NHAI has sanctioned ₹42.6 crore to resolve NH 66 flooding in Kollam and Alappuzha. This funding aims to improve drainage systems and alleviate waterlogging issues caused by blocked streams. With ₹28.55 crore for Kollam and ₹14.05 crore for Alappuzha, the project focuses on critical highway segments to enhance infrastructure resilience.
⚖️ AI Verdict
"A solid investment in infrastructure to keep the roads flowing!"
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Infra.Market aims to enter the market through a share swap with Shalimar Paints, potentially giving Hella Infra shareholders over 77% ownership. This strategic move offers an alternative to Infra.Market's ₹5,000 crore IPO, highlighting a significant shift in the building materials sector. The deal could reshape market dynamics and investor interests in both companies.
India's trade deficit widened 31.5% to $15 billion in July, driven by soaring imports. Despite this, electronics exports surged 11-fold, highlighting a robust manufacturing sector. The growth in mobile phone production not only boosted exports but also created significant job opportunities, showcasing a mixed economic landscape.
The Indian IT sector job market is evolving, focusing on specialized skills. Companies are tightening entry-level hiring while offering premium salaries for experienced professionals in key areas. This shift reflects a competitive landscape where expertise is prioritized over broad recruitment strategies.
Jeff Bezos is reportedly in talks to buy a luxury condo in Beverly Hills. This six-bedroom penthouse, spanning 17,000 square feet, could become the most expensive property ever sold. Located in the upcoming Aman complex, it promises exclusive hotel services and high-end amenities. While the deal is not yet confirmed, it has sparked interest due to its staggering price tag.