41 stations in Kerala to be upgraded, including Guruvayur

17 Jul 2023 CW Team

The two railway divisions in Kerala have been allocated Rs 303.54 crore out of the Rs 934 crore sanctioned for the Southern Railway, under the Indian Railways’ Amrit Bharat Station Scheme (ABSS).

Another good news for the state is that the Guruvayur Railway station too has been included in the scheme. A proposed design for the new station building, too, has been approved. The Thiruvananthapuram division got Rs 108 crore, while the Palakkad division was allocated Rs 195.54 crore under the ABS Scheme.

According to the Southern Railway spokesperson, 41 stations in the state will be getting upgraded with the introduction of new amenities.

“Amrit Bharat Station scheme aims to introduce new amenities for passengers as well as the upgradation of existing amenities. The following improvements are planned at the identified stations as part of Phase-I development under Amrit Bharat Scheme at the 90 railway stations in Southern Railway,” he said.

Consultancy contracts were awarded at a value of Rs 13.88 crore in 2022-23, and the scope of work includes the preparation of a Master plan envisaging the development of stations on a long-term basis, in a phased manner, with a long-term vision.

Master plans have been prepared by the consultant and approved by the Railway administration for all 90 stations. Based on this master plan, work to be done under Phase-I has been identified. Tenders for developmental works have been awarded for 35 stations, and the process for finalising tenders is in the final stages for the remaining stations. In this connection, Rs 934 crore have been sanctioned in 2023-24.

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..