The National Investment and Infrastructure Fund (NIIF) has signed an MoU with the Japan Bank for International Cooperation (JBIC) to promote Japanese investments in India. The NIIF and JBIC are exploring the formation of a […]
Bank of America has extended approximately Rs 8 billion to ReNew Power in the first local project financing deal by the lender in the renewable energy sector. The five-year rupee-denominated green loan facility will help […]
Indus Towers has reportedly made a provision of Rs 17.71 billion towards doubtful debt in the second quarter of 2022-23, a sharp quarter-on-quarter rise of 43 per cent, as it is yet to receive payment […]
The central government has approved Rs 2.42 billion for power infrastructure projects, including the replacement of old transformers and Rs 4.67 billion for smart prepaid metering projects. The infrastructure works include replacement of older transformers […]
The Ministry of Finance has implemented the India Infrastructure Project Development Fund Scheme (IIPDF) to provide financial assistance for public-private partnership (PPP) projects. The scheme will aid in the development of quality PPP projects by […]
The central government has approved an amount of Rs 510.85 billion out of the Rs 1 trillion interest-free 50-year capex loans earmarked for 2022-23 to 18 states till September 2022. The beneficiary states are Bihar, Chhattisgarh, […]
The Uttar Pradesh government has inaugurated the Ganga Water Supply Project (Phase III) in Greater Noida. The project is being executed by the Greater Noida Industrial Development Authority in three phases with Phase III involving the […]
The Uttar Pradesh government has inaugurated a sewerage treatment plant at Manpur, Etah. The scope of work involved construction, erection, testing, including required survey and design work, commissioning, startup, operation and maintenance including monitoring and […]
Gujarat has achieved 100 per cent Har Ghar Jal status under the Jal Jeevan Mission. According to the government, the state has connected all villages (18,187) to the tap water supply. As a result of […]
The union cabinet has approved an MoU between India and Denmark for cooperation in water resource development and management. The areas of cooperation proposed include digitalisation and ease of information access, integrated and smart water […]
Delhi Metro Rail Corporation (DMRC) is likely to soon conduct the feasibility study for the Indore-Ujjain mass rapid transit system (MRTS). The result of the study will determine the mode of transport, which is likely […]
Bangalore Metro Rail Corporation Limited has commenced trial runs on the 3.5 km long Whitefield-Pattandur Agrahara stretch under Reach 1B of the Bengaluru Metro Rail Project – Phase II. The project involves the construction of […]
The electrification work for the entire 33.2 km Pune Metro Rail Project – Phase I has been completed. Phase I of the Pune metro project involves the development of a 33.28 km long metro rail […]
Yotta Infrastructure has launched north India’s first hyperscale data centre, Yotta D1, at the Greater Noida Data Centre Park with an investment of around Rs 15 billion. The data centre spans 300,000 square feet and […]
AdaniConneX has announced the opening of the Chennai 1 hyperscale data centre campus located at the SIPCOT IT Park, Chennai. In Phase I, the campus offers 17 MW IT load that will scale up to […]
Exotel has received a pan-India unified licence for virtual network operator (UL VNO), enabling it to offer cloud calling solutions to businesses across India. According to the company, the UL VNO licence will allow it […]
The government has reportedly cleared Bharat Sanchar Nigam Limited’s (BSNL) plan to sign a deal worth Rs 262.81 billion with Tata Consultancy Services (TCS) for rolling out the telco’s 4G network. As part of the […]
Bharti Airtel has launched Airtel 5G Plus services at the new Terminal 2 of the Kempegowda International Airport, Bengaluru, making it the first airport in India to get access to the 5G network. Airtel customers […]
Jio has introduced Jio True 5G-powered Wi-Fi services in high-footfall areas such as educational institutes, railway stations, bus stands and commercial hubs. Jio started JioTrue5G-powered Wi-Fi services in the temple town of Nathdwara in Rajasthan.
Reliance Jio has extended the Jio True-5G reach across Bengaluru and Hyderabad, after the successful beta launch of Jio True-5G services in six cities. As per the telco, Jio users are experiencing speeds between 500 […]
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