23 May 2026

• Inkers Technology has launched Kael, an AI-native construction intelligence platform aimed at improving project planning, monitoring and execution across the construction and real estate sectors.
• The platform combines predictive intelligence, operational analytics and consulting capabilities to help project teams identify risks, assess financial impact and reduce delays and cost overruns.
• Kael works alongside Observance, the company’s operational intelligence solution that uses computer vision, LiDAR and real-time analytics to create digital twins of construction sites.
• The company said the platform continuously analyses project data across schedules, drawings, reports and communication channels to deliver real-time decision support to project stakeholders.
• Inkers Technology stated that early deployments of the platform have helped project managers save up to three to four hours daily through automated reporting and real-time risk identification.Read more

23 May 2026

Reliance Power reported a consolidated net loss of INR 494 crore for the quarter ended March 31, compared with a profit of INR 125.57 crore in the same quarter last year, as per a regulatory filing in New Delhi this week. Total income declined to INR 1,946.33 crore from INR 2,065.64 crore year-on-year. For FY26, the company posted a net loss of INR 336.89 crore against a profit of INR 2,947.83 crore in FY25. Total income also dropped to INR 7,988.52 crore from INR 8,257.04 crore. The board approved fundraising plans of up to INR 6,000 crore and INR 3,000 crore in debentures.Read more

23 May 2026

Asia Pacific’s data centre sector recorded a historic USD 11.6 billion in investments during 2025, according to CBRE’s latest regional outlook report, with access to power infrastructure increasingly shaping where new developments are being planned. The report identified India, Malaysia and Australia among the key beneficiaries of this shift as artificial intelligence-led demand pushes operators and investors beyond traditional markets such as Singapore and Hong Kong SAR. Entity-level transactions across operating platforms and companies reached USD 8.3 billion during the year, while new AI-focused cloud providers, referred to as “neoclouds”, emerged as an additional source of demand. CBRE noted that developers and investors are increasingly prioritising power-secure locations, built-to-suit campuses and infrastructure partnerships to support high-density AI workloads across the region.Read more

22 May 2026

Karnataka Industrial Areas Development Board has expanded the Chamarajanagar industrial area with the acquisition of 838 acres of land to strengthen industrial infrastructure in the region. The expansion will support development of manufacturing units, logistics facilities and allied infrastructure under Karnataka’s industrial development framework. The move is aimed at improving land availability for industry and promoting decentralised industrial growth beyond established hubs such as Bengaluru. Officials said the additional land will enable structured planning, larger industrial clusters and long-term regional economic development in Chamarajanagar district.Read more

22 May 2026

Airports Economic Regulatory Authority has fixed a User Development Fee (UDF) of INR 620 for departing domestic passengers and INR 1,225 for international passengers at Navi Mumbai International Airport. The regulator issued the order ahead of the airport’s planned operational launch, approving the tariff structure proposed for the greenfield airport being developed by Navi Mumbai International Airport Ltd. The UDF will form part of the airport’s revenue framework to support infrastructure development and operational costs. Navi Mumbai International Airport, being developed in phases near Mumbai, is intended to reduce congestion at Chhatrapati Shivaji Maharaj International Airport and strengthen aviation capacity across the Mumbai Metropolitan Region.Read more

22 May 2026

The Andhra Pradesh government has approved the allotment of 854.97 acres in Vizianagaram district to Reliance Industries for the development of a giga-scale artificial intelligence data centre and cable landing station project with a proposed investment of INR 1.08 lakh crore. The land has been allotted at a 25% discounted rate, according to a government order issued on Wednesday. The project site spans Polipalli, Bhogapuram West and Bhogapuram East villages, identified by the Andhra Pradesh Industrial and Infrastructure Corporation. Alongside the land allotment, the state government approved multiple fiscal and non-fiscal incentives, including subsidies, exemptions and waivers, for the proposed development. Authorities have also been directed to identify an additional acre for the cable landing station component of the project.Read more

22 May 2026

Sindhudurg district in Maharashtra is set to become a new marine tourism hub with the development of India’s first underwater museum and submarine tourism project near Nivati Rocks along the Konkan coast. The project includes the submerged decommissioned naval warship Ex-INS Guldar, which will function as an underwater museum and artificial reef. Backed by central and state government funding, the initiative aims to boost adventure tourism, scuba diving and marine activities in the region. Officials expect the project to generate employment opportunities for local communities while promoting sustainable tourism and marine biodiversity conservation.Read more

22 May 2026

Nitin Gadkari reviewed the progress and quality of maintenance work across 4,178 km of National Highway projects in Assam during a high-level meeting held on Wednesday. The review was initiated following feedback and concerns raised through media and social media platforms regarding highway conditions and project execution. During the meeting, the Union minister directed officials to accelerate implementation work, strengthen monitoring systems and adopt modern construction practices to improve road durability and ride quality. He also instructed authorities to undertake advance monsoon preparedness measures, including drainage strengthening, slope protection and rapid response systems, to minimise disruptions and improve commuter safety across critical highway corridors in the state.Read more

22 May 2026

Cochin Shipyard Limited has signed an agreement to acquire a 5 per cent stake in Dehradun-based startup Maritech Integrated Maritime under its startup initiative, USHUS. The investment is part of CSL’s INR 50 crore innovation fund aimed at supporting technology-led startups in the maritime sector. Maritech has developed the Integrated Maritime Exchange (IME), a platform designed to connect maritime stakeholders and simplify logistics and port-related services. The initiative supports the government’s broader focus on digitalisation, indigenisation and innovation in India’s maritime and logistics ecosystem.Read more

22 May 2026

The Centre has indicated in-principle support for participating in Hyderabad Metro Phase II through a 50:50 cost-sharing arrangement with the Telangana government, according to statements made following a review meeting in New Delhi. The proposed second phase involves a 162-km metro expansion across multiple corridors in Hyderabad and is awaiting final approval from the Union government after submission of the Detailed Project Report and technical documents by the state. The development comes amid the Telangana government’s ongoing transition towards a government-led metro model following the proposed takeover of the existing metro operations from Larsen & Toubro. Alongside metro expansion discussions, the Centre also confirmed sanctions for 39 sewage treatment plants under the AMRUT 2.0 scheme aimed at improving the Musi River ecosystem and urban infrastructure in Hyderabad.Read more