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Ramky Group

Full company profile

uuid000ed28

Namestring
Ramky Group
Legal namestring
Ramky Group
Websiteurl
ramky.com
Company typeenum
Private
Founded yearint
1990
Descriptiontext

Ramky Group is a Hyderabad-headquartered, privately-held multi-disciplinary infrastructure holding company, founded in the mid-1990s, that operates across civil construction, environmental services, waste management, real estate, pharmaceutical infrastructure, and life sciences through a portfolio of wholly-owned subsidiaries. The group reports turnover exceeding Rs. 4,500 crores and maintains an operational presence across 55 locations in India plus branch offices in the UAE and Singapore. Its primary customers are state governments and municipal corporations responsible for public infrastructure and waste management, with named engagements including the Bengaluru Municipal Corporation (BBMP), Greater Chennai Corporation, the Telangana Government, and the Karnataka Government.

The group's portfolio is organized around operating subsidiaries: Ramky Infrastructure Limited executes civil engineering and Public Private Partnership (PPP) projects; Ramky Enviro Engineers Limited delivers environmental and waste management infrastructure; Ramky Estates and Farms Limited, with the Ramky Discovery City sub-brand, develops integrated townships; Ramky Pharmacity India Limited and Smilax Laboratories Limited cover pharmaceutical and life sciences infrastructure; and Ramky Foundation (established 2006) executes CSR programs in natural resource management, women empowerment, and education. The group has completed 90 building construction projects between April 2002 and December 2011 spanning commercial, residential, public, institutional, and corporate buildings, mass housing, hospitals, and schools.

Revenue is generated predominantly through competitive government tenders for long-term PPP and managed-service contracts, typically 30-year durations with annual escalation clauses; pricing is undisclosed and determined through competitive bidding. The largest contract on record is the Rs. 39,437 crore, 30-year Bengaluru Integrated Solid Waste Management contract awarded to its wholly-owned subsidiary MSW Solutions Ltd. The go-to-motion blends enterprise field sales to government buyers with selective direct-to-customer waste collection services for bulk waste generators in urban municipalities. The group is led by Executive Chairman A. Ayodhya Rami Reddy, appointed in June 2014, and ownership appears concentrated with founders/promoters with no public listing or disclosed institutional investors.

Short descriptiontext

Ramky Group is a Hyderabad-headquartered private infrastructure holding company providing civil construction, environmental services, and waste management under Public Private Partnership models to state and municipal government customers across 55 locations in India plus UAE and Singapore offices.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersHyderabad, India
HQ citystring
Hyderabad
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
infrastructure development, waste management services, public private partnerships, civil engineering, environmental engineering
Industry2 codes
1Real Assets — Social Infrastructure / PPP (Schools, Hospitals, Government Facilities)
CodeFSAHAIAHPrimaryYes
2Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds)
CodeEUAMAAADPrimaryNo
NAICS code3 codes
  • Utility System Construction2371
  • Land Subdivision2372
  • Land Subdivision237210
SIC code3 codes
  • General Bldg Contractors - Nonresidential Bldgs1540
  • General Bldg Contractors - Residential Bldgs1520
  • Water Supply4941
Product category
Infrastructure and Waste Management Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Infrastructure and Construction Services
TypeOne Time License
Description

Large-scale infrastructure construction and development projects including commercial, residential, public, institutional buildings, mass housing, hospitals, and schools. Between April 2002 and Dec 2011, completed 90 building construction projects.

ramky.com
2Waste Management Contracts
TypeManaged Services
Description

Long-term municipal waste management service contracts secured through government tender processes, typically spanning 30 years. Revenue generated from tipping fees and waste processing services to municipal corporations.

timesofindia.indiatimes.com
3Environmental Management Services
TypeManaged Services
Description

Specialized environmental and waste management infrastructure services with emphasis on PPP projects across multiple locations in India and internationally.

ramky.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 7 records shown
1Ramky Infrastructure Limited
Description

Infrastructure and civil engineering projects, Public Private Partnership projects

ramky.com
+6 more records
Core offering1 text field

Ramky Group is a multi-disciplinary infrastructure organization that develops civil, environmental, and waste management projects with a focus on Public Private Partnership (PPP) contracts. It operates through subsidiaries delivering building construction, integrated solid waste management, environmental engineering, real estate/township development, and pharmaceutical infrastructure services. Its core revenue-generating offerings are long-term municipal waste management contracts (such as the Rs 39,437 crore, 30-year Bengaluru ISWM contract) and large-scale building/infrastructure construction projects.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Completed 90 building construction projects between April 2002 and December 2011
+1 more record
Product overview1 text field

Ramky Group is a specialist multi-disciplinary organization with a turnover of more than Rs.4,500 crores, operating as a holding company with multiple subsidiary brands. The group focuses on Civil, Environmental and Waste Management infrastructure with emphasis on Public Private Partnership (PPP) projects. The portfolio includes Ramky Infrastructure Limited (civil/infrastructure), Ramky Enviro Engineers Limited (waste management and environmental solutions), Ramky Estates and Farms Limited (real estate/development including Ramky Discovery City township), Ramky Pharmacity India Limited (pharmaceutical infrastructure), Smilax Laboratories Limited (life sciences/pharmaceuticals), and Ramky Foundation (CSR activities). The group has presence in 55 locations across India with branch offices in UAE and Singapore.

Product and service1 record
1Integrated Solid Waste Management Services
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeOthers
Description

Delhi-based MSW Solutions Ltd is a wholly owned subsidiary of Ramky Group. This subsidiary was awarded the Rs 39,437 crore Bengaluru Integrated Solid Waste Management contract for 30 years, covering both North and South packages.

Strategic tierCoreTypeOthers
Description

Group company focused on infrastructure development. Website subsidiary showcasing civil engineering and infrastructure projects.

Strategic tierCoreTypeOthers
Description

Group company specializing in environmental engineering solutions.

Strategic tierMinorTypeOthers
Description

Group company focused on real estate and agricultural land development.

Strategic tierMinorTypeOthers
Description

Corporate Social Responsibility arm of Ramky Group, established in 2006. Focus areas include natural resource management, women empowerment, and education.

Strategic tierMinorTypeOthers
Description

Group company in life sciences sector.

7Ramky Pharmacity India Limited
Strategic tierMinorTypeOthers
Description

Group company focused on pharmaceutical infrastructure and development.

ramky.com
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

India-listed municipal solid waste management company providing collection, transportation, processing, and disposal services to urban local bodies. Directly comparable to Ramky Enviro in business model, customer base (municipal corporations), and contract structure (long-term concessions).

TypeDirect peer
Description

Indian environmental infrastructure services company operating in solid waste management, water, and renewable energy on PPP/contract models with municipal and state clients. Direct overlap with Ramky Enviro Engineers and the broader group's PPP-led environmental infrastructure focus.

3JUSCO (Jamshedpur Utilities & Services Company)
TypeDirect peer
Description

Tata-group utility services company providing integrated municipal services including waste management, water, and civil infrastructure to urban local bodies and industrial clients. Comparable in environmental services scope and municipal PPP delivery model.

TypeDirect peer
Description

Indian infrastructure company executing water supply, sewerage, waste management, and irrigation projects on EPC and PPP bases for state and municipal governments. Comparable in PPP-led environmental and civil infrastructure delivery to municipal clients.

TypeDirect peer
Description

Major Indian infrastructure and construction company executing large-scale civil, hydro, transportation, and PPP projects. Comparable in civil infrastructure execution and PPP project delivery to Ramky Infrastructure Limited.

TypeDirect peer
Description

Indian construction and infrastructure company with significant exposure to buildings, water, roads, and PPP projects for government clients. Comparable in diversified civil and infrastructure EPC/PPP business mix to Ramky Infrastructure.

TypeDirect peer
Description

Indian infrastructure conglomerate with significant PPP concessions in airports, energy, roads, and urban infrastructure. Comparable in operating large, long-duration PPP concessions and infrastructure development at multi-vertical scale.

TypeBroad incumbent
Description

Large diversified EPC and infrastructure company executing urban infrastructure, transportation, water, and industrial projects in India. Comparable in scale and PPP execution capability, though broader portfolio than Ramky's environmental/civil focus.

TypeBroad incumbent
Description

India's largest construction and infrastructure conglomerate with a dominant EPC and PPP business across buildings, transportation, water, and environmental projects. Comparable in civil/environmental infrastructure execution but far larger and more diversified than Ramky.

TypeBroad incumbent
Description

Large Indian infrastructure company with PPP concessions in roads, metro, power, and municipal services including waste management. Comparable in PPP-led infrastructure and urban services exposure, though operating at significantly larger scale.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries6 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ramky Group

Infrastructure and Waste Management Servicesramky.com

Ramky Group is a Hyderabad-headquartered private infrastructure holding company providing civil construction, environmental services, and waste management under Public Private Partnership models to state and municipal government customers across 55 locations in India plus UAE and Singapore offices.

What Ramky Group does

Ramky Group is a Hyderabad-headquartered, privately-held multi-disciplinary infrastructure holding company, founded in the mid-1990s, that operates across civil construction, environmental services, waste management, real estate, pharmaceutical infrastructure, and life sciences through a portfolio of wholly-owned subsidiaries. The group reports turnover exceeding Rs. 4,500 crores and maintains an operational presence across 55 locations in India plus branch offices in the UAE and Singapore. Its primary customers are state governments and municipal corporations responsible for public infrastructure and waste management, with named engagements including the Bengaluru Municipal Corporation (BBMP), Greater Chennai Corporation, the Telangana Government, and the Karnataka Government.

The group's portfolio is organized around operating subsidiaries: Ramky Infrastructure Limited executes civil engineering and Public Private Partnership (PPP) projects; Ramky Enviro Engineers Limited delivers environmental and waste management infrastructure; Ramky Estates and Farms Limited, with the Ramky Discovery City sub-brand, develops integrated townships; Ramky Pharmacity India Limited and Smilax Laboratories Limited cover pharmaceutical and life sciences infrastructure; and Ramky Foundation (established 2006) executes CSR programs in natural resource management, women empowerment, and education. The group has completed 90 building construction projects between April 2002 and December 2011 spanning commercial, residential, public, institutional, and corporate buildings, mass housing, hospitals, and schools.

Revenue is generated predominantly through competitive government tenders for long-term PPP and managed-service contracts, typically 30-year durations with annual escalation clauses; pricing is undisclosed and determined through competitive bidding. The largest contract on record is the Rs. 39,437 crore, 30-year Bengaluru Integrated Solid Waste Management contract awarded to its wholly-owned subsidiary MSW Solutions Ltd. The go-to-motion blends enterprise field sales to government buyers with selective direct-to-customer waste collection services for bulk waste generators in urban municipalities. The group is led by Executive Chairman A. Ayodhya Rami Reddy, appointed in June 2014, and ownership appears concentrated with founders/promoters with no public listing or disclosed institutional investors.

Ramky Group firmographics

Firmographics
Name
Ramky Group
Legal name
Ramky Group
Website
https://ramky.com
Company type
Private
Founded year
1990
Operating status
Operating
Headcount range
11–50 employees
Short description
Ramky Group is a Hyderabad-headquartered private infrastructure holding company providing civil construction, environmental services, and waste management under Public Private Partnership models to state and municipal government customers across 55 locations in India plus UAE and Singapore offices.
Ownership category
akta.pro rank

Ramky Group industry classification

Industry
Product category
Infrastructure and Waste Management Services
NAICS
Utility System Construction (2371), Land Subdivision (2372), Land Subdivision (237210)
SIC
General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Water Supply (4941)
akta.pro primary industry
Real Assets — Social Infrastructure / PPP (Schools, Hospitals, Government Facilities) (FSAHAIAH)
akta.pro secondary industry
Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD)

Keywords

  • Infrastructure development
  • Waste management services
  • Public private partnerships
  • Civil engineering
  • Environmental engineering

Where Ramky Group is headquartered

Location

Headquarters

HQ city
Hyderabad
HQ country
India
HQ region
Asia

Offices4 records

Markets served

Ramky Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Infrastructure and Construction Services: Large-scale infrastructure construction and development projects including commercial, residential, public, institutional buildings, mass housing, hospitals, and schools. Between April 2002 and Dec 2011, completed 90 building construction projects.
  2. Waste Management Contracts: Long-term municipal waste management service contracts secured through government tender processes, typically spanning 30 years. Revenue generated from tipping fees and waste processing services to municipal corporations.
  3. Environmental Management Services: Specialized environmental and waste management infrastructure services with emphasis on PPP projects across multiple locations in India and internationally.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Ramky Group product offering

Product offering

Core offering

Ramky Group is a multi-disciplinary infrastructure organization that develops civil, environmental, and waste management projects with a focus on Public Private Partnership (PPP) contracts. It operates through subsidiaries delivering building construction, integrated solid waste management, environmental engineering, real estate/township development, and pharmaceutical infrastructure services. Its core revenue-generating offerings are long-term municipal waste management contracts (such as the Rs 39,437 crore, 30-year Bengaluru ISWM contract) and large-scale building/infrastructure construction projects.

Product overview

Ramky Group is a specialist multi-disciplinary organization with a turnover of more than Rs.4,500 crores, operating as a holding company with multiple subsidiary brands. The group focuses on Civil, Environmental and Waste Management infrastructure with emphasis on Public Private Partnership (PPP) projects. The portfolio includes Ramky Infrastructure Limited (civil/infrastructure), Ramky Enviro Engineers Limited (waste management and environmental solutions), Ramky Estates and Farms Limited (real estate/development including Ramky Discovery City township), Ramky Pharmacity India Limited (pharmaceutical infrastructure), Smilax Laboratories Limited (life sciences/pharmaceuticals), and Ramky Foundation (CSR activities). The group has presence in 55 locations across India with branch offices in UAE and Singapore.

Differentiator

Problem solved

Functional benefit

Brands

  • Ramky Infrastructure Limited: Infrastructure and civil engineering projects, Public Private Partnership projects
  • Ramky Enviro Engineers Limited
  • Ramky Estates and Farms Limited
  • Ramky Discovery City
  • Ramky Pharmacity India Limited
  • Smilax Laboratories Limited
  • Ramky Foundation

Products and services

  • Integrated Solid Waste Management Services

Quantifiable outcome

  • Completed 90 building construction projects between April 2002 and December 2011
  • +1 more outcomes

Companies that use Ramky Group

Customer profile

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Ramky Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Ramky Group partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

  • MSW Solutions LtdcoreOthersDelhi-based MSW Solutions Ltd is a wholly owned subsidiary of Ramky Group. This subsidiary was awarded the Rs 39,437 crore Bengaluru Integrated Solid Waste Management contract for 30 years, covering both North and South packages.
  • Ramky Infrastructure LimitedcoreOthersGroup company focused on infrastructure development. Website subsidiary showcasing civil engineering and infrastructure projects.
  • Ramky Enviro Engineers LimitedcoreOthersGroup company specializing in environmental engineering solutions.
  • Ramky Estates and Farms LimitedminorOthersGroup company focused on real estate and agricultural land development.
  • Ramky FoundationminorOthersCorporate Social Responsibility arm of Ramky Group, established in 2006. Focus areas include natural resource management, women empowerment, and education.
  • Smilax Laboratories LimitedminorOthersGroup company in life sciences sector.
  • Ramky Pharmacity India LimitedminorOthersGroup company focused on pharmaceutical infrastructure and development.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Ramky Group competitors and assessment

Company assessment

Direct peers

  • Antony Waste Handling Cell Limited: India-listed municipal solid waste management company providing collection, transportation, processing, and disposal services to urban local bodies. Directly comparable to Ramky Enviro in business model, customer base (municipal corporations), and contract structure (long-term concessions).
  • IL&FS Environment Infrastructure Services: Indian environmental infrastructure services company operating in solid waste management, water, and renewable energy on PPP/contract models with municipal and state clients. Direct overlap with Ramky Enviro Engineers and the broader group's PPP-led environmental infrastructure focus.
  • JUSCO (Jamshedpur Utilities & Services Company): Tata-group utility services company providing integrated municipal services including waste management, water, and civil infrastructure to urban local bodies and industrial clients. Comparable in environmental services scope and municipal PPP delivery model.
  • SPML Infra Limited: Indian infrastructure company executing water supply, sewerage, waste management, and irrigation projects on EPC and PPP bases for state and municipal governments. Comparable in PPP-led environmental and civil infrastructure delivery to municipal clients.
  • Hindustan Construction Company (HCC): Major Indian infrastructure and construction company executing large-scale civil, hydro, transportation, and PPP projects. Comparable in civil infrastructure execution and PPP project delivery to Ramky Infrastructure Limited.
  • NCC Limited (Nagarjuna Construction): Indian construction and infrastructure company with significant exposure to buildings, water, roads, and PPP projects for government clients. Comparable in diversified civil and infrastructure EPC/PPP business mix to Ramky Infrastructure.
  • GMR Group: Indian infrastructure conglomerate with significant PPP concessions in airports, energy, roads, and urban infrastructure. Comparable in operating large, long-duration PPP concessions and infrastructure development at multi-vertical scale.

Broad incumbents

  • Tata Projects Limited: Large diversified EPC and infrastructure company executing urban infrastructure, transportation, water, and industrial projects in India. Comparable in scale and PPP execution capability, though broader portfolio than Ramky's environmental/civil focus.
  • Larsen & Toubro (L&T) Construction: India's largest construction and infrastructure conglomerate with a dominant EPC and PPP business across buildings, transportation, water, and environmental projects. Comparable in civil/environmental infrastructure execution but far larger and more diversified than Ramky.
  • Reliance Infrastructure Limited: Large Indian infrastructure company with PPP concessions in roads, metro, power, and municipal services including waste management. Comparable in PPP-led infrastructure and urban services exposure, though operating at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Ramky Group social profiles

Digital presence

Ramky Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ramky Group leadership team

Management profile

Number of profiles

Profiles1 record

Ramky Group subsidiaries and ownership

Company hierarchy

Subsidiaries6 records

Ramky Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ramky Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ramky Group

What does Ramky Group do?

Ramky Group is a multi-disciplinary infrastructure organization that develops civil, environmental, and waste management projects with a focus on Public Private Partnership (PPP) contracts. It operates through subsidiaries delivering building construction, integrated solid waste management, environmental engineering, real estate/township development, and pharmaceutical infrastructure services. Its core revenue-generating offerings are long-term municipal waste management contracts (such as the Rs 39,437 crore, 30-year Bengaluru ISWM contract) and large-scale building/infrastructure construction projects.

Is Ramky Group a public or private company?

Ramky Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Ramky Group founded?

Ramky Group was founded in 1990. It employs 11 to 50 people.

Where is Ramky Group based?

Ramky Group is headquartered in Hyderabad, India, in the Asia region.

How does Ramky Group make money?

Three revenue lines are on record. Infrastructure and Construction Services are the primary driver. The others are waste Management Contracts and environmental Management Services.

Who are Ramky Group's main competitors?

Direct peers on record are Antony Waste Handling Cell Limited, IL&FS Environment Infrastructure Services, JUSCO (Jamshedpur Utilities & Services Company), SPML Infra Limited, Hindustan Construction Company (HCC), NCC Limited (Nagarjuna Construction) and GMR Group. Broad incumbents are Tata Projects Limited, Larsen & Toubro (L&T) Construction and Reliance Infrastructure Limited.

Does Ramky Group have an API?

No public API is recorded for Ramky Group.

What industry is Ramky Group in?

Ramky Group's product category is Infrastructure and Waste Management Services. Its primary akta.pro industry code is FSAHAIAH, Real Assets — Social Infrastructure / PPP (Schools, Hospitals, Government Facilities), with a secondary code of EUAMAAAD, Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds). Its NAICS code is 2371 and its SIC code is 1540.

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Live signals
PRLogRamky Eminent Rajendra Nagar Hyderabad – Contemporary Apartments for a Comfortable LifestyleRamky Group has released promotional details for Ramky Eminent, a residential apartment project located in Rajendra Nagar, Hyderabad. The development features contemporary architectural designs with spacious interiors and lifestyle-oriented amenities aimed at modern homebuyers. The project highlights its strategic location offering connectivity to key business hubs like HITEC City and the Financial District.The Times of IndiaTrash and tender trouble: What’s fuelling Rs 39,000-crore controversy in Bengaluru | Bengaluru News - The Times of IndiaBengaluru's proposed overhaul of its solid waste management system has triggered a major political controversy, with opposition leader R Ashoka filing complaints with the Lokayukta and governor on June 10 alleging large-scale irregularities, kickbacks worth Rs 10,000 crore, and manipulation in the tender process for a Rs 39,437 crore, 30-year contract. The contract has been awarded to Delhi-based MSW Solutions Ltd, a wholly owned subsidiary of Hyderabad-based Ramky Group, with both packages awarded at rates approximately 19% above originally approved estimates, despite formal objections from the finance department. Chief minister DK Shivakumar has countered by alleging that Ashoka is operating on behalf of the "garbage mafia," while Union minister Shobha Karandlaje has separately demanded the tender be suspended and a CBI inquiry ordered.The Times of IndiaBJP alleges ₹39,000-cr scam in waste management tender process in Bengaluru, seeks probe | Bengaluru News - The Times of IndiaBJP opposition leader R Ashoka alleged a Rs 39,000 crore scam in Bengaluru's Integrated Solid Waste Management (ISWM) tender process, accusing the Congress-led Karnataka government of corruption and manipulated tender conditions. The contract was allegedly awarded to MSW Solutions Limited, reportedly linked to Ramky Group, after key eligibility conditions were relaxed and the tipping fee escalated from Rs 260 to Rs 2,400 per tonne—a 950% increase. BJP submitted complaints to the Governor and Lokayukta seeking an independent investigation, claiming the project would burden taxpayers beyond Rs 39,000 crore over 30 years.The HinduBJP lodges complaint with Governor, Lokayukta over garbage tenders in BengaluruBJP Leader of Opposition R. Ashok lodged a complaint with Karnataka Governor Thaawarchand Gehlot and the Karnataka Lokayukta on Wednesday, alleging a ₹39,000 crore scam in Bengaluru's Integrated Solid Waste Management (ISWM) tenders. The same firm, Delhi MSW Solutions Limited (linked to Ramky Group), reportedly bagged both North and South package contracts for 30 years, with the tipping fee allegedly increasing 950% from ₹260 to ₹2,400 per tonne despite Finance Department objections being overruled. The BJP has demanded an independent, time-bound inquiry into the tender process conducted by Bengaluru Solid Waste Management Ltd (BSWML), also claiming Ramky Group was previously blacklisted by the World Bank.Deccan HeraldKarnataka govt ignores red flags, clears Rs 39,437 crore garbage deal for BengaluruThe Karnataka government, led by Chief Minister Siddaramaiah, has approved two mega solid waste management contracts worth Rs 39,437 crore for Bengaluru, awarded to Delhi MSW Solutions Ltd (a sister concern of Hyderabad-based Ramky Group) for 30 years. The Finance department raised four major objections, including cost escalations of Rs 6,389 crore over initial estimates and a 5% annual escalation clause projected to increase rates by 430%, but the Cabinet proceeded with approval despite the warnings. The Chief Minister has not yet signed the proceedings.The Times of IndiaTreat CSR funding as partnership for social development: Revanth to corporates | Hyderabad News - The Times of IndiaTelangana Chief Minister A. Revanth Reddy called on the corporate sector to treat CSR funding as a partnership with the state government for social development rather than as mere expenditure, during a meeting with representatives of various companies. The CM announced that a special chief secretary has been appointed to coordinate CSR fund utilization across priority areas including education, healthcare, and water conservation. Several companies including Raheja Group (₹50 crore), Ramky Group (₹50 crore), and Yashoda Foundation (₹10 crore) have already committed funds toward education sector development in Hyderabad.The Times of IndiaUnion Carbide waste disposal: Protests rock Pithampur, two attempt self-immolation - The Economic TimesTwo men attempted self-immolation during protests in Pithampur, Madhya Pradesh, on Friday against the planned disposal of 337 tonnes of hazardous waste from Union Carbide's Bhopal factory, which was linked to the 1984 gas tragedy that killed at least 5,479 persons. The Madhya Pradesh High Court had set a four-week deadline for shifting the waste after rebuking authorities for inaction, and the material is now being incinerated at Ramky Group's Industrial Waste Management facility in Pithampur. District authorities have urged calm while heavy police deployment maintains order, with Chief Minister Mohan Yadav asserting the waste is "not at all harmful."