K2 Infragen Limited has bagged a ₹142.14 crore contract for strengthening and maintenance of the Jetpur-Somnath road section in Gujarat. The project, spanning 123.4 km (excluding Junagarh Bypass, 103 km), falls under a Performance-Based Maintenance Contract (PBMC).
Awarded by NHAI to SRM Contractors Ltd., the contract will be executed by K2 Infragen Ltd., reinforcing its position as a key player in India’s infrastructure and EPC sectors.
Patel Engineering Limited has announced its financial results for Q3 FY25, reporting strong growth across key metrics. The company’s performance reflects its resilience and progress in hydropower, irrigation, and tunneling projects
State Urban Development and Housing Minister Nitin Nabin has approved ₹12.18 crore for the construction of a 1.7-km road in Transport Nagar, Kankarbagh, Patna. The project aims to renovate roads in the area, improving connectivity and
Delhi International Airport (DIAL) has submitted a ₹5,625 crore capital expenditure plan to the Airports Economic Regulatory Authority of India (AERA) for the five-year period ending FY29. The proposal will help AERA set tariffs and
Vishwa Samudra Engineering has secured the industrial township project in Agartala, Tripura, as the lowest bidder (L1) with a bid value of ₹1,034.04 crore. The project will be executed under the EPC mode.
Gurugram-based real estate developer Smartworld has committed contracts worth ₹1,400 crore across its projects in just six months. For its upcoming landmark project, Smartworld Sky Arc, the company awarded a
Alvarez & Marsal (A&M) India has appointed Saurav Kumar as Managing Director of its Infrastructure and Capital Projects practice. This move reinforces A&M’s commitment to supporting India’s fast-growing infrastructure sector
The Sagarmala programme, led by the Ministry of Ports, Shipping, and Waterways, aims to promote port-led development by leveraging India’s 7,500 km coastline, 14,500 km of navigable waterways, and strategic position on global
NBCC (India) has won contracts worth ₹272.33 crore for infrastructure development projects across multiple states. The company will undertake the planning, designing, and development of infrastructure facilities at the Central
The National Highways Authority of India (NHAI) has approved a 32.4-km service road from Khed-Shivapur to Ravet in Pune to ease congestion on the Mumbai-Bengaluru National Highway. The ₹604 crore, two-lane project is set to begin
Action Construction Equipment (ACE) posted its highest-ever quarterly revenue and profit in Q3 FY25, with total income rising 16.6% year-on-year. On ACE’s performance, Executive Director Sorab Agarwal shared that with a continued focus on
IRB Infrastructure Developers Ltd. and its Private InvIT associate, IRB Infrastructure Trust, recorded a robust 20% year-on-year growth in toll collection for January 2025. The total toll revenue stood at ₹5,597 million (₹560 crore)
India’s top six cities are witnessing a strong surge in office leasing and supply, setting new records year after year. Driven by evolving occupier preferences, gross leasing across these cities is projected to reach 65-70 million
Bakeri Group, one of India’s oldest real estate developers, and investment management firm Lumos Alternate have launched a ₹500 crore real estate investment platform, Sakar Realty Fund - I. The fund recently received SEBI’s final
The 8th edition of Bengal Global Business Summit (BGBS) 2025 brought together global leaders, policymakers, and industry experts to discuss investment opportunities and economic collaborations. At the summit, Mr. Brij Bhushan Agarwal
Kalpataru has signed agreements to redevelop two large housing societies in Mumbai—one in Suman Nagar, Chembur, and another in Goregaon. The projects, spanning 7.5 acres, will add over 1.5 million sq. ft. of development
Rail Vikas Nigam Ltd. (RVNL) has secured a ₹335.4 crore contract from South Western Railway, emerging as the lowest bidder. The project involves the survey, design, supply, installation, testing, and commissioning of Kavach equipment
India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing its position as a global leader in renewable energy. This achievement is a testament to the nation's commitment
The Cabinet, chaired by Prime Minister Narendra Modi, has approved the renaming of the truncated Waltair division as Vishakhapatnam division. The change aims to shed its colonial legacy while ensuring the region's administrative continuity.
The Production Linked Incentive (PLI) Scheme for specialty steel aims to attract investment and enhance value-added steel production in India. As a deregulated sector, investment and production decisions are driven by industry
