Indian Billionaire Boosts Dar Port

13 Feb 2024 CW Team

In a bid to strengthen ties and contribute to the economic growth of Tanzania, Indian billionaire has successfully acquired TICTS, a pivotal player in the Dar es Salaam port operations. The billionaire's vision aligns with bolstering trade and commerce, aiming to elevate the port's efficiency and expand its capacity to accommodate the growing demand.

This strategic move is poised to enhance Tanzania's maritime infrastructure, facilitating smoother import and export processes. The acquisition comes at a time when the Dar es Salaam port plays a crucial role in the East African region, serving as a gateway for goods and trade. The Indian Billionaire is set to bring his business acumen and expertise to fortify the port's position as a key trade hub.

The billionaire's commitment to fostering economic collaboration between India and Tanzania is evident, as the acquisition is expected to create employment opportunities and stimulate economic growth in the region. This venture not only underscores Indian billionaire's business prowess but also showcases the potential for mutually beneficial partnerships between Indian entrepreneurs and African economies.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..