Tamil Nadu seeks Rs 750 billion investments in aerospace

Actis and Mahindra Lifespace to Partially Exit, Anticipate Rs 1.20 Bn

Actis and Mahindra Lifespace are set to strategically make a partial exit, anticipating an infusion of Rs 1.20 billion from Mahindra Homes.

This calculated financial manoeuvre indicates a pragmatic approach within the real estate sector, reflecting the dynamic nature of investments and partnerships in the industry.

The planned exit emphasises financial agility and aligns with broader strategies for optimising returns in the evolving real estate landscape. ..

Punjab mega cement plant investments await approval

JSW Group and Vedanta have made significant investments in establishing cement plants in Punjab, awaiting approval from the state government, according to informed sources. Talwandi Sabo Power Plant (TSPL), a Vedanta Group company, plans to invest around Rs 100 billion to set up cement manufacturing plants in Punjab. TSPL intends to establish multiple cement plants near its existing power plant in Mansa district, with one of these plants being set up by JSW Group. The cement production will utilise fly ash from TSPL's power plant.

Despite the potential to create over 2,000 jobs in Pun..

Punjab mega cement plant investments await approval

JSW Group and Vedanta have made significant investments in establishing cement plants in Punjab, awaiting approval from the state government, according to informed sources. Talwandi Sabo Power Plant (TSPL), a Vedanta Group company, plans to invest around Rs 100 billion to set up cement manufacturing plants in Punjab. TSPL intends to establish multiple cement plants near its existing power plant in Mansa district, with one of these plants being set up by JSW Group. The cement production will utilise fly ash from TSPL's power plant.

Despite the potential to create over 2,000 jobs in Punj..

Noida Airport to be linked by expressway, rapid rail, and pod taxi

The construction of Noida International Airport, also known as Jewar airport, was in its final stages, and passenger services were expected to begin in October. The airport would be linked by six roads and a rapid rail-cum-metro, in addition to pod taxis.

Upon completion, the Noida airport was projected to be the largest in India and the third in the National Capital Region (NCR) after Delhi airport and Hindon airbase in Ghaziabad.

A 31-km greenfield expressway was being built to connect the airport to the Delhi-Mumbai Expressway at Ballabhgarh.

The National Highway Aut..

Nagpur Airport: Mihan Dream grounded, vantage point lost

Nagpur's unique and strategic central location was once lauded for placing it on the nation's aviation map. It was hailed for its efforts in creating a harmonized air traffic management system with continuous airspace over the city, alongside establishing a centralized cargo hub. However, Dr Babasaheb Ambedkar International Airport is currently mired in apathy and has seemingly vanished from the national radar across various parameters, barely meeting the standards expected of a tier-2 city airport.

The airport, bearing its international tag, serves merely two flights to two foreign de..