Mopalwar-led firm lowest bidder for Mumbai Radio Club jetty
The Story in Brief Modern Engineering & Projects Limited, headed by former IAS officer Radheshyam Mopalwar, has quoted Rs 204.99 crore to build a passenger and tourism jetty near Mumbai’s
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Tax bill in Lok Sabha: REIT, InvIT dividends get exemption
The Lok Sabha on August 6 passed the Taxation and Other Laws (Amendment) Bill, 2026, which exempts dividends paid by Special Purpose Vehicles (SPVs) to Real Estate Investment Trusts (REITs) and Infrastructure…
12,300km of Oil Pipelines Under Construction Worldwide
About 12,300km of oil pipelines are under construction globally, with another 20,100km proposed, according to Global Energy Monitor. The projects expand a network already spanning roughly 350,000km and reflect efforts to avoid…
Cabinet clears Rs 8,970 crore Guwahati-Tezpur highway in Assam
The Union Cabinet on Thursday approved a Rs 8,970.2 crore, 135.87-km four-lane access-controlled highway between Baihata Chariali near Guwahati and Tezpur in Assam. The NH-15 corridor will be built under the build-operate-transfer…
Indonesia to Take 60% Control of China-Funded Whoosh Railway
Indonesia will take a controlling 60% stake in PT KCIC, operator of the $7.3 billion Whoosh high-speed railway linking Jakarta and Bandung, Finance Minister Purbaya Yudhi Sadewa said. Chinese state-owned firms will…
PNC Infratech Wins Rs 3,483 Crore NHAI Projects During Probe
PNC Infratech has signed two NHAI concession agreements worth Rs 3,483 crore for four-lane NH-927 projects in Uttar Pradesh, India Today reports. The Barabanki-Mustafabad and Mustafabad-Biswan stretches are due for completion within…
Indore Metro Begins Assembly of Thailand-Made Tunnel Boring Machine
A 1,000-tonne tunnel boring machine imported from Thailand is being assembled in Indore for the metro’s first underground corridor between the Airport and Kalani Nagar. Officials expect assembly to take about a…
Naidu Seeks Micro-Level Plans for Visakhapatnam Economic Region
Andhra Pradesh Chief Minister N. Chandrababu Naidu has asked officials to prepare micro-level development plans for the Visakhapatnam Economic Region. The plans will cover infrastructure, industry, tourism, employment and balanced growth, while…
Maharashtra Panel to Review Rail Route Near GMRT
The Maharashtra government has formed a four-member committee, chaired by former Atomic Energy Commission chief Anil Kakodkar, to assess the proposed Pune-Ahilyanagar-Nashik semi-high-speed railway’s impact on the Giant Metrewave Radio Telescope at…
Bondada Engineering Q1 profit rises 29% to Rs 53.94 crore
Bondada Engineering’s consolidated net profit rose 29% year on year to Rs 53.94 crore in the June quarter of FY27, The Hindu reports. Revenue from operations increased 24% to Rs 691.65 crore.…
