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Blackstone-Backed Nexus Select Trust Eyes Mall Takeovers in Kolkata & Siliguri

Nexus Select Trust, backed by Blackstone, is in talks to acquire Diamond Plaza in Kolkata and Vega Circle Mall in Siliguri after acquiring South City Mall, strengthening Bengal’s retail real estate landscape.

Mon, Dec 08, 02:09 AM IST
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Syama Prasad Mookerjee Port Kolkata Secures ₹48,000 Crore in MoUs at India Maritime Week 2025

Syama Prasad Mookerjee Port, Kolkata (SMPK) has signed MoUs worth over ₹48,000 crore during India Maritime Week 2025 in Mumbai. The agreements with leading players like Adani Ports, JSW Infrastructure, Haldia Petrochemicals, and UltraTech Cement aim to boost maritime trade, logistics, and riverfront development, positioning Kolkata as a major gateway for Eastern India’s growth.

 

Sat, Nov 01, 12:14 AM IST
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Srijan Realty to Develop ₹350-Crore Retail & Office Hub on Kolkata’s Strand Road as Part of Hooghly Riverfront Revamp

Srijan Realty has been awarded a four-acre plot on Strand Road by the Syama Prasad Mookerjee Port to develop an ₹350-crore retail and office hub as part of Kolkata’s Hooghly riverfront transformation. The 800,000 sq. ft. project will feature retail, F&B spaces, banquets, and public areas, aiming to blend modern design with the heritage charm of Strand Road.

 

Fri, Oct 31, 12:44 AM IST
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Carlsberg Group to Invest ₹400 Crore in West Bengal

Global brewing major Carlsberg Group has unveiled a significant investment plan for India, pledging ₹1,250 crore to strengthen its presence in the country’s food processing sector. The investment will be spread across Maharashtra, West Bengal, and Karnataka, with Hooghly, West Bengal, emerging as a key beneficiary.

Fri, Oct 03, 04:07 PM IST
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Kolkata’s Amwoodo Raises $4M Pre-Series A to Scale Bamboo-Based Sustainable Solutions

Kolkata’s Amwoodo, an innovator in bamboo-based sustainable solutions, has raised $4 million in Pre-Series A funding. The round was led by Rainmatter, with participation from Adventz Group, Thinkuvate, and Caspian.

Tue, Sep 23, 04:50 PM IST
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Nexus Select Trust in Talks to Acquire Diamond Plaza Mall Kolkata for ₹600 Crore

Kolkata’s retail scene is buzzing again! After sealing a massive ₹3,250 crore deal for South City Mall earlier this year, Blackstone-backed Nexus Select Trust is now in advanced talks to acquire Diamond Plaza Mall in North Kolkata for about ₹500–600 crore.

Mon, Sep 22, 12:16 AM IST

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