IL&FS to Monetize Stake in Delhi-Noida DND Flyover

12 Apr 2024 CW Team

IL&FS, the infrastructure development and finance company, has announced its intention to monetize its stake in the Delhi-Noida DND Flyover. The move is part of IL&FS's strategy to mobilise funds for infrastructure projects and streamline its financial operations.

The Delhi-Noida DND Flyover is a vital link connecting the national capital, Delhi, to the satellite city of Noida in Uttar Pradesh. IL&FS's decision to monetize its stake in this strategic infrastructure asset signifies its commitment to unlocking value and optimising resources.

The monetization of IL&FS's stake in the DND Flyover is expected to attract interest from investors seeking opportunities in the infrastructure sector. The proceeds from the stake sale could be utilised for further infrastructure development initiatives, contributing to economic growth and enhancing connectivity in the region.

IL&FS's move aligns with broader efforts to revitalise the infrastructure sector and attract private investment in public projects. By leveraging the value of existing assets, IL&FS aims to catalyse infrastructure development and create sustainable long-term value for stakeholders.

As IL&FS progresses with its plans to monetize its stake in the Delhi-Noida DND Flyover, stakeholders anticipate positive outcomes for infrastructure development in the region. The move reflects IL&FS's commitment to driving economic progress through strategic initiatives in the infrastructure domain.

Real Estate

11 Nov 2025

Hettich Showcases ‘Magical Motion’ Innovations at Acetech 2025

Staying true to its promise of ‘Magical Interior Experiences’, Hettich unveiled a futuristic showcase at Acetech 2025, reimagining the future of modern living and workspaces through innovative German engineering. As an Associate Partner, Hettich’s exhibit captivated visitors with the SpinLines family, headlined by its latest innovation — RoomSpin. This choreographed interior system transforms entire spaces within seconds by rotating room modules to create dynamic, flexible environments. Engineered with precision turning and swivelling mechanisms, it enables architects and designer..

HPWWI, Biesse Partner to Boost Woodworking Skill Development

The Hettich Poddar Wood Working Institute (HPWWI) has signed a Memorandum of Understanding (MoU) with Biesse, strengthening efforts to advance skill development in India’s woodworking sector.The partnership will enhance training in advanced woodworking machinery, helping learners integrate modern technology into traditional craftsmanship. It marks the second collaboration between HPWWI and Biesse — after Faridabad — now expanding to Bhandup, Mumbai, symbolising Biesse’s entry into India’s financial capital.Mr Amit Prasad, CHRO, Hettich India & Director, HPWWI, said, “At HPWWI, ..

ITA launches India programme to boost clean industry projects

The Industrial Transition Accelerator (ITA) has launched its India Project Support Programme and released the India Insights Briefing: Unlocking India’s Clean Industrialisation Opportunity, developed with Boston Consulting Group (BCG). The initiative seeks to accelerate investment-ready decarbonisation projects and drive low-carbon growth across India’s key industrial sectors. A global multi-stakeholder initiative launched at COP28, the ITA’s new programme aims to fast-track flagship industrial projects in sectors such as chemicals, steel, cement, aluminium, aviation, and shipping, supp..