Relaxation in cabotage law to benefit Indian ports

Centre Clears Rs 106 Bn J&K Road, Tunnel Push

The Union Government has approved nineteen road and tunnel schemes worth about Rs 106.4 billion for Jammu and Kashmir, promising faster journeys and reliable, year-round access to several frontier districts along the Line of Control. Union Road Transport and Highways Minister Nitin Gadkari gave the green light to the package, which covers 296 kilometres of new or upgraded corridors.Headline project is the Rs 38.3 billion Peer-Ki-Gali tunnel, an alternative all-weather route between the Kashmir Valley and the rest of India. The Rs 33.3 billion Sadhana tunnel will secure round-the-year travel to..

PPP Planned To Rejuvenate Arkavathi River At Rs 25–30 Bn

The Bangalore Water Supply and Sewerage Board (BWSSB) has drawn up a public–private partnership scheme to revive the once-vital Arkavathi River, modelling the effort on Ahmedabad’s Sabarmati riverfront. A preliminary survey pegs the investment at Rs 25–30 billion and a detailed project report (DPR) is due by December 2025. Covering 53.7 km from Nandi Hills to Tippagondanahalli, the blueprint spans 1 449 sq km across Bengaluru Urban, Mandya, Chikkaballapur and Ramanagara districts, touching 734 villages, 77 settlements, ten lakes and 13 industrial belts. Key works include flood contr..

Reliance Infra Clears Rs 2.73 Bn Debt for JR Toll Road

Reliance Infrastructure announced on Monday that its wholly-owned subsidiary, JR Toll Road Private Ltd (JRTR), has fully settled a debt of Rs 2.73 billion—including interest—owed to Yes Bank Ltd (YBL).The settlement, formalised through an addendum to a prior agreement, marks the complete discharge of JRTR’s outstanding obligations to the lender. As part of the same agreement, Reliance Infrastructure's corporate guarantee for the loan has also been entirely released.In its regulatory filing, Reliance Infrastructure clarified that Yes Bank does not hold any shares in the company and is nei..