The announcements made by Finance Minister Nirmala Sitharaman will help spur further growth in the real estate sector given that we are already in a low interest and easy liquidity regime. By KRISH RAVESHIA

The railways strategic business group of L&T Construction’s transportation infrastructure business has secured an order from Uttar Pradesh Metro Rail Corporation Ltd (UPMRCL).

India’s energy landscape will see a drastic change only if there is an enhanced focus on developing a robust pipeline network, creation of suitable infrastructure and adequate support in terms of favourable policies being introduced at an accelerated pace writes DR. RC MANSUKHANI.

The country’s largest integrated power utility, Tata Power on Thursday announced the takeover of the management and operations of Odisha-based power distribution utilities WESCO and SOUTHCO upon completion of the sale process.

Mahindra Logistics Ltd (MLL), an integrated third-party logistics (3PL) service provider, announced the launch of its cargo last-mile delivery service under the brand name ‘EDel’.

The construction and mining equipment business of India’s equipment, procurement and construction (EPC) to defence conglomerate, Larsen & Toubro, has secured multiple orders for supply of 90 units of Komatsu Mining Equipment from Coal India Ltd (CIL) subsidiaries, leading infra companies engaged with the coal sector and customers from the cement and iron ore sectors.

One of the country’s leading integrated companies, NTPC Ltd has signed a memorandum of understanding (MoU) with the Indian Institute of Forest Management (IIFM), Bhopal, to implement the Narmada Landscape Restoration Project (NLRP).

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4 per cent. At the same time, the marginal standing facility and bank rate also remained unchanged at 4.25 per cent, while the reverse repo rate too remained unchanged at 3.35 per cent.

The big elephant in the room affecting the future of roof-top solar in India is and has been government policy. Frequent changes in state government policy have made things difficult for both consumers and developers. By ANIMESH DAMANI