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

26 May 2026

• The Central Electricity Authority has notified amendments to the Installation and Operation of Meters Regulations, 2026.
• The revised norms mandate smart meters in areas with communication networks and permit prepaid meters in non-network regions.
• The amendments also introduce updated provisions for open access consumers and advanced metering infrastructure interoperability requirements.Read more

26 May 2026

• Bengaluru West City Corporation has presented a INR 4,732 crore budget for FY2026-27 focused on transport infrastructure, civic amenities and urban development works.
• The budget proposes municipal bonds worth INR 200 crore, major road upgrades, pedestrian infrastructure, parking systems and transit-oriented development projects.
• Key allocations include stormwater drain works, ward road upgrades, sports infrastructure, healthcare projects and LED streetlight modernisation initiatives.Read more

Mumbai News Desk

26 May 2026

The Brihanmumbai Municipal Corporation has begun landscaping and plantation work along the Mumbai Coastal Road project, with plans to plant nearly 60,000 trees across reclaimed open spaces over the next two years. Around 15,000 trees are targeted before the monsoon season, with work underway in Worli and Breach Candy. The initiative is being implemented under a corporate social responsibility programme led by Reliance Foundation to develop gardens, promenades and recreation zones along the corridor. Plantation targets linked to the project were also referenced in a public communication released by the foundation earlier this year, aligning with details cited in civic planning documents and multiple media reports.Read more

26 May 2026

• Thiruvananthapuram International Airport’s expansion project has moved to the environmental clearance review stage before major redevelopment work can begin.
• The proposed expansion includes Terminal 2 redevelopment, parking facilities, commercial spaces and infrastructure upgrades under Project Anantha.
• Delays in the approval process are linked to the expiry of Kerala’s State Environment • Impact Assessment Authority tenure and procedural reviews.
• Adani Airport Holdings is leading the airport modernisation plan to increase passenger handling capacity and improve regional connectivity.
• The airport redevelopment is also expected to support tourism, cargo movement and integration with the nearby Vizhinjam International Seaport.Read more

26 May 2026

Delhi’s Public Works Department (PWD) is set to introduce a QR code-based road grievance management system under its ‘Know Your Road’ initiative to improve transparency and public access to road maintenance information. The project will cover nearly 1,400 km of PWD-managed roads across the capital. Citizens will be able to scan QR codes installed on road signboards to check contractor details, maintenance history and complaint status, while also registering complaints directly without downloading an app. The department has approved a tender for the project and plans to begin with a pilot at 100 locations before expanding it across Delhi.Read more

26 May 2026

• Indian Railways is planning a mega tender worth around INR 40,000 crore for procurement of nearly 100,000 freight wagons.
• The proposed tender is aimed at supporting freight capacity expansion, improving logistics movement and increasing rail freight share nationally.
• Wagon manufacturers are expected to benefit from long-term production visibility and higher utilisation of expanded manufacturing capacities.
• The procurement plan aligns with broader railway infrastructure and freight corridor expansion strategies under the National Rail Plan.Read more

Goa News Desk

26 May 2026

The Mapusa Municipal Council has identified 49 dangerous and structurally weak buildings ahead of the monsoon season as part of its annual public safety inspection drive. The survey was conducted to reduce risks linked to old and dilapidated structures during heavy rainfall. Civic officials are expected to issue notices to property owners for repairs, evacuation or demolition wherever necessary. The move comes as several cities across Goa and western India continue to strengthen pre-monsoon building audits following past incidents of building collapses and structural failures during the rainy season.Read more

25 May 2026

• Jaipur civic authorities issued a 48-hour demolition notice to the owner of a dangerously tilted five-storey building in the Ramganj area.
• Residents living inside and around the structure were evacuated as a precautionary measure due to fears of collapse.
• The incident has renewed concerns over ageing buildings, unauthorized construction, and weak structural monitoring in Jaipur’s old city.
• Officials warned that the administration could carry out the demolition if the owner fails to comply within the deadline.
• Similar incidents involving unsafe residential structures have previously triggered safety concerns in densely populated parts of Jaipur.Read more

25 May 2026

• Indian Railways has approved the INR 993 crore Arakkonam-Chengalpattu doubling project covering nearly 68 km under Southern Railway.
• The project is aimed at easing congestion on Chennai’s suburban rail network while improving punctuality, operational efficiency and train frequency.
• The corridor connects major industrial and manufacturing hubs including Sriperumbudur, Oragadam and Irungattukottai, while also supporting freight movement and the proposed Parandur airport region.Read more

25 May 2026

• Delhi Metro is expected to operationalise three new corridors under Phase IV by December, including extensions of the Magenta and Pink Lines.
• The Aerocity–Tughlakabad corridor will improve airport connectivity and strengthen metro access across south Delhi.
• DMRC has also received approvals for additional Phase IV routes including Inderlok–Indraprastha and Rithala–Narela–Nathupur corridors.
• The Centre earlier approved Phase V(A) projects worth INR 12,014.91 crore to further expand Delhi Metro connectivity.
• The metro expansion is expected to improve daily commuting, reduce road congestion and support residential and commercial growth along new corridors.Read more

25 May 2026

• The Radisson Blu Hotel Nathdwara Stadium is being developed as India’s first integrated cricket stadium hotel project near Udaipur, Rajasthan.
• The development combines an international-standard cricket stadium with a luxury Radisson Blu hotel offering direct stadium-view rooms and hospitality facilities.
• Developed by the Miraj Group, the project is positioned as a sports tourism, hospitality and events destination targeting cricket, weddings and corporate gatherings.
• The integrated complex is expected to strengthen Nathdwara’s positioning beyond pilgrimage tourism through sports and experiential hospitality infrastructure.Read more

25 May 2026

•MMRDA has secured investment commitments worth around USD 40 billion at the World Economic Forum in Davos for projects across the Mumbai Metropolitan Region.
•The proposed investments are expected to support infrastructure, logistics, residential, commercial and economic development initiatives under the Mumbai 3.0 framework.
•Officials stated that the investment proposals are aimed at accelerating regional growth, strengthening connectivity and expanding employment-linked urban infrastructure across MMR.
•Reports indicate that the new city model focuses on integrated infrastructure, decentralised growth and long-term economic development planning for the Mumbai Metropolitan Region.Read more

25 May 2026

The National Highways Authority of India (NHAI) has signed a memorandum of understanding (MoU) with the Norwegian Geotechnical Institute (NGI), Norway, to enhance technical capabilities in national highway infrastructure development. The partnership focuses on tunnel engineering, slope stability analysis, safety monitoring and infrastructure risk mitigation. Under the agreement, NGI will support feasibility studies, Detailed Project Reports (DPRs), tunnel safety audits and advanced geotechnical assessments. The collaboration will also include the use of InSAR-based slope monitoring and early warning systems. The move comes as India continues to expand highway connectivity in hilly and geologically sensitive regions.Read more

25 May 2026

• The Maharashtra government plans to set up an expert committee to accelerate Pune’s proposed underground road network project spanning nearly 54 km across the city.
• The proposed tunnel corridors are aimed at reducing traffic congestion, improving east-west connectivity and easing pressure on key arterial roads in Pune.
• Authorities are evaluating technical feasibility, alignment planning, funding models and integration with wider mobility and urban infrastructure projects across the city.Read more

25 May 2026

Maharashtra Chief Minister Devendra Fadnavis said the state is on track to become a USD 1 trillion economy by 2030, backed by growth in infrastructure, artificial intelligence, startups and innovation-led sectors. Speaking at the ImagiNxt 2026 event in Mumbai, he said Maharashtra has already become the world’s 30th largest economy and could surpass the economies of Singapore and the UAE within the next few years. The state government is also increasing the use of AI across governance, agriculture and the criminal justice system while closely monitoring investment execution through dedicated mechanisms.Read more

25 May 2026

Putprop Ltd has entered into an agreement with Bluhire Proprietary for the sale of its Montana Park property for R29 million. The transaction was disclosed through a regulatory filing on the Johannesburg Stock Exchange during the past week. The move forms part of Putprop’s ongoing portfolio management strategy as property companies continue to evaluate asset performance and capital allocation amid changing market conditions. The company has not yet disclosed further operational details related to the property or timelines linked to the completion of the transaction.Read more

25 May 2026

The BJP-led Mahayuti alliance in the Brihanmumbai Municipal Corporation has proposed one underground parking facility in each of Mumbai’s 27 wards as part of its congestion management plan. The parking hubs are proposed beneath gardens and playgrounds to address parking shortages without additional land acquisition in densely populated areas. The proposal was included in the alliance’s 100-day municipal report released on 22 May, with civic officials stating that corporators, MLAs and ward authorities have been asked to identify suitable plots in line with Development Control and Promotion Regulations provisions.Read more

25 May 2026

• Rapid Holdings 2 Pte Ltd, backed by Brookfield Asset Management, sold over 3.04 crore units of Energy Infrastructure Trust through a block deal on the BSE.
• The transaction was valued at around INR 231.34 crore and executed at an average price of INR 76.10 per unit.
• Tara Investments 2 (Incorporated VCC Sub-Fund) purchased the same number of units in a matching deal.
• Energy Infrastructure Trust units ended flat at INR 76.70 on the BSE after the transaction.
• The deal comes amid continued institutional interest in India’s InvIT and infrastructure investment segment.Read more

25 May 2026

Suzlon has secured a repeat 195 MW wind energy order from Sunsure Energy, strengthening its position in India’s renewable energy sector. With this order, Suzlon’s 3 MW platform has reached nearly 9 GW in total sales, reflecting continued market adoption. The partnership between both companies now stands at around 300 MW across Maharashtra and Karnataka. Suzlon’s orderbook in Karnataka has crossed 2 GW, while its installed base in the state is 1,500 MW. The project includes installation of 65 wind turbine generators along with execution and long-term operations and maintenance services.Read more