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

• Reliance Infrastructure reports consolidated net profit of INR 918.07 crore in Q4 FY26, down sharply from INR 4,387.08 crore a year earlier
• Revenue and total income decline marginally to INR 4,154.34 crore in the March quarter, reflecting weaker operating performance
• Rising expenses, particularly higher power purchase costs, weigh on profitability during the reporting period
• Company appoints new CEO and CFO as part of senior management restructuringRead more

27 May 2026

States will be able to submit applications from June 1 under the INR 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) scheme to develop 100 plug-and-play industrial parks across India over 2026–27 to 2031–32. The first phase will select 50 proposals through two rounds of evaluation, with up to 20 projects expected in the first round ending July 31, 2026. The scheme, approved by the Union Cabinet on March 18, aims to create investment-ready industrial infrastructure with defined land and connectivity norms.Read more

27 May 2026

• NTPC reported a strong increase in quarterly and annual consolidated profit for FY26 despite a marginal decline in total income during the March quarter.
• Growth in joint venture earnings and subsidiary performance supported the company’s overall financial results during the year.
• NTPC’s coal-based power plants recorded higher operational efficiency compared to the national average Plant Load Factor during FY26.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

Suzlon Energy reported a 5.6 per cent decline in consolidated net profit to INR 1,114 crore in the March quarter of FY26, mainly due to lower deferred tax benefits compared to the previous year. However, the company posted strong growth in revenue, which rose significantly on a yearly basis. For the full FY26 period, both profit and revenue showed notable improvement, supported by higher execution in wind turbine deliveries and a strong order book. The company also highlighted steady demand from public sector and commercial & industrial customers, along with improved cash position and operational performance.Read more

26 May 2026

• Rajasthan and the Centre have invited investors to expand electronics and semiconductor manufacturing in the state with policy support and infrastructure incentives.
• The state highlighted development of semiconductor clusters, industrial corridors and integrated manufacturing ecosystems across key regions.
• Officials stated that semiconductor and electronics investments are expected to strengthen industrial growth, domestic manufacturing capacity and employment generation in Rajasthan.Read more

26 May 2026

• The Centre has opened a four-month application window for states to seek approval for 50 industrial parks under the BHAVYA scheme.
• The scheme aims to develop plug-and-play industrial infrastructure through partnerships between states and private sector players.
• Industrial parks ranging from 100 to 1,000 acres will receive infrastructure support, with cluster-based manufacturing and regional industrialisation forming the core focus areas.Read more