Morgan Stanley, others acquires 6.8% stake in PNB Housing for Rs 16.64 Bn

RailTel Wins Rs 502 Million IT and Internet Orders

RailTel Corporation of India has secured two significant work orders worth a combined Rs 502 million. The first, valued at Rs 100.5 million, involves implementing comprehensive IT solutions for the Department of Social Security and Empowerment of Persons with Disabilities (SSEPD), Government of Odisha. This project is scheduled for completion by 20 January 2026.The second contract, worth Rs 401.9 million, entails providing 8.4 Gbps high-speed internet connectivity to Central Coalfields Limited (CCL), also set for execution by the same deadline.The company clarified that there is no related par..

Railways Approve Rs 527 Billion Boost for Mumbai Suburban Rail

Mumbai’s suburban railway network is set for a transformational upgrade, with the Ministry of Railways sanctioning projects worth Rs 527.24 billion under the Mumbai Urban Transport Project (MUTP) schemes. These extensive initiatives aim to significantly enhance connectivity and meet the growing demands of the city’s daily commuters.The funding breakdown includes Rs 80.87 billion for MUTP-II, Rs 109.47 billion for MUTP-III, and Rs 336.9 billion for MUTP-IIIA.Major Corridors and Key DevelopmentsUnder MUTP-III, core works will reshape several critical sections of the network, including the Pa..

Ajit Pawar Unveils 75-Km Rail Plan to Ease Pune Traffic

In a major boost to infrastructure and connectivity, Maharashtra Deputy Chief Minister Ajit Pawar on Friday announced a comprehensive new railway project covering 75 kilometres across Pune and adjoining regions. The project aims to ease traffic congestion and support industrial growth by offering a robust public transport alternative.The proposed route will extend from Talegaon to Chakan, Chakan to Wagholi, then on to Uruli, and finally connect with the Solapur–Pune Road. An additional line will link Miraj Road with the existing Miraj railway route, enhancing connectivity in western Maharash..