Kalpataru launches Kalpataru Bliss in Mumbai

Volvo Sells SDLG Stake, Refocuses China Strategy

Volvo Construction Equipment (Volvo CE) will divest its entire 70 per cent holding in Shandong Lingong Construction Machinery (SDLG), transferring the shares to a fund largely owned by SDLG’s minority shareholder, Lingong Group Jinan Heavy Machinery (LGG). The disposal, valued at 8 billion SEK, is expected to complete in the second half of 2025 once regulatory clearances are secured.Explaining the decision, Volvo CE President Melker Jernberg said the 2006 venture had given the Swedish manufacturer vital access to China’s construction-equipment market, yet intensifying competition and the m..

Centre Clears Rs 106 Bn J&K Road, Tunnel Push

The Union Government has approved nineteen road and tunnel schemes worth about Rs 106.4 billion for Jammu and Kashmir, promising faster journeys and reliable, year-round access to several frontier districts along the Line of Control. Union Road Transport and Highways Minister Nitin Gadkari gave the green light to the package, which covers 296 kilometres of new or upgraded corridors.Headline project is the Rs 38.3 billion Peer-Ki-Gali tunnel, an alternative all-weather route between the Kashmir Valley and the rest of India. The Rs 33.3 billion Sadhana tunnel will secure round-the-year travel to..

PPP Planned To Rejuvenate Arkavathi River At Rs 25–30 Bn

The Bangalore Water Supply and Sewerage Board (BWSSB) has drawn up a public–private partnership scheme to revive the once-vital Arkavathi River, modelling the effort on Ahmedabad’s Sabarmati riverfront. A preliminary survey pegs the investment at Rs 25–30 billion and a detailed project report (DPR) is due by December 2025. Covering 53.7 km from Nandi Hills to Tippagondanahalli, the blueprint spans 1 449 sq km across Bengaluru Urban, Mandya, Chikkaballapur and Ramanagara districts, touching 734 villages, 77 settlements, ten lakes and 13 industrial belts. Key works include flood contr..