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
Amit Shah inaugurates, lays foundation stone for 37 development projects worth approximately Rs 651 crore in Ahmedabad, ET Infra
“>Conveying gratitude to the residents of Ranip, he said, “The people of this area have elected me five times as an MLA and twice as an MP. Serving this region is my duty.” Union Home Amit Shah inaugurated and laid the foundation stones for 37 public welfare projects worth approximately
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
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