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Group 108 builds buzz at MAPIC India with Grandthum and One FNG

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MUMBAI: From blueprints to buzz, Group 108 turned heads at MAPIC India 2025, proving that retail real estate can be as dazzling as it is strategic. Held on 16 and 17 September at the Jio World Convention Centre, Mumbai, the annual retail real estate gathering brought together the country’s leading developers, investors, and retailers. Amid the power-packed line-up, Group 108 stood out with its showcase of Grandthum in Greater Noida West and One FNG along the Noida Expressway two projects being pitched not just as retail spaces, but as lifestyle statements.

Grandthum, with its distinctive architecture and mix of global retail and lifestyle offerings, has already become something of a landmark in Greater Noida West. Its strategic positioning places it at the heart of one of NCR’s fastest-growing hubs, catering to both evolving lifestyles and big-name international brands eyeing India’s booming consumer base.

Meanwhile, One FNG promises to be a game-changer on the Noida Expressway, designed as a high-energy retail hub with immense business potential. Both projects are positioned as more than brick and mortar, they’re envisioned as future-ready ecosystems blending commerce, community, and experience.

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The showcase drew strong engagement across the two-day summit, with Group 108’s stalls buzzing with investors and retail partners. As Group 108, managing director Sanchit Bhutani noted: “The enthusiastic response at MAPIC India 2025 reinforces our vision of building world-class retail environments. This platform enabled us to strengthen alliances and explore opportunities that will fuel the future of retail in India.”

By highlighting its retail destinations at India’s most influential real estate and retail summit, Group 108 reinforced its reputation as an innovator ready to reshape the NCR’s retail landscape. With Grandthum already commanding attention and One FNG set to rise as a new commercial landmark, the company is charting a path that aligns with India’s broader urban transformation story.

As MAPIC India 2025 wrapped up, one thing was clear: Group 108 is not just building structures; it’s building buzz, business, and the future of retail real estate in India.

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Adani Enterprises takes full control of IANS with final stake buy

Rs 4.7 crore deal completes acquisition, making news agency wholly owned unit

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MUMBAI: Adani Enterprises has tightened its grip on the media space, completing the acquisition of the remaining stake in IANS India Private Limited and turning the news agency into a wholly owned step-down subsidiary.

The final leg of the deal was executed through AMG Media Networks Limited, which picked up the balance 24 per cent Category I shares with voting rights and 0.74 per cent Category II shares without voting rights. The all-cash transaction, valued at Rs 4.70 crore, brings to a close a process first set in motion in January this year.

A regulatory filing under SEBI confirmed that the acquisition was completed on 24 March 2026. The company also disclosed the development to BSE Limited and National Stock Exchange of India Limited, in line with listing requirements.

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With the transaction now wrapped up, IANS sits fully within Adani’s media fold under a two-tier structure led by AMNL. While classified as a related party transaction, the company noted it was carried out on an arm’s length basis.

Founded in 1994, IANS has long been in the business of gathering and distributing news content. However, its financials tell a softer story, with turnover slipping over recent years to Rs 8.81 crore in FY25 from Rs 11.86 crore in FY23.

For Adani Enterprises, the move signals more than a tidy consolidation. It sharpens its media ambitions, placing IANS firmly within its growing content and distribution play.

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