MSEDCL needs to become leaner before IPO and spin off agriculture sector by April; aims to list by the end of 2026

Maharashtra State Electricity Distribution Company plans to complete the demerger of its agriculture arm by April, a major step ahead of its planned December initial public offering, a top official said.“We are targeting an IPO by December for MSEDCL (Maharashtra State Electricity Distribution Company), and for that we will spin off our agriculture business, which […]

Can’t live without you: heartbroken teen tries to commit suicide, livestreams on Instagram

Heartbroken over his relationship, a teenager tried to commit suicide in Maharashtra’s Akola district while live-streaming the act on Instagram. The reel, with the message: “Karishma, I can’t live without you… bye”, quickly went viral and attracted the attention of the police. Officers acted quickly and reached the location and found him unconscious in a […]

Greenfield corridor Nashik-Solapur-Akkalkot in Maharashtra approved; check project costs, distance and more

The six-lane greenfield project corridor aims to improve travel efficiency and is expected to reduce travel time by 17 hours and reduce travel distance by 201 km. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved construction of a 6-lane greenfield access-controlled Nashik-Solapur-Akkalkot corridor in Maharashtra in BOT mode (toll […]

PNB Housing Finance facilitates PMAY-U 2.0 in Maharashtra

PNB Housing Finance has sanctioned ₹1,530 crore to over 10,000 eligible beneficiaries under PMAY and will now intensify massive outreach campaigns across Maharashtra to raise awareness and encourage wider adoption of the scheme. In the statement, PNB Housing Finance Limited said it reaffirms its commitment to supporting home ownership in Maharashtra, with a continued focus […]

Government and ADB sign loan agreements worth $800 million for projects in Maharashtra, Madhya Pradesh and Gujarat

Loan agreements were signed for the Maharashtra Power Distribution Enhancement Program for Agricultural Solarisation, the Indore Metro Rail Project and the Gujarat Skills Development Program. The Government of India and the Asian Development Bank (ADB) have signed agreements for three loans worth more than $800 million for projects in Maharashtra, Madhya Pradesh and Gujarat. Accordingly, […]