Delhi CM Greenlights Phase 4 Metro Corridors MOU

BMC Issues Rs 23.7 Bn Tender for Deonar Waste Cleanup

The Brihanmumbai Municipal Corporation (BMC) has floated a major tender worth Rs 23.68 billion for the remediation of legacy waste at the Deonar dumping ground—infamously dubbed “Mount Garbage” due to waste piling as high as a 12-storey building. The project, one of the largest solid waste management initiatives in recent years, aims to clear decades-old waste from one of Mumbai’s oldest landfill sites.The project will focus on the bioremediation of 18.5 million tonnes of legacy waste and the disposal of excavated, processed, and segregated materials. The initiative is expected to recl..

Euler Motors Raises Rs 6.38 Bn, Hero Joins as Investor

Electric commercial vehicle startup Euler Motors has raised Rs 6.38 billion in its latest Series D funding round, with Hero MotoCorp joining as a key strategic investor. The round also saw continued participation from British International Investment (BII), the UK government’s development finance institution.The fresh capital will be used to scale up Euler’s sales and service network across India and accelerate the rollout of new electric vehicle (EV) models. The funding comes at a time of growing demand for electric commercial vehicles, particularly in e-commerce, retail, and last-mile de..

Centre Plans Rs 15 Bn Boost for NE Waterways by 2028

Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, has reaffirmed the Centre’s commitment to enhancing inland waterway infrastructure across Assam and the Northeast. During a review meeting with senior officials from the Ministry, the Inland Waterways Authority of India (IWAI), Cochin Shipyard Ltd (CSL), Public Works Department (PWD), and Indian Port Rail and Ropeway Corporation Ltd (IPRCL), Sonowal emphasised timely project completion aligned with Prime Minister Narendra Modi’s vision for Viksit Bharat.The Minister announced that over Rs 10 billion has already been inves..