UP to Build 102 roads in Lucknow and Varanasi Under TAVY Scheme

18 Apr 2025 CW Team

In a significant push for infrastructure development, Uttar Pradesh鈥檚 capital, Lucknow, and Prime Minister Narendra Modi鈥檚 parliamentary constituency, Varanasi, will see 102 new roads constructed under the Tivirik Aarthik Vikas Yojana for FY 2025鈥�26. The action plan for the project has already been finalised.

As per the plan, 25 roads will be built in Lucknow and 77 in Varanasi. The Rural Engineering Department has been appointed as the nodal agency for the project, with letters sent to the District Magistrates of both districts.

The construction work will begin only after receiving necessary environmental clearances and approvals. The project will also include proper drainage systems alongside the roads.

In Lucknow, roads will be developed in areas like Bakshi Ka Talab, Malihabad, and Sarojini Nagar. In Varanasi, the development will cover Pindra, Narayanpur, Sarnath, and Sarasoli.

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..