In an attempt to settle the ongoing allegations over the public shareholding norms, many of the groups associated with Adani have moved settlement applications with the Securities and Exchange Board of India (SEBI). These allegations are against the listed companies of the Adani Group that failed to abide by the mandated public shareholding norms. To date, SEBI is examining the …
There were several setbacks along the way.” The mega infrastructure project of the Brahmaputra River Jorhat-Majuli bridge connecting Majuli to Jorhat in Assam has been replete with obstacles. The Ministry of Road Transport and Highways recently made a very important decision; that is, to replace the current contractor engaged in the project, which stalled work on September 2023. After several …
The ambitious container terminal project of V.O. Chidambaranar Port Authority, headquartered at Thoothukudi in the state of Tamil Nadu, has once again gone in for a fresh tender. This time around, the port authority is looking at private investment to the tune of ₹7,055.95 crores to design and construct a 4-million-TEUs-capacity container terminal at its outer harbour of the port-a …
It’s well past due since a show-cause notice from the Airports Authority of India (AAI) has been issued to Delhi International Airport Ltd, the company operating the facilities, as per its detailed review of structural faults at the Terminal 1 (T1) of the Indira Gandhi International Airport (IGIA). It came after June 2024 witnessed the collapse of the roof that …
MeitY has further fast tracked the pace for empanelling agencies providing AI computing infrastructure and cloud services. This would be the first step toward innovations in artificial intelligence, which well may go to help democratise availability of AI resources and bring scalable computing powers to startups, researchers, students, and academicians to propel AI development in India. India AI Mission: Building …