09 Jun 2026

As Hyderabad continues to witness rapid urban expansion through new residential projects, commercial districts and lifestyle destinations, sustainability must become a central consideration in the city’s development trajectory, according to Jaya Pavan Gummadi, Managing Director of Prosperiti Homes. Marking World Environment Day, Gummadi highlighted the need for climate-conscious urban planning that addresses heat management, water conservation, waste handling, green spaces and overall liveability. He also emphasised the role of community engagement in advancing environmental awareness through Positive Planet, a sustainability-focused podcast and content platform. The initiative seeks to bring local experts and practitioners into conversations around responsible consumption, recycling, composting and circular economy practices, while encouraging residents and businesses to adopt environmentally conscious habits in their daily lives.Read more

09 Jun 2026

Deepak Group marked World Environment Day by launching a 50-acre mangrove afforestation initiative along the Paniyadra coastline near Dahej in Bharuch district, Gujarat. The programme brought together company employees, local communities and project teams to plant Avicennia marina, a salt-tolerant mangrove species that plays a vital role in protecting coastal ecosystems. The initiative forms part of the group's corporate social responsibility efforts and is designed as a long-term, community-led restoration programme with ongoing monitoring and ecological stewardship. Alongside the coastal project, the company conducted plantation drives across its manufacturing locations in Gujarat, Maharashtra and Telangana, planting more than 1,500 saplings and organising environmental awareness activities aimed at encouraging employee participation in sustainability and conservation efforts.Read more

09 Jun 2026

Union Minister of State for Road Transport and Highways Ajay Tamta has reviewed a series of highway and road infrastructure projects across Sikkim, directing officials to accelerate ongoing works and advance upcoming schemes. The review covered national highway upgrades, bypass projects, strategic border roads and connectivity improvements aimed at easing congestion and strengthening links across the Himalayan state. Among the projects assessed were the INR 595 crore Rhenock–Rongli road project and the INR 1,018 crore upgrade of a section of NH-10. The Centre also reviewed progress on the Gangtok Bypass and other strategic corridors, with a focus on timely execution, road safety and improved connectivity to remote and border areas. The exercise forms part of the government’s broader effort to enhance transport infrastructure, tourism access and economic activity in Sikkim.Read more

09 Jun 2026

Visakhapatnam Port Authority (VPA) has successfully berthed MV Graceous, a 292-metre-long cape-sized bulk carrier, at the EQ-1 berth in its inner harbour, marking a significant operational milestone for the port. The vessel, which has a beam of 45 metres and a draft of 12.2 metres, is among the largest classes of bulk carriers operating globally. The achievement gives Visakhapatnam Port more than one cape-compliant berth, strengthening its ability to handle larger cargo vessels and enhancing overall cargo handling capacity. The development comes as ports across India continue to upgrade infrastructure and operational capabilities to accommodate larger ships and support growing maritime trade volumes.Read more

08 Jun 2026

Evonith Steel has completed the acquisition of Indrajit Power Pvt Ltd (IPPL) in Maharashtra through the Insolvency and Bankruptcy Code (IBC) process for INR 232 crore. The acquisition includes an 85 MW thermal power asset located next to the company’s steel manufacturing facility in Wardha. The transaction follows approval from the National Company Law Tribunal (NCLT) earlier this year, where Evonith Steel was selected as the successful resolution applicant. The move is expected to strengthen the company’s captive power availability and support the operational requirements of its 1.4 million tonne steel plant.Read more

08 Jun 2026

The Maharashtra government has directed authorities to prepare a comprehensive redevelopment blueprint for the Brihanmumbai Electricity Supply and Transport (BEST) undertaking, focusing on public welfare, employee interests and Mumbai’s long-term urban development. Chairing a review meeting on the modernisation of BEST bus depots, Chief Minister Devendra Fadnavis said the plan should cover the redevelopment of 22 depots spread across 132 acres, staff housing, public amenities and financial sustainability. The proposal envisages induction of 7,000 buses, EV charging infrastructure, commercial developments and civic facilities under a Public-Private Partnership (PPP) framework. The government has clarified that ownership of BEST land and assets will remain with the undertaking, with projects proposed through long-term lease arrangements and the DBFOT model.Read more

08 Jun 2026

Hindustan Construction Company (HCC) has secured a contract worth INR 127 crore from Wangchhu Hydroelectric Power Ltd (WHPL), Bhutan, for diversion and enabling works associated with the Wangchhu Hydroelectric Project. The contract covers the construction of diversion tunnels, hydromechanical gates and cofferdams and is scheduled for completion within nine months. The works are intended to facilitate the commencement of the project's main civil construction activities and support adherence to the overall implementation schedule. The award comes as Bhutan accelerates hydropower development under its 13th Five-Year Plan (2024–29), which targets 6,000 MW of installed generation capacity through continued investment in large hydroelectric projects. HCC has maintained a presence in Bhutan's hydropower sector for more than three decades through several major projects.Read more

08 Jun 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a ‘Weekly Public Transport Day’ in Bandra-Kurla Complex (BKC), encouraging nearly two lakh professionals working in Mumbai’s largest business district to use public or shared transport every Friday. Launched in collaboration with WRI India on World Environment Day, the initiative seeks to reduce traffic congestion, lower emissions and improve mobility across the commercial hub. The programme was announced during a roundtable attended by government officials, transport agencies, corporate representatives and mobility experts. A mobility study presented at the meeting revealed that a majority of BKC commuters continue to rely on private vehicles, while daily travel times remain high. The initiative also comes amid expanding metro connectivity in the district.Read more

08 Jun 2026

Renewable energy company ACME Solar Holdings has raised INR 2,800 crore through a Qualified Institutions Placement (QIP), marking its first equity capital raise since its stock market listing in 2024. The fundraising attracted participation from a broad range of domestic and international institutional investors, including mutual funds, insurance companies and foreign institutional investors. According to the company, the capital will be utilised to reduce debt and strengthen its balance sheet. The transaction was managed by ICICI Securities and IIFL Capital Services as Book Running Lead Managers. ACME Solar currently has an aggregated contracted renewable energy capacity of 8,070 MW, positioning the fundraising as a significant balance sheet exercise for the clean energy developer.Read more

08 Jun 2026

• East Coast Railway (ECoR) has activated a comprehensive monsoon preparedness strategy across its network.
• Measures include track inspections, drainage maintenance, flood monitoring and deployment of emergency response teams.
• Special focus is being placed on vulnerable bridges, low-lying sections and areas prone to waterlogging during heavy rainfall.
• The initiative aims to minimise weather-related disruptions and maintain safe, reliable train operations throughout the rainy season.Read more