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
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
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
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
Bill Gates & global giants invited to boost IT, health and infra in Andhra Pradesh, ET Infra
The chief minister, N Chandrababu Naidu, and the minister for IT and electronics, Nara Lokesh, invited Bill Gates to support IT development in Andhra Pradesh. Lokesh invited Gates to participate in the advisory board of the world-class AI university being set up in Andhra Pradesh. He also urged the Bill
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
CM Bhupendra Patel launches construction of 607 anganwadis using LGSF technology, ET Infra
The Government of Gujarat started a unique initiative with the construction of 607 new Anganwadi-Nand Ghars in Gujarat using Light Gauge Steel Frame Technology (LGSF) as Chief Minister Bhupendra Patel digitally launched the construction work from Gandhinagar. According to an official release, Patel stated that Anganwadi centres will play a