Economy, Banking and Finance · 31 May 2026
RITES Ltd and CRISIL Ltd sign MoU to develop data-driven infrastructure consultancy solutions
Exam-focused facts from the 31 May 2026 current affairs briefing.
Key facts
- RITES Ltd, a transport infrastructure consultancy and engineering firm, signed a Memorandum of Understanding (MoU) with CRISIL Ltd on Wednesday, May 27, 2026.
- The MoU aims to jointly develop integrated, data-driven infrastructure consultancy solutions.
- The partnership will combine RITES' transport infrastructure and engineering consultancy capabilities with CRISIL's strengths in data intelligence, analytics, research and market insights.
- Under the MoU, both organisations will explore consultancy assignments across sectors including railways, metro rail, highways, expressways, airports, ports, ropeways, bridges, tunnels, urban transport, energy, water resources, hydropower, wastewater management and industrial infrastructure in India and abroad.
- The collaboration will focus on strengthening analytical and advisory support through market intelligence, data validation, financial due diligence, valuation support and development of analytical models for RITES' consultancy assignments.