News

The Cabinet Committee on Economic Affairs has approved the development of a state-of-the-art ship repair facility at Vadinar, Gujarat, on May 5, 2026. With an investment of Rs 15.7 billion, the project will be jointly implemented […]

Defence Ministry signs Rs 14.76 billion deal with BEL for ground-based electronic systems

The Ministry of Defence signed a contract worth Rs 14.76 billion with Bharat Electronics Limited (BEL) for the procurement of five ground-based mobile electronic systems (GBMES) for the Indian Army. The systems will have a […]

NHSRCL launches five 1,360 mt portal beams at Amdavad-Vadodara rail section at Maninagar in Ahmedabad, Gujarat

National High Speed Rail Corporation Limited (NHSRCL) has launched five 1,360 mt portal beams in Amdavad-Vadodara section at Maninagar in Ahmedabad, Gujarat for the Mumbai-Ahmedabad High-Speed Rail (HSR) Corridor Project. The launching sequence was executed […]

KKR-backed Vertis Infra Trust eyes Rs 30 billion IPO

KKR-backed Vertis Infra Trust is set to file its Draft Red Herring Prospectus (DRHP) for an initial public offering (IPO) worth up to Rs 30 billion in May 2026. The trust aims to raise fresh […]

NTPC declares commercial operation of 100 MW at Ramagundam solar project

NTPC Limited has declared commercial operation of 100 MW out of 176 MW capacity of its solar photo voltaic project at Ramagundam, Telangana. The commissioning follows successful completion of project works. With this, the total […]

Cabinet approves two semiconductor manufacturing units with cumulative investment of Rs 39.36 billion

The Union Cabinet has approved two more semiconductor projects under India Semiconductor Mission (ISM) which includes country’s first commercial mini/micro-LED display facility based on Gallium Nitride (GaN) technology and a semiconductor packaging facility. The two […]

Centre approves Rs 239.93 billion for Hyderabad North regional ring road

The Hyderabad Regional Ring Road’s northern stretch has been approved with a budget of Rs 239.95 billion, after a long delay. Prior to this, the initial budget estimate for the 161 km long stretch was […]

Ministry of Railways approves Madhukunda-Damodar Bridge Strengthening Project in West Bengal

Ministry of Railways (MoR) approved construction of bridge no. 520 UP Down (DN) (substructure) between Madhukunda-Damodar section at a cost of Rs 2.23 billion on May 2, 2026. This section is a key railway link […]

Ceigall-SAM JV wins LoA for civil construction contract for Jaipur Metro Rail Project Phase II

Joint venture (JV) of Ceigall India Limited and Sam India Builtwell Private Limited received letter of award (LoA) worth Rs 9,180.4 million for design and construction of elevated viaduct and ten elevated stations viz. Prahladpura, […]

Adani Ports register 15 per cent cargo growth in April 2026

Adani Ports and Special Economic Zone (APSEZ) reported a robust operational performance in April 2026, handling 43.1 million metric tonnes (mmt) of cargo, marking a 15 per cent year-on-year increase. The growth was driven primarily […]

Vi Movies and TV expands into microdrama segment, in collaboration with Bullet Microdrama app

Vi Movies and TV, the content aggregator platform from Vodafone Idea Limited (Vi) has announced its foray into the Microdrama category. Microdramas will be available on Vi Movies and TV for the first time in […]

Delhi Government approves Delhi Metro Project Phase VB

The Government of Delhi approved the Delhi Metro Project Phase VB on May 2, 2026. The project will span 97.16 km, with 65 stations across seven corridors in total entailing investment of Rs 482.05 billion. […]

PPPAC grants in-principle approval for six railway projects in Odisha, Telangana and Jharkhand

The Public Private Partnership Appraisal Committee (PPPAC) has granted in-principle approval to the Ministry of Railways (MoR) for six railway projects in the states of Odisha, Telangana and Jharkhand, covering 640 km at an estimated […]

Ministry of Power revises local content norms for HVDC substations

The Ministry of Power has tightened local content requirements for high voltage direct current (HVDC) transmission systems under the public procurement preference to Make in India framework. The revised order introduces a phased minimum local […]

Coal India secures LoA from GRIDCO for 320 MWh BESS project in Odisha

Coal India Limited has received a letter of award (LoA) from GRIDCO Limited for setting up a 320 MWh battery energy storage system (BESS) project in Odisha. The project will have a capacity of 80 […]

BSNL Kerala deploys 6,979 indigenous 4G sites across state