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  • [ May 5, 2026 ] Towards a Smarter Grid: Digital initiatives to make the distribution system more intelligent and resilient Power
  • [ May 5, 2026 ] Ramping Up: Maharashtra takes initiatives to meet its long-term renewables targets Power
  • [ May 5, 2026 ] Centre approves Rs 239.93 billion for Hyderabad North regional ring road   Roads and Bridges
  • [ May 5, 2026 ] Ministry of Railways approves Madhukunda-Damodar Bridge Strengthening Project in West Bengal Railways
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  • [ May 4, 2026 ] Ministry of Power revises local content norms for HVDC substations Power
Home2023July

Month: July 2023

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Railways

IR to overhaul signalling system in the next six years

July 13, 2023

IR plans to make the signalling system along its network electronic over the next six years in a bid to avoid train accidents. The mission to make the entire signalling network electronic is expected to […]

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Roads and Bridges

State sanctions funds for road development under CRIDP in Tamil Nadu

July 13, 2023

The Government of Tamil Nadu (GoTN) has sanctioned funds worth Rs 60.33 billion for road development projects under Comprehensive Road Infrastructure Development Programme (CRIDP) in 2023-24. State is taking up 200 km of four-laning and […]

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Roads and Bridges

About 29 per cent work completed on Byculla Cable Stayed Bridge Project

July 13, 2023

About 29 per cent of work has been completed on the Byculla Cable Stayed Bridge Project and is expected to be finished by July 31, 2024. The project involves construction of 0.916 km four lane […]

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Power

Foundation stone laid for projects worth over Rs 243 billion in Bikaner, Rajasthan

July 13, 2023

The Prime Minister has laid the foundation stone for development projects worth over Rs 243 billion in Bikaner, Rajasthan. The projects include Phase-I of the inter-state transmission line for green energy corridor worth Rs 109.5 […]

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Mergers & Acquisitions

Airtel acquires additional 20.6 per cent stake in Lavelle Networks

July 12, 2023

Bharti Airtel has acquired an additional 20.6 per cent stake in Lavelle Networks, a Bangalore-based software-defined wide area network (SD-WAN) startup. With this, the telco’s total ownership will increase to 45.6 per cent in the […]

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Equity Moves

Investcorp makes a second round of investment in NDR Warehousing

July 12, 2023

Investcorp Group has made a second investment in warehouse development and operations platform, NDR Warehousing Private Limited. In addition to its previous investment in the warehousing platform’s $55-million round, the firm has now signed a […]

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Urban Infrastructure

UPMRC commences trial run on elevated portion of Agra Metro Phase I

July 12, 2023

Uttar Pradesh Metro Rail Corporation (UPMRC) commenced trial runs (train testing) on 2.3 km elevated portion on Taj East Gate-Fatehabad section of the Agra Metro Rail Project-Phase I on July 11, 2023. The Agra metro […]

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Urban Infrastructure

Odisha’s Katamal, Boudh, Harbhanga blocks may get piped water supply soon

July 12, 2023

Kantamal and Boudh blocks under the Boudh Mega Water Supply Scheme (WSS) in Odisha are likely to get piped water supply by September 2023 while Harbhanga block in the district is likely to get piped […]

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Urban Infrastructure

3 STPs in Chandigarh may get upgraded by September 2023

July 12, 2023

The upgradation work on three sewage treatment plants (STP) in Chandigarh is targeted to be completed by September 2023. About 15 to 20 per cent of the construction work has been completed on the projects. […]

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Oil and Gas

Five firms submit bids for exploration and production of 10 oil and gas blocks under OALP- VIII

July 12, 2023

A total of five firms have submitted bids for exploration and development of 10 oil and gas blocks under the eighth round of Open Acreage Licensing Policy. These include Oil and Natural Gas Corporation Limited […]

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Ports & Shipping

MSA Global Logistics Private Limited launches CFS in Hazira, Gujarat

July 12, 2023

MSA Global Logistics Private Limited has announced the inauguration of its third state-of-the-art container freight station (CFS) facility, named Sarman Ports Private Limited in Hazira, Surat, Gujarat. It will cater to the primary, secondary and […]

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Ports & Shipping

APSEZ successfully implements 5S workplace management system methodology

July 12, 2023

Adani Ports and Special Economic Zone (APSEZ) have successfully implemented the 5S workplace management system methodology. It has implemented the 5S methodology at Adani Kandla Bulk Terminal Private Limited in Tuna, Marine Infrastructure Developer Private […]

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Railways

IR registers decline in freight loading for June 2023

July 12, 2023

During the April-June period of 2023-24, Indian Railways (IR) freight loading stood at 383.72 million tonnes (mt), an increase of approximately 1.14 per cent over the corresponding period in 2022-23 (279.41 mt). The cumulative freight […]

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Aviation

Asia’s first demonstration of GAGAN satellite technology conducted for helicopters in India

July 12, 2023

Asia’s first demonstration of performance-based navigation for helicopters has been conducted in India. The GPS-aided geo augmented navigation (GAGAN) satellite technology was used in a flight from Mumbai to Pune. GAGAN ensures higher quality of […]

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Power

Central government approves power transmission projects worth Rs 754.08 billion

July 12, 2023

The central government has approved Rs 754.08 billion worth of power transmission projects, making it the largest tranche, so far, under the tariff-based competitive bidding route. In June 2023, the National Committee on Transmission, convened […]

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Bonds/ Debentures

PFC plans to raise Rs 100 billion through NCDs

July 12, 2023

Power Finance Corporation (PFC) Limited is planning to raise Rs 100 billion through non-convertible debentures (NCDs) and has filed a draft prospectus for it. The public issue of secured, rated, listed, redeemable NCDs with a […]

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Equity Moves

Akasa Air eyes $75 million to $100 million via fresh equity

July 10, 2023

Akasa Air seeks to raise $75 million to $100 million by offering fresh shares in order to expand its business. The airline will use these funds to make aircraft pre-delivery payments. Akasa ordered 72 Boeing […]

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Sanctions/ Grants

Tamil Nadu sanctions funds for road development under CRIDP in Tamil Nadu

July 9, 2023

The Government of Tamil Nadu (GoTN) has sanctioned funds worth Rs 60.33 billion for road development projects under Comprehensive Road Infrastructure Development Programme (CRIDP) in 2023-24. The state is taking up 200 km of four-laning […]

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Policy

SEBI revises IPO listing time, tightens disclosure norms for FPIs, approves other proposals

July 9, 2023

The Securities and Exchange Board of India (SEBI) has approved a proposal to reduce the time period for listing shares for initial public offerings (IPOs) from the date of issue closure (T Day) to three […]

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Aviation

Eight security lanes added at international terminal of Chhatrapati Shivaji Maharaj International Airport

July 8, 2023

The Chhatrapati Shivaji Maharaj International Airport in Mumbai has expanded its security check facility and the international terminal building along with the addition of eight security lanes. A brand new domestic to domestic transfer facility […]

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