BLR Airport serves over 33 mn in 2018-19

The passenger traffic at Kempegowda International Airport, Bengaluru (BLR Airport) continues to grow at an incredible pace. At the end of FY 2018-19, a record 33.30 million passengers transited through…

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Eicher plans to expand in the African region

Eicher Trucks and Buses commemorated the long-standing association with the Africa region with its participation at the 14th edition CII- EXIM Bank Conclave on India Africa Project Partnership at Taj…

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Sale of 32 MW wind assets in Maharashtra

Tata Power Renewable Energy Limited (TPREL) has signed binding agreement to sell its 32 MW wind assets located in Satara District, Maharashtra.  Tata Power Company – Distribution (TPC-D) is under…

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Office space worth $35 bn under REIT

India currently has $35 billion worth of office spaces that are eligible to be listed under the Real Estate Investment Trust (REIT), according to property consultant JLL India. REIT is…

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GMR raises $300 mn for Airport Expansion

GMR Hyderabad International Airport Limited, a subsidiary of GMR Airports Limited, announced that it has successfully priced an offering of $300 million bond in the international bond market. GHIAL has…

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Nuvoco wins CFO100 Roll of Honour award

The Chief Financial Officer of Nuvoco Vistas Corp. Ltd., Maneesh Agrawal, awarded ‘CFO100 2019 Roll of Honour’ by CFO India. Nuvoco is one of country’s leading building materials and Agrawal…

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Shapoorji Pallonji buys Unitech’s power biz

Crisis-hit realty firm Unitech Ltd said that the company has sold its power transmission business to the Sterling and Wilson for Rs 100 crore. Unitech Power Transmission is in the…

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AIIB signs rural roads project with India

The Asian Infrastructure Investment Bank (AIIB) will provide a loan of $455 million to finance the Andhra Pradesh Rural Roads Project, which will be benefitting around two million people. An…

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Govt unveils new policy for stalled projects

The government has unveiled a policy for resolving stalled highway projects worth nearly Rs 30,000 crore. The move is aimed at unlocking money of both lenders and private players, including…

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Sterlite Power inks pact with Pampa project

Sterlite Power has signed an agreement for Pampa transmission project in Rio Grande do Sul, Brazil, an investment of Rs 1,394.79 crore. Completion of the project is in March 2023…

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IMO’s rule on electronic information

IMOA new global rule mandated by the International Maritime Organisation (IMO) for national governments to introduce electronic information exchange between ships and ports took effect. The rule seeks to make…

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Delhi’s IGI Airport to have an Air Train

Delhi International Airport Pvt Ltd (DIAL) has finalised the route for an “air train” — a dedicated Metro — connecting various terminals of the airport, Aerocity and the hotel centre. …

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JCB starts new dealership in Kochi

JCB India Limited, India’s leading manufacturer of Construction and Earthmoving equipment inaugurated the new Headquarters of its dealership, Popular JCB at Kochi. Spread over 40,000 sq ft, with built-up area…

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India has office space worth $35 billion

India currently has $35 billion worth of office spaces that are eligible to be listed under the Real Estate Investment Trust (REIT), according to property consultant JLL India. REIT is…

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Chennai Port creates record

The Chennai port has surpassed its own record in container handling. The East Coast’s gateway port handled 15.70 lakh TEUs (twenty-foot equivalent units) ahead of the fiscal closure. With the…

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