Indus Towers’ board has approved the acquisition of telecom assets from Bharti Airtel and Bharti Hexacom for up to Rs 33.08 billion through a slump sale. The transaction comprises the acquisition of passive infrastructure assets/ […]
The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned a loan worth Rs 20 billion to Gramercy Techpark Private Limited to develop a 120 MW data centre at Mahape, Mumbai. The data centre […]
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25 per cent. This is the first rate cut in nearly five years, since 2020, amid slowing growth projections. […]
The Municipal Corporation of Greater Mumbai has allocated funds for various water supply and sewerage projects in Mumbai under the budget 2025-26. These are: Project works Funds allocated (Rs million) Design and construction of tertiary treated […]
The Uttar Pradesh Cabinet has recently approved the formation of an inland waterways authority to enhance water transport and promote tourism in the state. Additionally, the cabinet has enacted the ‘Uttar Pradesh Waterways Authority Rules-2025’ […]
The National Highways Authority of India (NHAI)-sponsored National Highways Infrastructure Trust (NHIT) is likely to raise over Rs 200 billion from local and foreign investors in order to acquire 11 operational road assets. Further, these […]
The Airports Authority of India (AAI) has completed the airspace design and flight procedures for the upcoming Navi Mumbai International Airport in Maharashtra and the Noida International Airport in Uttar Pradesh. The procedures are designed […]
Cube Highways Infrastructure Investment Trust (InvIT) has entered into a share purchase agreements (SPA) with the National Investment and Infrastructure Fund Limited (NIIF) for the acquisition of two road assets valued at Rs 41.84 billion. […]
TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited, has inaugurated its 4.3 GW solar cell and module manufacturing facility in Tirunelveli, Tamil Nadu. The facility, India’s largest single-location solar manufacturing […]
Various testing procedures across encompassing signaling, traction, track, rolling stock and electrical systems departments are underway for the Motijheel-Kanpur Central stretch under the Kanpur metro rail project phase I. Besides, other crucial tests such as […]
The Uttar Pradesh Jal Nigam has decided to lay new water supply pipelines from Ganga Barrage in Kanpur, Uttar Pradesh. Currently, the trial has commenced by excavating the site to lay a parallel line. The […]
Northeast Frontier Railway (NFR) has achieved cumulative freight loading of 8.67 million tonnes (mt) during 2024-25 (till January 2025), an increase of 3.8 per cent over corresponding period of the last year. This includes 0.94 […]
The Municipal Corporation of Greater Mumbai (MCGM) allocated funds for various road projects in Maharashtra on February 4, 2024. Versova-Dahisar Link Road (Mumbai Coastal Road Project Phase ll): Around Rs 40 billion has been allocated […]
As per reports, six national waterways (NW) in Odisha have been found feasible for cargo and passenger transport following consultations with the government of Odisha on the basis of the techno-economic feasibility study and the detailed […]
Dedicated Freight Corridor (DFC) achieved an average of 391 train operations per day in January 2025. This includes an average of 209 trains per day on the Eastern DFC (EDFC) and 182 trains per day […]
The Telecom Regulatory Authority of India (TRAI) has issued recommendations on ‘Revision of National Numbering Plan’. Telecommunication Identifiers (TIs)/numbering resources are used to uniquely identify a telecom user, service, network elements, equipment, or an authorised […]
The Ministry of Railways (MoR) has planned to revise the divisional jurisdiction under the proposed South Coast Railway (SCoR) zone, retaining the Waltair division in a truncated form and renaming it as the Visakhapatnam division. […]
The government of Telangana has planned to invest in development of the Seli Hydro Electric Project (HEP) and the Miyar HEP in Himachal Pradesh. Further, the Telangana government submitted a letter expressing interest and requested […]
Under the Union Budget 2025-26, state-wise funds have been allocated to develop railways infrastructure. These fund allocations include: State Funds allocated (Rs billion) Maharashtra 237.78 Uttar Pradesh 198.58 Madhya Pradesh 147.38 West Bengal 139.55 Odisha […]
JSW Infrastructure is planning to invest Rs 150 billion over the next three years, primarily in ports’ development. Additionally, the company plans to invest Rs 90 billion over five years in logistics. The company anticipates […]
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