Mumbai Metro Line 9: Rahee Secures Track Work Contract

25 Sep 2023 CW Team

Rahee, a prominent player in the construction industry, has emerged victorious in securing the track work contract for Mumbai Metro Line 9, a major milestone in the city's expanding metro network. This development signifies a significant step forward in enhancing Mumbai's public transportation infrastructure. The contract, valued at approximately ?167 million, encompasses the design, supply, and installation of the rail tracks for Line 9. This metro line, once completed, will connect the northern and southern parts of Mumbai, easing congestion and reducing commute times for millions of residents.This achievement reaffirms Rahee's commitment to delivering high-quality infrastructure solutions and underscores their pivotal role in shaping the urban landscape of Mumbai. The Mumbai Metro Line 9 project is part of the city's larger vision to create a seamless and efficient public transportation system, contributing to its economic growth and improving the overall quality of life for its residents.

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..