India, Russia Ink Pact on Six Strategic Investment Projects

NHAI Suspends Officials Over Pavement Damage on NH-754K in Gujarat

The National Highways Authority of India (NHAI) has taken strict action following reports of distressed pavement conditions on parts of the six-lane Sanchore–Santalpur section of the Amritsar–Jamnagar Economic Corridor (NH-754K) in Gujarat. The affected segment lies within Package-4 (Kilana to Santalpur) and is being constructed by M/s CDS Infra Projects Limited. The damage spans 1.35 km on the left-hand side (LHS) across 10 patches and 1.36 km on the right-hand side (RHS) over 5 patches of the total 130 km corridor in Gujarat.  Causes of failure and current status The ..

Real Estate Capital Raises, Deals Triple in FY25: Equirus Capital

Capital raised and the number of deals by real estate companies surged over three-fold in FY25, according to a note released by Equirus Capital. The report reveals that both investor interest and institutional confidence in the real estate sector have grown significantly, with REITs outperforming the Sensex and smallcap realty stocks delivering the strongest long-term performance. The total capital raised rose from Rs 1,09,554 million in FY24 to Rs 3,28,526 million in FY25, representing nearly a three-fold increase. Additionally, the number of deals increased from 5 to 17 over the same pe..

Bharat Forge Buys AAM India For Rs 7.46 Billion

Bharat Forge Limited (BFL) has completed the purchase of AAM India Manufacturing Private Limited in an all cash deal valued at Rs 7.46 billion. First announced on 17 October 2024, the takeover received Competition Commission of India clearance on 22 April 2025 and closed after final regulatory approvals.AAM India brings a cash reserve of Rs 1.89 billion, which BFL plans to deploy for growth initiatives and technology upgrades. The final equity consideration may be adjusted for net working capital as at 30 June 2025.The acquisition adds a long standing supplier of powe..