CCI Approves 10.04% Stake Sale in Aadhar Housing
Real Estate

CCI Approves 10.04% Stake Sale in Aadhar Housing

The Competition Commission of India has approved the sale of a 10.04 per cent stake in Aadhar Housing Finance. The approval clears the transaction under competition regulations, enabling the proposed share transfer to proceed. The deal is expected to support capital restructuring and ownership reali...

The Competition Commission of India has approved the sale of a 10.04 per cent stake in Aadhar Housing Finance. The approval clears the transaction under competition regulations, enabling the proposed share transfer to proceed. The deal is expected to support capital restructuring and ownership realignment within the housing finance company. Regulatory clearance marks a key milestone in the completion of the stake sale process.

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Infrastructure Urban

Cabinet Approves Two Year Scheme To Replace Old Trucks And Buses

The Union Cabinet, chaired by the Prime Minister, approved a two-year scheme to reduce air pollution in the Delhi–NCR region and promote cleaner mobility. The programme will be funded through the National Capital Region Planning Board under the Ministry of Housing and Urban Affairs and implemented by the Ministry of Road Transport and Highways and the Ministry of Petroleum and Natural Gas, with participating States and Union Territories of Delhi, Haryana, Rajasthan and Uttar Pradesh. The total financial outlay has been set at Rs 95.85 billion (bn), with the Central Government contributing Rs..

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Infrastructure Transport

Bengaluru Suburban Rail And Metro To Share 500-Metre Corridor

Bengaluru suburban rail and the Metro will share a 500-metre corridor at Benniganahalli, a decision that planners say will reduce capital expenditure and urban disruption. The consolidation of alignments across the short stretch is intended to avoid duplication of elevated structures and station facilities while cutting land acquisition needs. Authorities put the maximum savings at Rs 1.69 bn (1,690 mn). The arrangement also aims to streamline construction interfaces between the two systems. The shared corridor will require coordinated design of track beds, piers and passenger access so that s..

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Infrastructure Urban

DRDO And IAF Complete Successful RudraM-II Flight Tests

The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) have conducted successful flight tests of the RudraM-II air-to-surface missile from an airborne platform. The trials were carried out under extreme release conditions with a critical trajectory that established the capability of all subsystems. The series of releases tested the missile's guidance, seeker and propulsion elements in an operationally representative environment. The missiles, released from the aircraft, were guided to a predefined target with pinpoint accuracy and all test objectives were fully..

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