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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


VA Tech Wabag Shares Surge 9% on $100M Water Infra Deal

Mumbai, March 25 -- Shares of VA Tech Wabag soared 9% after the company announced a non-binding partnership to develop a $100 million water infrastructure platform for municipal projects. Strategic P... Read More


Nemetschek, Ovation Partner in Rs 4.1 Crore Deal to Boost BIM, Steel Detailing in India

Mumbai, March 25 -- Nemetschek Group has partnered with Ovation Services in a Rs 4.1 crore deal to advance Building Information Modeling (BIM) and structural steel detailing across India. The collabor... Read More