CRISIL Rates ACME Raisar Solar's Rs 8.80 Bn Loan 'AA-/Stable'

Gujarat Clears Rs 41.8 Billion for Urban Projects in 2025

Gujarat Chief Minister Bhupendra Patel has approved Rs 41.8 billion for development projects across seven municipal corporations and 12 municipalities under the Urban Development Year–2025 initiative. These projects fall under the Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana.Of the total allocation, Rs 37.7 billion is dedicated to infrastructure development. This includes Rs 29.4 billion for 252 works in Ahmedabad Municipal Corporation, Rs 4.55 billion for 349 works in Vadodara, Rs 3.67 billion for 302 works in Rajkot, and Rs 62 million for 11 works in the newly formed Porbandar Municip..

Keonjhar Mega Steel Plant Project Moves Two Steps Ahead

Chief Minister Mohan Charan Majhi on Sunday affirmed that the proposed mega steel plant in Keonjhar district is firmly on track, stating that the project has advanced by two steps.During his two-day visit to his home district, the Chief Minister reviewed major industrial, infrastructure, and development projects, including the large-scale steel plant planned by JSW and POSCO with an investment of approximately Rs 400 billion in the Patna region.He assessed the status of land identification and acquisition for the project, noting that one of the companies involved has already deposited funds fo..

NFR Trials New Diesel Loco for Darjeeling Heritage Line

The Northeast Frontier Railway (NFR) has successfully completed the final trial run of the newly procured NDM-6 Diesel-Hydraulic Locomotive (DSL) for the Darjeeling Himalayan Railway (DHR). According to a press release on Monday, the trial was carried out on the downhill stretch from Darjeeling to Siliguri, using three coaches.This follows a previously successful uphill trial run from Siliguri to Darjeeling.NFR confirmed that two more NDM-6 diesel locomotives are currently under procurement and will be added to the DHR fleet soon.The NDM-6 locomotive has been specifically designed for narrow-g..