13 Jul 2026

The Delhi Development Authority (DDA) has invited developer entities to participate in projects under its revised Transit-Oriented Development (TOD) policy, introducing a single-window approval mechanism to simplify clearances. The initiative, announced in the past week, covers land within a 500-metre stretch on either side of metro corridors and a 500-metre radius around rapid rail stations, opening nearly 207 sq km for planned mixed-use development. Developers will submit applications through the DDA's Online Building Permission System (OBPS), with approvals processed by the TOD Committee. The policy aims to promote planned urban development, expand affordable housing, improve metro ridership and enable coordinated growth alongside existing and upcoming metro corridors across Delhi.Read more

12 Jul 2026

Indian engineering and infrastructure companies are exploring business opportunities in South Africa as the country moves ahead with plans to modernise its rail and logistics network. During the Africa Rail Expo, Indian firms held discussions with local stakeholders and signed new partnership agreements, reflecting growing commercial ties between the two countries. Indian officials highlighted the country's experience in rail infrastructure, ports and power systems, while companies showcased technologies ranging from rail construction and welding equipment to insulation materials, with some even considering local manufacturing in South Africa.Read more

12 Jul 2026

Laser Power & Infra has raised around INR 223 crore from anchor investors ahead of the opening of its INR 742 crore initial public offering (IPO). The anchor round attracted participation from leading domestic mutual funds, insurance companies and global investors. The IPO includes a fresh issue of INR 542 crore and an offer for sale worth INR 200 crore by promoters. The company plans to use most of the fresh issue proceeds to reduce debt. With manufacturing facilities in West Bengal and a strong order book, the company operates across power cable manufacturing and EPC services.Read more

12 Jul 2026

Global Capability Centres (GCCs) are increasingly positioning cybersecurity as a strategic business function as enterprises expand their digital operations through cloud computing, artificial intelligence (AI), connected technologies and hybrid work models. Rising cyber threats, stricter regulatory requirements and the growing sophistication of AI-enabled attacks are prompting organisations to strengthen cyber resilience across global operations. Indian GCCs are playing a larger role by managing Security Operations Centres (SOCs), cloud security, threat intelligence, identity and access management, and incident response for multinational companies. Alongside technology adoption, organisations are also investing in cybersecurity talent and AI-driven security capabilities to protect enterprise systems, support regulatory compliance and embed security into long-term digital transformation strategies.Read more

12 Jul 2026

Mira-Bhayandar is witnessing increased activity from organised retail, hospitality and food and beverage brands as infrastructure upgrades and residential expansion continue to reshape the Mumbai Metropolitan Region (MMR) suburb. Since the post-pandemic reopening, more than 30 premium brands have established a presence in the micro-market, spanning apparel, quick-service restaurants, lifestyle retail and hospitality. Industry stakeholders attribute the growing commercial interest to improving connectivity, including Metro Line 9, rising residential demand and increasing purchasing power. With annual residential price appreciation estimated at 12–15% and additional premium retail and hospitality projects planned, Mira-Bhayandar is gradually emerging as a mixed-use urban destination within the MMR.Read more

12 Jul 2026

Assam's transport corridors are reshaping how people, industries and heritage destinations connect across the state. Highways, bridges, rail links and inland waterways are improving regional mobility while supporting industrial growth, tourism and urban expansion. During FY2025-26, projects under Bharatmala, bridge construction across the Brahmaputra, logistics infrastructure and multimodal transport initiatives continued to strengthen connectivity. Together, these corridors are reinforcing Assam's position as the gateway to Northeast India while linking economic centres with cultural and natural landmarks.Read more

12 Jul 2026

Electric vehicle manufacturer VinFast has appointed automotive industry veteran Prashanth Rao as Chief Executive Officer of VinFast Middle East as part of its strategy to strengthen operations and expand its presence across the region. Based in Dubai, Rao will oversee the company's regional business, dealer network expansion, customer experience and electric vehicle (EV) adoption initiatives. He brings more than two decades of automotive industry experience across the Middle East, India, Europe, Africa and Asia Oceania, covering both electric and internal combustion engine vehicle businesses. Prior to the appointment, Rao served as Deputy CEO of VinFast India, where he helped establish the company's EV ecosystem, charging infrastructure and dealer network. The leadership change forms part of VinFast's broader international growth strategy.Read more

12 Jul 2026

The Kerala government has referred a proposal to transfer a 49% stake in the Vizhinjam International Seaport project to Mediterranean Shipping Company (MSC) to an Empowered Committee for detailed review. The panel will examine the concession agreement, legal provisions and the state's interests before submitting its recommendations to the Cabinet. The move follows Adani Ports' request for prior approval, with the government stating that no decision on the proposed stake transfer will be taken until the review is completed.Read more

12 Jul 2026

Workspace Group has reiterated its willingness to engage with all shareholders, including Saba, while rejecting the activist investor's proposal to accelerate or increase property disposals. The company said such a strategy would be unrealistic in the current market and could force it to sell assets at deeper discounts. The board maintained that its existing business strategy, management changes and medium-term plan are designed to improve earnings, strengthen customer offerings and deliver higher long-term returns. It also agreed that the company's current share price does not reflect its underlying value.Read more

12 Jul 2026

Navi Mumbai recorded an average rainfall of 53.40 mm between 8.30 am and 5.30 pm on 6 July, following two consecutive days of exceptionally heavy rainfall across the municipal area. Strong winds accompanying the rain resulted in 62 tree fall incidents, prompting the Navi Mumbai Municipal Corporation's Fire Department to undertake continuous clearance operations to restore traffic movement. The civic administration has kept its emergency response machinery on alert under the directions of Municipal Commissioner Dr Kailas Shinde, while Mayor Sujata Patil reviewed the ground situation during field inspections. Residents have been advised to avoid unnecessary travel, stay away from trees and vacate buildings declared structurally unsafe as heavy rainfall continues across the city.Read more

11 Jul 2026

Trastor Real Estate Investment Company SA has completed the sale of an underground parking property in Maroussi, Greece, for EUR 4.1 million. The transaction was completed at a price that is 18.8% higher than the property's latest independent valuation, reflecting strong investor demand for well-located income-generating real estate assets. The sale forms part of the company's ongoing portfolio management strategy, under which it regularly reviews and monetises mature assets while strengthening its investment portfolio across the Greek real estate market.Read more

11 Jul 2026

• Hanging advertisement hoardings, prohibited by the Madras High Court on road safety grounds, have resurfaced at several traffic signal junctions across Trichy, triggering concerns among commuters and safety activists.
• Residents and road safety experts have warned that the hoardings obstruct motorists' visibility of traffic signals, particularly at busy intersections, increasing the risk of accidents.
• Activists have urged the Trichy City Corporation and police to strictly enforce the court's order and remove unauthorised advertisements installed on signal poles.
• Civic officials said action would be initiated against violations, while road safety campaigners called for regular inspections to prevent the illegal display of hoardings.Read more

11 Jul 2026

BuildwellAI has launched a compliance intelligence platform designed to help contractors, inspectors and asset owners improve documentation, inspections and regulatory compliance across construction projects in the UK. Developed specifically for the UK construction market, the platform combines artificial intelligence, computer vision and automation to create a real-time digital record of construction activity aligned with Building Safety Act requirements. Led by construction risk specialist Ben Smallwood, the company said the platform addresses compliance challenges arising from fragmented record-keeping and delayed defect detection. The launch comes as the Get It Right Initiative estimates that avoidable construction errors cost the UK industry approximately GBP 21 billion annually. BuildwellAI comprises five integrated applications covering defect detection, inspections, compliance documentation, technical assistance and regulatory updates.Read more

11 Jul 2026

The National Institute of Construction Management and Research (NICMAR) concluded the inaugural Bharat Nav-Nirmaan Challenge 2025–26 with its National Grand Finale in Mumbai, bringing together finalists from IIT Delhi, Maturi Venkata Subba Rao Engineering College and Pimpri Chinchwad College of Engineering. The nationwide infrastructure innovation competition, supported by the All India Council for Technical Education (AICTE), engaged more than 20,000 students from over 500 institutions. Pimpri Chinchwad College of Engineering secured the national title and a prize package valued at INR 30 lakh. The event also featured an Industry-Academia Conclave focusing on collaboration, technology adoption and talent development to support India's infrastructure sector and the long-term vision of Viksit Bharat 2047.Read more

11 Jul 2026

Kutch's expanding transport network is reshaping how visitors experience one of Gujarat's most diverse regions. Improved highways, railway upgrades, airport modernisation and tourism infrastructure are strengthening access to archaeological sites, coastal towns, ports and artisan villages beyond the White Rann. During FY2025-26, infrastructure projects, heritage conservation and hospitality investments continued to improve regional connectivity, supporting tourism, trade and local businesses while preserving the landscapes and cultural traditions that define Kutch.Read more

11 Jul 2026

Construction has resumed at the 9-acre Majaswadi Sarvodayanagar redevelopment project in Jogeshwari East after the final occupants vacated the site, ending a 17-year delay that had stalled the MHADA redevelopment scheme. The project, comprising 576 MHADA tenements, was previously undertaken by Acme Realties before insolvency proceedings halted development. Following approval by the National Company Law Tribunal (NCLT), Mantra Group assumed responsibility for completing the redevelopment, including homes for remaining tenants and two partially completed sale towers. The company has also secured an investment of INR 340 crore from ASK Property Fund to support the project's revival, with construction now underway across the fully cleared site.Read more

11 Jul 2026

The Mussoorie Dehradun Development Authority (MDDA) has opened public consultation for the draft Dehradun Master Plan 2041, inviting suggestions and objections from residents and stakeholders before the plan is finalised. The revised blueprint focuses on planned urban expansion, transport infrastructure, environmental conservation, affordable housing, and balanced land use to accommodate future population growth. Citizens can review the draft online and at designated offices, with the feedback process expected to shape the city's long-term development strategy.Read more

11 Jul 2026

Ekter Building Real Estate Hotel Commercial Industrial SA has secured a EUR 8.8 million contract with Democritus University of Thrace to complete facilities for its medical school. The project is scheduled to be completed within 24 months and adds to the company's growing order book. Following the agreement, Ekter's total backlog of public and private sector projects has increased to EUR 211.8 million. The contract strengthens the company's presence in public infrastructure projects, particularly in the education sector, while supporting its long-term project pipeline.Read more

11 Jul 2026

Enlite, a Mumbai-based deep-tech company specialising in intelligent infrastructure systems, has secured its second Indian patent for a cloud-based configuration system designed for building management controllers. Announced on 7 July, the patent covers a centralised framework that enables remote configuration, testing and deployment of controllers, replacing conventional site-based processes. The technology is intended to simplify commissioning and operation of intelligent buildings by reducing manual intervention, shortening deployment timelines and supporting consistent management across multiple locations. It also incorporates remote maintenance, version control and real-time synchronisation, making it suitable for commercial buildings, airports, hospitals, educational institutions, hospitality assets, industrial facilities and data centres.Read more

Mumbai News Desk

11 Jul 2026

• The Maharashtra government has submitted a INR 13,000-crore integrated flood-control plan to the Centre to tackle Mumbai's recurring monsoon flooding and improve the city's long-term climate resilience.
• The proposed project aims to address 370 chronic flooding hotspots, with the objective of draining accumulated rainwater within 30 minutes, even during periods of high tide.
• The plan includes major upgrades to the stormwater drainage network, advanced flood management systems and infrastructure interventions to reduce waterlogging across the city.
• Chief Minister Devendra Fadnavis said the project forms part of a broader strategy to strengthen Mumbai's urban infrastructure and improve resilience against increasingly intense rainfall events.Read more