Arvind SmartSpaces inks pact to jointly develop 440-acre industrial park in Ahmedabad region, ET Infra
Realty developer Arvind SmartSpaces has inked an agreement to develop an industrial park spread over around 440 acres in Ahmedabad with a total top-line potential of Rs 1,350 crore. The land parcel is located on NH47, Bavla-Bagodara Road and the project is signed under joint development model with 70.5% revenue
Leadership changes spark concerns over smart city project’s quality and transparency, ET Infra
The abrupt transfer within Hubballi-Dharwad Municipal Corporation (HDMC) has created uncertainty amongst officials regarding the handover of smart city project developments. The situation is particularly complex as Rudresh Gali, who served as managing director of Hubballi-Dharwad Smart City Limited (HDSCL), is set to replace Ishwar Ullagaddi as HDMC commissioner. According
Budget 2025 may prioritize Railways over Highways, says Nuvama Report, ET Infra
The upcoming Union Budget for 2025-26 is expected to focus more on the railways sector than highways, according to a report by Nuvama. This marks a significant shift in infrastructure priorities, with railways likely to receive increased budgetary allocations. In the previous financial year (FY24), the highways sector received an
PM Modi, President Subianto discuss enhancing economic ties, energy security, digital infra development, ET Infra
NEW DELHI: India and Indonesia have focused on enhancing economic cooperation through various mechanisms, such as the upcoming meetings of the Working Group on Trade and Investment (WGTI) and the Biennial Trade Ministers’ Forum (BMTF), with a view to addressing existing trade barriers. Prime Minister Narendra Modi and Indonesian President
Noida Authority renews demand for Rs 10k cr unused Unitech land, ET Infra
On Dec 4, 2024, the court issued another directive, instructing Noida Authority to approve the entire 14.1 lakh sqm of Express City project in Sectors 96, 97 and 98, including the second segment. Noida Authority has reiterated its demand to reclaim over 8.5 lakh sqm of unused land allotted to
Odisha govt approves industrial projects worth Rs 32,736 crore, ET Infra
BHUBANESWAR: Ahead of the Utkarsh Odisha – Make in Odisha conclave 2025 scheduled to begin on January 28, the Odisha government on Friday approved several industrial projects with investment worth Rs 32,736 crore spanning various sectors. The investment projects were approved during the 39th High-Level Clearance Authority (HLCA) meeting here
Kalpataru Projects International secures Rs 2,038 cr orders, Infra News, ET Infra
Kalpataru Projects International on Friday said that the company, along with its international subsidiaries, has secured new orders worth Rs 2,038 crore. The new orders are in the Transmission & Distribution business, both in India and overseas markets, as well as in building projects in India, a company statement said.
Naxal-hit states got Rs 3,450 cr in FY24 for improving infra, ET Infra
To combat Left Wing Extremism (LWE), the Centre has spent ‘100 crore in the past one year on central agencies for hiring helicopters by the Central Reserve Police Force (CRPF), according to annual data of the Ministry of Home Affairs (MHA). The funds were used for payment of bills pertaining
Telangana shines at Davos, inks MoUs worth Rs 1.79 lakh cr investments, ET Infra
Chief Minister A Revanth Reddy-led “TelanganaRising” delegation signed as many as 20 MoUs for investments and expansions worth nearly Rs 1.79 lakh crore on the sidelines of the World Economic Forum summit at Davos, Switzerland, with the majority of them for setting up data centres, followed by pumped storage facilities
Revenue minister sets strict deadlines for infra projects, ET Infra
In a decisive move to accelerate Nagpur’s urban development, revenue minister Chandrashekhar Bawankule has mandated strict adherence to project timelines across all major infrastructure initiatives in the city. During a high-level meeting at Mantralaya in Mumbai on Tuesday, the minister emphasised that administrative delays would not be tolerated in the