Delhi Metro Phase Four Work Progresses, 70 Per Cent Complete

23 Apr 2025 CW Team

Delhi Metro Rail Corporation’s (DMRC) phase four expansion has gained momentum, with more than 70 per cent of civil construction completed across its three priority corridors.

A significant milestone is the near-completion of the 4.6 km Majlis Park to Jagatpur Village stretch, which includes three new stations—Burari, Jharoda Majra, and Jagatpur Village. Trial runs began in December 2024, and the section will open following statutory clearances. DMRC also reported major tunnel breakthroughs on the Aerocity-Tughlakabad corridor: Chhatarpur Mandir to IGNOU (1,475 metres and 1,460 metres) and Kishangarh to Vasant Kunj (1,550 metres).

Phase four’s first section, Janakpuri West-Krishna Park Extension, opened on 5 January. Work also commenced on the Rithala-Kundli corridor, a critical link. Phase four adds approximately 112 km to Delhi Metro’s network.

Source: DMRC

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..