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Nexus Select aims to double portfolio in five years with acquisition-led strategy, ET RealEstate

Blackstone-backed Nexus Select Trust plans to double its assets portfolio to 20 million sq ft in 5 years. CEO Dalip Sehgal stated that the trust can borrow $1 billion or swap units for assets to fund acquisitions. The trust currently owns 17 malls across 14 cities, including Ahmedabad and Amritsar.
Tamil Nadu Dalip Sehgal Nexus Select Representative Image Blackstone Backed Nexus Select Trust Nexus Select Trust

FSSAI: India's food safety regulator working on stricter rules for health supplements, ET Retail

FSSAI: The authority had received several complaints about many non-compliant health supplements being sold in the market, according to an official, after which it conducted a drive across the country to check nutraceuticals and health supplements for quality and safety throughout their manufacturing and sale process.
Himachal Pradesh Standards Authority Of India Representative Image Representative Imagethe Food Safety Standards Authority Food Safety Regulator

Union Cabinet likely to approve 2 more Delhi Metro corridors today, ET RealEstate

Union Cabinet is likely to approve the development of two more Delhi Metro corridors — Lajpat Nagar to G Block in Saket and Inderlok to Indraprastha — today. These corridors will bring down travel time and connect busy commercial areas. DMRC will start the bidding process once the projects are approved.
Lajpat Nagar Lok Sabha Representative Image Delhi Metro Lajpat Nagar Saketg Block Metro Rail

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