State Finance Minister urges BJP for metro rail approval

23 Feb 2024 CW Team

In a significant stride towards preparing for the launch of Phase-IV corridors of the Delhi Metro, the Delhi Metro Rail Corporation (DMRC) unveiled its advanced integrated Operation Control Centre (OCC) at Metro Bhawan, the corporation's headquarters.

The state-of-the-art OCC, inaugurated by Vikas Kumar, Managing Director of DMRC, in the presence of other senior officials, signifies a pivotal advancement in metro operations management.

The OCC offers comprehensive remote monitoring and control capabilities for the entire Metro system, including rolling stock, stations, signals, and tracks, along with concourse and platform level surveillance. This ensures continuous monitoring of both passengers and system operations from the OCC.

Situated on the 3rd Floor of Metro Bhawan, the new OCC will not only oversee the operations of the existing Red Line (Line-1: Rithala to Shaheed Sthal New Bus Adda) and Yellow Line (Line-2: SamaypurBadli to Millennium City Centre Gurugram) networks but will also manage train movements on the upcoming corridors of Phase IV, such as Delhi Aerocity to Tughlakabad, Rithala - Bawana-Narela-Kundli, and Lajpat Nagar-Saket G Block, upon their public launch.

This infrastructure development addresses the need for a centralized control room to manage the forthcoming new corridors under Phase-4 effectively.

Previously, OCC for the Red and Yellow Lines operated from Shastri Park Metro station, while OCCs for other operational Lines were situated on the 4th and 6th floors of Metro Bhawan. However, with the inauguration of this new OCC, the entire DMRC network will now be centrally controlled from DMRC's headquarters at Metro Bhawan, facilitating integrated management and streamlined operations.

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..