* Imperial Holding Group, which is into aviation business, today said it is investing Rs 480 crore to develop a luxury housing project at Shimla in Himachal Pradesh.
* Imperial Holding Group, which is into aviation business, today said it is investing Rs 480 crore to develop a luxury housing project at Shimla in Himachal Pradesh.
Imperial Realty and Developments, a subsidiary of Imperial Holding, is developing total 270 units in this 20- acre project.
"We are developing our first project Auramah Valley near Naldera golf course at Shimla comprising 200 apartments, 50 duplexes and 20 villas in this project over three phases. The construction cost of this project is Rs 480 crore," Imperial Holding group Chairman Manav Singh said.
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Vipul gives contract to Leighton India for Gurugram proj * Realty firm Vipul Ltd today said it has given contract to Leighton India, to construct the first phase of its project in Gurugram.
Leighton India Contractors Pvt Ltd is a part of the CIMIC Group, which is Australia's major constructing and contracting company. It started operations in India in 1998.
This will be Leighton India's fourth major construction project in India following Maker Maxity and Ten BKC both in Mumbai, IKEA retail outlet in Hyderabad and DLF Camelias in Delhi-NCR.
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Sepalika raises $750,000 from Accel
* Sepalika.com, a content platform, today said it has raised USD 750,000 in its seed round, led by Accel.
Sepalika will use the fresh capital infused for further building on its research-based content and strengthening its core proposition in the key market of US, the company said in a statement.
"The latest round of capital raised will help us to further boost the offerings of our platform," Sepalika co- founder Sharda Agarwal said.
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Razorpay appoints MasterCard exec as Chief Innovation Officer * Online payments platform Razorpay today said it has appointed former MasterCard executive Arif Khan as its Chief Innovation Officer.
In this role, he will be responsible for managing the innovation process inside the organisation by building strategies and identifying new business opportunities, Razorpay said in a statement.
He will also work closely with various banking and financial institutions to develop new technical capabilities and a robust payment architecture, it added. (MORE)
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
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