08 Jul 2026

A total of 174 families have been relocated to facilitate the construction of terminal stations for Mumbai's proposed Pod Taxi project in Bandra-Kurla Complex (BKC). The rehabilitation clears the way for implementing India's first large-scale automated personal rapid transit system, designed to improve last-mile connectivity within BKC. The project, estimated to cost INR 1,016.34 crore, will operate on a public-private partnership (PPP) model and is expected to serve the growing commuter base travelling between BKC and nearby railway stations. Construction is planned over three years, followed by a 30-year concession period.Read more

Ludhiana News Desk

08 Jul 2026

Four illegally constructed commercial buildings were demolished by the Ludhiana Municipal Corporation (MC) as part of an enforcement drive against unauthorised constructions violating building bylaws. The action targeted three buildings in Model Town Extension and one in Model Town Gol Market, where construction had proceeded without mandatory approvals. Civic officials said the demolition was carried out following routine inspections and reiterated that similar action would continue against violators. The drive forms part of the corporation's broader effort to strengthen compliance with urban planning regulations and curb unauthorised commercial development in the city.Read more

08 Jul 2026

Tata Power Solaroof, a part of Tata Power Renewable Energy Limited, has launched the 'Ghar Ghar Solar' campaign in Punjab, targeting the installation of rooftop solar systems with battery energy storage solutions across one lakh households over the next three years. According to the company, the initiative combines rooftop solar, battery storage and financing support to encourage wider adoption of distributed renewable energy. The programme aligns with the Centre's PM Surya Ghar Muft Bijli Yojana, under which eligible households can avail subsidies for rooftop solar installations. Tata Power has also introduced a village-focused campaign to promote community participation in solar adoption across rural and semi-urban areas.Read more

08 Jul 2026

Union Minister for Road Transport and Highways Nitin Gadkari reviewed the progress of multi-modal logistics parks (MMLPs), ropeway projects, intermodal stations and wayside amenities being developed across India during a meeting of the National Highways Logistics Management Ltd (NHLML). The review focused on project implementation, multimodal connectivity and infrastructure delivery. Gadkari assessed project-specific challenges and directed stakeholders to address execution bottlenecks on priority to accelerate completion. According to the government, the projects are intended to improve logistics efficiency, strengthen connectivity across transport modes, lower transportation costs and support regional economic development through the creation of integrated transport infrastructure.Read more

08 Jul 2026

The Central government is preparing a comprehensive strategy to attract global pension funds and sovereign wealth funds (SWFs) to finance India's expanding infrastructure pipeline and net-zero transition. The initiative targets long-term investors from countries including Australia, Japan, Canada, the UAE, Saudi Arabia and Norway, while leveraging platforms such as the National Investment and Infrastructure Fund (NIIF). The move aims to bridge India's projected USD 6.5 trillion climate financing gap by encouraging greater participation in highways, railways, ports, airports and renewable energy projects through stable policy support and investment-friendly financing structures.Read more

08 Jul 2026

• The India Meteorological Department (IMD) issued the season's first red alert for Mumbai and adjoining districts as intense monsoon activity triggered widespread heavy rainfall.
• Several parts of Mumbai recorded more than 100 mm of rainfall within 24 hours, causing waterlogging, traffic congestion and disruption to suburban rail and road transport.
• Civic authorities intensified flood response measures, while schools in some neighbouring districts were shut as a precaution and residents were advised to avoid unnecessary travel.
• The IMD attributed the weather to multiple active monsoon systems and warned that heavy to extremely heavy rainfall could continue over Konkan and adjoining regions in the coming days.Read more

07 Jul 2026

IRB Infrastructure Developers Ltd has announced that its sponsored platforms, IRB Infrastructure Trust and IRB InvIT Fund, have entered into a binding term sheet for the transfer of two build-operate-transfer (BOT) highway assets at an enterprise value of INR 4,605 crore. The transaction involves highway projects in Maharashtra and Rajasthan and has received approval from the boards of the investment managers of both entities. The company said the transfer forms part of its asset monetisation and platform strategy, while supporting its long-term objective of expanding its infrastructure asset base through its sponsor and operations and maintenance platform.Read more

07 Jul 2026

Cube Highways Trust is preparing to launch an initial public offering (IPO) worth around INR 5,000 crore later this month, according to people familiar with the matter. The proposed issue will comprise entirely an offer-for-sale (OFS), aimed at broadening the InvIT's investor base and improving trading liquidity. As of March 31, 2026, the infrastructure investment trust owned 27 operational highway assets covering 8,754 lane kilometres across 12 states and one Union Territory. During FY26, the trust completed nine acquisitions, increased its assets under management to INR 36,842 crore, declared distributions of INR 1,851 crore and signed commitment letters for four additional highway projects.Read more

07 Jul 2026

Traffic on the Mumbai-bound carriageway of the Mumbai–Pune Expressway's Missing Link bypass resumed late on Monday after remaining closed for more than 18 hours due to a landslide triggered by heavy rainfall. The Maharashtra State Road Development Corporation (MSRDC) reopened two lanes following detailed safety inspections near Tunnel 2, while one lane remained closed because of continued water flow from the hillside above. The landslide damaged a protective drainage structure but did not affect the structural integrity of the tunnel. During the closure, traffic was diverted through the Lonavala ghat section, contributing to severe congestion on the expressway. Authorities restored movement only after debris removal and engineering assessments confirmed the route was safe.Read more

07 Jul 2026

The Andhra Pradesh government has built an investment pipeline of more than 275 industrial projects across the Rayalaseema region, with proposed investments exceeding INR 4.58 lakh crore and the potential to generate over 3.57 lakh employment opportunities, according to government sources. The pipeline includes 172 projects approved by the State Investment Promotion Board (SIPB) and 103 investment proposals signed during the CII Partnership Summit. The investments span sectors including steel, electronics, semiconductors, renewable energy, defence, aerospace, automotive, footwear and food processing, with districts across Rayalaseema being developed as specialised manufacturing clusters supported by industrial infrastructure, logistics, connectivity and workforce development initiatives.Read more

07 Jul 2026

The Telecom Regulatory Authority of India's (TRAI) proposal to introduce a separate infrastructure provider category for satellite communication services has received support from both telecom operators and satellite service providers. Industry stakeholders believe the framework can promote infrastructure sharing, improve operational efficiency and accelerate satellite broadband deployment across the country. However, discussions continue on issues such as spectrum usage, regulatory obligations and the scope of infrastructure sharing as the sector prepares for commercial satellite communication services.Read more

07 Jul 2026

Senior officials of the Andhra Pradesh Capital Region Development Authority (APCRDA) reviewed the construction progress of Iconic Towers 1 and 2 at the Amaravati Government Complex. During the site visit, APCRDA Commissioner V. Vijaya Rama Raju and Additional Commissioner Abhishek Kumar assessed the pace of work and held discussions with contractors and engineering officials. The review focused on construction quality, safety, project timelines and resource deployment. Officials directed the executing agencies to maintain prescribed standards while ensuring adequate manpower and faster execution to achieve the planned project milestones.Read more

07 Jul 2026

NHAI has prohibited all public and private vehicle movement on the under-construction Bilaspur–Urga section of NH-130A, part of the Raipur–Dhanbad Economic Corridor under the Bharatmala Pariyojana. All entry and exit points have been sealed, with CCTV surveillance being installed to prevent unauthorised access. The stretch remains exclusively reserved for construction personnel, machinery and project-related vehicles until commissioning. The authority has warned that violators will face legal action and urged motorists to use designated alternative routes.Read more

07 Jul 2026

Indian Railways has sanctioned an INR 274 crore project to modernise signalling infrastructure across 20 locations in the Malda Division of Eastern Railway. The project will replace ageing relay-based interlocking systems with advanced Electronic Interlocking technology at 18 stations and two Intermediate Block Signalling locations. The upgrade is expected to improve safety, operational reliability, punctuality and maintenance efficiency on one of Eastern Railway's busiest corridors. The initiative also prepares the network for future technologies, including Kavach and other advanced signalling systems.Read more

07 Jul 2026

The Association of Private Airport Operators (APAO) has urged the Ministry of Civil Aviation to restore the regular landing and parking charges for domestic flights after the temporary three-month concession ends on July 6. The association said the relief, introduced to support airlines during disruptions caused by the West Asia conflict, was intended as a short-term measure. It also requested permission for airport operators to recover the revenue lost during the concession period through an approved mechanism, stating that continued discounts could affect airport finances and future infrastructure investments.Read more

07 Jul 2026

A new submarine cable system connecting India, Malaysia and Singapore has been unveiled, marking a significant step in strengthening digital infrastructure across South and Southeast Asia. Developed by digital network infrastructure company Lightstorm with Microsoft as a key partner, the India International Subsea Cable Express (I-2SEA) aims to provide high-capacity, low-latency connectivity between major data centre hubs. The project is expected to support growing cloud adoption, artificial intelligence workloads, enterprise digital services and cross-border data traffic while enhancing network resilience across the region.Read more

07 Jul 2026

A delegation from Singapore completed a two-day visit to Amaravati to understand the progress of the Andhra Pradesh capital city project and assess its investment potential. Officials from the Andhra Pradesh Capital Region Development Authority (APCRDA) presented the city's master plan, ongoing infrastructure works, and future development strategy. The delegation also visited key project sites, including the Government Complex and trunk infrastructure roads, where they were briefed on construction progress and available investment opportunities. The visit reflects continued international interest in Amaravati's planned urban development and long-term growth prospects.Read more

06 Jul 2026

The National Highways Authority of India (NHAI) has suspended two officials and issued show cause notices following a road surface cave-in on the Delhi–Dehradun Expressway that gained attention after a video circulated online. NHAI attributed the incident to localized water stagnation caused by heavy rainfall and delays in commissioning a permanent drainage system. The damaged section has been repaired and reopened to traffic. The authority has also started constructing an interim drain and is monitoring the affected stretch while disciplinary action against the concerned officials and contractor is underway.Read more

06 Jul 2026

Indian Railways has approved a INR 135 crore project to construct a 4.59-km rail flyover between Bondamunda 'A' Cabin and Bondamunda Link 'B' Cabin under the South Eastern Railway to decongest the busy Rourkela-Bondamunda section. The flyover will separate freight and passenger train operations, reducing crossing conflicts, improving operational efficiency and enhancing network capacity on the industrial corridor. Once commissioned, the project is expected to enable the movement of an additional 8 million tonnes per annum (MTPA) of freight, supporting growing mining and steel production in the region.Read more

06 Jul 2026

Columbia Threadneedle Investments and Patrizia have agreed to merge their UK property funds, creating a combined portfolio worth around GBP 1.5 billion (USD 2 billion). The merger follows shareholder approval from Patrizia Hanover Property Unit Trust after a strategic review and reflects a broader trend of consolidation across the UK real estate investment market. With borrowing costs remaining elevated and investment activity becoming more selective, fund managers are seeking larger, more diversified portfolios to improve resilience and operational efficiency while offering investors broader exposure across multiple property sectors.Read more