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

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

Infrastructure projects valued at INR 150 crore and above have recorded a cumulative cost overrun of INR 5.65 lakh crore, according to the latest monthly report for April from the Ministry of Statistics and Programme Implementation. The report tracks 1,981 ongoing projects across 17 central ministries with a revised cost of INR 42.78 lakh crore against an original estimate of INR 37.12 lakh crore. Total expenditure stands at INR 20.36 lakh crore, about 47.59% of revised cost. Around 40% projects have over 80% physical progress, while 14% show over 80% financial completion, with transport and logistics dominating.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