SC Demands Ministry's File on Nagpur Ambedkar Airport Tender Process

21 Aug 2024 CW Team

The Supreme Court has directed the Ministry of Civil Aviation to submit its file notings on the tender process related to the Dr. Babasaheb Ambedkar International Airport in Nagpur. This request comes as part of an ongoing inquiry into the airport's tendering procedures, ensuring transparency and accountability in the process.

The court's order is aimed at reviewing the fairness of the tender process, which has come under scrutiny due to allegations of irregularities. The tender pertains to significant contracts for the development and modernization of the Nagpur airport, a crucial hub in central India. The court wants to ensure that all legal protocols were followed during the tendering.

The Ministry of Civil Aviation is expected to produce the relevant documentation, including file notes and decisions, which will be examined by the court. This move reflects the judiciary's commitment to maintaining transparency in public sector tenders, particularly in high-value infrastructure projects such as airports.

The ongoing legal review could impact the timeline of the Nagpur airport's development plans, as the court scrutinises the ministry's handling of the tender. The Supreme Court's involvement highlights the importance of ensuring a fair and competitive process, free from any undue influence or irregularities.

This decision is seen as a key step toward resolving concerns over the Nagpur airport project, ensuring that public interest is safeguarded in this major infrastructure initiative.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..