The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to double the investment limits for insurers in real estate investment trusts (REITs) and InvITs. Under the draft norms, the cap would be raised […]
The Ministry of Heavy Industries has launched a dedicated incentive scheme under the PM E-DRIVE initiative to promote adoption of electric trucks in the country. The scheme offers upfront incentives of up to Rs 960,000 […]
The Union Government inaugurated four new Amrit Bharat train services in Bihar on July 18, 2025. The new routes include Rajendra Nagar Terminal (Patna) to New Delhi, Bapudham Motihari to Delhi (Anand Vihar Terminal), Darbhanga […]
On July 18, 2025, the Indian Navy commissioned the first of the two diving support vessels, ‘Nistar’ at Visakhapatnam. Built by Hindustan Shipyard Limited (HSL) with more than 80 per cent indigenous content, the vessel […]
Ministry of New and Renewable Energy (MNRE) inaugurated the 435 MW Gorbea solar power project as developed by Zelestra India in Rajasthan. The project was commissioned in under eight months and spans 1,250 acres. It […]
Since the Ministry of Road Transport and Highways (MoRTH) implemented stricter bidding guidelines, the National Highways Authority of India (NHAI) has reported a slowdown in project awarding. As per HDFC Securities, new orders are being […]
The joint venture (JV) of Enviro Infra Engineers Limited and Altorapro Infrastructure Private Limited has won a contract worth Rs 3,950 million for the implementation of Ichalkaranji, Hatkanangale and Yadrav CETP Upgradation Project in Maharashtra. Bids […]
Bangalore Metro Rail Corporation Limited (BMRCL) has received the independent safety assessment (ISA) certification for the RV Road – Bommasandra stretch under the Bengaluru Metro Rail Phase II Project. The certificate is a prerequisite for […]
Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power Limited, has secured its first battery energy storage purchase agreement (BESPA) from NHPC Limited. The agreement includes a 30 MW/120 MWh standalone […]
Tunnel boring machine (TBM) S-1264B has achieved the first breakthrough at Tughlakabad Railway Colony station for package DC-07 under the Delhi Metro Phase IV Project. It was commissioned at Tughlakabad station in November 2024 and […]
Kalpataru Projects International Limited (KPIL), along with its international subsidiaries, has secured new orders worth approximately Rs 22.93 billion across its buildings and factories (B&F) business in India and the power transmission and distribution (T&D) […]
NITI Aayog has issued a request/ invitation for expression of interest (REoI) to conduct research on non-fare revenue (NFR) maximisation for Indian Railways (IR), with the objective of improving financial sustainability and reducing reliance on […]
Larsen & Toubro Limited (L&T) plans to invest Rs 10 billion in expanding its Katupalli (Kattupalli) shipbuilding complex near Chennai. The project is scheduled to begin in October 2025 and will span three years. Despite receiving […]
The Bangalore Metro Rail Corporation Limited (BMRCL) has signed a 13-year licence agreement with Advanced Communications and Electronics Systems Company (ACES) India Private Limited to implement and manage telecom infrastructure with the goal of improving […]
The Bangalore Metro Rail Corporation Limited (BMRCL) has signed a 13-year licence agreement with Advanced Communications and Electronics Systems Company (ACES) India Private Limited to implement and manage telecom infrastructure with the goal of improving […]
Reliance Power Limited’s board has approved enabling resolutions to raise up to Rs 60 billion through qualified institutions placement (QIP), follow-on public offer, or a combination of both. Additionally, the board has cleared the issuance […]
An open access fuel farm and aircraft refuelling facility was commissioned at the Thiruvananthapuram International Airport in Kerala. The facility has been developed by strategically acquiring assets from multiple oil marketing companies. The move is […]
Kottayam Port and Container Terminal (KPCT) is exploring a new inland waterways link with the Vizhinjam International Seaport in Kerala. This move is strongly backed by the government of Kerala and port authorities, and aims […]
The Ministry of Power (MoP) has launched the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme for Rs 10 billion to support micro, small, and medium enterprises (MSMEs) in adopting energy-efficient […]
The Cabinet Committee on Economic Affairs (CCEA) has approved increasing the investment limit of NTPC Green Energy Limited (NGEL) to invest up to Rs 200 billion from the earlier cap of Rs 75 billion. The […]
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