CUMTA awaits TN approval to assume MRTS on 'As Is Where Is' basis

NHAI Unveils First Asset Monetisation Strategy for Road Sector

In a major step towards financial innovation in infrastructure, the National Highways Authority of India (NHAI) has released its first-ever Asset Monetisation Strategy for the Road Sector. The strategy aims to unlock the value of operational national highways and attract greater private sector participation via Public Private Partnership (PPP) models. The document outlines a comprehensive framework for raising capital through Toll-Operate-Transfer (ToT), Infrastructure Investment Trusts (InvITs), and securitisation. These instruments have already helped NHAI mobilise over Rs 1.4 trillion ..

IHCL Signs Vivanta Hotel in Mysuru to Expand Karnataka Presence

Indian Hotels Company (IHCL), India’s largest hospitality company, has signed a new greenfield hotel in Mysuru under the Vivanta brand. This marks a strategic addition to IHCL’s growing footprint in Karnataka. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Mysuru, with its cultural heritage and diverse economy, is emerging as a key urban hub. Infrastructure upgrades like the Bengaluru-Mysuru Expressway are further catalysing travel and tourism. This signing aligns with our strategy of expanding in high-potential destinations. We are pleased ..

Liebherr Wheel Loaders and Circular Economy in Switzerland

Every year, the Verein für Abfallentsorgung (Association for Waste Disposal, or VfA for short) processes around 50,000 m³ of green waste in the Swiss canton of St. Gallen. A decomposition process lasting several months results in the finest fresh compost, which is refined by the company Terre Suisse, as one of several customers, in further processing steps to form high-quality substrates and potting soil. Both the latest generation and older models of mid-sized Liebherr wheel loaders play an important role in this production process, especially when it comes to loading and heaping soil. They..