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Private sector may commit a record Rs.1 trillion to highway construction in FY27

New Delhi, March 3 -- Private investors are expected to commit close to Rs.1 trillion towards highway construction in FY27, potentially marking the largest annual private sector investment in India's ... Read More


26% green steel mandate can unlock 16mtpa demand by FY30: CII study

New Delhi, Feb. 26 -- Mandating 26% use of certified green steel in public projects could unlock up to 16 million tonnes per annum (mtpa) of demand from government-linked projects alone by 2029-30, sa... Read More


Barrier-free tolling runs into a Chinese security bump

New Delhi, Feb. 26 -- Commuters looking to zoom past toll plazas on India's 1,46,560 km highway network will have to wait longer. Security concerns about surveillance cameras imported from countries l... Read More


Railways rolls out Rail Tech Policy, plans full digitization of claims tribunals

New Delhi, Feb. 26 -- India is opening its massive railway network to the country's startup ecosystem, offering to fund up to half of the development costs for new technologies in a bid to modernize t... Read More


Road construction to moderate through FY27 as subdued project awards squeeze order book: Icra

NEW DELHI, Feb. 25 -- India's road construction pace is likely to slow over the next two years as weak project awards shrink developers' order books and weigh on execution, ratings agency Icra said on... Read More


India eyes shipbuilding big league as Cochin Shipyard, HD Hyundai near $500 million JV

New Delhi, Feb. 24 -- India's long-held ambition to become a serious shipbuilding nation on par with giants such as China, South Korea, and Japan may finally get off the starting blocks in the second ... Read More


Vertis InvIT plans to double AUM to Rs.52k cr in two years

New Delhi, Feb. 24 -- Vertis Infrastructure Trust, an infrastructure investment trust (InvIT) backed by global investment firm KKR and Ontario Teachers' Pension Plan, plans to double its assets under ... Read More


Vertis InvIT plans to double AUM to Rs.52,000 crore in two years; eyes Rs.5,000-6,000 crore acquisitions annually

New Delhi, Feb. 23 -- Vertis Infrastructure Trust, an infrastructure investment trust (InvIT) backed by global investment firm KKR and Ontario Teachers' Pension Plan, plans to double its assets under ... Read More


Swan Defence explores Samsung tie-up to scale up shipbuilding at Pipavav

NEW DELHI, Feb. 22 -- Domestic shipbuilder and fabricator Swan Defence and Heavy Industries (SDHI) is exploring a collaboration with South Korea's Samsung Heavy Industries (SHI) to build complex comme... Read More