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21 May 2026
• Vijayawada Municipal Corporation (VMC) plans to introduce a QR code-based property identification system across the city.
• Residential and commercial properties will receive unique QR-enabled door numbers linked to digital property records.
• The initiative aims to improve property tax administration, verification processes and accuracy of municipal records.
• Civic officials expect the system to help reduce discrepancies in property data and support better urban governance.
• The move is part of the growing adoption of digital property management systems by municipal bodies across India.Read more
21 May 2026
The Brihanmumbai Municipal Corporation (BMC) is moving ahead with a citywide smart parking initiative aimed at enabling motorists to digitally reserve parking spaces through a unified mobile and web-based platform. The proposed system will provide real-time parking availability, advance booking and digital payment facilities across municipal and private parking locations. The move comes amid rising vehicle density in Mumbai, where government data indicates nearly 2,300 vehicles per kilometre and over three lakh vehicle registrations during 2025. Industry experts have welcomed the initiative, stating that digital parking management can improve traffic flow and parking efficiency, but emphasised that Mumbai will also require large-scale development of mechanised, vertical and multi-level parking infrastructure to address long-term urban mobility challenges.Read more
21 May 2026
Central Bank of India is set to operationalise its IFSC Banking Unit (IBU) at GIFT City in Gandhinagar in the first week of next month after receiving approvals from the Reserve Bank of India and the International Financial Services Centres Authority. The move is aimed at expanding the bank’s international banking operations and increasing its foreign exchange business. The public sector lender plans to offer foreign currency loans, trade finance and treasury services through the new unit. The bank also said it is well prepared for the Expected Credit Loss (ECL) framework scheduled to come into effect from April 1, 2027, backed by additional provisions and stronger risk monitoring systems.Read more
21 May 2026
The National Highways Authority of India has raised concerns over increasing instances of motorists using tampered or obscured vehicle number plates to avoid toll payments at newly introduced barrier-less toll plazas. The issue has emerged at the camera-based Multi-Lane Free Flow (MLFF) toll system operational on Delhi’s Urban Extension Road-II corridor near Mundka. According to reports, some motorists are concealing or modifying High Security Registration Plates to disrupt automatic number plate recognition systems used for toll deduction. NHAI has sought stricter enforcement support from transport authorities as the government accelerates the rollout of AI-enabled and satellite-supported seamless tolling infrastructure across national highways to reduce congestion and improve traffic movement.Read more
20 May 2026
Marine Electricals (India) Ltd has secured new orders worth INR 208.72 crore from Adani Infra (India) Ltd and Udupi Cochin Shipyard Ltd for power distribution and alarm monitoring systems. The contracts involve the supply of power distribution systems to Adani Infra and alarm monitoring systems to Udupi Cochin Shipyard, with execution timelines ranging from 12 to 24 months. The company disclosed the contracts through a regulatory filing during the past week and stated that the transactions do not fall under related party arrangements. The order win comes amid rising infrastructure and maritime sector investments, including ongoing expansion across ports, shipbuilding, logistics and industrial infrastructure projects in India.Read more
20 May 2026
RITES Ltd reported a slight decline in its net profit for the March quarter of FY26 as higher operational expenses weighed on earnings. The company posted a net profit of INR 129.97 crore compared to INR 132.71 crore in the corresponding period last year. Despite the dip in profitability, revenue saw strong growth driven by increased business activity across segments. Total income rose to INR 799.21 crore during the quarter, while expenses also climbed significantly. The company’s board has recommended a final dividend of INR 2.75 per share for FY26, subject to shareholder approval.Read more
20 May 2026
The Bihar government is preparing to introduce mandatory map approvals for apartments and multi-storey residential projects in rural areas to regulate rising construction activity outside municipal limits. The proposed rules, being drafted by the Panchayati Raj Department, are aimed at improving planning, construction safety and transparency in village housing projects. The state is also considering a RERA-like system for larger rural developments, including project registration, escrow account norms and compensation provisions for delayed possession. The move comes as real estate activity increases in rural pockets near Patna and other fast-growing urban centres in Bihar.Read more
20 May 2026
• Digital Realty has opened its first data center in Barcelona, expanding its presence across the Mediterranean region.
• The new facility will have a planned capacity of 14 MW to support growing digital infrastructure demand.
• The Barcelona data center is expected to cater to rising requirements for cloud computing, AI workloads, and data storage services across Southern Europe.
• Barcelona is emerging as an important connectivity hub due to its subsea cable links and improving digital ecosystem.
• The expansion strengthens Digital Realty’s European network strategy as demand for large-scale data centers continues to rise globally.Read more
20 May 2026
The Thane Municipal Corporation (TMC) has earmarked nearly 100 acres of land linked to the Sanjay Gandhi National Park (SGNP) under its draft planning proposals, drawing concerns from environmental groups and forest authorities. The land has reportedly been proposed for public-use and green infrastructure purposes as part of the city’s development framework. The move comes amid continuing legal and policy discussions around forest land, rehabilitation planning and development activity near SGNP, where urban expansion and infrastructure growth have increasingly intensified land-use pressures.Read more
20 May 2026
• BMC has set a June 2026 deadline to open the long-delayed Vidyavihar east-west flyover in Mumbai.
• The 650-metre flyover will connect LBS Marg and Ramkrishna Chemburkar Marg over Vidyavihar railway station.
• The project has faced repeated delays due to encroachments, construction hurdles and tree-cutting approvals.Read more
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20 May 2026
• J Kumar Infraprojects Ltd reported a 4 per cent decline in consolidated net profit to INR 109.6 crore for the quarter ended March 2026.
• The company had posted a consolidated net profit of INR 114.2 crore in the corresponding period last year.
• Consolidated income during the quarter fell marginally to INR 1,616.5 crore from INR 1,642.6 crore a year ago.
• The board recommended a dividend of INR 4 per equity share for FY26, subject to shareholder approval at the upcoming Annual General Meeting.
• J Kumar Infraprojects continues to focus on metro, tunnelling, irrigation, and other complex infrastructure projects across India.Read more
20 May 2026
The Mumbai-Ahmedabad Bullet Train project has achieved a major construction milestone with the lowering of the first Tunnel Boring Machine cutterhead at Vikhroli in Mumbai. The 13.6-metre-diameter cutterhead forms part of two TBMs being assembled for excavation of a 16 km underground tunnel section, including India’s first undersea rail tunnel beneath Thane Creek. Each TBM weighs over 3,000 tonnes and is designed to construct a single tunnel carrying both high-speed rail lines.The cutterhead, weighing around 350 tonnes, has been fitted with 84 cutter discs, 124 scrapers and 16 bucket lips for excavation and muck removal operations. The machine will tunnel nearly 6 km from Vikhroli to Bandra Kurla Complex beneath dense urban areas and the Mithi river, with multiple monitoring systems being deployed to ensure structural and excavation safety during construction.Read more
20 May 2026
• The West Bengal government has granted in-principle approval for handing over seven national highway stretches to National Highways Authority of India and National Highways and Infrastructure Development Corporation Limited.
• The decision is expected to revive long-pending infrastructure works on strategic road corridors that were awaiting formal transfer from the state Public Works Department.
• Key stretches include NH-312 connecting multiple districts up to the India-Bangladesh border, along with portions of NH-31 and NH-33 in West Bengal.
• Several northern corridors linking Sikkim, Bhutan and Bangladesh, including routes in Kalimpong, Darjeeling and Jaigaon, will now be developed by NHIDCL.
• The move is aimed at accelerating national highway development, improving cross-border connectivity and easing execution delays that had persisted for nearly a year.Read more
20 May 2026
• Bhajanlal Sharma inaugurated Rajasthan’s first semiconductor cluster at Bhiwadi and highlighted the state government’s push to strengthen industrial investment through 35 sectoral policies introduced over the past two years.
• The project forms part of a broader industrial expansion strategy covering semiconductors, electronics manufacturing, renewable energy and infrastructure development across Rajasthan.
• The Bhiwadi electronics manufacturing cluster involves an investment of INR 1,200 crore and is expected to create employment opportunities for around 2,500 people.
• The event also included inauguration and foundation laying ceremonies for multiple projects in Khairthal-Tijara district, including the Elsina Electronics Complex and a 34 MLD sewage treatment plant.
• Union ministers Ashwini Vaishnaw and Bhupender Yadav attended the programme virtually and outlined the Centre’s focus on semiconductor and electronics manufacturing growth.Read more
20 May 2026
Ganesh Housing Corporation has launched Million Minds Tech City, an IT Special Economic Zone (SEZ) project in Ahmedabad, nearly 18 years after the original land allotment process began. The proposed development is aimed at attracting Global Capability Centres (GCCs), technology companies and innovation-led businesses to Gujarat. Planned as a large integrated commercial hub, the project is expected to strengthen Ahmedabad’s position in India’s office leasing market as cities beyond Bengaluru and Hyderabad increasingly compete for technology and back-office investments from multinational occupiers.Read more
20 May 2026
The Brihanmumbai Municipal Corporation has invited bids to appoint a technology agency for development and operation of an integrated Construction and Demolition (C&D) Waste Management Portal across Mumbai. The proposed platform will integrate mobile applications, a web portal and existing BMC systems including AutoDCR, GIS and financial databases to streamline waste tracking, approvals and monitoring. The selected agency will handle platform development, cybersecurity compliance, API integration, cloud hosting and long-term operations and maintenance. BMC stated that the system is intended to enable real-time data synchronisation, grievance tracking and improved regulatory oversight across departments.Read more
20 May 2026
• New Delhi Municipal Council has announced a 50% rebate on parking charges for electric vehicles across its parking facilities in Lutyens’ Delhi as part of a wider green mobility initiative.
• The civic body has also launched shuttle bus services for employees from multiple residential colonies beginning May 15 to reduce private vehicle dependence and fuel consumption.
• The measures were approved during a meeting chaired by NDMC vice chairman Kuljeet Singh Chahal amid concerns around fuel conservation, environmental protection and sustainable urban mobility.
• NDMC has additionally decided not to procure new petrol, diesel or CNG vehicles for one year and will encourage metro use, carpooling, cycling and shared mobility among employees.
• The council plans to expand shuttle connectivity to 14 additional residential areas while also strengthening e-rickshaw and e-auto connectivity for last-mile access.Read more
20 May 2026
The Mumbai Metropolitan Region Development Authority has flagged a funding gap of around INR 4,973.07 crore for ongoing metro infrastructure works, intensifying a financial dispute with the Brihanmumbai Municipal Corporation over development charge-linked support. State government documents show that MMRDA is relying on contributions from local bodies, including BMC’s 1 per cent development charge collections, to fund Metro Line 9 and Line 7A civil works. The documents also outline rising capital expenditure commitments and funding pressures across multiple transport projects managed by MMRDA amid continued metro and regional infrastructure expansion in the Mumbai Metropolitan Region.Read more
20 May 2026
The Delhi Development Authority (DDA) has identified 14 land parcels across metro-linked corridors in Delhi for transit-oriented development (TOD) projects aimed at increasing affordable and mixed-use housing supply within the Capital. Spread across locations including Karkardooma, Dwarka, Rohini, Peera Garhi and Shahdara, the sites collectively cover more than 300,000 square metres and are expected to support high-density residential, commercial and institutional developments near public transport infrastructure. The move follows the notification of revised TOD regulations by the Centre and the Delhi government in the past month, extending TOD norms across nearly 207 sq km in Delhi. The authority is also seeking private sector participation for the projects as it attempts to curb outward residential migration to NCR cities and promote compact urban growth around metro corridors.Read more
20 May 2026
• BMC has revived the long-pending Mahim–Bandra East flyover project to reduce congestion along the Western Express Highway and nearby arterial roads.
• The proposed INR 220.17 crore flyover will connect Fishermen Colony in Mahim to Bandra East near the Kalanagar flyover through an elevated corridor over the Mithi River.
• The project had remained stalled for nearly three years after failed tenders in 2022 and 2023, and is expected to improve connectivity between Mahim, Bandra East, SV Road, the Bandra-Worli Sea Link and WEH.Read more
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