Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.
The private sector's new project announcements in the quarter ending March were among the highest on record. The value of new private sector project announcements for the three months ending March 2024 was Rs 9.8 trillion, shows data from tracker Centre for Monitoring Indian Economy (CMIE). This is the second-highest on record in data going back to 2009.
As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report. The ministry of statistics and programme implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,736 such projects, 449 reported cost overruns and 547 were delayed.
The closed-door luncheon meeting came amid escalating tensions between Israel and Iran with Trump exploring Washington's possible involvement.
This came after Pakistan People's Party chairman Bilawal Bhutto Zardari on Saturday stated that Pakistan's Prime Minister Shehbaz Sharif had tasked him to lead a delegation to present Pakistan's case on the recent escalations of tensions between the two nations.
The ongoing survey for the Dharavi Redevelopment Project has surpassed the scope of the 2007-08 survey, with over 63,000 tenements already mapped. The survey, which includes ground floor and upper floor structures, aims to provide housing for all residents of Dharavi, including those in existing SRA buildings and on RLDA Land. The project, undertaken by Navbharat Mega Developers Private Limited (NMDPL), aims to construct nearly 1.5 lakh tenements to accommodate the growing population of Dharavi.
India's bid to host the 2036 Olympics is not merely an attempt to make a statement internationally but also a well thought out plan to create world-class infrastructure, said Minister of State for Sports Raksha Khadse.
Jaishankar said such a description would be like putting the perpetrator and the victim of the Pahalgam attack at the same level.
Dining today isn't just about food -- it's about the experience and the story.
India faces a shortfall of as much as $190bn in financing key infrastructure projects as the global crisis chokes off urgently needed capital, according to a study by McKinsey, the management consultants.
Kannappa is a bloated mess of a film that underutilises interesting story ideas, observes Arjun Menon.
Jammu and Kashmir Chief Minister Omar Abdullah has criticized the Congress party's objections to Electronic Voting Machines (EVMs), echoing the BJP's stance that questioning the machines' integrity is only acceptable when losing elections. Abdullah argues that parties should not contest elections if they don't trust the voting process. His comments highlight the growing friction between the National Conference and the Congress, their recent alliance partners in Jammu and Kashmir.
There is a need to set up independent regulatory authorities on energy, transport and urban infrastructure at the state level to ensure smooth implementation of infrastructure projects, especially those which are taken up on the PPP (public private partnership) model, said Vinayak Chatterjee, co-chairman of the CII National Council on Infrastructure and chairman of Feedback Ventures Limited.
NB-IoT provides cellular-based connectivity with wide coverage and low power consumption, making it ideal for large-scale smart metering deployments.
India has for the first time secured a place among the top 100 out of 167 countries ranked for their progress in achieving the Sustainable Development Goals (SDGs), according to a report published on Tuesday. According to the UN Sustainable Development Solutions Network's 10th and latest Sustainable Development Report (SDR), India ranks 99th on the 2025 SDG Index with a score of 67, while China ranks 49th with 74.4 and the US 44th with 75.2 points.
United States President Donald Trump will host Pakistan Army chief Asim Munir for lunch at the White House on Wednesday.
Queensland's Development Minister Anthony Lynham issued a statement on Sunday, saying the combined mine, rail and associated water infrastructure have all been declared "critical infrastructure" and the project's special "prescribed project" status has been renewed and expanded to include its water infrastructure.
According to Misri's statement, Modi said he could not accept the invitation due to a pre-existing schedule, and invited Trump to visit India for the Quad Summit, likely later this year.
India's strikes on Pakistan damaged runways and structures across at least six airfields, according to a visual analysis by The Washington Post, which experts said were the most significant attacks of their kind in decades of simmering conflict between the two nations.
'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'
The firm, which in recent years won the prestigious Zojila tunnel deal among other projects, forayed into city gas and acquired a media group, purchased electoral bonds of Rs 966 crore in total.
"I have appointed a task force to speedily identify the projects so that money can be frontloaded," she said.
The smartest homes are not the ones that dazzle with tech, but the ones that disappear into your daily life while quietly elevating it.
Adarsh Kumar, the son of a farmer and a Class 12 student from rural Bihar, is on a mission to build one of India's largest free skill development movements, powered only with a laptop, free Internet and his relentless determination.
Passenger vehicle retail sales in India witnessed a 7 per cent on-year decline in June as severe heatwave conditions resulted in 15 per cent less showroom walk-ins, industry body FADA said on Friday. Overall passenger vehicle registrations stood at 2,81,566 units last month, as compared to 3,02,000 units in June 2023. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment remains subdued due to extreme heat resulting in 15 per cent less walk-ins and delayed monsoons," the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
Adani Group on Wednesday said it will invest over Rs 12,400 crore in an array of projects including a data centre, clean energy project, and a cement plant in Telangana. The group signed four memorandums of understanding (MoUs) for the investments at the World Economic Forum in Davos in presence of Telangana Chief Minister Revanth Reddy and Adani Group chairman Gautam Adani. The conglomerate's flagship firm Adani Enterprises will invest Rs 5,000 crore in setting up a 100 MW data centre that will use green energy while its renewable energy unit Adani Green Energy Ltd will spend an equivalent amount in setting up two pump storage projects.
The Adani group will be generating almost 90 percent of its Ebitda (earnings before interest, tax, depreciation, and amortisation) from infrastructure business by 2025 as compared to 83 per cent generated from these businesses currently, top company officials told bankers recently. Of the infrastructure business, 49 per cent of the profits are currently contributed by energy and utility, another 25 per cent by transport and rest by cement and logistics businesses. This will go up substantially as several new projects like Navi Mumbai airport and other projects get commissioned and contribute to the overall Ebitda pie, bankers were told.
India expects partners to understand its policy of 'zero tolerance' against terrorism, and it will never countenance 'perpetrators of evil' being put on par with its victims, External Affairs Minister S Jaishankar said on Saturday during extensive talks with his British counterpart David Lammy.
The announcement on expansion of CPEC was made following a meeting among Chinese Foreign Minister Wang Yi, his Pakistani counterpart Ishaq Dar and Afghanistan's Acting Foreign Minister Amir Khan Muttaqi in Beijing, according to a Pakistani readout.
The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
A two-day board meeting of Maytas Infrastructure's six-member new board, which comprises four government-nominees, is likely to divest some projects nearing completion in a bid to raise funds to complete other assignments.
The Nyoma airfield, which will be one of the world's highest, will sharpen the IAF's capability along the northern border.
Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.
India's priority was investments by Japanese companies in infrastructure projects like Delhi Metro Rail.
As many as 403 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.05 lakh crore owing to delays and other reasons, according to a report.
