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Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh sharesLloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share s...- Northeast’s rise under PM Modi is one of India’s biggest success stories: Sarbananda SonowalThe Northeast region of India has transformed into a major economic growth hub; significant investments in infrastructure, digital connecti...
- China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
- Dharavi project to follow Singapore and Hong Kong housing development model: Devendra FadnavisMumbai's Dharavi Redevelopment Project will mirror Singapore and Hong Kong's modern housing. The first phase aims for completion by March 2...
- Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homesDharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai s...
- JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...
- 'Tell Adani, Ambani, to help India', says Congress leader V Hanumantha Rao; labels PM's 'spend less' slogan as post-election lectureCongress leader V Hanumantha Rao criticizes Prime Minister Narendra Modi's appeals for citizens to reduce fuel and gold consumption. Telang...
- Indian Railways cuts SUV mass transport rates by 33%According to officials aware of the matter, the new rates for transporting SUVs is 33% lower than the existing charges for moving large pas...
- RLDA to soon invite RFP for redevelopment of New Delhi Railway stationThe authority conducted a stakeholder engagement meeting where nine qualified, global and national leading companies, including Arabian Con...
- Adani to merge rail operations in single companyBillionaire industrialist Gautam Adani is set to consolidate all rail assets under a single entity, which will remove duplication and build...
- NCLT approves APSEZ's composite scheme to acquire Sarguja Rail CorridorAPSEZ's composite scheme to acquire SRCPL has been approved by the NCLT and will be effective from the appointed date of April 1, 2021. APS...
- Railway ministry to seek Cabinet nod for user development feeThe notification, which is expected by the end of this month, will fast track the development of New Delhi and Mumbai’s CSMT station for wh...
- Ten firms, including Adani group co & GMR, submit bid to redevelop Mumbai’s CSMTAccording to IRSDC, pre-bid meeting had received good response from the industry and developers and fund houses are also interested in this...
- 16 firms show up at Indian Railways' pre-application conference on private trainsThe railway ministry, in a first of its kind initiative, is aiming to have private players operate passenger trains by April 2023. The init...
- Private companies to board redevelopment train to upgrade 150 railway stationsRailways is looking to have 151 high-speed private trains operational by 2023. As only a small number of passenger trains remain operationa...
- Adani Ports delivers 50 US-made GE locomotives to RailwaysAll 50 locomotives were manufactured by GE Electromotive Division in the US and imported to Mundra port.
- Adani Logistics, NYK arm form rail logistics JV for auto sectorAdani Logistics already has category 1 licence from the railway ministry which allows it to operate container trains on the broad-gauge net...
- Railways, 18 companies face probe for service tax evasionRailways and Concor along with a private company have even been slapped with a show-cause notice of Rs 700 crore by DGCEI.
- Australian govt may seek public opinion on Adani Group's rail projectThe department is looking at the Adani North Galilee Basin rail proposal to see whether it needs to be assessed under environment law.
- Railways invites EoIs for agri-retail shopsTo spruce up revenues, Indian Railways no longer goes for rate hikes, but talks deals-in retailing, luxury trains and even perfumed tickets...
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