Top Indian Infrastructure Industry News & Updates - 02 Jun 2023,Friday

🏢 Industry & SEZ

📝  Gadkari stresses on importance of DPRs to minimise project delays, reduce cost

🏘 Real Estate

📝  Aurum PropTech set to buy Ratan Tata-backed NestAway
📝  Manufacturing facilities for electric vehicles require 13 million sq ft of real estate by 2030: CBRE
📝  Indiabulls-Embassy merger will create one of India’s largest listed real estate development company, says Jitu Virwani
📝  CREDAI-MCHI urges finance minister to change redevelopment projects’ GST structure
📝  WeWork India strengthen its portfolio in Bengaluru, adds 3 new buildings with over 3600 desks
📝  Real estate sector poised for much better times: Nilesh Shah
📝   Prestige Estates’ diversification focus is a positive, but watch out for debt trends
📝  Indiabulls HFC eyes to scale up monthly disbursement to Rs 1,200-1,300 cr

🛍 Cement

📝  We expect EBITDA to definitely improve going forward: Ajay Kumar Saraogi, JK Cement

🚙 Roads & Highways

📝  Adani terminates pact to buy Macquarie Asia's roads worth ₹3,110 cr

🚃 Railways

📝  Mumbai-Pune Deccan Queen, India’s first deluxe train, completes 93 years of service today
📝  Karnataka to get 2nd Vande Bharat train in July: Union Minister Pralhad Joshi
📝  Deccan Queen completes 93 years of service, rail enthusiasts celebrate by cutting cakes at Pune station
📝  NCRTC to build pedestrian bridge at Anand Vihar RAPIDX Station
📝  PM Modi to flag off Goa-Mumbai Vande Bharat train virtually on Saturday
📝  1,275 train stations to be upgraded in India: Railway Ministry

🚢 Ports

📝  Deloitte flags holes in Adani Ports deals, cites need for review
📝  Not appropriate to conduct independent examination of accounts now: Adani Ports

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