GeM to organize district-level buyer-seller workshops in Uttar Pradesh

Government e-Marketplace (GeM), India’s premier online procurement platform, is taking a significant step towards enhancing buyer-seller engagement in Uttar Pradesh. GeM has announced the organization of Buyer-Seller Workshops in all 75 districts of the state, starting from June 12th and continuing until August 31st, 2023. These workshops aim to empower buyers and sellers by improving…

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Nitin Gadkari unveils four infrastructure projects worth Rs 1450 crore in Assam

In a momentous development for Assam’s infrastructure, Nitin Gadkari, the Union Minister for Road Transport and Highways, inaugurated the 4-Lane Section between Nagaon Bypass-Teliagaon and Teliagaon-Rangagara. Moreover, Nitin Gadkari took part in the ceremony by laying the foundation stones for two significant projects in Assam: the Mangaldai Bypass and the 4-lane section that links Daboka…

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Innovative measures adopted for Sinnar-Shirdi Highway with construction focus on sustainability

As part of the ongoing development of the Sinnar-Shirdi highway in Maharashtra, a range of groundbreaking techniques have been employed to ensure sustainability and optimize resources. These measures encompass the efficient utilization of plastic waste in the construction of service roads, the implementation of advanced methods like Cement Treated Base (CTB) and Cement Treated Sub…

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Hyderabad leads in new Office Space influx, Bengaluru sees mixed performance in FY23

The commercial office space market in the top 7 cities had a mixed performance in FY 2023, with the first half outperforming the second half. Recent data from ANAROCK Research reveals that Hyderabad surpassed Bengaluru with the highest influx of new office supply in FY 23. In FY 23, Hyderabad received approximately 14.94 million square…

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Government grants waivers to offshore wind and green energy projects

Boosting its renewable initiatives, the Government has made significant moves to support offshore wind energy projects and green hydrogen/green ammonia initiatives. The waiver of Inter-State Transmission Charges (ISTS) has been extended to promote the expansion of these projects and encourage renewable energy uptake from Energy Storage System Projects. According to the Ministry of Power, off-shore…

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Ambuja Cements’ CSR Initiatives in Farakka yield positive social returns, reveals SROI Study

Ambuja Cements, a leading cement and building material company of the Adani Group, has unveiled the results of a recent Social Return on Investment (SROI) study, showcasing the significant impact of its CSR initiatives in Farakka, West Bengal. Conducted by the Centre of Excellence for Sustainable Development (CESD) in New Delhi, the study analyzed the…

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Oil India registers robust growth during FY22-23

Oil India Limited (OIL) has announced its financial results for the fiscal year 2022-23, achieving a significant milestone with its highest-ever net profit since the company’s inception. The company reported a net profit of Rs. 6,810.40 crore, representing a remarkable surge of 75.20% year-on-year. This exceptional performance is attributed to increased operating income and robust…

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