M1xchange Doubles TReDS Volumes to Rs 80 Billion in FY25

Low Fine Recovery From Mumbai-Pune Expressway E-Challans

The Maharashtra Transport Department has revealed that 27.76 lakh e-challans worth Rs 4.7 billion were issued for traffic violations on the Mumbai-Pune Expressway since the rollout of the Intelligent Traffic Management System (ITMS) in July 2024. However, only Rs 470 million in fines—around 10 per cent of the total—has been recovered to date.Breakdown of ViolationsOfficial data shows that cars were responsible for the majority of speed limit breaches, with over 17.2 lakh e-challans issued. Heavy goods vehicles accounted for 3.27 lakh challans, heavy passenger vehicles such as buses for 2.4..

Cabinet Clears Rs 81.46 Billion Tato-II Hydro Project

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved an investment of Rs 81.46 billion for the construction of the Tato-II Hydro Electric Project (HEP) in Shi Yomi district, Arunachal Pradesh. Scheduled for completion in 72 months, the 700 MW project (4 x 175 MW) will generate 2,738.06 million units of energy annually, strengthening both the state’s power supply and the national grid.Implementation and FundingThe project will be executed through a joint venture between North Eastern Electric Power Corporation Ltd (NEEPCO) and the Government of Arun..

Govt Eases Corporate Compliance for Firms and Start-Ups

The Government of India has introduced a series of reforms in 2024–25 to simplify corporate compliance, reduce costs, and improve ease of doing business for companies, including Micro, Small, and Medium Enterprises (MSMEs) and start-ups.Key Measures IntroducedDirect overseas listing: Indian public companies can now directly list securities in approved foreign jurisdictions, broadening investor access and providing alternative capital sources.Director KYC updates: Amendments allow additional opportunities to update mobile numbers and email addresses in the official KYC database.Faceless adjud..