22 May 2026

Tariq Premji, son of Azim Premji, has acquired a luxury penthouse in Whitefield, Bengaluru, for INR 45.71 crore, according to property registration documents cited in multiple media reports. The apartment is located in the 27 Summit residential project developed by Sterling Urban Developments Pvt. Ltd. and has a super built-up area of around 7,000 sq ft with five car parking spaces. The transaction was registered earlier this month, with stamp duty and registration charges of about INR 2.74 crore, adding to a series of high-value residential deals in Bengaluru’s premium housing market.Read more

18 May 2026

• Ranbir Kapoor has acquired a land parcel worth approximately INR 3.31 crore at The Sarayu, a plotted development project in Ayodhya by The House of Abhinandan Lodha.
• The acquired parcel measures 2,134 sq ft and forms part of the 75-acre riverfront development located along the banks of the Sarayu river.
• The project includes residential plots, a clubhouse, lifestyle amenities and a luxury hospitality component to be managed by The Leela.
• HoABL stated that growing investor interest in Ayodhya is being supported by increased tourism and religious infrastructure development linked to the Ram temple project.
• Government estimates cited by the company showed Ayodhya receiving approximately 23 crore visitors between January and June 2025, compared to nearly 5.75 crore visitors before the construction of the Ram temple.Read more

Balaji Rao

16 May 2026

India's data centre boom is currently being headlined by the world's largest technology companies, but it may ultimately be won by real estate developers. The reason is simple: in a sector where access to land, robust industry networks and local expertise determine outcome, decades of building townships and IT parks turn out to be surprisingly good preparation.Read more

Neha Mahendra

15 May 2026

India needs to roughly triple its data centre capacity just to match China — and the capital, estimated at USD 20–25 billion over the next decade, has to land somewhere. Behind every gigawatt of compute is land, power, and connectivity, making this deficit one of the most consequential infrastructure stories in Indian real estate today.Read more

Mumbai News Desk

08 Apr 2026

Shreya Ghoshal and her parents have purchased a premium apartment in Mumbai's Worli for INR 29.70 crore. The unit is located in the Godrej Trilogy project and offers a carpet area of around 2,430 sq ft along with three parking spaces. The deal was registered recently and involved a stamp duty payment of about INR 1.78 crore. The transaction reflects steady demand for luxury housing in Worli, which continues to attract high-net-worth buyers due to its central location and connectivity.Read more

9 minutes ago

SoftTech Engineers Limited has launched a Single Window Approval System aimed at streamlining approvals for electric vehicle infrastructure and wayside amenities along national highways under the National Highway Electric Vehicle (NHEV) initiative. The digital platform is designed to integrate approvals related to land allocation, lease processing, design clearances, construction permits and operational authorisations within a unified ecosystem. According to the company, the system has been developed to support the government’s Ease of Doing Business objectives while accelerating deployment of EV charging infrastructure across highway corridors. The platform will cater to policymakers, developers, investors and service providers through centralised workflows, real-time project tracking and digitised compliance management.Read more

3 hours ago

Techno Digital, the digital infrastructure arm of Techno Electric & Engineering Company Limited, has commissioned its Mumbai Edge Data Center in Mahalaxmi, South Mumbai, in partnership with RailTel Corporation of India. Developed as a Rated-3 facility, the edge data centre has been positioned to support low-latency enterprise applications and real-time digital workloads in Mumbai’s financial and commercial districts. The company stated that the facility delivers latency of less than 150 microseconds from BSE at Nariman Point and less than 250 microseconds from NSE in BKC. The commissioning forms part of Techno Digital’s wider strategy to establish a distributed edge infrastructure network across more than 100 Indian cities through its partnership with RailTel, with additional facilities planned in the coming months.Read more

6 hours ago

• Adani Power will acquire a 24% stake in key thermal power assets of Jaiprakash Power Ventures for INR 4,194 crore.
• The transaction includes stakes in operational thermal power projects and associated infrastructure assets linked to JPVL’s power business.
• The acquisition forms part of Adani Power’s ongoing capacity expansion strategy across India’s thermal power sector.
• The deal is subject to regulatory approvals and customary closing conditions, according to company disclosures made in the past week.Read more

11 hours ago

• Inkers Technology has launched Kael, an AI-native construction intelligence platform aimed at improving project planning, monitoring and execution across the construction and real estate sectors.
• The platform combines predictive intelligence, operational analytics and consulting capabilities to help project teams identify risks, assess financial impact and reduce delays and cost overruns.
• Kael works alongside Observance, the company’s operational intelligence solution that uses computer vision, LiDAR and real-time analytics to create digital twins of construction sites.
• The company said the platform continuously analyses project data across schedules, drawings, reports and communication channels to deliver real-time decision support to project stakeholders.
• Inkers Technology stated that early deployments of the platform have helped project managers save up to three to four hours daily through automated reporting and real-time risk identification.Read more

12 hours ago

Reliance Power reported a consolidated net loss of INR 494 crore for the quarter ended March 31, compared with a profit of INR 125.57 crore in the same quarter last year, as per a regulatory filing in New Delhi this week. Total income declined to INR 1,946.33 crore from INR 2,065.64 crore year-on-year. For FY26, the company posted a net loss of INR 336.89 crore against a profit of INR 2,947.83 crore in FY25. Total income also dropped to INR 7,988.52 crore from INR 8,257.04 crore. The board approved fundraising plans of up to INR 6,000 crore and INR 3,000 crore in debentures.Read more

1 hour ago

The Navi Mumbai Municipal Corporation has identified 504 dangerous buildings across its jurisdiction for 2026-27 following a department-wise structural survey conducted under Section 264 of the Maharashtra Municipal Corporation Act. Of these, 52 buildings have been classified under the highly dangerous C-1 category requiring immediate evacuation and demolition. The civic body has warned residents against continuing residential or commercial use of unsafe structures, especially during the monsoon season, citing risks to life and property. The complete list has been made available on the corporation’s official website along with category-wise details and occupancy status.Read more

3 hours ago

Vedanta Ltd’s subsidiary Talwandi Sabo Power Ltd (TSPL) has been directed by the Supreme Court to pay around INR 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd (PSPCL). The decision restores an earlier order by the Punjab State Electricity Regulatory Commission (PSERC) after overturning a ruling by the Appellate Tribunal for Electricity (APTEL). The case concerns a penalty linked to alleged misdeclaration of power availability in January 2017 under the Grid Code. TSPL operates a 1,980 MW coal-based plant in Punjab and supplies full generation to PSPCL.Read more

5 hours ago

eXp Realty India has reported that the number of RERA-registered real estate agents in India crossed 100,000 in 2025, reflecting continued expansion and formalisation within the country’s brokerage sector. Based on an analysis of Ministry of Housing and Urban Affairs (MoHUA) data between 2018 and 2025, the report found that the registered agent base increased from 27,073 in 2018 to 105,712 in 2025, representing growth of 19.1% in the latest period alone. The company stated that the rise in registrations indicates increasing participation in organised brokerage activity following the implementation of the Real Estate (Regulation and Development) Act. The report also highlighted growing adoption of technology-led and platform-based brokerage models as agents seek operational flexibility, digital tools and wider market access across India’s expanding real estate sector.Read more

7 hours ago

The Karnataka Lokayukta has uncovered alleged financial irregularities worth over INR 23 crore in Pradhan Mantri Awas Yojana (PMAY-Urban) housing projects in Belagavi district. The investigation relates to PMAY houses developed in Ramdurg town, where officials and contractors allegedly cleared fake bills and inspection records despite several homes remaining incomplete. Authorities found that around INR 29.45 crore was released for the project between 2019 and 2024, while construction material worth only about INR 6.1 crore reportedly reached beneficiaries. Multiple raids were conducted across Karnataka and documents linked to project approvals, inspections and billing were seized for further investigation.Read more

13 hours ago

Telangana Real Estate Regulatory Authority Chairman N Satyanarayana has resigned from his post citing health complications arising from prolonged hearings and administrative responsibilities, according to reports published on Wednesday. The Telangana government has accepted the resignation through an official memo issued by the Metropolitan Area and Urban Development Department. During his three-year tenure, the authority registered more than 10,800 projects and over 5,100 real estate agents while implementing reforms related to grievance redressal, digital governance and project approvals. Satyanarayana also oversaw measures concerning stalled project revival, misleading real estate advertisements and institutional strengthening within the state regulator. The resignation comes at a time when Telangana’s residential and commercial real estate markets continue to witness increased development activity and regulatory oversight.Read more

4 hours ago

• Inflection Point Ventures announced 16 exits during FY2026, reporting a blended internal rate of return (IRR) of 41.01% and a money-on-money (MoM) multiple of 2.86x across transactions.
• The exits included both partial and full transactions across sectors, with Secret Alchemist delivering the highest reported return at 192% IRR and 4.56x MoM, followed by Aerem, Qubehealth and Kazam.
• Strategic acquisitions of GeoiQ and AFK Gaming by Lenskart and Nodwin Gaming respectively formed part of the exit slate, alongside secondary transactions involving institutional investors and family offices.
• IPV stated that 26 portfolio startups also completed follow-on transactions during FY2026, generating a blended IRR of 84.22% and a 3.33x MoM multiple through structured secondary deals.
• The investment platform said increasing institutional participation, repeat secondary buyers and continued follow-on funding activity reflected growing confidence in IPV-backed startups despite broader liquidity challenges in India’s early-stage investment ecosystem.Read more

22 May 2026

JK Lakshmi Cement reported a 28.67% year-on-year decline in consolidated net profit for the quarter ended March 2026, with earnings falling to INR 125.06 crore amid rising expenditure despite stable revenue growth. The company’s revenue from operations remained largely flat at INR 1,901.53 crore during the quarter, while total expenses increased 5%. Sales volumes, however, rose 8.3% to 3.89 million tonnes, indicating stronger dispatch activity. For the full financial year FY26, the cement maker recorded a 49.52% rise in consolidated net profit to INR 412.61 crore, supported by a 10.2% increase in total income. The company also flagged geopolitical tensions in West Asia, rupee depreciation and supply chain disruptions as potential risks to government capital expenditure and cement demand growth in FY27.Read more

22 May 2026

IRB Infrastructure Developers reported a 38% year-on-year increase in consolidated net profit for the quarter ended March 2026, with earnings rising to INR 296.25 crore despite a decline in operational income. The company’s total income from operations fell to INR 1,976 crore during the quarter, while expenses reduced significantly to INR 1,571 crore, supporting profitability growth. During FY26, the company recorded toll revenue of INR 8,323 crore, marking a 12% increase over the previous year. IRB also confirmed the operationalisation of the Ganga Expressway, resulting in all major projects within its portfolio becoming revenue-generating assets. Separately, the group’s private InvIT associate proposed transferring two assets in Maharashtra and Gujarat to the public IRB InvIT Fund through a non-binding offer valued at INR 4,663 crore.Read more

22 May 2026

WeWork India Management Ltd reported a strong rise in quarterly earnings as demand for managed office spaces and flexible work centres continued to grow across major Indian cities. The company’s consolidated net profit increased 80 per cent to INR 65.55 crore during the March quarter, supported by higher income and steady expansion of its workspace portfolio. Revenue also saw healthy growth during the quarter. However, annual profit for FY26 declined compared to the previous financial year despite a rise in total income, reflecting operational and expansion-related pressures in the flexible office segment.Read more

22 May 2026

• Embassy Developments posted a consolidated net loss of INR 872.47 crore in FY26 despite reporting strong residential sales growth.
• The company recorded pre-sales of nearly INR 4,631 crore during the financial year, driven by projects in Bengaluru.
• Several new housing projects, including Embassy Greenshore and Embassy Verde Phase II, saw strong customer response after launch.
• Embassy Developments continued focusing on debt reduction, collections improvement and expansion in Bengaluru and Mumbai markets.
• The company is also preparing for upcoming launches in Worli, Alibaug and north Bengaluru as part of its growth pipeline.Read more

1 hour ago

IndiFrame has secured a mandate to supply window and door systems for the Midtown residential project in Nalasopara West being developed by Innovision Estates. The G+20 development marks IndiFrame’s entry into the Nalasopara micro-market and includes the supply of sliding windows, casement windows and ventilator systems using uPVC technology. The company stated that the project reflects increasing demand from developers for organised and execution-focused building material partners in residential construction. Midtown is positioned as a large-format residential development in Mumbai’s suburban belt, where infrastructure growth and housing demand are continuing to drive new project launches and urban expansion.Read more

2 hours ago

Casagrand has launched a new residential project, Casagrand Moondance, near Mysore Road in Bengaluru, focusing on spacious low-rise living and larger community spaces. Spread across 8.6 acres, the project will have 504 units in 2 and 3 BHK configurations built across B+G+4 structures. The development includes over 71,500 sq. ft. of themed courtyards, nearly 4.5 acres of open space and more than 65 lifestyle amenities. Located around 15 minutes from RR Nagar, the project is expected to benefit from Metro and NICE Road connectivity while catering to homebuyers looking for less congested residential environments in West Bengaluru.Read more

9 hours ago

Alliance City Developers Realtors Pvt. Ltd. has announced that its residential project, Alliance Abhimanyu, located at Mith Chowky in Malad West, is nearing possession. Registered under MahaRERA (P51800052607), the project comprises 2 BHK and 3 BHK apartments ranging from 600 sq ft to 821 sq ft in RERA carpet area. Positioned along Marve Road, the development is located near key transport and social infrastructure, including the Valnai Metro Station, Western Express Highway, schools, hospitals and retail centres. The developer stated that the project includes amenities such as a landscaped sky garden, gymnasium, podium parking, yoga deck and CCTV surveillance. Alliance City, which has completed 12 projects and is currently developing multiple schemes across Mumbai, said the project reflects its focus on timely execution and end-to-end project management across the residential development cycle.Read more

22 May 2026

• Signature Global Ltd has launched Prive Iconic Tower, a luxury residential development furnished by Armani/Casa, within its SG SPR Estate township in Gurugram.
• The standalone tower will comprise 72 four-bedroom residences with two apartments per floor, targeting low-density premium housing demand.
• The project is being developed in collaboration with SEETU Kohli Homes and forms part of the 125-acre Cloverdale township on Southern Peripheral Road.
• Signature Global expects to generate nearly INR 580 crore in revenue from the development.
• The company said the launch has witnessed strong initial response from high-net-worth individuals, business owners and senior professionals across North India.Read more

22 May 2026

The Maharashtra government has expanded the notified area of the Kharbav Integrated Business Park from 10 villages to 44 villages across the Bhiwandi and Vasai regions, bringing an additional 34 revenue villages under a unified planning framework led by Mumbai Metropolitan Region Development Authority. The move is aimed at accelerating logistics, industrial, warehousing and commercial development in the Mumbai Metropolitan Region (MMR). The expanded business park is expected to support employment generation, infrastructure growth and investment activity while reducing development pressure on core Mumbai through planned economic expansion in emerging growth corridors.Read more

22 May 2026

• Adani Ports and Special Economic Zone will acquire a 100 per cent stake in Jaypee Fertilizers & Industries Limited from Jaiprakash Associates Limited for INR 1,500 crore under the approved insolvency resolution plan.
• The acquisition includes control of Kanpur Fertilizers and Chemicals Limited, which owns around 243 acres of industrial and commercial land in Kanpur.
• APSEZ plans to develop a logistics park and warehousing facilities on the Kanpur land parcel to strengthen its North India logistics operations.
• The deal supports the company’s target of expanding its Multi-Modal Logistics Park network from 12 to 16 locations and increasing warehousing capacity fourfold by 2031.
• The NCLT approved the resolution plan earlier this year, while the NCLAT upheld the order earlier this month.Read more

21 May 2026

• GMR Hyderabad International Airport Ltd has commissioned Cargo Terminal 2 at Hyderabad International Airport to address rising domestic and international cargo demand.
• The new facility spans 16,864 sq m and has been designed with an initial annual handling capacity of 50,000 metric tonnes, expandable to 100,000 metric tonnes.
• The terminal includes dedicated import and export processing zones, cold-chain infrastructure for pharmaceutical cargo, temperature-controlled storage and upgraded cargo handling systems.
• The development is aimed at strengthening Hyderabad’s position as a major pharmaceutical and logistics hub while improving cargo turnaround efficiency and regulatory processing timelines.
• The facility forms part of broader infrastructure expansion initiatives being undertaken by the GMR Group at Hyderabad airport and its surrounding aerocity ecosystem.Read more

19 May 2026

• Colliers India has reported nearly 30% growth in industrial and warehousing rentals across Farukh Nagar and NH-48 in Delhi-NCR during the past five years.
• The consultancy attributed the rise to occupier expansion, growing demand for institutional-grade assets and ongoing infrastructure improvements across major logistics corridors.
• Grade A industrial and warehousing stock across eight major Indian cities reached 299.2 million sq ft by the end of the first quarter of 2026, nearly double the 2021 inventory level.
• Farukh Nagar and NH-48 remain among India’s largest logistics clusters, together accounting for more than 58 million sq ft of Grade A stock.
• Colliers expects rentals across major high-activity industrial clusters to increase by 5-10% annually in the coming years amid sustained manufacturing and logistics demand.Read more

18 May 2026

NITI Aayog has said it is working with the Ministry of Road Transport and Highways and National Highways Logistics Management Limited to revise and update the model concession agreement for multimodal logistics parks, with the aim of improving project viability and implementation. In its Annual Report 2025-26, the policy think tank stated that the revised framework is intended to enhance the bankability and bid attractiveness of logistics infrastructure projects. NITI Aayog also disclosed its involvement in railway station redevelopment projects in Vijayawada and the preparation of a public-private partnership framework for integrated sports stadium developments. The initiatives form part of broader efforts to strengthen infrastructure delivery models through private sector participation across transport, logistics and urban infrastructure segments.Read more

15 May 2026

Warehousing and industrial real estate platform Welspun One has signed a Letter of Intent with state-owned Balmer Lawrie & Co to sublease nearly 65,000 sq ft of Grade A+ warehousing space at WTC Nhava Sheva in the JNPA special economic zone near Mumbai. The agreement marks the first partnership between Welspun One and a central public sector undertaking across its portfolio. The facility is expected to become operational by early 2027 and will support Balmer Lawrie’s expansion into SEZ warehousing and port-linked logistics operations while strengthening its existing logistics and freight handling network at JNPA.Read more

22 May 2026

Indian Hotels Company Limited has announced the signing of a 55-key brownfield Tree of Life resort in Wayanad, Kerala, expanding its presence in the state’s growing leisure hospitality market. The project marks the entry of the Tree of Life brand into Kerala and is being developed in partnership with Saeed Edavankandy. IHCL said the move aligns with its strategy to strengthen its footprint in high-potential tourism destinations across India. With this addition, IHCL’s portfolio in Kerala will increase to 23 hotels, including five properties that are currently under development.Read more

21 May 2026

The National Company Law Tribunal’s Amaravati Bench has approved the resolution plan submitted by Capri Global Holdings Pvt Ltd for SevenHills Healthcare Pvt Ltd under the Insolvency and Bankruptcy Code (IBC). The plan, backed by Reliance Strategic Business Ventures Ltd as equity support provider, relates to the resolution of the Mumbai hospital asset of SevenHills Healthcare. The insolvency proceedings, initiated in 2018 following a petition by Axis Bank, became one of India’s longest-running healthcare insolvency cases due to multiple legal disputes involving lenders, the Municipal Corporation of Greater Mumbai (MCGM) and ownership rights over the hospital land. The approval marks the conclusion of a category-wise resolution process undertaken for the company’s healthcare assets in Mumbai and Visakhapatnam.Read more

20 May 2026

• Indian Hotels Company (IHCL) has signed a 105-key brownfield gateway resort project in Bharatpur, Rajasthan.
• The company said Bharatpur is witnessing rising demand for experiential tourism, destination weddings and MICE activities due to its strategic location and bird sanctuary.
• With the new signing, IHCL’s Rajasthan portfolio will increase to 67 hotels, including 24 under development.
• Separately, Hilton has signed a 96-key Hilton Garden Inn hotel in Kompally, Hyderabad, which is expected to open in 2028.
• Hilton said it plans to significantly expand its India portfolio in the coming years, targeting both major gateway cities and emerging business destinations.Read more

20 May 2026

Investment activity in India’s hotel sector continued to remain strong during the first quarter of 2026, supported by growing investor confidence and rising demand for hospitality assets. According to a recent report by JLL, hotel investments rose 58 per cent year-on-year to nearly USD 185 million during the January-March period. The report highlighted increasing participation from institutional investors, private equity firms, hotel companies and high net-worth individuals. Large transactions, expansion plans by organised hotel operators and new development opportunities around airports and commercial hubs are also contributing to sustained investment momentum across both metro and emerging cities.Read more

20 May 2026

• ITC Hotels reported a 23.1% year-on-year rise in consolidated net profit to INR 317.43 crore for the quarter ended March 2026.
• Revenue from operations increased to INR 1,253.70 crore during the January–March period, while total expenses also rose to INR 895.35 crore.
• The company has signed an agreement to acquire 100% stake in Zuri Hotels and Resorts for an enterprise value of INR 205 crore on a cash-free, debt-free basis.
• The acquisition includes ‘The Zuri Kumarakom, Kerala Resort & Spa’, a 72-key luxury resort spread across 18 acres in Kerala, which will undergo renovation and rebranding.
• During FY26, ITC Hotels signed 33 hotels with over 3,300 keys and reiterated its target of operating 250 hotels with more than 22,000 keys by 2031 under its asset-right expansion strategy.Read more

24 Apr 2026

Aurum PropTech Limited reported crossing the INR 500 crore annualised recurring revenue (ARR) mark during the past quarter, alongside delivering its second consecutive profitable quarter. The company’s total income rose 72% year-on-year in Q4 FY2026 to INR 135 crore, while profitability metrics improved significantly with a positive PBT margin of 2.5%. For the full financial year, income increased 49% to INR 424 crore, with margins narrowing losses. Growth was supported by acquisitions, including PropTiger, and expansion across distribution and rental segments. The company also secured a Small and Medium REIT licence, strengthening its position in India’s evolving real estate investment ecosystem.Read more

14 Apr 2026

Qlik has partnered with ServiceNow to help enterprises integrate data insights into workflows and AI-driven processes, aiming to improve decision-making and efficiency. The collaboration enables businesses to combine data from multiple systems such as ERP, CRM and supply chains to gain a unified operational view. By connecting analytics with workflows, companies can identify patterns, respond faster and make informed decisions in real time. The integration also supports growing demand for AI solutions within existing business environments. As organisations expand AI adoption, the partnership highlights the importance of linking data, insights and actions to drive smarter enterprise operations.Read more

16 Mar 2026

India's real estate sector is steadily moving from traditional practices to a technology-driven ecosystem, with the PropTech segment projected to reach about USD 3.79 billion to USD 4.29 billion by 2030. In this evolving environment, PropTech Pulse has positioned itself as a knowledge-focused digital platform aimed at improving transparency and decision-making in property transactions. The platform combines data tools, market insights, verified listings, and financing assistance to support developers, investors, lenders, and homebuyers. By prioritizing access to verified information and educational resources, the platform seeks to address long-standing trust issues that have affected India's property market for decades.Read more

23 Feb 2026

As property transactions continue to rise across Tamil Nadu, Chennai-based proptech platform LandLens has positioned itself as a due diligence tool aimed at identifying land and property risks before purchase decisions are finalised. Developed by Verified.RealEstate, the platform integrates land records, zoning regulations, environmental indicators and infrastructure constraints into a single digital interface. Industry experts note that many real estate disputes arise not from lack of data but from fragmented information spread across departments, making holistic assessment difficult for buyers. Recent cases involving temple land claims, coastal regulation restrictions and environmental compliance issues have reinforced the need for early verification. LandLens seeks to address this gap by structuring public data into actionable insights, supporting buyers, investors and developers in making informed property decisions before financial commitments are made.Read more

23 Feb 2026

OpenAI and JioHotstar have partnered to integrate streaming recommendations into ChatGPT, enabling users to receive direct links to shows, movies and live sports available on the platform. Entertainment-related queries on ChatGPT will now feature contextual suggestions from JioHotstar's catalogue. The collaboration also introduces a ChatGPT-powered voice discovery feature within the JioHotstar app, allowing users to search by mood, intent or context using natural voice prompts. The companies said the integration aims to simplify content discovery and personalise viewing experiences. The move highlights the growing role of artificial intelligence in reshaping India's digital streaming and media landscape.Read more

14 May 2026

• Devendra Fadnavis said Maharashtra aims to become a USD 1 trillion economy by 2030 and a leading global regional economy by 2047.
• The Chief Minister stated that Maharashtra currently has a USD 660 billion economy and contributes nearly 15 per cent to India’s economy.
• He highlighted large-scale infrastructure investments including the Mumbai Trans Harbour Link, Samruddhi Mahamarg, Navi Mumbai International Airport and Vadhavan Port.
• Fadnavis said Maharashtra is positioning itself as a hub for AI, semiconductors, EVs, advanced manufacturing, clean energy and data centres.Read more

12 May 2026

A government-backed study on income disparity in Nagaland has revealed significant inequality in household earnings across the state, with the top 5 per cent of households accounting for nearly 21 per cent of total income while the bottom 50 per cent receive only around 18 per cent. The report, prepared under the Ministry of Statistics and Programme Implementation in collaboration with the University of Hyderabad, recorded a Gini coefficient of 0.46, indicating a high level of income concentration. The findings also showed that urban areas have marginally higher inequality than rural regions, while districts such as Longleng reported the sharpest income disparities across both urban and rural households.Read more

06 May 2026

The Union government has begun identifying households holding both liquefied petroleum gas (LPG) and piped natural gas (PNG) connections to enforce a recent regulatory amendment prohibiting dual ownership. The move, notified under the Liquefied Petroleum Gas (Regulation of Supply and Distribution) Order, 2000, requires consumers with PNG access to surrender domestic LPG connections. More than 43,000 such connections have already been relinquished, though officials expect higher compliance. The policy aims to prioritise subsidised LPG supply for households without piped gas access, amid constraints driven by global energy disruptions. The decision follows supply pressures linked to geopolitical developments in West Asia, which have impacted India’s imports of crude oil, natural gas and LPG, prompting the government to rationalise allocation and limit fresh LPG connections.Read more

05 May 2026

India’s foreign direct investment (FDI) inflows have shown steady strength in the current financial year, crossing USD 88 billion during the April–February period of FY26. Officials indicated that total inflows are expected to reach around USD 90 billion by the end of the fiscal year. Government efforts such as policy reforms, expansion of free trade agreements, and overall economic growth have supported investor confidence. The country has also continued to remain an attractive destination for global capital in recent years, backed by its large market and improving business environment.Read more

04 May 2026

Reserve Bank of India has initiated three key surveys, including the inflation expectations survey of households, to gather inputs for upcoming monetary policy decisions. The May 2026 round covers 19 cities and captures household views on price trends over the near and medium term. Alongside this, the central bank has rolled out urban and rural consumer confidence surveys to assess economic sentiment, employment outlook, and spending patterns. The findings are expected to inform deliberations of the Monetary Policy Committee, scheduled to meet in the coming weeks, as the central bank evaluates inflation trends and broader economic conditions.Read more

2 hours ago

Kiku Sharda has received possession of an apartment at Skyz by Danube, a residential development by Danube Properties located in Arjan, Dubai. The fully furnished residential tower forms part of Dubai’s expanding mid-premium housing market and offers lifestyle-focused amenities targeted at both investors and end-users. The developer stated that the handover reflects continued investor interest in Dubai’s residential market, particularly among international buyers and celebrities. The development comes amid sustained demand for Dubai real estate driven by rental returns, investor-friendly regulations and ongoing infrastructure expansion across the emirate’s residential and commercial sectors.Read more

8 hours ago

• Institutional investors increased holdings in AI infrastructure, semiconductor, data centre and utility companies during the first quarter of 2026, according to SEC filings reviewed by Reuters.
• Companies such as Oracle, Arista Networks, Vertiv and Digital Realty saw strong institutional buying activity.
• Investors remained cautious on major technology firms within the “Magnificent Seven” group, including Meta and Microsoft, amid concerns over AI spending and growth sustainability.
• The software-as-a-service sector witnessed net selling pressure as investors assessed the possible impact of AI on traditional business models and profitability.
• Semiconductor stocks continued to attract strong investor interest, with more than 4,100 institutions either increasing holdings or initiating fresh positions during the quarter.Read more

10 hours ago

CSI Properties Ltd and one of its subsidiaries have entered into a subscription agreement for an additional issue of new notes to raise gross proceeds of USD 50.875 million. The fundraising move comes as several property companies continue to explore debt refinancing and liquidity management amid cautious market conditions. The company disclosed the development in a regulatory filing, stating that the agreement relates to an additional notes issuance. While detailed terms of the subscription were not disclosed, the proceeds are expected to support the company’s broader financing and operational requirements.Read more

15 hours ago

Abu Dhabi National Oil Company said the UAE’s new oil pipeline connecting Abu Dhabi to Fujairah is around 50% complete. The project is intended to expand crude export capacity outside the Strait of Hormuz and strengthen energy supply routes amid continuing geopolitical tensions in the region. ADNOC stated that the pipeline forms part of the UAE’s broader strategy to diversify export infrastructure and improve direct access to the Gulf of Oman. The development comes as Gulf energy producers increase investments in alternative export corridors, storage facilities and logistics infrastructure to reduce dependence on Hormuz-linked shipping routes.Read more

22 May 2026

South Africa-based Balwin Properties has received a formal acquisition proposal from Bidco to acquire all eligible issued shares in the company through a scheme of arrangement. The proposed transaction values each scheme share at ZAR 4.35 in cash. The offer was disclosed in a filing to the Johannesburg Stock Exchange (JSE), where the company confirmed receipt of a firm intention letter from Bidco. The development comes at a time when property companies in several global markets are witnessing consolidation amid changing market conditions, financing costs, and pressure on residential demand.Read more