IRB Infra gets NHAI nod for transferring project to InvIT

Govt Unveils Rs 100 Billion PPP Fund for Infrastructure Growth

The Indian government has introduced a Rs 100 billion Public-Private Partnership (PPP) fund to boost infrastructure development. Additionally, states will receive an interest-free loan of Rs 1.5 trillion to support capital outlay for infrastructure projects.A fresh asset monetisation plan aims to raise Rs 10 trillion, encouraging greater private sector and investor participation. The Maritime Development Fund will cover up to 49% of project costs, with the remaining contribution from private entities or port trusts.The modified UDAN scheme will expand regional connectivity, while a Greenfield ..

Maharashtra Housing Societies Await Single-Window Clearance

Around 10,000 cooperative housing societies in Maharashtra, primarily in Mumbai, Thane, and Pune, are eager to begin self-redevelopment but are facing delays due to multiple clearance requirements. These societies, many over 30 years old, are waiting for the implementation of a single-window approval system to streamline the process. In 2019, the Maharashtra Housing Department proposed a single-window system to simplify approvals, with the Maharashtra State Cooperative Bank designated as the nodal agency. However, the system has yet to be implemented, leaving societies struggling with app..

AKSI Aerospace Partners with FIXAR for Drone Manufacturing in India

AKSI Aerospace Group has signed a strategic agreement with FIXAR Global for licensed drone manufacturing in India, with the deal valued at up to Rs 850 million. The agreement was formalised at Aero India 2025 in Bengaluru. The partnership strengthens India's self-reliance in drone manufacturing and positions the country as a key global production hub, said Pankaj Akula, Chairperson and CEO of AKSI Aerospace. Under the agreement, AKSI Aerospace will manufacture drones in India for both domestic and international markets. The company will leverage its expertise in indigenous development of cri..