PBF's subsidiary now empowered for reinsurance product sales

Centre Approves Rs 111 Billion for Key Rail Expansion Projects

The Cabinet Committee on Economic Affairs has approved four major railway multitracking projects worth approximately Rs 111 billion. These projects will expand the Indian Railways network by 574 kilometres across six states and are targeted for completion by 2028–29.The projects span 13 districts in Maharashtra, Madhya Pradesh, West Bengal, Bihar, Odisha, and Jharkhand. Key routes include the fourth line between Itarsi and Nagpur, doubling of the Aurangabad (Chhatrapati Sambhajinagar)–Parbhani section, and the third and fourth lines between Aluabari Road–New Jalpaiguri and Dangoaposi–J..

NDR InvIT Opens Rs 1.2 Billion Logistics Hub in South Goa

NDR InvIT Trust, an infrastructure investment trust listed on the National Stock Exchange, has inaugurated a 2.35 lakh square foot warehousing facility in South Goa. The new development, located at NDR Varama Sir on Verna Airport Road, will support a leading quick commerce company with 1.06 lakh sq ft of space and a third-party logistics firm handling fast-moving consumer goods (FMCG) with 1.24 lakh sq ft, according to a company spokesperson.With this expansion, NDR InvIT further consolidates its presence in Goa, where it now operates the state’s largest warehousing and industrial park portf..

India Tightens Rules on Wind Turbine Parts and Data Use

India has imposed stringent new rules on wind turbine equipment manufacturers, requiring them to locally source critical components and comply with strict data localisation regulations, according to a Ministry of New and Renewable Energy (MNRE) notification issued late Thursday.Manufacturers must now procure key components—including blades, towers, generators, gearboxes, and special bearings—from vendors listed in the upcoming Approved List of Models and Manufacturers (ALMM), which the ministry will issue separately.A technical team set up by MNRE will conduct inspections, and a separate s..