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
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
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
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
MMRDA signs MoUs worth $40 billion in WEF to transform Mumbai’s infra, ET Infra
Representative image MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) signed 11 memoranda of understanding (MoUs) worth $40 billion (approximately Rs 3.5 lakh crore) at the World Economic Forum (WEF) in Davos, aiming to reshape infrastructure in the Mumbai Metropolitan Region (MMR). The investments focus on urban transport, regional development
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