The Ministry of Steel is planning to set up ultra mega steel plants (UMSPs) on fast track in mineral-rich states.
FlashNews:
GAIL Signs MoU with KABIL to Boost Critical Minerals Collaboration
India’s First Private Orbital Rocket Vikram‑1 Set for July 18 Test Flight
NHAI Engages Consultants to Strengthen InvIT‑Led Highway O&M
Porbandar Shipbuilding Cluster, Vadinar Repair Facility Get Government Nod
AM/NS India and SVNIT Launch Programme to Build Industry‑Ready Talent in Surat
Naidu Fast‑Tracks Dholera International Airport Operationalisation
KEC International Secures First Data Centre Line Order in ₹1.18 Billion Wins
Railway Minister Vaishnaw Unveils Eight New Freight Reforms
REC, CPRI Partner to Boost Quality Assurance under RDSS
HPCL Strengthens Ethanol Quality Checks with 3,651 Surprise Inspections
India’s Drone Challenge 2.0 Empowers Students to Build Smarter Drones on Indigenous Chips
GIFT City Units Freed from Coastal Shipping Licence, Boosting India’s Maritime Finance Hub
REC Commits ₹150 Billion to Power and Renewable Push in Tripura
As India’s GCCs Shift from Cost to Capability Leadership, Sitharaman Charts Next Decade of Growth
DFCCIL Advances East-West Freight Corridor with Stakeholder Push on Financing and Construction
GMR Charts Multi‑Phase Roadmap to Transform Nagpur Airport into India’s Heartland Hub
Kamarajar Port Joins Visakhapatnam as India’s Second 18‑Metre Deep‑Draft Port
El Niño Cuts 13 aGW Hydropower Across Asia, Forcing Coal and LNG Reliance
CUMI Named Armour Partner for DRDO’s Indigenous Vikram VT21 Combat Vehicles
From vision to reality: Towards changing a track record
Amidst the constant clamour from the various industries that use and would like to use rail logistics for transportation comes the Indian Railways Vision 2020 document, which is nothing like the Maritime Agenda 2020.
Wanted: Double-engine pull!
The way for Indian Railways to capture back some of the market lost to roads is through privatisation. Although the intent is there, privatisation of rail logistics is a while away because the fundamentals, including documentation formats, do not exist.
Expertspeak: Towards a corporate attitude
Indian Railways needs to tweak its procedures towards competing with the road logistics sector and communicate more effectively with its stakeholders in order to unleash its true potential, says Anurag Mishra.
Project reporting: Streamlined internal communication
Project reporting gets more complex for large infrastructure projects, but once its format is ironed out and systematised to minimise manual intervention, it can be a very effective tool in achieving effective and timely completion.
Elevated
The Board of Directors of Larsen & Toubro (L&T) recently approved the elevation of SN Subrahmanyan as a Whole-time Director, with effect from 1 July.
State oil cos post record losses
Bharat Petroleum and Hindustan Petroleum will lose a whopping Rs 177,562 crore on selling fuel at government-controlled rates this fiscal, 68 per cent more than what they lost in high-cost 2008-09.
IECC order book swells
IL&FS Engineering and Construction Company (IECC), earlier Maytas Infra, expects its order book to touch Rs 10,000 crore by this fiscal end and plans to grow in hydro power.
Govt proposes PPPP model
To allay citizens' fears about public private partnerships (PPP) in services like water supply and healthcare, the government plans to add another P to the PPP framework, People.
Power Min to issue norms for ailing utilities
The Ministry of Power is working on a set of guidelines to help state electricity boards (SEBs) cut their losses, estimated at a cumulative Rs 68,000 crore.

