28 May 2026

• The Brihanmumbai Municipal Corporation plans to launch a citywide digital tree census and green cover dashboard using GIS mapping and digital survey systems.
• The initiative will digitally record tree species, locations, health conditions and plantation data while integrating with Mumbai’s developing 3D digital city model.
• Civic officials stated that the platform is intended to support urban forestry management, environmental monitoring and data-driven planning across Mumbai.Read more

27 May 2026

The Ministry of Ports, Shipping and Waterways has outlined a reform-focused roadmap to improve governance, digital systems and operational efficiency across India’s maritime sector. During a review meeting chaired by Union Minister Sarbananda Sonowal in the past week, officials discussed measures to strengthen grievance redressal, improve ease of doing business and accelerate pending legal and administrative matters. The ministry also decided to develop an integrated digital platform and mobile application under the Directorate General of Shipping to streamline maritime services, digital documentation and stakeholder communication. The discussions also focused on the use of artificial intelligence and data-driven systems for improving transparency and policy implementation.Read more

27 May 2026

• Hitachi Construction Machinery Co Ltd plans to change its corporate name to Landcros Corp from April 1, 2027.
• The rebranding marks a major identity shift for the global construction and mining equipment manufacturer.
• The company has not announced any operational or management changes linked to the new name.
• Hitachi Construction Machinery has a strong international presence, including in infrastructure and mining markets across Asia and India.
• The move comes as global industrial companies increasingly focus on independent branding, technology upgrades and long-term business repositioning.Read more

27 May 2026

MCGM has floated a tender for appointment of a triennial contractor to undertake conservation, cleaning, security and operational maintenance of monuments and heritage structures across Mumbai’s Fort Heritage Precinct. The scope covers restoration of fountains, statues, pyaavs, landscaping, electrical systems and round-the-clock security arrangements for key heritage assets including Flora Fountain and Fitzgerald Fountain. The civic body has also laid down detailed financial, technical and contractual conditions related to deposits, performance guarantees, maintenance obligations and defect liability responsibilities for contractors participating in the project.Read more

27 May 2026

• Telangana government has secured INR 13,600 crore refinancing from Indian Railway Finance Corporation (IRFC) for the Hyderabad Metro Rail project.
• The refinancing will replace high-cost debt and improve the metro project’s long-term financial stability.
• The agreement was signed between IRFC, L&T Metro Rail (Hyderabad) Ltd and Hyderabad Metro Rail Limited (HMRL).
• The move comes after the Telangana government recently took complete ownership control of the Hyderabad Metro project through HMRL.
• Hyderabad Metro’s 69.2-km Phase-I network currently serves around five lakh passengers daily across three corridors.Read more

27 May 2026

• Supreme Court directed the proposed Aravalli expert committee to consult environmentalists, scientists and stakeholders before finalising the definition of the Aravalli Hills.
• The court said the panel should remain small and manageable while allowing wider consultations during the review process.
• The matter is linked to concerns over mining activity and environmental protection across Rajasthan, Haryana, Delhi and Gujarat.
• The apex court had earlier kept its previous Aravalli definition order in abeyance after objections from environmental groups and researchers.
• Restrictions on fresh mining leases and renewals in the Aravalli region continue until further orders from the court.Read more

27 May 2026

• Maharashtra Chief Minister Devendra Fadnavis said the proposed Samruddhi Expressway extension is expected to improve economic activity and connectivity in eastern Maharashtra.
• The expansion is likely to connect districts such as Gadchiroli, Chandrapur and Gondia with the state’s larger road and logistics network.
• The Samruddhi Mahamarg has already reduced travel time between Mumbai and Nagpur from nearly 16 hours to around eight hours.
• The state government is positioning the expressway corridor as a major infrastructure and industrial development route with logistics parks, warehousing hubs and manufacturing clusters planned along the network.
• The project forms part of Maharashtra’s larger infrastructure push involving highways, ports, industrial corridors and freight connectivity projects.Read more

27 May 2026

• The Bombay High Court has directed removal of roadside stalls obstructing Mumbai Metro Line 2-B construction in K/West ward.
• The court stated that public infrastructure projects cannot be delayed due to objections from a few private occupants.
• MCGM has been permitted to demolish the structures and hand over the site to MMRDA if the stalls are not vacated within the court timeline.Read more

27 May 2026

Western Railway has cleared nearly 1,500 sq m of encroached land between Goregaon and Malad stations after the Bombay High Court declined relief to occupants challenging eviction proceedings. The demolition drive covered railway land near Chincholi Phatak, Haji Bapu Road, Dhobi Ghat and Govind Nagar in Malad (East), where 36 hard and 24 soft encroachments were removed. Court records showed that the structures were classified as unauthorised constructions on railway property, with petitions filed by 25 occupants seeking rehabilitation protection under Mumbai Urban Transport Project (MUTP) policies. The High Court observed that the petitioners failed to establish legal ownership, tenancy or enforceable rights over the land, allowing railway authorities to proceed with eviction and demolition operations.Read more

27 May 2026

• Union Minister Nitin Gadkari reviewed national highway projects in Rajasthan and Himachal Pradesh this week.
• The review covered 10,064 km of highways in Rajasthan and 1,947 km in Himachal Pradesh, focusing on quality and maintenance standards.
• He directed officials to strengthen monsoon preparedness through drainage management, slope protection, and preventive maintenance measures.
• Emphasis was placed on timely execution of projects and the use of advanced construction technologies.
• The discussions highlighted the importance of highway infrastructure in improving connectivity, mobility, and economic activity.Read more

27 May 2026

Mumbai Metropolitan Region Development Authority is preparing to resume Mumbai monorail services after an eight-month suspension, with final safety trials scheduled this week. Operations were halted following a fire incident and technical issues linked to signalling and communication systems. Authorities said testing and certification processes are in the final stages, with mandatory safety clearances awaited before commercial operations restart. The resumption is expected to restore connectivity across key eastern Mumbai corridors and address long-pending commuter disruptions caused by the shutdown.Read more

27 May 2026

• Cement companies expect industry growth of 7–8 per cent in FY27, driven by infrastructure spending, housing demand and urbanisation
• Firms including UltraTech Cement, Ambuja Cements, Shree Cement, Dalmia Bharat and Nuvoco Vistas remain optimistic on medium-term demand outlook
• Sector faces near-term headwinds from higher fuel costs, freight expenses and geopolitical tensions in West Asia impacting margins
• Companies step up capital expenditure and focus on premiumisation to offset cost pressures and improve realisationsRead more

27 May 2026

• HeidelbergCement India Ltd reported a 10.38 per cent decline in net profit to INR 45.21 crore in the March quarter of FY26, compared to INR 50.45 crore in the same period last year, mainly due to lower sales realisation.
• Revenue from operations increased 5.5 per cent to INR 646.22 crore, supported by a 7.8 per cent rise in sales volume, though prices fell by 2 per cent.
• EBITDA per tonne declined 10 per cent to INR 649, while total expenses rose 5.9 per cent year-on-year to INR 586.77 crore.
• For FY26, net profit rose 25.5 per cent to INR 133.97 crore and revenue increased 7.6 per cent to INR 2,361.27 crore.
• The board recommended a 70 per cent dividend, amounting to INR 7 per equity share for FY26.Read more

27 May 2026

Qatar Holding LLC, affiliated with the Qatar Investment Authority, has sold a 0.40% stake in Adani Energy Solutions for around INR 643 crore through an open market transaction. Birla Mutual Fund acquired the shares at an average price of INR 1,339 apiece. The transaction comes shortly after Adani Energy Solutions reported growth in quarterly revenue and a sharp rise in full-year profit for FY26, supported by higher operational income across its energy transmission and infrastructure business segments.Read more

26 May 2026

• The Delhi government is planning a major modernisation of property registration services through digital upgrades and infrastructure revamps at sub-registrar offices.
• Proposed reforms include online appointments, token-based systems, digital verification mechanisms and upgraded public service facilities.
• The initiative aims to reduce delays, improve transparency and curb fraud in property registration and ownership transactions across the capital.Read more

26 May 2026

• Maharashtra government is accelerating development of data centre projects to position the state as a major national hub.
• Chief Minister Devendra Fadnavis reviews MoUs signed at Davos and IT policy-linked investments in Mumbai.
• Senior officials to be assigned responsibility for monitoring project execution to ensure timely completion.
• Navi Mumbai, Mahape, Khalapur and Panvel identified as key data centre and infrastructure development clusters.Read more

26 May 2026

• Cube Highways Trust has announced a distribution per unit of INR 3.57 for the fourth quarter of FY26.
• The total quarterly distribution stands at INR 480 crore comprising interest, dividend, SPV loan repayment and treasury income.
• The InvIT reported growth in consolidated income, EBITDA and operational revenue supported by traffic growth and acquisitions during FY26.Read more

26 May 2026

Nagpur Metropolitan Region Development Authority plans to introduce a single-window clearance mechanism for the proposed New Nagpur business district project to streamline approvals and improve ease of doing business within the region. The authority has partnered with Institute of Chartered Accountants of India for implementation support and institutional coordination related to the project framework. Officials stated that the proposed system is intended to reduce approval timelines and facilitate faster processing of permissions linked to commercial and mixed-use developments in the emerging business district. The initiative forms part of broader efforts to position New Nagpur as an investment and business hub supported by integrated urban infrastructure planning.Read more

26 May 2026

The National Highways Authority of India (NHAI) is planning to widen the Lucknow-Sitapur section of NH-30 from four lanes to six lanes to accommodate rising traffic volumes and improve regional connectivity in Uttar Pradesh. The tendering process for the project is expected to begin by December 2026 after completion of surveys and project planning activities. Officials stated that the highway currently handles more than 40,000 vehicles daily, resulting in traffic congestion and slower movement during peak hours. The widening work is proposed largely within the existing alignment, reducing the need for additional land acquisition.Read more

26 May 2026

Korea Post has planned a shift in its investment strategy, focusing on AI data centres and residential real estate in developed markets such as the U.S. and Europe. The move comes as its traditional postal business continues to face rising losses from mail and parcel operations. The organisation, which manages over USD 104 billion in savings and insurance funds, is also exploring secondary real estate funds and mid-risk investment products to improve returns. While maintaining a largely conservative portfolio, it is gradually increasing exposure to higher-yield global assets amid market uncertainty.Read more