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

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