CCEA approves process of disinvestment of ITDC properties

National Stock Exchange of India Limited on Thursday concluded the process for the selection of merchant bankers, law firms and other intermediaries for its proposed Initial Public Offering (IPO).

Securities and Exchange Board of India Chairperson Tuhin Kanta Pandey on Wednesday said the regulator has already eased the process of accreditation of Alternate Investment Fund (AIF) investors, and it will ease them further.

Dubai [UAE], March 10: GMCL has just announced the launch of a Rs 900 Crore ($100 million) blockchain-based tokenisation issue, positioning it as one of the first large-scale digital asset offerings linked to a professional international cricket league. Baba Inder Preet Singh, founder GMCL said that "The offering will create a tokenised investment structure designed to provide exposure to the league's commercial ecosystem, including broadcast rights, sponsorship revenues, franchise participation, licensing, and digital fan engagement platforms.GMCL plans to engage institutional investors, digital asset funds, family offices, and strategic partners as part of the global issuance process."

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, today has approved the development of a 4-lane corridor from Badnawar-Petlawad-Thandla-Timarwani section of NH-752D having a length of 80.45 kilometres with a total capital cost of Rs 3,839.42 crore. The approved corridor will provide connectivity of Ujjain to Timrawani interchange at Delhi Mumbai Expressway (DME). The primary purpose of the proposed four-lane project corridor is to improve travel efficiency and is expected to reduce travel time by approx. one hour.

According to the press release by the Cabinet Committee on Economic Affairs, "This 31.42 km long project corridor will provide direct and high-speed connectivity from South Delhi, Faridabad and Gurugram to Jewar International Airport, thereby promoting economic growth and logistics efficiency across the National Capital Region (NCR)." The corridor intersects the Eastern Peripheral Expressway, Yamuna Expressway, and Dedicated Freight Corridor (DFC), which enables multimodal transport convergence.

New Delhi [India], March 9: The Indian public sector still uses a big number of people to carry out development programs, infrastructural development, and administration. Thousands of contractual and project based workers, whether in municipal corporations, public sector undertakings, or government hospitals, underpin day to day operations. The process of managing such a large workforce has traditionally been complex, with a number of intermediaries. During the last few years, the concept of organized employment management services has become a significant remedy to enhance transparency, efficiency, and compliance in the administration of the workforce in government.

New Delhi [India], March 9: Redbrick Offices, India's leading co-working and managed office provider, has leased 0.4 million sq. ft. at AP4 Tech Park in Wagholi, marking one of Pune's largest recent office space transactions in recent times. Developed by Amar Builders in partnership with Pristine Properties, AP4 Tech Park is a Grade A IT development spanning 4 million sq. ft. known for its advanced infrastructure, sustainable design, and strategic location within the Kharadi Annexe growth corridor.

Singapore, March 9: Visa (NYSE: V) today announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform that enables acquirers (banks and other financial institutions that process payments for merchants) to modernise their payment processing through a single API connection, helping eliminate the need for expensive, time-consuming infrastructure rebuilds.

Pune (Maharashtra) [India], March 7: In a continued effort to build inclusive and future-ready living ecosystems, Paranjape Schemes Construction Private Limited, Maharashtra's leading real estate developer has announced a collaboration with Tarangan Foundation. This strategic partnership for Swaniketan, India's first exclusive residential community designed specifically for differently-abled individuals and their families will ensure structured assessment process and long-term care.

New Delhi [India], March 6: In a largely unorganised PG accommodation market, where most operators struggle with consistency and scale, Urban Hive Pro is emerging as a structured, system-driven co-living brand.