Author: News Desk

Adani Road Transport Limited (ARTL), a wholly owned subsidiary of Adani Enterprises, has signed a Share Purchase Agreement (SPA) on September 11, 2025, to acquire 100% stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The deal is valued at an Enterprise Value of up to Rs 1,342 crore and is subject to regulatory approvals and standard closing conditions. Parties Involved ARTL will acquire the stake from D P Jain TOT Toll Roads Pvt. Ltd., D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt Ltd. The company confirmed the transaction under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015. Key Terms of…

Kathmandu has entered another turning point in its turbulent politics. On Friday night, Sushila Karki, Nepal’s former chief justice, took oath as interim Prime Minister, NDTV reported. Her appointment came after days of mass protests that shook the Oli government. The deal was hammered out between President Ramchandra Paudel, leaders of the youth-driven protest movement, and the army chief, General Ashok Raj Sigdel. A Judge Thrust Into Politics At 73, Karki is no career politician. She is remembered for being Nepal’s first woman chief justice (2016–2017) and for a strong anti-corruption stance that often rattled the establishment. Protesters demanding clean governance saw her as…

The Indian Air Force (IAF) has proposed acquiring 114 Rafale fighter jets under a “Made in India” collaboration between French manufacturer Dassault Aviation and Indian aerospace firms. Valued at over Rs 2 lakh crore, this would be one of the biggest defence deals in India’s history. Defence Ministry Review Underway According to officials, the defence ministry has already begun examining the IAF’s proposal. The project is expected to go before the Defence Procurement Board, chaired by the Defence Secretary, in the coming weeks. If cleared, the proposal will then move to the Defence Acquisition Council for final approval. Boost to Indigenous Manufacturing Over 60 percent of the deal’s content will be indigenous, strengthening…

The Maharashtra government has chosen Kochi Metro Rail Limited (KMRL) to prepare the detailed project report (DPR) for Mumbai’s proposed water metro project. This move is expected to strengthen KMRL’s consultancy wing while adding a fresh stream of non-ticket revenue to the company. Building on Feasibility Study KMRL confirmed that the DPR will build on a feasibility study its consultancy division had already completed for the Mumbai Metropolitan Region. The proposed network will cover major water bodies like Vaitarna, Vasai, Manori, Thane, Panvel, and Karanja, aiming to ease commuter movement across India’s financial hub. A Challenging Assignment KMRL managing director Loknath Behera described…

Construction is progressing on Dubai’s first commercial vertiport near Dubai International Airport (DXB), set to handle up to 170,000 passengers annually. The Dubai International Vertiport (DXV) will serve as a dedicated hub for the takeoff, landing, and servicing of flying taxis, with operations planned to begin in early 2026. Reem Al Saffar, acting senior director for air navigation and aerodromes at the General Civil Aviation Authority, confirmed that foundation work for the landing area is complete and parking facilities for the DXV building are currently under development. In the initial phase, flying taxis will operate on fixed routes connecting four…

India’s Central Board of Secondary Education (CBSE) is preparing to establish its first international school in the United Arab Emirates, marking a major step in its effort to globalize Indian education, according to Education Minister Dharmendra Pradhan. The move aims to serve the large Indian expatriate community while setting new standards for CBSE schools abroad. The school will operate as a CBSE International School, combining the board’s academic rigor with a globally-oriented curriculum. It will focus on modern pedagogy, critical thinking, and global competencies, while retaining core Indian educational values. While over 100 CBSE-affiliated schools already exist in the Gulf, this…

India is set to embark on a historic aerospace endeavour drawing on France’s Safran S.A. and DRDO’s engineering expertise. Under the AMCA (Advanced Medium Combat Aircraft) programme, they will jointly develop a 120‑kilonewton fighter jet engine, a major leap in India’s strategic aerospace capabilities. The design features full technology transfer to DRDO, including critical components like single‑crystal blade technology and key manufacturing processes. The goal is that India retains complete Intellectual Property Rights while building the engine domestically through DRDO’s Gas Turbine Research Establishment. Timeline goals are ambitious: nine prototypes over twelve years, with an initial prototype expected around 2027, leading up to…

The Directorate General of Health Services (DGHS) has withdrawn its directive asking physiotherapists to stop using the ‘Dr’ prefix. The order, sent earlier to the Indian Medical Association (IMA), was retracted within a day, citing the need for more review and discussion. The Indian Association of Physiotherapists (IAP), Kerala president Dr. Sreejith M. Namboothiri (P.T.), said the directive created confusion among the public and exceeded DGHS’s legal authority. He clarified that only the National Commission for Allied and Healthcare Professions (NCAHP) has the mandate to decide on such matters. Under the NCAHP Act, 2021, physiotherapists are recognized as allied and…

 Albania has taken a historic step in governance by appointing the world’s first AI-generated government minister. Prime Minister Edi Rama announced that the virtual minister, named Diella, will oversee all public tender decisions, promising the process will be “100-percent corruption-free” and fully transparent. Diella, which means “sun” in Albanian, is not a physical person but a digital creation designed to assist the government. Initially launched in January as an AI-powered virtual assistant, she helped citizens navigate Albania’s e-services platform, issuing over 36,600 digital documents and delivering nearly 1,000 services so far. She appears in traditional Albanian attire and interacts with users…

Southern Railway will operate special trains between Thiruvananthapuram and Mumbai to manage the extra passenger rush during the Durga Puja holidays. The Lokmanya Tilak (T) – Thiruvananthapuram North Festival Special (Train No. 01463) will depart Lokmanya Tilak (T) at 4 pm every Thursday from September 25 to November 27, reaching Thiruvananthapuram North at 10.45 pm the following day, completing 10 services. In the reverse direction, the Thiruvananthapuram North – Lokmanya Tilak (T) Festival Special (Train No. 01464) will leave Thiruvananthapuram North at 4.20 pm every Saturday from September 27 to November 29, arriving at Lokmanya Tilak (T) at 1 am the next Monday, also…