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Centre approves Rs 1,359 crore four-laning of the Nagaur-Bikaner stretch of NH-62 in Rajasthan
The Centre has approved a Rs 1,359 crore project to four-lane the Nagaur-Bikaner stretch of National Highway-62 in Rajasthan. This development under the Build-Operate-Transfer model will significantly improve connectivity in western Rajasthan. The project is expected to boost economic activity, create new investment and employment opportunities, and accelerate industrial and tourism growth in the region.
Mayuresh Joshi favors Kirloskar Pneumatic, Navin Fluorine amid market volatility
Mayuresh Joshi, Director Research at Marketsmith India, said larger diversified NBFCs are better placed than pure gold financiers due to stable margins, stronger balance sheets and diversified loan books. He remains cautious on crude-linked sectors despite lower oil prices, citing near-term earnings pressure. Joshi also expects IndiGo to retain its market leadership despite a challenging quarter and highlighted strong order visibility, profitability and cash flows as key drivers for select industrial and specialty chemical companies. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Mukesh Ambani-led Reliance inks MoUs with Haryana Govt, to invest Rs 8,646 cr in Jhajjar township project
Reliance Industries' Model Economic Township Ltd has committed Rs 8,646 crore to its Jhajjar project. This investment, alongside industries setting up operations, will boost economic growth. The MoUs were signed as part of Haryana's Make in Haryana Industrial Policy 2026. These investments will create over 33,250 jobs across various sectors. Reliance MET City continues to facilitate this development.
India’s realty boom may need Rs 50 lakh crore in fresh capital over next decade
India's real estate sector requires Rs 50 lakh crore capital for growth over the next decade. Data centres, logistics, industrial real estate, and GCC-led office developments will attract significant long-term investment. Despite challenges, strong domestic demand and infrastructure investments will drive growth. The focus is on channeling capital to affordable housing and emerging cities.
AP Govt Allots 855 Acres to Reliance in Vizianagaram for Rs 1.08 Lakh Crore Giga-Scale AI Data Centre
IT Secretary Bhaskar Katamneni directed Andhra Pradesh Industrial and Infrastructure Corporation (APIIC) and Vizianagaram district administration to identify an additional acre of land suitable for the Cable Landing Station (CLS). The government accords approval for allotment of 854.97 acres of land in Vizianagaram district to Reliance Industries Limited, at a 25 percent discounted rateThe land allotment is intended for establishment of a Giga-Scale AIDC with CLS, with proposed cumulative investment of Rs 1.08 lakh crore, said Katamneni in a Government Order (GO).