Rahee Infratech starts Mumbai Metro Line-9 track work at Miragaon

26 Aug 2024 CW Team

Rahee Infratech commenced ballastless track casting for Mumbai Metro's 11.38 km Line-9, a significant step in the project that will link Dahisar East and Mira Bhayandar with eight elevated stations. The standard gauge rails of 1435 mm, part of Package CA-167, will be installed by Rahee on the northern extension of the city's new 31.05 km Red Line. This line will eventually connect Mira Bhayandar, Dahisar East, Andheri East, and CSMIA Terminal 2 through 23 stations. The elevated section of Line-9 is being constructed by J Kumar Infraprojects under civil Package CA-48, a project that began in March 2020. The first U-girder for the viaduct, which includes several double-decker sections, was launched in April 2021. In March 2024, Rahee was awarded the Rs 778.5 million track-work contract for Line-9 by the Mumbai Metropolitan Region Development Authority (MMRDA), with a completion deadline of 1.5 years. Additionally, Leena Powertech Engineers was declared the lowest bidder for Line-7A and Line-9's electrification contract (CA-176) in July. However, it's expected to be another 2.5 years before both extensions of the Red Line are operational. (Metrorailguy)

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..