Edelweiss Financial makes Rs 1.7 Bn exit from Andheri project

Second Hebbal Flyover Loop to Open by November

Karnataka Deputy Chief Minister DK Shivakumar on Monday announced that the second loop of the Hebbal flyover, connecting Esteem Mall to Mekhri Circle, will be operational by November. The new addition is part of a larger effort to ease traffic congestion at one of Bengaluru’s busiest junctions.The announcement came as Shivakumar inaugurated a new flyover loop connecting Outer Ring Road to Bellary Road. Built at a cost of Rs 800 million, the 700-metre ramp increases the number of lanes on the Hebbal flyover from two to six. Once the second loop is completed, the total project cost will reach ..

PM to Inaugurate Aunta–Simaria Highway Project with Six-Lane Ganga Bridge

Prime Minister Narendra Modi will inaugurate the 8.15-km Aunta–Simaria highway project on NH-31 in Bihar tomorrow. The project includes a 1.86-km six-lane extradosed cable-stayed bridge across the Ganga, constructed at a cost of over Rs 18.70 billion. The new link will connect Mokama in Patna district with Begusarai, easing traffic congestion and reducing travel distances for heavy vehicles that were earlier diverted due to the closure of the old Rajendra Setu.With a width of 34 metres and advanced design features, the bridge is one of India’s widest of its kind and is built to withstand h..

Allcargo Launches 1.5 Lakh sq ft Built-to-Suit Warehouse in Bengaluru

Allcargo Logistics, part of the Allcargo Group, has unveiled a Grade A built-to-suit (BTS) warehousing facility for a Swedish multinational in the electrification sector at Alur, Nelamangala, near Bengaluru. Developed under Allcargo Supply Chain (ASCPL), the 1.5 lakh sq ft facility will handle storage, distribution, and management of electrical components, serving as the company’s largest warehouse in India.Strategically located for superior connectivity, the facility is designed with multi-tier shelving, heavy-duty racking, customised handling equipment, and advanced scanning systems to ens..