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
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
Governor Jishnu Dev Varma, ET Infra
The Telangana government is embarking on an ambitious vision for the future, including development of a Future City which aims to position the state as a global hub for technology and innovation, Governor Jishnu Dev Varma said on Sunday. In his Republic Day address here, he said the government also
Adani appoints independent law firms to review US indictment, ET Infra
Adani group has appointed independent law firms to review the US indictment against its founder chairman Gautam Adani, his nephew and another key executive in a USD 265 million bribery case, according to a stock exchange filing by a group firm. Adani Green Energy Ltd (AGEL), which is said to
Naxal-hit states get Rs 3,450 cr in FY24 for improving infrastructure, ET Infra
To combat left-wing extremism (LWE), the Centre provided ₹3,450 crore of funding in 2023-24 to the eight LWE-affected states to fill the critical gaps in public infrastructure and services in the most affected districts. There are 25 most LWE affected districts across eight states, according to the government. The Centre
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.
Blackstone plans to invest $11 bn in Maha, nearly half in Mumbai 3.0, ET Infra
Blackstone Group, the world’s largest alternative asset manager, is planning to invest up to $11 billion to develop real estate and infrastructure assets, including data centres, in Maharashtra’s key cities over the next three-five years. The US-based institutional investor has signed three separate agreements in Davos with the state government
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