Tata Capital Financial Services to raise Rs 70 billion through NCDs

Nod for Rs. 36.26 billion Expansion of Pune Metro Line 2

The Union Cabinet has approved the Rs.36.26 billion expansion of Pune Metro Line 2, adding 12.75 km of track and 13 new stations to improve east–west connectivity across the city.The project aims to link Pune’s urban core with rapidly growing suburbs, supporting the city’s rising demand for efficient and sustainable transport solutions. This expansion is part of Corridor 2 of the Pune Metro and includes two key routes: Vanaz to Chandani Chowk (Corridor 2A) and Ramwadi to Wagholi/Vitthalwadi (Corridor 2B).It will connect residential, IT, and educational hubs in areas such as Bavdhan, Koth..

Assembly begins for ‘Nayak’ TBM on Thane– Borivali Twin Tunnel Project

The assembly of ‘Nayak’, the first of four Tunnel Boring Machines (TBMs) for the Thane–Borivali Twin Tube Tunnel Project, has commenced at the Thane site. Built by German firm Herrenknecht AG and deployed by Megha Engineering & Infrastructure (MEIL), the TBM marks a key milestone in Mumbai’s ambitious 11.8-km underground road corridor beneath Sanjay Gandhi National Park.The twin tunnels will reduce the Thane–Borivali travel distance by 12 km and decongest Thane Ghodbunder Road. ‘Nayak’, with a 13.2-metre diameter, is designed to bore through challenging geological conditions ..

Maharashtra approves Rs.207.87 billion for Shaktipeeth expressway

The Maharashtra cabinet has approved Rs. 207.87 billion for land acquisition for the 802-km Shaktipeeth Expressway, which will connect Pavnar in Wardha district to Patradevi on the Maharashtra–Goa border.The corridor will pass through 12 districts, including Yavatmal, Nanded, Latur, Solapur, and Sindhudurg, and link with the Konkan Expressway. The expressway, aimed at enhancing religious tourism and regional connectivity, is expected to reduce travel time between Nagpur and Goa from 18 to 8 hours.It will connect major pilgrimage destinations such as Mahur, Tuljapur, Kolhapur, Ambajogai, Pand..