#India #Infranews #Powertrain
Welcome to Infranews, our daily news series on the latest megaprojects,India Railways economy, startups, announcements and everything that means development for the country of India and everything else that’s positive from roads to metro to bullet train to space and beyond.
Infranews is edited by Varun Dhage from past 7 months Follow Varun on
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1) Mumbai-based Darwin Platform’s revised Rs 1,814-crore bid to take over the privately-built smart city project by Lavasa Corporation near Pune was on Friday approved by the committee of creditors (CoC). https://www.financialexpress.com/industry/creditors-nod-darwin-platform-wins-lavasa-city-bid-for-rs-1814-cr/2389191
2) Case of Doing Business for MSMEs: Indian toy sector, which comprises 8,366 registered manufacturing MSMEs under the National Industrial Classification Code 2008, has been importing toys largely from China. https://www.financialexpress.com/industry/sme/no-childs-play-are-domestic-manufacturers-benefitting-from-indias-declining-toy-imports/2387374/
3) Billionaire Anil Agarwal’s Vedanta group is planning to invest $15 billion over the next 5-10 years to make displays and semiconductor chips in India. https://www.htsyndication.com/mint/article/vedanta-makes-a-resounding–15-bn-chip-bet/57011154
4) Today, on the occasion of the commencement of the 20th year of Delhi Metro’s operations, Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs and Chairman, DMRC, inaugurated the field trial of the first ever Indigenous – Automatic Train Supervision (i-ATS) indigenously developed technology for Red Line https://www.financialexpress.com/infrastructure/delhi-metro-operation-completes-20-years-field-trial-of-first-indigenously-developed-i-ats-tech-inaugurated/2389110/
5) NEW DELHI: With 54 unicorns in total, India has displaced the United Kingdom (UK) to bag the third top spot in the list of countries with the most number of such companies, a report released by Hurun Research Institute showed on Wednesday. https://timesofindia.indiatimes.com/business/india-business/india-3rd-biggest-country-in-hosting-unicorns-byjus-most-valuable-report/articleshow/88438094.cms
6) The preparatory work for the 435 km Mysuru-Bengaluru-Chennai high speed rail corridor project seems to be moving rapidly as the final contract to prepare a detailed project report (DPR) has been awarded. https://bangaloremirror.indiatimes.com/bangalore/others/mysuru-chennai-bengaluru-corridor-well-on-course/amp_articleshow/88461282.cms
7) Translink Infrastructure Consultants today emerged as the lowest bidder to prepare general arrangement drawings (GADs) for developing Detailed Project Reports (DPRs). https://themetrorailguy.com/2021/12/21/translink-wins-gad-work-for-2365-km-of-high-speed-rail-lines/
8) With over 22 billion transactions in Financial Year 2020-21, the Unified Payments Interface (UPI) has emerged as the favourite digital payment choice in India.
https://swarajyamag.com/amp/story/insta%2Fwith-over-22-billion-transactions-in-fy21-upi-emerges-as-favourite-digital-payment-choice-govt
9) State-run Oil India Ltd has become the latest entity to join the green hydrogen rush by initiating the process of setting up a 100 kW green hydrogen plant at its pumping station No. 3 in Jorhat district of Assam. https://timesofindia.indiatimes.com/business/india-business/oil-india-plans-first-hydrogen-plant-in-assam/articleshow/88473132.cms
CHAPTERS
00:00 Smart City Project by Lavasa
02:12 MSMEs Indian Toy Sector(Harman Advaitya)
03:34 Vedanta Group Invest $15 Billion(Tanishq)
05:08 20th Year of Delhi Metro’s
06:14 India 3 Biggest Country Unicorns(Satya Harman)
07:00 Mysuru-Bengaluru-Chennai(Advithcn)
07:52 Translink Infrastructure Consultants(Aaryan)
08:54 UPI- Favourite Digital Payment(Geet ZaiWala)
09:32 State-run Oil India Ltd(Subscribe_To_PT)
10:08 AskPT
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