PM Modi In Gujarat: Gujarats Vision For Urban Future To Be Unveiled Today
New Delhi: Prime Minister Narendra Modi, in the second leg of his Gujarat visit, is set to launch the 'Urban Development Year 2025' in Gandhinagar, marking two decades of the state's structured urban transformation.
The event, set for 11 am, will highlight Gujarat's future urban development strategy, solidifying its position as a pioneer in urban planning, clean energy, and infrastructure innovation.
Prime Minister Narendra Modi will also address a gathering of top state officials, urban planners, and stakeholders, marking a significant milestone in Gujarat's urban development journey. The gathering will bring together key stakeholders to discuss and shape the future of urban development in Gujarat.
The Prime Minister will inaugurate and lay the foundation stones for several critical projects related to urban development, healthcare, and water supply. The event will showcase Gujarat's commitment to sustainable urban planning and development," a press release from the PMO stated.
The Prime Minister will also launch the State Clean Air Programme in Gandhinagar, which addresses the air quality concerns and promotes sustainability.
Urban Development Year 2005 in Gujarat was a flagship initiative launched by PM Narendra Modi, who was also the then Chief Minister, with the aim of transforming Gujarat's urban landscape through planned infrastructure, better governance, and improved quality of life for urban residents.
Earlier, he laid the foundation stone and inaugurated multiple development projects worth over Rs 53,400 crore at Bhuj. The projects from the power sector include transmission projects for evacuating renewable power generated in the Khavda Renewable Energy Park, transmission network expansion, Ultra super critical thermal power plant unit at Tapi, among others. It also includes projects of the Kandla port and multiple road, water, and solar projects of the Government of Gujarat, among others.
He also laid the foundation stone and inaugurated multiple development projects worth over Rs 24,000 crore in Dahod. The projects included rail projects and various projects of the Government of Gujarat. Here he also flagged off the Vande Bharat Express between Veraval and Ahmedabad & Express train between Valsad and Dahod stations.
In line with his commitment to enhancing connectivity and building world-class travel infrastructure, the Prime Minister also inaugurated the Locomotive Manufacturing plant of the Indian Railways in Dahod. This plant will produce electric locomotives of 9000 HP for domestic purposes and export.
He also flagged off the first electric locomotive manufactured from the plant. The locomotives will help in increasing the freight loading capacity of Indian Railways. These locomotives will be equipped with regenerative braking systems and are being designed to reduce energy consumption, which contributes to environmental sustainability.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
11 minutes ago
- Hans India
Sensex, Nifty open a tad lower amid consolidation phase
Mumbai: Indian equity indices opened a tad lower on Tuesday as heavyweights like L&T and Bajaj Finance were trading in the red. At 9:24 am, Sensex was down 152 points or 0.19 per cent at 81,221.39 and Nifty was down 36.40 points or 0.16 per cent at 24,680.40. Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 167.85 points or 0.29 per cent at 57,943.40 and Nifty smallcap 100 index was up 107.85 points or 0.60 per cent at 18,202.05. On the Sectoral front, auto, PSU Bank, pharma, metal, realty, media were major gainers. Financial services, FMCG and energy and pvt bank were major losers. According to analysts, after a flat opening, Nifty can find support at 24,700 followed by 24,600 and 24,500. On the higher side, 24,800 can be an immediate resistance, followed by 24,900 and 25,000. In the Sensex pack, Eternal (Zomato), Tata Steel, M&M, IndusInd Bank, Tata Motors and Asian Paints were major gainers. L&T, Bajaj Finance, Bharti Airtel, HUL, ICICI Bank, Axis Bank, Maruti Suzuki were major losers. Most of the Asian markets were trading in the green. Tokyo, Shanghai, Jakarta and Hong Kong were top contributors. Analysts said that during a consolidation phase, where the market moves within a range, buy on dips is the ideal strategy. 'And this strategy is working well now. With a lot of uncertainty in geopolitics, tariffs and trade the market will continue to remain volatile. Therefore, investors may persist with the strategy of buying on dips," said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited. Meanwhile, foreign institutional investors (FIIs) extended their selling for a second consecutive session on June 2 as they sold equities worth Rs 2,589 crore, while domestic institutional investors (DIIs) extended their buying on the tenth day as they bought equities of Rs 5,313 crore on the same day.
News18
14 minutes ago
- News18
Coforge Stock Split 2025 Record Date: Last Day To Buy Shares For Eligibility, Check Ratio
Last Updated: Coforge Stock Split 2025 Record Date: In FY25, Coforge Ltd. reported remarkable financial growth, with revenue reaching INR 12,050.7 crore (US$ 1.45 billion). Coforge Stock Split 2025 Record Date: Shares of Coforge Ltd will trade ex-date for the stock split tomorrow. The company had earlier decided to declare June 4 as the record date for determining the eligibility of shareholders who are entitled to receive the subdivided equity shares. It means June 03 is the last day to buy the shares of Coforge in order to become eligible for the proposed stock split. With T+1 settlement, shares bought on June 03 will be settled in the company's registrar on June 04. That means you become eligible for the stock split as your name would be on the company's register on June 04. The rule says your shares must be settled before or on June 04. Coforge shares were trading flat on Tuesday morning session at Rs 8,595 apiece, a day before the record date. The scrip opened at Rs 8,640 apiece, against the previous day close at Rs 8,585.50 apiece. Coforge Stock Split Ratio Coforge board approved the stock split in the ratio of 1:5, meaning that one stock with a face value of Rs 10 will be split into five stocks with a face value of Rs 2 each. Earlier, Coforge announced the interim dividends twice of Rs 19 each with different ex-dates. The first interim dividend went to ex-date on January 30, 2025, while the followed one traded ex-date on May 12, 2025. In FY25, Coforge Ltd. reported remarkable financial growth, with revenue reaching INR 12,050.7 crore (US$ 1.45 billion), marking a 32.0% YoY increase in constant currency terms, 31.5% in USD terms, and 33.8% in INR terms. The company achieved an EBITDA of INR 1,998.2 crore, up 31.7% YoY. Q4 FY25 also showed strong performance with revenue at INR 3,409.9 crore (US$ 403.5 million), showing growth of 3.4% QoQ in constant currency, 3.3% in USD terms, and 4.7% in INR terms. The EBITDA for the quarter was US$ 68 million, up 12.2% QoQ and 32.7% YoY, with an EBITDA margin of 16.9%, increasing by 134 bps QoQ. Additionally, the Board recommended an interim dividend of INR 19 per share, with the record date set for 12 May 2025. FY25 was highlighted by the signing of a US$ 1.56 billion TCV deal in Q4 and a 47.7% YoY increase in the order executable book for the next twelve months, positioning Coforge well for strong growth in FY25. The company maintained large deal momentum, signing five significant deals across North America, the UK, and APAC. The order intake for Q4 was US$ 2.1 billion, and the executable order book over the next year reached US$ 1.5 billion, up 47.7% YoY and 10.3% QoQ. Headcount increased to 33,497, with a net addition of 403 sequentially, marking a 35.5% increase since the beginning of the year. Attrition remained low at 10.9%, improving by 60 bps YoY. Coforge also launched a GenAI Center of Excellence in collaboration with ServiceNow to develop AI solutions for the financial services and travel industries. First Published: June 03, 2025, 09:49 IST
Time of India
16 minutes ago
- Time of India
$3 trillion economy goal for Telangana by 2047 when India turns 100, says CM A Revanth Reddy
Telangana CM A Revanth Reddy HYDERABAD: On the occasion of the 11th Telangana Formation Day on Monday, chief minister A Revanth Reddy set a new target of making the state a $3 trillion economy by 2047 and increasing its contribution to the GDP from 5% to 10%. Speaking at the Formation Day celebrations at Parade Grounds, the CM presented the progress report of the 16-month-old Congress govt and sought the cooperation of all political parties, bureaucracy, industrialists and all sections in the state to make Telangana number one in the country. He said the state govt was working in mission mode to ensure that Telangana plays a pivotal role in developing India into a $30 trillion economy by 2047 when the country would celebrate its Independence centenary. "As part of it, the Telangana Rising 2047 action plan has been prepared to turn the state into a $1 trillion economy in the next 10 years and $3 trillion by 2047. The govt has plans to not only develop Telangana as the number one state in the country but also make it capable of competing with the world," the CM said. While sharing several achievements of the state govt such as Rs 20,600 crore crop loan waiver for farmers, nearly 60,000 govt and one lakh private jobs for the unemployed and other welfare schemes, the CM referred to the apolitical stand of the Congress govt in Telangana for the country by extending full support to the Centre and the armed forces during Operation Sindoor.
