Union Cabinet Approves ₹12,343 Cr Rail Projects in Six States

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

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) will create a base map and an existing land use map for newly merged mandals, covering about 2,456 sq km. These maps will serve as a foundation for the master

The Shramik Sanjeevini Yojana provided medical treatment to 18,379 construction workers in Dharwad district last year. The scheme operates mobile treatment centers, offering free healthcare at construction sites, workers' colonies

The Ministry of Road Transport & Highways is working to enhance safety on National Highways (NHs) by identifying and rectifying accident-prone black spots. So far, 13,795 such locations have been identified, with short-term safety

Fujairah Natural Resources Corporation (FNRC) has awarded Earth Movers International the contract to construct a new asphalt road in the Al Tawyeen region. The project aims to enhance infrastructure and connectivity

Pune-based Kolte-Patil Developers has signed a joint development agreement for a residential and mixed-use project in Wadgaon Khurd on Sinhagad Road, Pune. Spread over 22 acres, the project offers a total saleable area of approximately

Since April 2014, India has constructed and developed 1,01,900 km of National Highways (NHs), marking a 130% increase in annual highway construction compared to the previous decade. Currently, 1,366 highway projects spanning 32,366 km

According to CareEdge Ratings, National Highway Hybrid Annuity Model (NH HAM) projects worth up to INR 1 trillion are facing severe delays, which are impacting the construction pace. Earlier, CareEdge Ratings has forecasted a nearly

The National Highways Authority of India (NHAI) has launched a pilot project using Automated & Intelligent Machine-aided Construction (AIMC) technology on the Lucknow-Kanpur Greenfield Expressway. The project employs GPS-aided motor graders