Namma Metro Blue Line set to extend till Airport City
India Seals Rs 50.83 bn Defence Deal For ALH Mk-III And Shtil
India has finalised a defence procurement valued at Rs 50.83 billion (bn) aimed at strengthening aerial and maritime capabilities. The package covers Advanced Light Helicopter Mark III and Shtil shipborne missile systems. The move reflects a continued focus on modernisation of forces and onshore maintenance capacities. The procurement is expected to support operational readiness and to stimulate maintenance and supply chain ecosystems tasked with sustaining the platforms.\n\nThe Advanced Light Helicopter Mark III is expected to enhance rotary wing operations across multiple roles including sur..
Madurai Plans Major EV Infrastructure Boost
Madurai municipal authorities have unveiled a plan to accelerate electric vehicle infrastructure across the city. The initiative aims to expand public charging networks, support private investment and create an enabling environment for wider adoption. Officials have set priorities that include accessibility, affordability and integration with urban mobility plans. Stakeholders will be consulted to align the plan with local needs and land use. The programme will prioritise deployment of charging points in commercial centres and at transport hubs. Emphasis will be placed on fast charging capacit..
IIFCL To Raise One Point Six Billion Dollars For Infrastructure
India Infrastructure Finance Company Limited plans to raise one point six billion dollars in a resource mobilisation drive to support infrastructure development. The amount was described as about Rs 145 billion and the firm said it would mobilise funds from multilateral agencies and overseas investors to build a diversified, cost effective long term funding base. The managing director said the focus will be on securing competitive long tenor funds aligned with the loan book.\n\nUntil December, the company mobilised JPY 26 billion from SMBC as external commercial borrowing, equivalent to around..

