Power Mech Projects jumps 20% after bagging SAIL mine contract

Seaplane project in Kerala set for revival with demo operations

Kerala’s long-delayed seaplane project is likely to be revived, with demonstration operations scheduled next month under the Centre's regional connectivity scheme, UDAN. This initiative aims to enhance connectivity along India's coastal areas. A high-level reconnaissance was conducted on October 3 to assess potential sites, involving representatives from De Havilland Canada, Cochin Port Trust, and the Indian Navy. Three locations near Vembanad Lake were evaluated, with stakeholders narrowing down a water strip parallel to Marine Drive in Kochi as the preferred site. The assessment consider..

Fadnavis lays foundation for Rs 1.5 billion infrastructure projects

Maharashtra Deputy Chief Minister Devendra Fadnavis laid the foundation stone for key infrastructure projects in the Hudkeshwar-Narsala region, marking the beginning of a sewage line, sewage treatment plant, and road development initiative worth Rs 1.5 billion. Speaking at the event, Fadnavis highlighted the region’s rapid urban expansion, noting the need for new infrastructure to meet rising demands. "In the last decade, the Nagpur metropolis and the adjacent Hudkeshwar-Narsala area have witnessed significant growth. Infrastructure such as roads and drinking water facilities had to be deve..

Bengaluru Airport City unveils 2 million sq. ft. business park

Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), has announced the launch of a 2 million square foot business park, aimed at positioning Bengaluru as a global hub for Global Capability Centers (GCCs). According to a press release, the new business park will span 17.7 acres and feature four blocks, each offering 0.5 million square feet of space. Nestled within an urban forest, the park is designed to foster a vibrant business community with advanced infrastructure, premium amenities, and ample networking opportunities. Rao Munukutla, Execu..