Fadnavis Inaugurates Key Projects Worth Rs 2.2 Billion in Hingoli

03 Jun 2025 CW Team

Maharashtra Deputy Chief Minister Devendra Fadnavis inaugurated multiple development projects in Hingoli on Thursday at an event organised by the district administration at Ramlila Maidan. Several works were launched and foundation stones laid through an online system.

The new Hingoli Panchayat Samiti building, constructed at a cost of Rs 100 million, was officially inaugurated. It replaces the old Nizam-era structure, which had fallen into disrepair, and now offers improved facilities for staff and officials.

Fadnavis also laid the foundation stone for road projects totalling Rs 1.14 billion, and announced Rs 100 million in funding for the beautification of the Sant Namdev Maharaj temple at his birthplace, Narsi Namdev.

Additionally, he laid the foundation stone for a Government Medical College building and a new water supply scheme for Hingoli city, with a combined investment of Rs 840 million.

The event was attended by Minister of State Meghna Bordikar, MLAs Tanhaji Mutkule and Hemant Patil, BJP district president Gajanan Ghuge, Babarao Bangar, and Shivaji Mutkule.

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..