India Infra InvIT Raises Rs.700 Million through Debentures

Fadnavis lays foundation for Rs 1.5 billion infrastructure projects

Maharashtra Deputy Chief Minister Devendra Fadnavis laid the foundation stone for key infrastructure projects in the Hudkeshwar-Narsala region, marking the beginning of a sewage line, sewage treatment plant, and road development initiative worth Rs 1.5 billion. Speaking at the event, Fadnavis highlighted the region’s rapid urban expansion, noting the need for new infrastructure to meet rising demands. "In the last decade, the Nagpur metropolis and the adjacent Hudkeshwar-Narsala area have witnessed significant growth. Infrastructure such as roads and drinking water facilities had to be deve..

Bengaluru Airport City unveils 2 million sq. ft. business park

Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), has announced the launch of a 2 million square foot business park, aimed at positioning Bengaluru as a global hub for Global Capability Centers (GCCs). According to a press release, the new business park will span 17.7 acres and feature four blocks, each offering 0.5 million square feet of space. Nestled within an urban forest, the park is designed to foster a vibrant business community with advanced infrastructure, premium amenities, and ample networking opportunities. Rao Munukutla, Execu..

Kolkata Metro to celebrate 40 years of service on October 24

Metro Railway, Kolkata, will mark its 40th anniversary on October 24, celebrating four decades of transforming urban transit in the city. The metro service, which began with a modest 3.4 km stretch from Esplanade to Bhawanipore (now Netaji Bhavan), has grown into an expansive network spanning 58.6 km, connecting various parts of the city. Earlier this year, the launch of Green Line 2, which links Howrah to Esplanade, made Kolkata Metro a national pioneer, as it became the first service in India to operate an underwater metro corridor beneath the Ganges. This breakthrough route has facilitated..