PROGRESSIVE WINNER
ECONOMY & POLICY

PROGRESSIVE WINNER

Under the leadership of Vinayak Deshpande, Tata Projects, in a JV with Turkish company Gulermak, has bagged tunnelling projects for the underground section of the Pune Metro Rail project. The JV has reportedly bagged contracts for both the packages worth Rs 22.83 billion – the...

Under the leadership of Vinayak Deshpande, Tata Projects, in a JV with Turkish company Gulermak, has bagged tunnelling projects for the underground section of the Pune Metro Rail project. The JV has reportedly bagged contracts for both the packages worth Rs 22.83 billion – the 2.5-km Package-I worth Rs 11.27 billion and 2.5 km Package-II worth Rs 11.56 billion.  Under Deshpande's guidance, the firm is known for its comprehensive design, engineering and construction solutions in Mass Rapid Transit Systems (MRTS), metro-rails, mono-rails and other urban transport modes. It is also successfully involved in other challenging metro projects across the country, such as the  Mumbai Metro Line-3, Pune Metro Line-3, Lucknow Metro North-South Corridor. With Deshpande’s 30+ years of experience in different roles and diverse industries, here's adding another feather to Tata Projects’ cap!

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Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

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Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

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Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

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