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Maharashtra Agrees to Konkan Railway Merger with Indian Railways

Mumbai, March 25 -- Maharashtra has signaled its agreement to the long-pending merger of Konkan Railway Corporation Limited (KRCL) with Indian Railways, joining Kerala, Goa, and Karnataka, which have ... Read More


Alpha Wave Global Invests $145 Million in Oberoi Realty JV

Mumbai, March 25 -- Alternative investment firm Alpha Wave Global has committed to investing Rs 12.5 billion ($145 million) in I-Ven Realty Ltd, a joint venture between Oberoi Realty Ltd and its chair... Read More


Reliance Unit to Acquire 74% Stake in Nauyaan Shipyard for Rs 3.83 Bn

Mumbai, March 25 -- Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has announced the acquisition of 74% equity stake in Nauyaan Shipy... Read More


Tier 2 & 3 Cities Drive 44% of Land Acquisitions

Mumbai, March 25 -- India's real estate sector is undergoing a significant transformation as developers shift focus to Tier 2 and Tier 3 cities. A recent CREDAI-Liases Foras report, unveiled at the Ne... Read More


Puducherry Plans IT Park, Textile Hub at Defunct AFT Mill Site

Mumbai, March 25 -- Puducherry's administration is considering setting up an IT park and a textile-related sector on the land of the now-defunct Anglo French Textiles (AFT) mill, Home Minister A. Nama... Read More


Delhi Metro Completes Deepest Tunnel in Phase 4

Mumbai, March 25 -- The Delhi Metro Rail Corporation (DMRC) has completed tunneling on its deepest underground section in Phase 4, marking a tunnel boring machine (TBM) breakthrough at IGNOU station. ... Read More


Cyclosystem Wins Bengaluru Metro Train Wash Plant Contract

Mumbai, March 25 -- Cyclosystem India Pvt Ltd has secured the contract to supply automatic train wash plants for three depots under Bengaluru Metro Phase 2. The company emerged as the sole qualified b... Read More


ICF to Supply AC Coaches for Bengaluru Suburban Rail

Mumbai, March 25 -- The Integral Coach Factory (ICF) in Chennai is expected to supply metro-style, air-conditioned coaches for the Bengaluru suburban rail project. The development comes as ICF, a unit... Read More


Indore to Open India's First PPP Green Waste Plant

Mumbai, March 25 -- Indore is set to become the first city in India to establish a Public-Private Partnership (PPP) model-based green waste processing plant under the Swachh Bharat Mission-Urban. This... Read More


GIFT City Earns ISO 14001 for Sustainability

Mumbai, March 25 -- Gujarat International Finance Tec-City (GIFT City) has been awarded the ISO 14001:2015 certification for its Environmental Management System (EMS), reinforcing its commitment to su... Read More