Adani Infra seeks CCI clearance to acquire majority stake in PSP Projects, ET Infra
Billionaire Gautam Adani-led Adani Infra has sought approval from fair trade regulator Competition Commission of India (CCI) for acquiring a majority stake in PSP Projects Ltd. Adani Infra, a unit of Adani group’s flagship firm Adani Enterprises. PSP Projects, which has industrial, institutional, residential and luxury projects like the Surat
Himachal CM reviews development projects in Kangra, Infra News, ET Infra
SHIMLA: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday directed the officers to expedite the implementation of the state government’s flagship projects and end delaying the matters. Presiding over the meeting of the officers of Kangra district at Dharamshala, he reviewed the progress of various developmental projects being undertaken
Infra sector needs Rs 15 lakh cr annual outlay to achieve Viksit Bharat target: Mandaviya, ET Infra
Union Minister Mansukh Mandaviya on Monday said the government’s infrastructure investment budget should be Rs 15 lakh crore per annum, against Rs 11.5 lakh crore at present, for the next 25 years to achieve ‘Viksit Bharat @2047’ and social security for all. This assumes significance in view of India’s 100
Andhra received Rs 3 lakh crore investments, aid in 6 months: Amit Shah, ET Infra
VIJAYAWADA: Asserting that Andhra Pradesh suffered due to man-made disasters between 2019 and 2024, Union Home Minister Amit Shah on Sunday said that the Centre facilitated investments and aid exceeding Rs 3 lakh crore for the state in the past six months. The Union Home Minister praised Chief Minister Chandrababu
Union Minister Amit Shah affirms PM Modi’s full support for Andhra’s development, ET Infra
AMARAVATI: Union Home Minister Amit Shah on Sunday emphasised the support of the Prime Minister Narendra Modi-led government for Andhra Pradesh, announcing that the Centre has approved projects totalling over Rs 3 lakh crore for the state in just six months. He was addressing a gathering after inaugurating the National
Aaiji Group forms JV with Infinity Infracon for Rs 200 cr project development in Dholera, ET Infra
Ahmedabad Gujarat-based Aaiji Group’s arm Aaiji Infraspace has formed a joint venture with Infinity Infracon to spearhead residential and commercial development projects worth Rs 200 crore in Dholera Special Investment Region (SIR), a statement said on Saturday. “The joint venture aims to execute projects worth Rs 200 crore in a
Capital Infra Trust InvIT makes flat market debut; lists at Rs 99, ET Infra
NEW DELHI: The units of Capital Infra Trust, an infrastructure investment trust (InvIT), made a flat market debut on Friday, listing at par with the issue price of Rs 99. At the BSE and NSE the units got listed at Rs 99. Later, it traded marginally lower at Rs 98.80,
Improved infrastructure, has made Kerala investment-friendly, says CM, ET Infra
Chief minister Pinarayi Vijayan said that by providing improved infrastructure, Kerala has become an investment-friendly state, which accelerated the state’s industrial growth. He was interacting with IT company representatives at a meeting held in the state capital ahead of the Invest Kerala Global Summit. “The state govt places great importance
Vishwa Samudra Group appoints Shivdutt Das as Managing Director, ET Infra
MUMBAI: Diversified group Vishwa Samudra Group on Tuesday announced the appointment of Shivdutt Das as its Managing Director. The Hyderabad-based conglomerate, which has business interests in aviation, marine, engineering and infrastructure segments, also named Lakshmi Priyadarshini as Vice Chairperson of the Group. Prior to this, Shivdutt had been holding the
Role of IT sector in developing smart cities across all states in India, ET Infra
India’s Smart Cities Mission is a transformative initiative aimed at developing cities into sustainable, efficient, and digitally enabled urban hubs. Information Technology lies at the core of this urban transformation, offering solutions for effective resource management, streamlined service delivery, and enhanced citizen engagement. Odisha has embraced this vision, positioning itself