The subsidiary has been incorporated with an initial authorised share capital of Rs 1,000,000 and paid-up share capital of Rs 500,000, interalia, to carry on business to develop, erect, and operate coal washery including coal […]
Wadia Group is in discussions with strategic partners to either sell a majority stake in loss-making budget airline Go First or exit it completely. Go First incurred its largest annual loss in 2021-22 and has […]
The government of Delhi has approved sewer line laying project in 11 unauthorised colonies of Sangam Vihar’s Ambedkar Nagar and Deoli. The project is aimed at treating wastewater entering the Yamuna river. The project involves […]
In a notable development, Indian Railways (IR) has registered a record revenue of Rs 2.40 trillion for 2022-23. This is an increase of nearly Rs 490 billion as compared to the revenue of 2021-22 reflecting a growth of 25 per cent. The freight […]
Delhi-Amritsar-Katra Six Lane Expressway is expected to open for public use by May 2024. The project involves four laning of the 670 km long Delhi-Amritsar-Ludhiana-Katra greenfield expressway via Jind, Barnala and Moga in Delhi, […]
CPP Investments and Ontario Municipal Employees Retirement System (OMERS) are planning to invest over Rs 43 billion ($526 million) in IndInfravit, an Indian infrastructure investment trust (InvIT) majority owned by them. This funding is linked […]
Private equity and infrastructure investment firms are competing to acquire nine highway projects put on the block by the Macquarie Group. Cube Highways, Sekura Infrastructure Fund of Edelweiss Group, and private equity firms including Actis […]
Jakson Green has announced that it is building a green hydrogen fueling station in Badarpur, New Delhi for a major Indian power firm. The green hydrogen fueling station entails the construction of a specialised and […]
NTPC Limited has decided to issue unsecured non-convertible debentures (NCDs) of Rs 30 billion on April 17, 2023, through a private placement at a coupon of 7.35 per cent per annum for a tenor of […]
It’s a wrap to our 4th conference on Railway Station Redevelopment and Modernisation! Some snapshots from the event… We thank all our speakers, delegates and sponsors for making this conference a huge success. Karun […]
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