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FLAGSHIP INFRA PROJECT
Blackstone-backed AirTrunk to invest $30 billion in India, develop 5 GW data centre capacity by 2030AirTrunk plans a massive investment of over 3 lakh crore rupees in India by 2030. This will develop more than 5 gigawatts of digital infras...
Cabinet clears Rs 33,660-crore BHAVYA scheme to build 100 industrial parks, boost manufacturing pushThe Union Cabinet has approved a ₹33,660-crore scheme to establish 100 plug-and-play industrial parks nationwide, aiming to boost manufactu...
Nitin Gadkari & Himanta Biswa Sarma review progress of key infrastructure projects in AssamAssam Chief Minister Himanta Biswa Sarma met with Union Minister Nitin Gadkari to discuss the progress of key infrastructure projects in As...
Neo Infrastructure Income Opportunities Fund to acquire two road assets for Rs 1,500 croreThe Neo Infrastructure Income Opportunities Fund (NIIOF) has agreed to acquire two operational road assets from CDS Infra Projects for Rs 1...
IHC Capital's arm sells Adani Enterprises shares for Rs 1,832 croreAbu Dhabi-based IHC Capital Holding on Wednesday sold more than 84 lakh shares of Adani Enterprises for Rs 1,832 crore through open market ...
Adani Infra seeks CCI nod to buy stake in PSP projectsAdani Infra, owned by Adani Enterprises, seeks CCI approval to acquire 30.07% of PSP Projects for ₹685 crore, with an additional 26% from p...
Infra.Market secures Rs 1,050-cr in pre-IPO round; prepares to list on boursesTechnology-enabled building materials platform Infra.Market has secured Rs 1,050 crore in its pre-IPO funding round as it is gearing up for...
Adani Infra seeks CCI clearance to acquire majority stake in PSP ProjectsGautam Adani-led Adani Infra seeks CCI approval to acquire a majority stake in PSP Projects via an equity share purchase. Post-acquisition,...
Adani Infra to buy 30% stake in PSP Projects for $81 millionAdani Infra, owned by Gautam Adani's flagship company, is set to acquire a 30.07% stake in PSP Projects for $81.2 million. The deal will be...
India committed to working closely with Maldives govt for speedy implementation of flagship infra project: High CommissionIndia has pledged to work closely with the Maldives government to expedite the implementation of the Male to Thilafushi link project, the l...
NCLT approves amalgamation, arrangement between JP Infra (Mumbai) entitiesThe scheme of amalgamation and arrangement between JP Infra (Mumbai) and its affiliated entities Four D Estates, Four D Buildspace and JP I...
Agri ministry asks banks to promote Rs 1 lakh cr Agriculture Infrastructure Fund"This one month-long campaign (from July 15 to August 15) with a target of Rs 7,200 crore was launched through video conference attended by...
KEC International bags orders worth Rs 1,065 crore"We are particularly enthused by the order in Railways, which further consolidates our leadership in the conventional Railway segment. The ...
Finance Ministry invites entries for new DFI's name, logo"@FinMinIndia in association with @mygovindia is announcing a contest to crowdsource the name, tagline and logo of the new Development Fina...
Covid deepens Indian infra sector's troubles, flagship projects among casualties“At present everything is in a state of pandemonium,” Hemant Kanoria, chairman of Srei Infrastructure Finance Ltd. in Kolkata, said, while ...
- Man Industries promoters resolve feud by splitting businesses
The feud between the Mansukhani brothers got resolved with the company board agreeing to divide the businesses between the siblings by spin...
- Era Infra achieves financial closure for Rs 1,951 cr UP road project
Engineering firm Era Infra on Wednesday said it has achieved financial closure for Rs 1,951 crore Bareilly-Sitapur road project in Uttar Pr...
- Kalpataru to raise Rs 1,000-cr via IPO, files DRHP with SEBI
Realty firm Kalpataru has joined the bandwagon of property developers that are planning to cash in the rising stock market and has filed th...
- R-Infra to use promoters’ ‘warrant’ fund for capex
Funds brought in by Reliance Infrastructure’s promoters by way of a share warrant conversion will be used to part-finance the company’s cap...
- Era Infra bags Power Project worth Rs 450 cr from BHEL
Era Infra Engineering Ltd has bagged a Rs 450 crore-contract from BHEL to construct a new power plant at Bawana in the national capital.