Govt urges steel makers to provide relief to MSME sector

Rail Vikas Nigam Bags Rs 3.8 Billion Bridge Contract In Assam

Rail Vikas Nigam Ltd (RVNL) has secured a contract worth Rs 3.8 billion from Northeast Frontier Railway to construct a new rail-cum-road bridge over the Brahmaputra River at Saraighat, Assam. The bridge will be built parallel to the existing one to ease traffic and enhance connectivity.The project scope includes construction of the foundation, substructure, and superstructure, along with installation of associated systems. Once completed, the bridge is expected to significantly improve rail and road movement in the region, supporting both passenger and freight transport.RVNL said the project a..

Rs 19.5 Billion Meerut–Nazibabad Rail Electrification Complete

The Rs 19.5 billion railway electrification of the Meerut–Nazibabad section has been completed, marking a major step towards improving connectivity in northern India. The project covers 132 kilometres of track and is expected to enhance operational efficiency while reducing travel time and fuel costs.Officials from the Ministry of Railways said the electrification will enable faster, more reliable train services and contribute to reduced carbon emissions. The initiative aligns with the government’s broader goal of achieving 100 per cent electrification of India’s railway network by 2030...

AU Small Finance Bank Secures RBI Approval For Universal Bank

AU Small Finance Bank has received approval from the Reserve Bank of India (RBI) to transition into a universal bank. The move will allow the Jaipur-based lender to expand its range of financial services and compete directly with larger commercial banks.Founded in 1996 as a non-banking finance company, AU Small Finance Bank became a small finance bank in 2017. The transition to a universal bank will enable it to offer a broader portfolio, including enhanced corporate banking, treasury operations, and new retail products.Managing Director and CEO Sanjay Agarwal said the approval marks a signifi..