Larsen & Toubro (L&T) Energy CarbonLite Solutions has received a limited notice to proceed (LNTP) from NTPC Limited to set up thermal power plants in Madhya Pradesh and Bihar. The order includes the main plant […]
The Tata Group has reportedly completed the merger of Air India and Vistara, to create a full-service carrier under the Air India brand. The merger marks a significant milestone and completes the Air India Group’s […]
East Central Railway has prepared the detailed project report (DPR) for the Mansi-Saharsa railway line doubling project. The same is expected to be submitted to the Railway Board soon. The project involves doubling of the […]
The Ministry of Road Transport and Highways (MoRTH) has initiated plans for a 335 km expressway linking Bengaluru and Mangaluru, aiming to reduce travel time between the cities by 7 to 8 hours. In July […]
The Ministry of Housing and Urban Affairs (MoHUA) has received proposals for various Mass Rapid Transit System (MRTS) networks in Ambala, Ambala Cantonment, Yamunanagar, and Jagadhri. The projects involve the development of MRTS networks in […]
Rail Vikas Nigam Limited is expected to commence track installation work for the Rishikesh-Karanprayag new rail line project. Besides, the project is expected to be completed by December 2026. The project involves laying of a […]
The construction work on the Digha and Kankarbagh Sewage Treatment Plants (STPs) projects under the National Mission of Clean Ganga is likely to be completed by December 2025. Currently, 48 and 46 per cent of […]
The construction work of the redevelopment of the Bhubaneswar railway station project is expected to be completed by December 2025. The project involves a major upgradation of the Bhubaneswar railway station in Odisha.
Power Grid Corporation of India Limited (Powergrid) has acquired Bikaner B Power Transmission Limited (BBPTL), a special purpose vehicle to establish “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-3:6 GW) [Bikaner Complex]: […]
The construction of a 72 km section of the Bengaluru-Chennai Expressway within Karnataka has been completed. Implemented by the National Highways Authority of India (NHAI), this expressway segment connects seamlessly with the 82 km Satellite […]
The Trichy International Airport, Tamil Nadu recently witnessed the operationalisation of a modern inline baggage handling system (ILBHS). The facility worth Rs 980 million was introduced by the Airports Authority of India (AAI), aiming to […]
The National Capital Region (NCR) is poised for a significant transportation enhancement with the upcoming Regional Rapid Transit System (RRTS), which will connect Gurugram and Greater Noida. Spanning 60-kilometre, the corridor will link Rajiv Chowk […]
The construction work of the Dedicated Test Track for Research Design and Standards Organisation (RDSO) is expected to be completed by December 2025. This project involves development of a 59 km long test track between […]
Indian Railway (IR) has achieved total freight loading of 131 million tonnes during October 2024, an increase of 1.5 per cent over the freight loading in October 2023. Further, during 2024-25 (till October 2024), it […]
Vizhinjam Port handled a record throughput of more than 0.1 million twenty-foot equivalents units (TEUs) of container and welcomed 46 ships during the past four months. The trial operations of the port began in July […]
Power Grid Corporation of India Limited (Powergrid) has acquired two special purpose vehicles (SPVs), Barmer I Transmission Limited and Khavda PS1 and 3 Transmission Limited from PFC Consulting Limited. Barmer I Transmission Limited involves the […]
Larsen and Toubro (L&T) has entered into a share purchase agreement to acquire a 21 per cent stake in E2E Networks for Rs 14.07 billion. The move will enable the company to increase its significance […]
Alta Capital has acquired warehouse assets of 2.5 million sq. ft from Indospace for Rs 8.4 billion. The deal comprises of Grade A warehouses in Pune and Chennai. The acquisition will expand Alta Capital’s portfolio […]
The Asian Development Bank (ADB) has signed a loan worth Rs 16.8 billion to Uttarakhand to upgrade water supply, sanitation, mobility, and other urban services. The project aims to build climate and environmental risk-resilient infrastructure. […]
The government has announced that a new credit guarantee scheme will soon be introduced in the cabinet, enabling micro, small, and medium enterprises (MSMEs) to access collateral-free loans of up to Rs 1 billion. The […]
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