J&K ACB raids premises linked to Srinagar Smart City Project officials, ET Infra
Jammu and Kashmir Anti-Corruption Bureau (ACB) on Friday carried out raids at multiple places linked to two officials — financial advisor and executive engineer — of the Srinagar Smart City Project (SSCP) in an alleged case of financial irregularities and disproportionate assets. ACB sources said the raids were carried out
MHADA to transfer reserved roads to MCGM to speed up urban development, ET Infra
The Maharashtra Housing and Area Development Authority (MHADA), the government’s housing authority, has decided to transfer all reserved public roads within its layouts to the Municipal Corporation of Greater Mumbai (MCGM) in a bid to streamline urban development in the country’s financial capital. MHADA is responsible for 114 layouts in
Amazon’s AWS to invest $11 billion in Georgia to boost AI infrastructure development, ET Infra
Amazon said on Tuesday that its cloud computing division, Amazon Web Services (AWS), plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies. Big Tech companies are pouring billions into artificial intelligence, highlighting the growing need for robust data centers and
PM Narendra Modi launches development projects worth Rs 2 lakh crore in Andhra Pradesh, ET Infra
Prime Minister Narendra Modi on Wednesday, laid foundation stone and inaugurated development projects of Rs 2.08 lakh crore in Visakhapatnam, Andhra Pradesh. According to a press release, the projects include India’s largest green hydrogen hub, South Coastal Railway zonal headquarters, Krishnapatnam industrial node and bulk drug park. “The infrastructure revolution
L&T bags significant orders in Q3 in India, overseas, ET Infra
Larsen & Toubro (L&T) on Wednesday said its heavy engineering arm has bagged significant orders in the third quarter in the domestic market and abroad. Orders in the range of Rs 1,000 crore to Rs 2,500 crore range are classified as ‘significant’ by the company. In the overseas market, the
MPIDC acquires 400 ha to develop Vikram Udyogpuri Phase 2, Infra News, ET Infra
The Madhya Pradesh Industrial Development Corporation (MPIDC) acquired over 400 hectare of private land to develop the second phase of Vikram Udyogpuri industrial area in Ujjain. This initiative is expected to attract new investments in the region. At present, Vikram Udyogpuri spans 458 hectare and is nearly at full capacity.
Nods to MPD41, NCR Plan, ET Infra
Despite high expectations and demand from different groups, the Centre did not announce some major decisions before the Delhi assembly poll date was announced on Tuesday, including the notification of the Delhi Master Plan-2041, the 2041 NCR Plan and the amendments to the Land Pooling Policy. Recently, the seven BJP
PM to lay foundation, inaugurate slew of projects in Andhra on Wednesday, ET Infra
Similarly, Modi will also virtually lay the foundation for a Rs 1,877 crore bulk drug park in Nakkapalli. Prime Minister Narendra Modi is scheduled to visit Visakhapatnam on Wednesday to lay the foundation for a few important projects and inaugurate a few others. This will be the Prime Minister’s first
L&T bags large orders in India, overseas, Infra News, ET Infra
Several substations are being added to the Emirate’s power transmission infrastructure as it seeks to remain a preferred destination to live, work and visit. Infrastructure major Larsen & Toubro (L&T) on Tuesday said its power transmission and distribution vertical has bagged large orders in the domestic and international market. As
Stable policy framework key to attract investments in infrastructure sector: Aviation secy, ET Infra
Policy stability, improvement in efficiency and respect for contracts are the key essentials for attracting international investments into the infrastructure sector in the country, civil aviation secretary Vumlunmang Vualnam said. “Infrastructure, by design, tends to have a long gestation period and a long investment period. So I think that certainty,