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India joins elite heavy-haul railway club, targets lower logistical costs: DFCCIL MDIndia now operates heavy-haul freight railways, joining a select global group. The nation is adopting advanced technologies and global best...
US Development FinCrop to invest $1.5 billion in Indo-Pacific energy platform, eyes South Asia buildoutThe US International Development Finance Corporation is investing $1.5 billion in a new energy platform for the Indo-Pacific. This major pr...
India's commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: CrisilIndia's commercial vehicle sector is set for a record year in fiscal 2027, reaching 12.4 lakh units. Growth is expected to settle at 5-6 pe...
US backs a South Africa project to extract rare earths despite a diplomatic clashA U.S.-backed project in South Africa aims to extract rare earth elements from industrial mining waste, a move supported by a $50 million i...
Western dedicated freight corridor completesIndia's second Dedicated Freight Corridor, the Western DFC, is now complete. A successful trial run on the Jawaharlal Nehru Port Terminal t...
Adani Ports shares in focus as co withdraws $553 million US loan for Sri Lanka terminalAdani Ports and Special Economic Zone (APSEZ) shares will remain in focus after the company withdrew its $553 million loan request from the...
Adani Ports drops $553 million US loan for Sri Lanka terminal, opts for internal fundingAdani Ports and Special Economic Zone (APSEZ) has withdrawn its $553 million loan request from the US Development Finance Corporation for t...
Vastu Housing Finance looking to raise up to $50 million from US IDFCAffordable housing finance provider Vastu Housing Finance Corporation is looking to raise up to $50 million from United States Internationa...
NeoGrowth raises $20 million via ECBs from DFCUS International Development Finance Corporation (DFC) is America’s development finance institution. DFC partners with the private sector t...
Orb Energy raises $20 million loan from USIDCOrb Energy has been operational since 2006. The company manufactures its own range of solar panels, designs, installs, and services solar s...
US Development Finance Corporation chief to visit India to boost vaccine manufacturingIn Hyderabad, the delegation will visit the offices of the Indian vaccine manufacturer Biological E and participate in a signing ceremony t...
Indifi secures $5 million from IndusInd BankIndifi has forayed into the pharma segment and will be extending its credit line solution to retailers - especially pharma distributors and...
Northern Arc raises $50 mn from American development bank to scale up lending to microfinance firmsMicrofinance lenders, especially the smaller ones, are facing difficulty in raising resources from banks, which have turned ultra-cautious ...
US financial body to invest USD 54 mn in India to support critical infrastructure projectsIndia is one of the fastest growing countries in the previous three decades, but it suffers from a significant infrastructure deficit, hold...
Centre unlikely to release additional funds to Delhi civic bodiesHome Ministry cited the 'failure' of AAP Government to implement the report of 4th Delhi Finance Commission.
Mayors threaten to file contempt petition against AAP governmentEast Delhi mayor Harshdeep Malhotra claimed that Delhi government owed around Rs 450 crore to EDMC under the 3rd DFC.
Delhi government to yield on corporation funds if it gets central shareIt must also direct police to refrain from framing or enforcing regulations that impede implementation of the municipal laws.
Eastern freight corridor section to be operational this fiscalRailways is constructing 3360-km-long track comprising both Eastern and Western corridors for exclusive movement of freight trains.
- 27 level crossings to be eliminated in 625 km DFC route
DFC is to be commissioned without any level crossings along the route to make it faster and seamless movement of freight trains.
DFCCIL to award 7K cr contract on Western Corridor this monthThe contract, part of 1,483 km long Western Dedicated Freight Corridor (DFC), will be country's single largest railway contract.