24 Apr 2026

The Gurugram Metropolitan Development Authority (GMDA) is planning to develop around 3.5 km of service roads along the Southern Peripheral Road (SPR) to address rising traffic congestion and improve internal connectivity across key sectors. The proposed stretches between sectors 70–70A and 70–75 aim to segregate local traffic from through movement on the arterial corridor. The project is currently at the detailed planning stage, with approvals and tendering expected to follow. In parallel, complementary upgrades, including a missing road link and enhanced road infrastructure, are being pursued to strengthen connectivity between SPR and adjoining corridors such as Sohna Road. The initiative forms part of broader efforts to streamline urban mobility in Gurugram.Read more

Patna News Desk

24 Apr 2026

The Patna Metro depot near the New ISBT at Bairiya is approaching completion, marking a key milestone in the city’s urban transport infrastructure rollout. Spread across over 30 hectares, the facility will function as the primary operations and maintenance hub for the metro network. The depot will support train stabling, repair, testing and control functions for the priority corridor linking Patna Junction to ISBT. Its completion aligns with ongoing progress across the metro project, where sections are already operational and further expansion is underway. The development is expected to strengthen system readiness and improve execution timelines for future phases.Read more

24 Apr 2026

The Municipal Corporation of Delhi is working to secure environmental clearance for expanding the Tehkhand waste-to-energy plant to address rising waste generation. The plan aims to increase processing capacity from 2,000 to 3,000 tonnes per day and significantly boost power generation. The proposal is under review by the environment ministry’s expert panel, which has raised concerns around emissions and compliance. The expansion is part of a broader strategy to reduce landfill dependence and improve waste processing, alongside similar capacity enhancement underway at the Okhla facility.Read more

24 Apr 2026

Nipha Group has introduced its new agricultural machinery brand OneHorn as part of a broader strategy to scale operations across domestic and international markets. The Kolkata-based company aims to expand into 20 Indian states and 10 countries, including the US and select European markets, by the end of FY27. The move reflects a push towards mechanisation in India’s agriculture sector, particularly in regions with fragmented landholdings. Backed by investments of around INR 60 crore in the segment, the company is targeting rapid growth, with agri equipment revenues expected to rise from INR 60 crore to INR 100 crore in the near term. The initiative also focuses on building a strong distribution network, with a planned base of 20,000 channel partners.Read more

24 Apr 2026

JSW Steel has approved a 50:50 joint venture with South Korea-based POSCO to develop a 6 million tonne per annum (MTPA) integrated steel plant in Odisha. The project will be executed through Saffron Resources, a JSW subsidiary holding 887 acres of land. As part of the agreement, POSCO will invest INR 508.8 crore via share subscription. The proposed plant will focus on high-grade steel production, particularly for automotive and industrial applications, while strengthening technology access and manufacturing capabilities through this strategic partnership.Read more

23 Apr 2026

The Indian Air Force has initiated a court of inquiry following a hard landing involving a Sukhoi-30MKI aircraft at Pune Airport, which temporarily disrupted flight operations. The incident, attributed to a possible technical issue in the aircraft’s undercarriage, led to runway blockage and forced authorities to suspend operations overnight. As a result, 12 incoming flights were diverted and 73 services cancelled. Operations resumed the following morning after clearance and safety inspections. Investigations are examining multiple factors, including technical faults and landing parameters. The development highlights operational sensitivities at dual-use airports, where military and civilian aviation share infrastructure, often amplifying the impact of such incidents on commercial air traffic.Read more

23 Apr 2026

Mumbai International Airport Limited has imposed a penalty of INR 10 lakh on AI Airport Services Limited after a ground handling incident led to damage of a Gulf Air aircraft at Mumbai airport. The incident occurred earlier this month when a detached dolly struck a parked aircraft, resulting in it being declared Aircraft on Ground (AOG). The airport operator cited reputational damage, revenue loss and operational disruption as key impacts. MIAL has also indicated it may seek additional compensation for losses arising from the incident, which affected airport operations and capacity utilisation.Read more

23 Apr 2026

Nippon Express Holdings has signed an agreement to acquire Canada-based Metro Supply Chain Group in a deal valued at CAD 1.8 billion, marking the largest acquisition in the company’s history. The transaction includes a potential earnout of up to CAD 400 million, subject to performance targets. Metro operates across Canada, the United States and the United Kingdom, offering third-party logistics services across multiple sectors. The acquisition is aimed at strengthening Nippon Express’ presence in North America and expanding its end-to-end logistics capabilities. The deal aligns with the company’s long-term strategy to scale its global operations under its “Dynamic Growth 2.0” management plan.Read more

23 Apr 2026

Vedanta Ltd has approved May 1 as the effective and record date for its proposed demerger, under which its aluminium, power, oil and gas, and iron ore businesses will be spun off into four separately listed entities. Shareholders will receive equity in each new entity in a 1:1 ratio. The restructuring includes the creation of Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil and Gas, and Vedanta Iron and Steel. The move forms part of a broader reorganisation aimed at simplifying the corporate structure and enabling independent business operations. The company had earlier extended the overall demerger timeline to the end of June, pending regulatory approvals.Read more

23 Apr 2026

The Maharashtra home department has been evaluating a recently cleared slum land parcel in Deonar, Mumbai, for developing a new prison facility. The land, which has been freed after rehabilitation and related redevelopment activity, is being studied as a possible site for the city’s third jail due to increasing pressure on existing correctional facilities. The proposal comes amid earlier challenges in identifying suitable urban land, including issues related to marshy terrain, transport connectivity, and CRZ restrictions at alternative locations. The plan is still at the consideration stage, with multiple departments reviewing feasibility and land reservation requirements.Read more