As per reports, the governments of India and the United Arab Emirates (UAE) are planning to launch a portal that will help ships get clearances before docking at ports that are part of the India–Middle […]
Bharti Airtel has acquired another 1 per cent stake in Indus Towers Limited for an undisclosed sum via an all-cash block deal. As per the NSE filing, the telco has boosted its stake in Indus […]
ESR Group has acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai. The park now spans 107 acres with a development potential of 2.5 million […]
Power Finance Corporation Limited (PFC) has signed an agreement with the Chenab Valley Power Project Private Limited (CVPPPL) for a term loan of Rs 18.69 billion. As per the agreement, the loan will be used […]
The government has asked the central bank to exempt sovereign funds from a recent set of tightened rules concerning investments in alternate investment funds (AIFs). This is in regard of rules proposed by the central […]
Neilsoft, a focused engineering services and software solutions (ER and D) provider servicing global customers in the AEC/construction, manufacturing and industrial plants segments, on June 21, 2024 announced the launch of its SaaS solution for […]
Jindal Stainless, India’s largest stainless steel manufacturer, recently supplied stainless steel to manufacture 100 ‘Made in India’ freight wagons, are being exported to Mozambique. These wagons made up of grade IRSM 44 stainless steel, specially […]
Ambuja Cements Limited and Associated Cement Companies (ACC) Limited, the cement and building material companies of the diversified Adani Portfolio, are excited to unveil their commitment towards innovation that will redefine the construction landscape through […]
Mr. Manoj Jain took charge as the Chairman and Managing Director of Navratna Defence PSU Bharat Electronics Limited (BEL) on June 20, 2024. He was Director (R&D) since September 26, 2022, and was also assigned […]
Western Railway has commissioned its first Gati Shakti multimodal cargo terminal in partnership with Shirpur Power Private Limited for the Mumbai division at Nardana in Maharashtra. This will facilitate more sustainable mode, higher efficiency of […]
The Ministry of New and Renewable Energy (MNRE) has released the operational guidelines for the implementation of the PM Surya Ghar: Muft Bijli Yojana, focusing on the central financial assistance (CFA) to residential consumers component. […]
The Bihar Cabinet approved metro rail services in four cities including Muzaffarpur, Gaya, Darbhanga, and Bhagalpur on June 20, 2024. The feasibility reports for these projects will be prepared soon followed by the finalisation of […]
South Central Railway (SCR) is planning to redevelop the Rajahmundry railway station at an estimated cost of Rs 2.5 billion. The project involves major upgradation of Rajahmundry railway station. The redeveloped station will be designed […]
The government of Telangana plans to lay the foundation for the Regional Ring Road (RRR) in Hyderabad in October 2024, with expansion works on the Hyderabad-Vijayawada highway set to begin in December 2024. The target […]
In a notable development, Indian Oil Corporation Limited (IOCL) and GPS Renewables Private Limited have formed a joint venture (JV) for setting up compressed biogas (CBG) projects. Both IOCL and GPS Renewables will have a […]
Yama Constructions LLP has won a contract worth Rs 806.54 million for development of water supply scheme (WSS) in Mirik, West Bengal under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0. Bids for […]
Nine Indian ports have made it to the global top 100 rankings in the 2023 edition of the Container Port Performance Index (CPPI). Developed by World Bank and S&P Global Market Intelligence, the CPPI measures […]
OpenFlows helped save $1.5 million in annual operating costs and eliminate 347 tonnes of carbon emissions Establishing City-wide Access to Clean Water To provide continuous drinking water to emerging economies throughout the country, the government […]
On June 19, 2024, the Union Cabinet approved the expansion plan for the Lal Bahadur Shastri International Airport at Varanasi, Uttar Pradesh. It entails an investment of around Rs 28.7 billion. Developments include the construction […]
On June 19, 2024, the Union Cabinet approved the development of an all-weather deep-water port at Vadhavan near Dahanu in Maharashtra. With an investment of Rs 762 billion, the project will create a cumulative capacity of […]
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