Russia Encourages Indian Firms to Acquire Abandoned US, European Businesses

Ashwin Sheth Group Buys 50% Stake in One Marina

Mumbai-based real estate developer Ashwin Sheth Group has acquired a 50 per cent stake in the Rs 23 billion (USD 275 million) luxury residential project One Marina, located in South Mumbai’s upscale Marine Lines. The acquisition was announced on 11 June and marks a major move in the city's premium housing market.The stake was acquired from Vallabh Sheth and Jitendra Sheth, promoters of Sheth Creators, who previously co-owned the project along with YM Infra, the landowner. This acquisition was supported by a substantial USD 65 million (over Rs 5.4 billion) investment commitment from PAG Singa..

96km Rail Line to Link Rajasthan's Sirohi to Network

In a major step towards improving infrastructure in Rajasthan, the central government has approved the final location survey for a 96-kilometre railway line connecting Marwar Bagra (Jalore)–Sirohi–Swarupganj, thereby integrating Sirohi district into the national railway network for the first time.The approval, announced on Monday, marks a long-awaited development for tribal-dominated western Rajasthan. Sirohi, currently without a rail link, lies near the important Delhi–Ajmer–Abu Road–Ahmedabad corridor, while Jalore is already on the Samdari–Bhildi–Gandhidham route.Railway Minis..

Push Grows for Berhampur-Sambalpur Rail Via Phulbani

A coalition of social organisations under the Milita Kriya Anusthan Committee has stepped up its campaign for the construction of a Berhampur–Sambalpur (Rairkhol) railway line via Bhanjanagar and Phulbani, aiming to improve rail connectivity in southern Odisha.On Friday, the group launched a public awareness drive across Ganjam and Kandhamal districts, highlighting the urgent need for the proposed railway route. A "Vikash Rath" bus, carrying around 40 committee members, began its journey from the local railway station, stopping for public meetings in Hinjili, Aska, and Bhanjanagar, with a fo..