US to Limit Rent Increases for Certain Affordable Housing Units

IndiGo Expanding Regional Network with 100 Smaller Planes

IndiGo, the renowned player in India's aviation industry, is set to bolster its regional connectivity with a strategic move to acquire 100 smaller aircraft. This ambitious plan aligns with the airline's vision to broaden its reach and cater to burgeoning demand in untapped markets.

The decision to invest in a fleet of smaller planes underscores IndiGo's commitment to enhancing accessibility, especially in regions where conventional aircraft may face operational constraints. By venturing into this segment, the airline aims to seamlessly integrate remote destinations into its network, th..

LT considers exit amid free rides

Larsen & Toubro (LT), the infrastructure giant, is contemplating exiting the Hyderabad Metro project due to significant revenue losses attributed to free bus rides. The potential departure of LT from this vital infrastructure initiative could have profound implications for the city's public transportation landscape.

The Hyderabad Metro, a joint venture between LT and the Hyderabad Metro Rail Limited (HMRL), has been instrumental in easing commuting woes since its inception. However, the provision of complimentary bus services alongside metro rides has substantially impacted LT's reven..

HPCL Ventures into Solar Power Generation

Hindustan Petroleum Corporation Limited (HPCL), a prominent player in the Indian energy sector, is making significant strides towards renewable energy by venturing into solar power generation. The latest development involves HPCL's ambitious Engineering, Procurement, and Construction (EPC) project aimed at establishing a 300 MW solar power plant.

This venture marks a pivotal moment for HPCL as it diversifies its energy portfolio to include clean and sustainable sources. The decision to invest in solar power aligns with global efforts to mitigate climate change and reduce reliance on fo..

Residents Sceptical of Sahastradhara Road Widening

Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.

The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..

Warburg Pincus Acquires Shriram Housing Finance

Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.

Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..