NEWS

2024-05-06

Adani Enterprises' Q4 profit drops 38% due to roads segment

Adani Enterprises of India reported a nearly 38% decline in profit, citing weak performance in its roads segment and increased expenses. According t...

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2024-05-06

SEBI issues Show Cause to six Adani firms

Several Adani group companies have reportedly received show cause notices from the Securities and Exchange Board of India (SEBI) for alleged violation...

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2024-05-06

Adani's APSEZ plans port development in Philippines

The office of the President of the Philippines revealed that APSEZ, a firm under the Adani Group, expressed interest in developing a port in Bataan pr...

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2024-05-06

New method to measure highway construction may be introduced

A new method to measure highway construction may be introduced in India. The government is looking to modify its measuring method from ‘road km’ t...

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2024-05-06

MoRTH looks at record Rs.600 billion from monetisation in FY25

The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record Rs.600 billion from monetisation in the current fiscal. While t...

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2024-05-06

Lavasa creditors invoke DPIL's guarantee

Creditors to Lavasa Corp invoked the Rs.250 million performance bank guarantee (PGB) by Darwin Platform Infrastructure (DPIL), citing non-complianc...

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2024-05-06

NHAI Rejects Ludhiana MC's Highway Ad Proposal

The National Highways Authority of India (NHAI) has rebuffed Ludhiana Municipal Corporation's proposal to install advertisements on highway pillars. T...

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2024-05-06

Property Registrations Surge in Mumbai Region

The property market in the Mumbai region has experienced a notable upswing, with property registrations soaring by 11% in April 2024 compared to the p...

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2024-05-06

DMRC contracts Ayub Ali & Sons for Metro upkeep

In a significant development, it was announced that the Delhi Metro Rail Corporation (DMRC) had awarded a crucial Letter of Acceptance (LoA) to Ayub A...

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2024-05-06

Sikkim rail project reaches milestone with emergency exit tunnel completion

The Sivok-Rangpo Rail Project (SRRP), which will connect Sikkim to the railway network for the first time, has got a major boost with completion of an...

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