Metro extension work between Badi Chaupar and Transport Nagar halted

Nibe Gets DRDO Tech Licence for Modular Bridging Systems

Nibe Limited has signed a licensing agreement with the Defence Research and Development Organisation (DRDO), through its Research & Development Establishment (Engineers) in Pune, for the transfer of technology to manufacture the advanced “Modular Bridging System”. This development marks a key step in strengthening indigenous defence capabilities under the Government of India’s "Make in India" and "Atmanirbhar Bharat" initiatives.The Modular Bridging System is a sophisticated, mechanically launched mobile bridge engineered by DRDO. Designed to span distances from 14 to 46 metres, it a..

JEM Launches First Showroom in Bengaluru for e-LCVs

Jupiter Electric Mobility Pvt. Ltd. (JEM), the electric commercial vehicle subsidiary of Jupiter Wagons Ltd., has inaugurated its first showroom in Jayanagar, Bengaluru, unveiling its flagship electric light commercial vehicle (e-LCV), the JEM TEZ. This marks the company’s formal entry into one of India’s most dynamic urban logistics markets and underscores its commitment to enabling clean and sustainable transportation solutions.The Jayanagar facility functions as an experience centre offering sales consultation, financing support, after-sales service, and on-site test drives. Strategical..

Mizuho to Acquire Avendus Capital for $700 Million

Japanese financial major Mizuho Financial Group is poised to acquire KKR-backed Indian investment bank Avendus Capital in a deal reportedly valued at Rs 60 billion (approximately $700 million), marking Mizuho’s largest-ever investment in India.The agreement follows extensive negotiations and is expected to be formally announced during Mizuho CEO Masahiro Kihara’s visit to India this week. The deal will see KKR exit its 60 per cent stake in Avendus, along with early investors and co-founder Ranu Vohra. Founders Kaushal Aggarwal and Gaurav Deepak will continue to lead operations, though Mizu..