Vedanta Secures $470 Million from Power Finance Corp for Energy Business

Cabinet OKs Rs 18.5 Bn Four Lane NH 87 in Tamil Nadu

The Union Cabinet has cleared a Rs 18.53 billion plan to upgrade 46.7 kilometres of National Highway 87 between Paramakudi and Ramanathapuram to four lanes. At present, this section is a two lane bottleneck that links Madurai, Rameshwaram and Dhanushkodi, and regularly suffers jams and accidents.Scheduled to be built under the Hybrid Annuity Mode, the new highway will intersect five other national highways (NH 38, 85, 36, 536 and 32) and three state highways (SH 47, 29 and 34). It will also strengthen multi modal links to Madurai and Rameshwaram railway stations, Madurai Airport, a..

Pune Metro to Add 15 Trains, Cut Wait Time to 3 Minutes

In a bid to enhance commuter convenience and prepare for two newly approved corridors, Pune Metro has announced plans to add 15 new trains — totalling 45 coaches — to its existing fleet. This will increase the total number of trains from 34 to 49 and coaches from 102 to 147.Currently, Pune Metro serves over 1.7 lakh passengers daily using 34 trains, of which 31 are operational. The new trains, each consisting of three coaches, will be deployed once construction on the new Swargate–Katraj and PCMC–Nigdi lines is complete. These projects were approved in August 2024 and October 2023 resp..

IRHPL to Run Retail at BKC and Airport T2 Metro Stations

India Retails & Hospitality Private Ltd (IRHPL) has signed a memorandum of understanding with Mumbai Metro Rail Corporation to act as master concessionaire for commercial operations at two flagship stations on the underground Metro Line 3 corridor: Bandra Kurla Complex and Mumbai Airport T2.The agreement will see IRHPL convert the concourse and platform areas into vibrant retail hubs, offering high quality shops, quick service food counters, premium lounges and experiential zones modelled on airport standards. Only the 22 kilometre stretch from Aarey to Worli is cur..