Gujarat HC pulls up state gov. again on RERA, REAT vacancies

IREDA establishes subsidiary within IFSC in GIFT City, Gujarat

IREDA, a state-owned entity, has established a subsidiary within the International Financial Services Centre (IFSC) situated in GIFT City, Gujarat. Officially named IREDA Global Green Energy Finance IFSC Limited, the subsidiary was incorporated on May 7, following the receipt of a no objection letter from the Reserve Bank of India (RBI) in February 2024, permitting the establishment of the finance company within IFSC GIFT City, as stated by IREDA.

"This subsidiary not only positions IREDA to extend its global reach but also acts as an offshore platform for securing competitive funding ..

A'bad-Vadodara expressway to boost local and trade transit: Gadkari

Nitin Gadkari, Union Minister of Road Transport and Highways, mentioned that there exists a fusion of industrial prowess and natural beauty on the Ahmedabad-Vadodara Expressway, which connects prime industrial hubs in Gujarat. He expressed that the National Expressway-1 not only facilitates local and trade mobility but also provides breathtaking scenic views along the journey.

The Union Minister said in a post on X, Experience the seamless blend of industrial prowess and natural beauty on the Ahmedabad-Vadodara Expressway. Connecting Gujarat's prime industrial hubs, this National Expr..

Ahmedabad-Vadodara Expressway boosts local and trade transit: Gadkari

Nitin Gadkari, Union Minister of Road Transport and Highways, mentioned that there exists a fusion of industrial prowess and natural beauty on the Ahmedabad-Vadodara Expressway, which connects prime industrial hubs in Gujarat. He expressed that the National Expressway-1 not only facilitates local and trade mobility but also provides breathtaking scenic views along the journey.

The Union Minister said in a post on X, "Experience the seamless blend of industrial prowess and natural beauty on the Ahmedabad-Vadodara Expressway. Connecting Gujarat's prime industrial hubs, this National Expr..

IL&FS Requests New MMRDA Nod for Mumbai HQ Transfer

IL&FS has sought renewed approval from the Mumbai Metropolitan Region Development Authority (MMRDA) to transfer its headquarters within Mumbai. This move indicates IL&FS's commitment to navigating regulatory requirements amid ongoing restructuring efforts.

IL&FS's request for new approval underscores its determination to ensure compliance with all necessary regulations and expedite the headquarters transfer process. It reflects the company's efforts to streamline its operations and address administrative challenges as part of its restructuring endeavours.

The need for fresh appro..

Malaysian Carbon Credit Auction Begins July

In a significant move towards environmental sustainability, Malaysia's carbon exchange will host its first local carbon credit auction in July. This event marks a pivotal step in the nation's commitment to reducing carbon emissions and fostering a green economy.

The Malaysian carbon exchange aims to provide a structured marketplace for carbon credits, where companies can buy and sell these credits to offset their carbon footprints. This initiative aligns with global efforts to mitigate climate change by encouraging businesses to adopt more sustainable practices.

The auction w..