Lulu Group unveils ₹14,000-cr investment plans in India
Mahindra Logistics unveils multi-client warehouse in Bhiwandi
Mahindra Logistics has unveiled state-of-the-art warehouse in Bhiwandi, near Mumbai. This facility spans an expansive 6.5 lakh square feet, allowing the company to provide flexible and scalable fulfilment and integrated distribution solutions.The new
PM GatiShakti approves road and railways projects worth Rs 52,000-cr
As part of the PMGatiShakti initiative, a total of six big ticket infrastructure projects, covering roads and railways, requiring an investment of Rs 52,000 crore, have been approved. The NPG meeting has reviewed these project proposals. The first project proposal
Green initiatives in construction will make the country carbon neutral by 2070: Gadkari
Union Minister for Road Transport and Highways Nitin Gadkari said green initiatives in construction sector will make the country carbon neutral by 2070. Disposal of solid waste generated on daily basis is the major environmental challenge being faced
Noida-Ghaziabad metro rail link back on track
The gap between the RapidX corridor in Ghaziabad, and the metro’s Blue and Red lines will finally be bridged with the Ghaziabad Development Authority (GDA) deciding to revive the Noida Electronic City-Sahibabad metro line, a proposal that had been
Railways inks Indo-Russian JV to make Vande Bharat Trains
The Indian Railways has signed a supply contract with the Indo-Russian joint venture (JV), Kinet Railway Solutions, for the production of Vande Bharat Trains. The deal involves the manufacturing of 120 Vande Bharat trains, along with maintenance services
STPL to build Rs 2,092-cr highway project in Gujarat
Samakhiali Tollway Private Limited, a special purpose vehicle of IRB Infrastructure Developers, will execute the Samakhiyali-Santalpur highway project in Gujarat, with an investment of Rs 2,092 crore under the Build Operate and Transfer (BOT) model. STPL
India to tie up with global patient funds for huge infra investment
Close on the heels of an agreement between UK-India Infrastructure Financing Bridge, the City of London Corporation and Niti Aayog, India is currently negotiating with Saudi Arabian and Australian authorities to seek active exposure of their sovereign wealth
AMNS India unveils Rs 60,000-cr expansion in Hazira steel plant
AMNS India's Hazira expansion project, involving an investment of Rs 60,000 crore, is set to be commissioned by 2026, informs Lakshmi N Mittal, Executive Chairman of ArcelorMittal. Prior to this, AMNS India had announced plans to invest the targeted
Govt targets Rs 60,000-cr for new home loans subsidy
The Union Government is planning to introduce a Rs 60,000 crore new home loan subsidy scheme for homebuyers. Under this scheme, an annual interest subsidy between 3 to 6.5% will be provided on loans up to Rs 9 lakh. The scheme is likely to benefit
SMP-SPL seals multimodal transport route deal
The Syama Prasad Mookerjee Port in Kolkata has signed an agreement with Saif Powertec Ltd (SPL) in Bangladesh to promote a new multimodal transport route, connecting the riverine port with northeast India via Chattogram, Mongla Ports, and Pangaon
MMRDA awards Thane metro rail depot's contract
The Mumbai Metropolitan Region Development Authority (MMRDA) has appointed a contractor for the construction of the Mogharpada Depot in Thane, which will serve Metro Routes 4 and 4A. These routes connect Wadala to Gaimukh with stops at Ghatkopar
RVNL wins Rs 811-cr contract for central railways tunnel project
RVNL has bagged the contract for constructing tunnels with a ballastless track, bridges, and track linking on the Dharakhoh-Maramjhiri section, valued at Rs 811 crores. This project is in connection with the 3rd line expansion of the Dharakhoh-Maramjhiri
Chhattisgarh CM launches 7,300 development works
Chhattisgarh Chief Minister Bhupesh Baghel virtually inaugurated and laid the foundation stones for a total of 7,300 development projects valued at Rs 6,080 crore across 26 districts in the state. The inauguration included 3,978 completed works worth
Chennai aims to repair 500 roads ahead of northeast monsoon
The Greater Chennai Corporation is on a mission to repair 500 roads across the city before the onset of the Northeast monsoon, providing relief to residents in areas like Manapakkam, Mugalivakkam, Ramapuram, Porur, and Madipakkam, which have been
Mumbai-Thane metro project advances with depot construction & track laying
The Mumbai Metropolitan Region Development Authority (MMRDA) has taken significant steps forward in the Metro 4 and 4A project connecting Mumbai to Thane and its suburbs. Contractors have been appointed for the construction of the depot at
Vishnu Prakash R Punglia wins Rs 634.41-cr MP Jal Nigam Water Supply Project
Vishnu Prakash R Punglia Limited has secured a Letter of Award from the Office of Madhya Pradesh Jal Nigam, a Government of Madhya Pradesh undertaking in Bhopal. The awarded project, valued at Rs 634.41 crores, encompasses the Engineering, Procurement
World of Concrete India 2023 to be held from 18th Oct in Mumbai
The 9th edition of the World of Concrete India (WOCI) show will be held from October 18th to 20th in Mumbai. The Asia's largest renewable energy event will bring together more than 10,000 industry professionals and 200+ global exhibitors. It will showcase a wide
Sarai Kale Khan RapidX Station to host multilevel complex
A large multi-level commercial complex featuring retail spaces, offices, and hotels will be constructed above the Sarai Kale Khan RapidX station. This station is the biggest in the network, with four tracks and five platforms, and offers over 50,000 square
RVNL secures L1-bid for tunnels construction in Dharakoh Maramjhiri section
Rail Vikas Nigam Limited (RVNL) has been declared the lowest bidder (L1) by Central Railways for the construction of tunnels in Dharakoh Maramjhiri section. The estimated cost of the project is Rs 311.17 crore, and expected to be completed within 18 months
MP govt invites bids for Smart Industrial Township in MP
Madhya Pradesh State Industrial Development Corporation (MPSIDC) has invited tender for the development of Smart Industrial Township Ratlam in Ratlam district of Madhya Pradesh. The estimated value of the contract is Rs 306.57 crore
