Vadhavan Port to Boost India’s Global Maritime Position

InvITs AUM May Cross Rs8 Trillion by FY27

India’s Infrastructure Investment Trusts (InvITs) are entering a fresh growth phase, with assets under management (AUM) projected to exceed Rs8 trillion by FY27, up from around Rs6.3 trillion in FY25. This rise is largely driven by mature InvITs acquiring high-quality infrastructure assets, particularly in the road sector, which is expected to account for nearly 80 per cent of the incremental AUM.While the wave of acquisitions is set to push leverage levels to approximately 50 per cent, credit profiles remain stable, supported by predictable cash flows, long asset lives, and regulatory safeg..

Steel Ministry Schedules Open House on Import Norms

The Ministry of Steel will host an Open House on 29–30 July 2025 at the Steel Room, Udyog Bhavan, New Delhi, to discuss issues related to Steel Import Monitoring System (SIMS), Quality Control Orders (QCOs), and No Objection Certificates (NOCs) for steel imports.Companies and industry associations are invited to present their concerns by securing a time slot via email at tech-steel[at]nic[dot]in. Specific time slots will be allocated through email communication, and walk-ins will not be allowed due to logistical limitations.Each industry association may request one time slot to represent mem..

Adani, Mettube in Copper Tube JV for HVAC Sector

Adani Enterprises has entered into a share purchase and shareholders’ agreement with Mettube Mauritius, part of the Metdist Group, to manufacture copper tubes in India for the heating, ventilation, and air conditioning (HVAC) industry.As part of the arrangement, Adani Enterprises will divest a 50 per cent stake in its wholly owned subsidiary, Kutch Copper Tubes, to Mettube. Simultaneously, Adani will acquire a 50 per cent stake in Mettube Copper India, a wholly owned subsidiary of Mettube, which operates a copper tube manufacturing plant near Ahmedabad. Financial terms of the transaction wer..