1 hour ago

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has acquired a 100% stake in out-of-home (OOH) advertising firm Skyiwave for INR 3 crore through a cash transaction. The acquisition, completed in recent days, brings Skyiwave under AAHL as a wholly owned subsidiary and a step-down arm of Adani Enterprises. Incorporated in 2016, Skyiwave operates in hoardings and media solutions, with a turnover of INR 16.51 lakh in FY25. The move is aimed at strengthening non-aeronautical revenue streams by enabling the management and expansion of advertising assets across Adani's airport network. The transaction does not involve related parties and did not require regulatory approvals.Read more

3 hours ago

Toll charges on the Dwarka Expressway have been revised from the start of the new financial year, increasing travel costs for commuters using the Delhi Gurugram corridor. The revision, implemented by the National Highways Authority of India (NHAI) at the Bijwasan toll plaza, forms part of the annual toll adjustment exercise across national highways. The increase is expected to have a direct impact on cab fares, given the limited availability of public transport along the expressway. The corridor, which connects key residential and commercial zones, already operates under an integrated tolling system, and the revised rates are likely to raise daily commuting expenses, particularly for frequent users without monthly or annual passes.Read more

Delhi News Desk

8 hours ago

The Delhi government has approved a INR 626.8 crore road strengthening and repair programme to be executed by the Public Works Department (PWD) across major corridors in east, south, and north Delhi. Announced in the past week, the initiative targets heavily used arterial and feeder roads, with funds distributed region-wise to address traffic load and deteriorating road conditions. Key stretches identified for upgrades include West End Marg, Mandi Road, and Barapullah Elevated Road. The works will involve resurfacing, structural strengthening, and maintenance interventions aimed at improving ride quality and extending road life. Bids for the projects have already been invited, indicating the start of implementation in the new financial year.Read more

9 hours ago

The development of a modern astronomy and science education centre in Amaravati has moved forward with the signing of a land lease agreement between the Andhra Pradesh Capital Region Development Authority and the Indian Institute of Astrophysics. The project, named COSMOS-2, will be developed on 5 acres in Anantavaram and will include a planetarium, research labs, and public science exhibits. The initiative builds on a previously signed MoU and aims to strengthen scientific learning, research opportunities, and educational infrastructure in the state, positioning Amaravati as an emerging hub for space and astrophysics studies.Read more

16 hours ago

The Union government has approved a INR 438.29 crore project to redevelop Berth No. 9 at New Mangalore Port in Karnataka, aimed at enhancing liquid bulk cargo handling capacity. Cleared in the past week, the project will be implemented under a public-private partnership (PPP) model with a 30-year concession period, including a two-year construction phase. The upgrade will increase capacity to 10.9 million tonnes per annum (MTPA) and allow handling of large vessels, including Very Large Gas Carriers. The redevelopment involves dismantling ageing infrastructure and introducing mechanised systems and modern safety features. The initiative is part of broader efforts to strengthen maritime logistics, improve energy cargo handling, and enhance port efficiency along India's western coast.Read more

19 hours ago

IRB Infrastructure Trust has begun toll collection on the 74.5 km Chandikhole Bhadrak stretch of NH-16 in Odisha after completing project formalities. The asset was secured under the toll-operate-transfer (TOT-18) model with an upfront concession payment of INR 3,087 crore to the National Highways Authority of India. The project comes with a 20-year concession period and is part of the Golden Quadrilateral corridor. It is expected to support steady toll income and strengthen the trust's presence in eastern India while adding to its long-term revenue pipeline.Read more

04 Apr 2026

The National Highways Authority of India (NHAI) has exceeded its highway construction target for FY26 by completing 5,313 km, about 15 per cent higher than planned. The pace remained slightly lower than last year due to more complex projects. The authority recorded capital expenditure of over INR 2,44,000 crore, going beyond budgetary support and relying partly on internal resources. It also raised over INR 28,000 crore through asset monetisation, reflecting a continued focus on funding diversification alongside steady infrastructure expansion.Read more

04 Apr 2026

Indian Railways is planning to revise its parcel leasing policy to improve flexibility and attract more participation from logistics players. The changes include extending contract durations, easing penalty rules for overloading, and reducing security deposit requirements. These steps build on earlier reforms where entry barriers like turnover criteria were removed. The revised framework is expected to provide better business stability, improve parcel space utilisation, and support steady growth in rail-based cargo movement. The focus remains on making parcel operations more practical and aligned with market needs.Read more

04 Apr 2026

Alstone has announced its association with Punjab Kings as the official cladding partner for the 2026 season of the Indian Premier League. The collaboration marks the company's continued engagement with cricket as a platform for brand visibility and stakeholder outreach. Through integrated marketing campaigns, on-ground activations, and digital initiatives, Alstone aims to strengthen engagement with channel partners and consumers across India. The partnership comes as the brand seeks to reinforce its position in the premium cladding segment while leveraging the wide reach and audience engagement associated with franchise cricket.Read more

04 Apr 2026

The National Council for Cement and Building Materials (NCB) has entered into a memorandum of understanding with Delhi Technological University (DTU) to enhance research collaboration and skill development in India's cement and construction sector. The agreement, signed in New Delhi in the past week, focuses on joint research in cement and concrete technologies, training programmes for students and professionals, and knowledge exchange between academia and industry. The partnership aims to improve technical capabilities, promote best practices, and support capacity building across the construction ecosystem. It is also aligned with the sector's increasing focus on sustainable and resilient infrastructure, as demand grows for advanced materials and construction technologies.Read more