Interchanging corridors to make commuting easier in Kolkata metro

Adani Ports, Airports May Raise $250 Mn from MUFG Amid US Scrutiny

Two entities under the Adani Group are in advanced negotiations to secure around $250 million in offshore bilateral loans from Mitsubishi UFJ Financial Group (MUFG), according to a Bloomberg report citing sources familiar with the matter.Adani Ports and Special Economic Zone is expected to raise approximately $100 million, while Adani Airport Holdings aims to secure about $150 million. The agreement related to the ports business could be finalised as early as this week. In addition to MUFG, both companies are also reportedly exploring funding options with other Japanese banks.This marks MUFGâ€..

Sterling Opens Boutique Business Hotel GK Exotica in Dehradun

Sterling Holiday Resorts has announced the opening of Sterling GK Exotica, Dehradun, a premium 36-key boutique hotel located in the heart of the city on Saharanpur Road.This marks Sterling’s ninth resort in Uttarakhand and second property in Dehradun, reinforcing its presence in the region and its growing portfolio of business-cum-leisure properties.Just 5 hours from Delhi NCR and 6 from Chandigarh, the hotel offers seamless access to Haridwar, Roorkee, and Saharanpur. With panoramic views of the Shivalik range and a strategic city-centre location, the hotel caters to both corporate travelle..

JTL to Add 3 Lakh MTPA ERW Line, Targeting Rs 7,000+ Margin, 500 SKUs

JTL Industries is pleased to announce a significant capacity expansion initiative with the planned commissioning of a new Electric Resistance Welded (ERW) pipe manufacturing line, specifically targeted to serve the ASTM/API-grade pipe market.This facility will add a substantial annual capacity of 3,00,000 MTPA, strengthening JTL’s position in the value-added and high-strength steel pipe segments. The new line is scheduled to be fully installed and operational within 12 months.Commenting on the development, the management of JTL Industries stated:“This strategic investment reflects our comm..