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
Odisha set for an industrial revolution, golden period for infra development: Majhi, ET Infra
Odisha Chief Minister Mohan Charan Majhi on Sunday said the state is set for an industrial revolution and a golden period for infrastructure development. Majhi said the ‘double engine’ government will ensure ‘double development’ of the state. “I firmly believe that with the joint efforts of the Central government and
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
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
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
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
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