5,000 crore to Rs 10,000 crore. The contract holds great importance for L&T's traditional energy sector, though it is still reliant on obtaining project approvals and turning into a complete notice to proceed.L&T's responsibilities encom-pass the design, engineering, production, supply, installation, testing, and commissioning of boilers, steam turbines, generators, and electrostatic precipitators. It also includes related mechanical, electrical, control, and instrumen-tation systems, in addition to civil works. MONEYTRUVA RAISES SEED FUNDING WITH BACKING FROM SINGHANIA, RAJ SHAMANIBRIGADE GROUP PLANS FOR RS.40,000 CRORE INVESTMENTADANI TARGETS $100 BILLION ANNUAL INVESTMENT CAPACITY BY 2033NEWSROOM L&T BUILDS MAIN PART OF 1,600 MW THERMAL POWER PLANT, JHARKHANDINFRASTRUCTURE & POWER And this time, freedom will mean capability -- capability to power ourselves, capability to compute for ourselves, capability to dream for ourselvesGautam Adani,Chairman, Adani GroupBUSINESS & INVESTMENT Brigade's operational leasing portfolio is presently about 10 mil-lion square feet and is anticipated to grow with further launches and developments, the company stat-ed. In the coming three years, the group intends to invest in residential, commercial, retail, and hospitality sectors, as well as emerging ventures like warehousing. The firm antici-pates that its upcoming projects and new ventures will create approxi-mately 23,000 direct and indirect job opportunities in construction, engi-neering, hospitality, retail, facility management, and technology.
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