Kolkata metro project: Govt permits RVNL to import 5,000 tonnes of steel

Fusion Finance’s Rs 8 Bn Rights Issue Subscribed 1.5 Times

Fusion Finance Limited, a leading Non-Banking Financial Company-Microfinance Institution (NBFC-MFI), has successfully concluded its partly paid-up rights issue, raising Rs eight billion. Launched on fifteen April twenty twenty-five, the issue was subscribed 1.5 times, demonstrating strong support from institutional investors.The issue included over sixty-one million partly paid-up equity shares priced at Rs 131 per share, with a premium of Rs 121. The funds will enhance capital adequacy and reinforce Fusion’s position as one of India’s most well-capitalised microfinance institutions.The co..

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...