Projects

Qatar Holding LLC’s (QH) acquisition of Adani Electricity Mumbai Limited (AEML) and Adani Electricity Mumbai Services Limited (AEMSL) is deemed approved under the Competition Commission of India (CCI) Green Channel which is an automatic system.

Prime Minister Narendra Modi has highlighted the sweeping reforms to make Banking Sector more transparent and profitable.

The Asian Development Bank (ADB) has signed a US$490 million loan for public-private partnership (PPP) project to upgrade about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths in the state of Madhya Pradesh.

Housing project delays are perpetually under a tainted spotlight and the country’s top judiciary, including Supreme Court and consumer courts, maintain that home buyers cannot be made to wait indefinitely for the possession of their flats/apartments.

Industrialists have suggested ways to reduce time for Foreign Direct Investment (FDI) approval during the Pre-Budget meeting with Finance Minister Nirmala Sitharaman in Delhi on 19 Dec 2019.

Defence Research and Development Organisation (DRDO) has flight-tested Pinaka Missile System, an Artillery Missile System capable of striking into enemy territory up to a range of 75 kilometres with high precision.

The National Rail Transport Institute (NRTI) is to set up its first Centre of Excellence for Next Generation Transportation Systems for which it has signed a Memorandum of Understanding (MoU) with the University of Birmingham.

The PHD Chamber of Commerce and Industry (PHDCCI) has called for implementation of FIDIC contract in fast tracking road and highway projects in the country.

The price gap between ready-to-move-in (RTM) and under-construction (UC) homes in the top 7 cities has been reduced to a mere 3-7% in 2019, according to data from property consultants ANAROCK.

Tripura Industrial Development Corporation (TIDC) Ltd is setting up a Special Economic Zone (SEZ) for the Agro-based food processing industry, at an estimated cost of Rs.1,550 crore.