MSRDC Starts Work on 136km Metro Line from Virar to Alibaug
The Maharashtra State Road Development Corporation (MSRDC) is investigating the feasibility of a 136km metro rail project connecting Virar to Alibaug, marking a significant shift in focus towards mass transit. Part of the Virar-Alibaug
Godrej Properties Acquires 12.5 Acres in Hyderabad
Godrej Properties (GPL) has procured approximately 12.5 acres of land in Rajendra Nagar, Hyderabad, aiming to develop around 4 million sq ft of saleable area, primarily comprising residential apartments. The estimated revenue potential from
Colliers to Construct Infibeam's AI and Technology Hub in Ahmedabad
Colliers has secured a significant assignment to construct Infibeam Avenues' Artificial Intelligence and Technology Extension Hub in Ahmedabad. The project, an extension of Infibeam's AI hub in GIFT City, Gujarat, is slated to be completed
NHSRCL Signs Contract for Thane Rolling Stock Depot Construction
The National High Speed Rail Corporation Limited (NHSRCL) has inked a contract agreement with M/s DINESHCHANDRA- DMRC JV for the Design and Construction of the Thane Rolling Stock Depot in Maharashtra. The agreement, signed in the
Kennametal Reports 12.8% Increase in Profit Before Tax for Q2 FY24
Kennametal India Limited (KIL) has released its second-quarter FY24 results, indicating a slight decrease in sales by 1.5% compared to the same period last year, amounting to ₹2,708 Mn. However, Profit Before Tax (PBT) saw a notable increase
Cube Highways Trust Declares ₹2 Distribution Per Unit for Q3 FY24
Cube Highways Trust (BSE/NSE: CUBEINVIT), managed by Cube Highways Fund Advisors Pvt. Ltd., has announced its financial results for the nine-month period ending December 31, 2023. The total consolidated income for the period amounted to
Gadkari Announces ₹2,378.72 Cr for Arunachal Frontier Highway
Union Minister Nitin Gadkari has disclosed the sanctioning of ₹2,378.72 crore for constructing two sections of the frontier highway, spanning 93 kilometers in Arunachal Pradesh. Aimed at enhancing connectivity to border areas and driving
PM Modi to Inaugurate New Metro Route in Old Gurugram
Prime Minister Narendra Modi will lay the foundation stone of the new Metro route from Millennium City Centre to Cyber City in Old Gurugram on February 16. Alongside inaugurating AIIMS in Bhalkhi Majra, Rewari, PM Modi will initiate the Metro
Indo-Japan Intellectual Conclave explores Northeast India's potential
The fourth edition of the India-Japan Intellectual Conclave, themed "North East India, Bangladesh, and the Bay of Bengal Region in the Indo-Pacific: The Way Forward," was held in Shillong, organized by the Asian Confluence in collaboration
Uttar Pradesh to Roll Out ₹10 Lakh Cr Worth of Projects
Uttar Pradesh gears up for the Ground Breaking Ceremony (GBC) 4.0, scheduled for February 19 in Lucknow, with Prime Minister Narendra Modi in attendance. The ceremony will unveil MoUs worth ₹10 lakh crore, spanning 14,000 projects
Delhi to Jaipur in 2 Hrs; Electric Bus Service Planned on Expressway
Union Road Transport and Highways Minister Nitin Gadkari announced plans to introduce electric bus services on the Delhi-Mumbai Express National Highway, aiming to cover the distance from Delhi to Jaipur in two hours, with fares 30%
Tunnel Road Project to Ease Bengaluru Traffic: Gehlot
Karnataka Governor Thawarchand Gehlot addressed the state Legislature, emphasizing the government's focus on reducing traffic congestion in Bengaluru. He revealed plans for a tunnel road within the Bruhat Bengaluru Mahanagara Palike
India-Bangladesh to Launch Trial Vessel Movement to Boost Connectivity
India and Bangladesh are poised to inaugurate the first trial movement of vessels between Maia Port in India and Sultanganj Port in Bangladesh, advancing trade and connectivity efforts. The initiative, supported by Minister of State
PM Modi Unveils ₹7300 Cr Development Projects in Jhabua, MP
Prime Minister Narendra Modi dedicated to the nation and laid the foundation stone for multiple development projects worth about ₹7300 crores in Jhabua, Madhya Pradesh. These projects aim to benefit the significant tribal population
Highway Construction Falls Short of Target Despite Record Capex
Highway construction has slowed down during the current fiscal year, achieving only 45% of its target of 13,800 km, according to a report in LiveMint. Despite the Union government allocating a record ₹2.16 trillion capex in the first nine
Strategic Frontier Highway in Arunachal Pradesh Gets ₹6,000 Cr Boost
In line with the government's focus on bolstering connectivity in border regions, the Ministry of Road Transport and Highways has earmarked approximately ₹6,000 crore for 11 different packages of the strategic Frontier Highway
NITI Aayog Plans Economic Transformation for Four Cities
NITI Aayog, under the leadership of CEO BVR Subrahmanyam, has laid out a comprehensive plan for the economic transformation of Mumbai, Surat, Varanasi, and Vizag. The objective is to propel India towards becoming a developed economy
Centre Clears 43 Projects in Eco-sensitive Zones in 5 Years
Union Minister Ashwini Choubey informed the Rajya Sabha that the Centre has granted environmental clearance to more than 80% of the proposals for "projects and activities" in the eco-sensitive zones of the country over the last five
DoNER Ministry Approves ₹716 Cr Infrastructure Projects for Tripura
Tripura Chief Minister Manik Saha has announced that the Ministry of DoNER (Ministry of Development of North Eastern Region) has given the green light to five infrastructure projects in the state, totaling ₹716 crore.
Centre Fast-tracks Land Acquisition for Vadhavan Port-Connected Highway
In a bid to expedite the launch of a project, the Centre issued a gazette notification last week, appointing sub-divisional officers and a relief and rehabilitation officer for land acquisition concerning a 32 km greenfield highway.
NHAI Makes Record Concession Value of ₹15,624.90Cr in InvIT Round-3
The National Highways Authority of India (NHAI) has set a new milestone by raising the highest-ever concession value of Rs. 15,624.90 Crore through 'InvIT Round-3'. This achievement comes from monetizing 10 stretches totaling approximately
Union Cabinet Approves ₹12,343 Cr Rail Projects in Six States
The Union Cabinet, chaired by Prime Minister Narendra Modi, has greenlit six railway projects totaling ₹12,343 crore. These projects aim to expand the Indian Railways network by 1,020 kilometers across Rajasthan, Assam, Telangana, Gujarat
Uttar Pradesh Government Initiates Solar City Project in 17 Cities
Uttar Pradesh government has announced plans to convert 17 major cities, including Ayodhya and Varanasi, into solar cities as part of its initiative to promote solar energy adoption. This aims to replicate the model in the form of solar
Portion of Elevated Gokalpuri Metro Station Collapses
A portion of a wall at the Gokulpuri Metro Station in northeast Delhi collapsed, resulting in the loss of life of a 53-year-old man and injuries to four others. The incident occurred on Thursday, prompting immediate response from authorities.
Meraqi Releases Landowner Guide for Bengaluru JDA of Realty Projects
Meraqi, a prominent real estate research, advisory, and transaction firm, has introduced the "Landowner’s Guide for a Joint Development Agreement for Residential and Commercial Projects in Bengaluru," addressing the evolving landscape of the
Gadkari Stresses Decentralization & Quality in Road Infra Development
The Union Minister for Road Transport and Highways, Shri Nitin Gadkari, underscored the importance of decentralization and quality in achieving success in road projects. Speaking at the "National Highways Excellence Awards (NHEA)" program
UPMRC Reveals Bidders for Agra Metro Package
The Uttar Pradesh Metro Rail Corporation (UPMRC) disclosed the bidders for Package AGCC-05 of the Agra Metro's Line 1, covering a stretch from Sikandra to Khandari Ramp. The package entails the design and construction of an elevated viaduct
NITI Aayog & Netherlands Embassy Release Report on LNG Transport Fuel
NITI Aayog and the Embassy of the Kingdom of the Netherlands unveiled a report titled ‘LNG as a Transportation Fuel in Medium and Heavy Commercial Vehicles’ at India Energy Week. The report is the first outcome of their collaborative
Tata Steel Partners with SER for Sustainable Rail Infrastructure
Tata Steel has partnered with South Eastern Railway (SER) to develop eco-friendly rail infrastructure using slag-based aggregates. The initiative aims to promote sustainability and conserve the environment. SER General Manager Anil Kumar
Sam India Builtwell emerges as L1 bidder for Metro 6 depot in Mumbai
The Mumbai Metropolitan Region Development Authority (MMRDA) is gearing up to commence construction on the depot for Line 6 before the onset of the monsoon season. Following the opening of financial bids, Sam India Builtwell emerged
