Fujitsu Sells Power Modules Arm to India’s L&T
Fujitsu General Ltd. announced on Monday that it will divest its power modules business, managed by subsidiary Fujitsu General Electronics Ltd. (FGEL), to India-based L&T Semiconductor Technologies Ltd. for approximately 2 billion yen (around USD 12.8 million). The decision, approved by the board earlier in the day, forms part of a wider strategic reorganisation of Fujitsu General’s business portfolio.As part of the transaction, related production facilities will also be transferred to Kaynes Semicon Private Ltd., the contract manufacturing division of Kaynes Technology India Ltd. The de..
NHAI Unveils Road Asset Monetisation Strategy
To unlock the value of operational National Highway assets and expand Public-Private Partnership (PPP) participation in infrastructure development, the National Highways Authority of India (NHAI) has released its inaugural Asset Monetisation Strategy for the Road Sector. This comprehensive framework outlines a structured approach for capital mobilisation through Toll-Operate-Transfer (ToT), Infrastructure Investment Trusts (InvITs), and securitisation models.Through these mechanisms, NHAI has already raised over Rs 1.4 trillion (approximately USD 17 billion), covering more than 6,100 kilometre..
Three New Projects to Boost Connectivity Between Delhi and Katra, Dehradun
The Centre has sanctioned three major infrastructure projects worth Rs 148.50 billion, aimed at improving connectivity between the National Capital Region and key destinations like Katra and Dehradun. These projects are designed to reduce travel time for Delhi residents and ease traffic congestion in several parts of the city, including South East, South West, and East Delhi.The planned developments will address congestion along critical stretches such as the Barapullah flyover, Ring Road, Outer Ring Road (ORR), and other internal roads. They will enhance connectivity between areas like Dwarka..
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