India’s longest electrified rail tunnel inaugurated in Andhra Pradesh The 6.6-km-long tunnel has been constructed at Rs 4.37 billion in a record 43 months

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Finance ministry finally takes decision on ending disputes with infrastructure companies Companies to get 75% of arbitration award in case of construction projects that were facing disputes

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PM Modi inaugurates country’s first greenfield industrial smart city in Aurangabad. Reportedly, Prime Minister Narendra Modi inaugurated the Aurangabad Industrial City (AURIC) which is spread over 10,000 acre and is India’s first greenfield industrial smart city, as a part of the upcoming Delhi-Mumbai industrial corridor.

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IBC offers little respite to resolution of stressed construction companies 202 construction entities facing financial stress have entered the CIRP and are falling behind considerably

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