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BEML, a PSU, bagged the first order worth Rs 675 crore of the sleeper versions from Integral Coach Factory (ICF), Chennai last year.
Updated: Jul 04, 2024

BEML on track to deliver all 10 Vande Bharat sleeper racks by year-end, trial run likely by August

The sleeper version of Vande Bharat will have all AC coaches like Rajdhani Express and will be equipped with modern infrastructure.

The idea is part of the Road Transport and Highways Ministry’s 100-day agenda and is being discussed internally at this stage.
Updated: Jun 19, 2024

Exclusive: Separate authority for India’s Expressways on cards

A total of 50,000 kilometers of access-controlled expressways are proposed to be built across India in a manner that ensures that any location is within 100-125 kilometers of an expressway.

Representative image. This project is expected to drive industrial growth and create thousands of jobs for the state
Updated: Jun 19, 2024

Cabinet likely to okay Rs 76,000-crore Vadhavan Port project in Maharashtra in mega infra push

Initially, the project faced opposition from local farmers, fishermen, and residents, leading to a reworking of the project details. This revision increased the total project cost from the previously estimated Rs 66,000 crore to over Rs 76,000 crore.

REITs offer a convenient way to gain exposure to real estate without the hassle of direct property ownership.
Updated: Jun 04, 2024

Elections 2024: Affordable housing gets boost as real estate embraces stable policies, says experts

The current government had, over the last two terms, made significant strides on the policy front, and in the development of the nation.

Karnataka, especially Bengaluru, is known as a technology and innovation centre in India
Updated: May 31, 2024

Upcoming GCC policy will prioritise regions beyond Bengaluru: Darshan H.V.

Highlighting that cities are decentralising and businesses are expanding to Tier-II cities like Mysuru, Mangaluru, Kalaburagi, and Tumkuru, Darshan H.V. says that the upcoming GCC policy will prioritise these regions

L&T received orders worth Rs 3,02,812 crore at the group level during the year ended March 31, 2024, registering a growth of 31 per cent.
Updated: May 10, 2024

L&T plans to exit Hyderabad Metro post 2026, R Shankar Raman says free bus rides have made ridership 'less interesting'

Congress government’s free bus rides for women impact sees change in ridership mix.

The budget for the Ministry of Road Transport and Highways has surged 879% under the Narendra Modi-led government to Rs 2.76 lakh crore in FY24.
Updated: Apr 25, 2024

Maharashtra, UP, or Andhra: Which state has seen the highest construction of national highways in the last 10 years?

The total length of national highways in the country has increased by over 60% to 146,145 km in FY23 from 91,287 km in FY14.

The NHAI released a list of 33 highway stretches that will be monetised through ToT and InvIT modes in FY25.
Updated: Apr 22, 2024

NHAI banks on revised model agreement to push asset monetisation

NHAI looks at record asset monetisation in FY25 after revising model concession agreements (MCA) for TOT projects

The Prime Minister was speaking during the unveiling of the BJP's manifesto for the upcoming general elections. 
Updated: Apr 14, 2024

BJP manifesto 2024: Three models of Vande Bharat trains to run in India, says PM Modi

He added that the BJP will expand the Vande Bharat trains to every nook and cranny of India

Ashwini Vaishnaw shared a video of India's first ballastless track system being developed for the bullet train.
Updated: Mar 29, 2024

Mumbai-Ahmedabad Bullet train: Minister shares update on India's first ballastless track system

The Mumbai-Ahmedabad High-Speed Rail Corridor project, being developed at the cost of Rs 1.08 lakh crore, was launched by PM Narendra Modi and former Japanese PM Shinzo Abe in September 2017.

It will create 2,000 direct and 5,000 indirect employment opportunities.
Updated: Mar 28, 2024

With copper unit in Mundra, Gautam Adani makes his metal industry debut

The group is investing nearly $1.2 billion to set up a copper smelter with 0.5 MTPA capacity in the first phase.

Gopalpur handles a diverse mix of dry bulk cargo, including iron ore, coal, limestone, ilmenite, and alumina.
Updated: Mar 26, 2024

Adani Ports buys 95% stake in Gopalpur Ports for an enterprise value of ₹3,080 crore

Adani Ports will purchase a 56 per cent stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group (SP Group) and a 39 per cent stake from Orissa Stevedores.

Ashwini Vaishnaw
Updated: Mar 19, 2024

India's first bullet train will be on track in 2026, to run from Surat: Ashwini Vaishnaw

"Railway employees are very happy about the future planning of Indian Railways," he told an audience, adding that "The past governments were using the Indian Railways as a political tool."

The Adani Group's recovery from a US-based short seller's attack last year highlights the essence of bouncing back stronger and symbolises resilience, Adani sai
Updated: Mar 14, 2024

'My name is Adani. I'm a humble India infra company': Gautam Adani on what clicked for his business

"To use a cricket analogy, the Adani Group has influenced the infrastructure sector in the same way as T20 has affected test cricket," Gautam Adani said.

Sunil Mittal at BT Mindrush
Updated: Mar 09, 2024

BT Mindrush: Sunil Bharti Mittal on future of telecom, AI risk, the India hype & knighthood

In a riveting session at BT Mindrush with BT's Executive Director Rahul Kanwal, Mittal underscored the importance of connecting every economic constituent through digital channels.

Sandeep Gulati, who is heading the firm for the last five years, shares his plans with Business Today in a candid chat.
Updated: Feb 29, 2024

‘Govt’s infra push presents tremendous opportunity’: Egis India MD

Egis has been growing consistently over the years and is now a +3000 employees in India, Egis India MD Sandeep Gulati tells Business Today in an interview.

In the petroleum sector, a total of 39 projects with an investment of ₹1,49,823 crore are slated to be inaugurated. 
Updated: Feb 28, 2024

PM Modi to unveil mega infrastructure projects worth Rs 1.64 lakh crore on March 2

Among the projects lined up include petroleum & natural gas worth Rs 1.49 lakh crore, Railways worth Rs 4,742 crore and fertiliser sector worth Rs 9,512 crore

The last meeting of the GST Council was held on October 7, 2023.
Updated: Feb 25, 2024

GST Council may soon clarify tax exemption to RERA

A meeting of the GST Council, chaired by the Union Finance Minister, is likely to be held before the imposition of the Model Code of Conduct for the general election due in April-May.

Grasim eyes a paint industry coup with Birla Opus, sets Rs 10,000 cr target for next 3 years
Updated: Feb 22, 2024

Grasim eyes a paint industry coup with Birla Opus, sets Rs 10,000 cr target in 3 years

Grasim doubled its planned investment to Rs 10,000 crore for establishing its presence in the paints industry in FY23.

The greenfield project Radisson Blu Hotel in Ayodhya is expected to open in 2027, located within two kilometers of Ram Mandir in the city
Updated: Feb 20, 2024

EaseMyTrip, Jeewani Group partners with Radisson 150-room hotel in Ayodhya

The greenfield project Radisson Blu Hotel in Ayodhya is expected to open in 2027, located within two kilometers of Ram Mandir in the city.

Inclusion of securitised green bonds as the preferred financing method in BOT projects may prove to ease funding requirements on NHAI as well as the concessionaires
Updated: Jan 30, 2024

Interim Budget 2024: Policy, progress, and prospects for India's highway industry

The overall financial outlook of the NHAI remains promising, given the vast array of assets available.

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