
Sundaram Alternates Closes First Corporate Credit Fund

Haryana CM, Union Minister Launch Phase 1 of Gurugram Metro Project
“The metro rail project will reduce congestion and pollution in the city. This is a historic day, and this project will transform the transport infrastructure of Gurugram and boost connectivity across NCR,” Saini said at the Gurugram University auditorium. Phase 1 will span 28.5 km from Millennium City Centre to Sector 101, with 15.22 km of viaduct and 15 stations along the route. The project, costing around Rs 56 billion, is expected to drive development in Gurugram, Manesar and Faridabad, Khattar noted. Pradeep Aggarwal, Founder & Chairman, Signature Global (India), said: ..

AXISCADES Subsidiary Bags $1m Pilot Orders From Hyperscalers
AXISCADES Technologies Limited announced that its subsidiary, Mistral Solutions Private Limited, has secured pilot contracts worth around USD 1 million (Rs 83 million) from two of the world’s largest hyperscalers.Though modest in scale, the company highlighted that the deals are strategically significant, offering annuity revenue streams and the potential for exponential growth.As part of the initiative, Mistral will:Develop production line testing equipment for global contract manufacturers linked to one hyperscaler.Build development test apparatus for audio products associated with the oth..

Andhra Pradesh Fast-Tracks Rs 149.6 Billion Power Network
Andhra Pradesh Energy Minister Gottipati Ravi Kumar announced on Wednesday that the state is accelerating a Rs 149.6 billion transmission network expansion to meet rising electricity demand.At a review meeting with APTRANSCO officials, the minister stressed the need for quality execution, strict monitoring, and timely delivery of projects across the 400 kV, 220 kV, and 132 kV grids. He set a goal of completing Rs 60 billion worth of projects by 2027, with regular reviews to address implementation challenges.Priority will be given to port-linked infrastructure, industrial zones, and the capital..