UP CM lays inaugurates 6.05 bn infra projects in Ghaziabad
ECONOMY & POLICY

UP CM lays inaugurates 6.05 bn infra projects in Ghaziabad

Yogi Adityanath, Chief Minister, Uttar Pradesh, laid the foundation stone for numerous infrastructure projects worth 6.05 bn under the Ghaziabad municipal corporation through video conferencing from Luckn...

Yogi Adityanath, Chief Minister, Uttar Pradesh, laid the foundation stone for numerous infrastructure projects worth 6.05 bn under the Ghaziabad municipal corporation through video conferencing from Lucknow. He additionally rolled out the first five electric buses in the city, out of the total 50 allotted, which are ready to work on four dedicated routes shortly Adityanath dedicated four projects of 880 mn and performed ground-breaking ceremonies for several other projects of 5.17 bn. The programme comes ahead of the assembly elections in Uttar Pradesh in the coming months. Contact: Uttar Pradesh Government Website: up.gov.in

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Infrastructure Urban

PM Modi, Russian Deputy PM discuss strengthening trade, energy ties

Prime Minister Narendra Modi met with Russia’s First Deputy Prime Minister Denis Manturov to discuss ways to enhance bilateral cooperation, particularly in the areas of trade, energy, and connectivity. The meeting focused on strengthening the special and privileged strategic partnership between India and Russia, with both sides reaffirming their commitment to advancing mutual interests.PM Modi welcomed the ongoing efforts to implement agreements made during his recent meetings with Russian President Vladimir Putin. Both leaders emphasized the importance of continued collaboration to realize ..

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Technology

L&T Technology Services acquires US-based Intelliswift for $110 mn

L&T Technology Services (LTTS) has announced the acquisition of Silicon Valley-based Intelliswift for $110 million. The move aims to strengthen LTTS’ offerings in software product development, platform engineering, and digital integration, particularly in data and artificial intelligence (AI). Intelliswift serves high-profile clients across sectors like retail, fintech, and technology, including four of the top five hyperscalers and more than 25 Fortune 500 companies.With this acquisition, LTTS expands its client base and enhances its expertise in the fast-growing digital services market..

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Infrastructure Urban

Welspun Corp arm sells 5% stake in associate entity for about Rs 480 cr

Welspun Mauritius Holdings (WMHL), a subsidiary of Welspun Corp, has divested a 5% equity stake in East Pipes Integrated Company for Industry (EPIC) for 218.9 million Saudi Riyals (approximately Rs 480 crore). EPIC, based in Saudi Arabia, is a listed associate of Welspun Corp.The stake sale, which was executed in a series of negotiated trades on the Tadawul Stock Exchange, reduces WMHL’s stake in EPIC from 31.5% to 26.5%, though it remains the largest shareholder. The proceeds from the sale will be reinvested into Welspun's new subsidiary, Welspun Pipes Company, KSA, which is set to finance ..

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