(DRPPL), the Adani-backed company undertaking the ambitious plan of revamping Dharavi slums, is rebranding itself in line with the company's "promise of building a modern, inclusive and vibrant community," the firm said.DRPPL will now be called Navbharat Mega Developers Pvt. Ltd (NMDPL) in response to the holistic value proposition and renewal of its corporate vision, it said in a statement."The name Navbharat Mega Developers is rooted in the company's commitment to growth, change and hope and the rebranding exercise that has received the affirmation of its board of directors and the ministry of corporate affairs," it said.In DRPPL, Adani Group held an 80% stake and the government held the rest. Shareholding will remain unchanged in the new firm. PTI

Adani's DRPPL changes name

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.