3 minutes ago

Authorities are preparing a comprehensive traffic management overhaul around key Bhopal Metro station zones to address congestion and improve last-mile connectivity. The plan targets high-density corridors across the Orange and Blue lines, including MP Nagar, Jawahar Chowk and Nadra Bus Stand, where metro construction and limited road capacity have disrupted traffic flow. Measures include road widening, signal optimisation, pedestrian infrastructure upgrades and designated drop-off zones. With funding of around INR 30 crore proposed for road works, the initiative aims to integrate metro operations with city traffic systems and improve commuter movement across key transit nodes.Read more

33 minutes ago

Luxury real estate developers in Dubai are being urged to adopt stricter discipline and focus on execution as the market transitions into a more selective phase shaped by global uncertainties. Talal M. Al Gaddah indicated that buyer behaviour is shifting away from speculative investments towards long-term value, liveability, and quality delivery. Developers are increasingly expected to control supply and align projects with end-user needs rather than short-term sales momentum. Despite geopolitical pressures, Dubai’s fundamentals—such as regulatory strength and infrastructure—continue to support investor confidence. The evolving definition of luxury now prioritises wellness, environmental quality, and usability over location alone. Projects like Keturah Reserve and Keturah Resort reflect this shift, integrating low-density planning with lifestyle-focused amenities. The trend signals a maturing market where execution credibility and sustained value creation are becoming central to developer success.Read more

1 hour ago

The Telangana government is set to take forward the Warangal airport project, with key groundwork now in place. A large portion of land has already been acquired and handed over, and financial approvals have been cleared in phases to support the process. The project, which faced delays earlier due to land and regulatory issues, has now received necessary clearances. Planned infrastructure includes a runway and terminal to handle regional flights. Once completed, the airport is expected to improve connectivity and support industrial and logistics growth in north Telangana.Read more

Lucknow News Desk

1 hour ago

A recent fire in Lucknow that destroyed over 280 shanties and displaced more than 1,000 residents has prompted urban planners and housing experts to call for structured, fire-resilient slum redevelopment. The incident, intensified by multiple LPG cylinder explosions, exposed vulnerabilities in informal settlements built with flammable materials and lacking basic infrastructure. Experts have recommended in-situ redevelopment, use of safer construction materials, and planned layouts with firebreaks to reduce risks. The development has renewed focus on integrating informal housing into formal urban planning frameworks while ensuring livelihood continuity for low-income residents.Read more

2 hours ago

MIC Electronics has secured a new railway contract from Central Railway and expanded an ongoing project with Southern Railway, strengthening its presence in station modernisation initiatives. The Central Railway order, valued at over INR 1.12 crore, involves deployment of telecom and passenger information systems at Wardha station. Separately, the company’s Salem Division project under the Amrit Bharat Station Scheme has been expanded, increasing its value to approximately INR 6.76 crore. The projects include installation of digital display systems and communication infrastructure aimed at improving real-time passenger information across stations.Read more

3 hours ago

Iran has resumed international flight operations from Mashhad Airport as part of a phased plan to reopen its airspace after weeks of disruption caused by regional tensions. Authorities have allowed passenger flights and ticket bookings from the eastern region, while other major airports, including those in Tehran, are expected to reopen in later stages. The move follows a near-total suspension of civilian aviation after military developments in late February. While limited transit routes have reopened, international airlines remain cautious, and full restoration of operations will depend on the security situation.Read more

Gurugram News Desk

3 hours ago

The Supreme Court of India has issued a contempt notice in a case related to unauthorised constructions in Gurugram, seeking responses from concerned parties over alleged non-compliance with earlier directions. The matter pertains to violations on a land parcel in Chakkarpur village and follows a prior ruling linked to illegal developments. The court has directed respondents to file replies within a stipulated timeline. The development highlights continued judicial scrutiny of building violations in Gurugram, where enforcement and compliance issues have remained under focus across residential and mixed-use areas.Read more

4 hours ago

CAMSO Construction has started its phased entry into major European markets, including France, Italy, Spain and Portugal, following RPG Group’s acquisition of Michelin’s compact construction tyres and tracks business in September 2025. The company has confirmed its readiness with a focus on building a strong local operational base before wider expansion. Backed by global leadership, engineering capability and manufacturing strength, it aims to serve Europe’s construction sector with performance-driven solutions. The strategy also highlights stronger after-sales support, improved service responsiveness and a long-term customer partnership approach across the compact construction segment.Read more

4 hours ago

Gautam Buddha University will host a two-day national conference titled “The Nexus Imperative: Environment, Public Health and Policy for a Sustainable Future (EHP Nexus 2026)” later this week in Greater Noida. Supported by Indian Council of Social Science Research, the event will bring together researchers, policymakers and industry stakeholders to discuss climate change, circular economy, ESG and sustainable development. With over 100 research paper abstracts expected, the conference will focus on interdisciplinary solutions and the “One Health” approach linking environmental and public health systems.Read more

5 hours ago

Casagrand has introduced ‘Lalaland by Casagrand’, a 40,000 sq ft candy-themed inflatable park on Chennai’s Outer Ring Road, marking the city’s first such attraction. Designed to host up to 350 visitors per slot, the park integrates over 15 interconnected inflatable elements into a single continuous play environment. The facility operates daily in evening slots and targets families, children and young adults. Located along the ORR with access via GST Road (NH 32), the project benefits from strong connectivity across key corridors. Entry pricing is set at INR 300 for children and INR 600 for adults, with bookings available online.Read more

5 hours ago

Private transport operators across Kashmir have opposed the proposed expansion of government-run smart city bus services to district routes, triggering a valley-wide strike that disrupted public transport. The protest, led by transporters’ associations, stems from concerns over loss of livelihood and declining passenger demand. While the government aims to improve connectivity and modernise urban transport through electric buses, private operators argue that the move could significantly impact their earnings. The disruption affected commuters across the Valley, highlighting tensions between public infrastructure upgrades and the existing informal transport ecosystem.Read more

Gurugram News Desk

6 hours ago

In Gurugram, authorities initiated a large-scale demolition drive targeting unauthorised housing extensions across licensed residential colonies, following judicial intervention. The action came after the Punjab and Haryana High Court stayed the stilt-plus-four construction policy, citing infrastructure stress and encroachments. Enforcement teams removed hundreds of illegal structures, including guard rooms, ramps, kiosks and boundary walls obstructing public spaces. The exercise forms part of a phased compliance programme aimed at restoring right-of-way access, strengthening planning norms, and addressing misuse of residential layouts. Officials indicated that the drive would continue across multiple sectors, with further action planned against violations linked to stilt parking misuse and unauthorised commercial activity within housing colonies.Read more

Delhi News Desk

7 hours ago

Delhi is planning a large road infrastructure push covering around 150 km, including nearly 46 km of flyovers and underpasses to reduce congestion across key routes. The projects will target high-traffic stretches such as ITO, Ring Road and airport-linked corridors. Several elevated roads, a railway overbridge and long connecting corridors are part of the proposal. Feasibility studies are underway for major stretches, including Ring Road. The plan is aimed at improving traffic flow, reducing travel time and strengthening connectivity across key parts of the city.Read more

7 hours ago

The Andhra Pradesh government has directed urban local bodies to expedite approvals under the Layout Regularisation Scheme (LRS) ahead of the upcoming deadline later this week. Officials have been instructed to clear all eligible applications without delay, as the state aims to bring unauthorised layouts into the formal planning framework while boosting revenue mobilisation. The scheme has received over 61,000 applications, reflecting strong demand from plot owners seeking legal status for their properties. Authorities have warned that delays in processing could invite accountability, signalling a stricter administrative approach in the final phase. Unregularised plots may face restrictions on registrations, building permissions and access to financing.Read more

8 hours ago

SOTC Travel has expanded its retail footprint in North India with the launch of two new franchise outlets in Bareilly and Noida, Uttar Pradesh. The move forms part of the company’s strategy to strengthen its presence across high-growth Tier I and II markets, targeting both emerging and affluent consumer segments. While Bareilly offers access to first-time and aspirational travellers, Noida provides a strong base of corporate and high-income customers with established outbound travel demand. The outlets will operate under an omnichannel model, offering a range of domestic and international travel services. The expansion reflects growing demand for experiential travel, including luxury, adventure and spiritual tourism, particularly among families, professionals and younger travellers.Read more

8 hours ago

The Mussoorie Dehradun Development Authority rejected a proposed commercial project near the Indian Military Academy following failure to secure mandatory security clearance from defence authorities. The developer was unable to obtain a no-objection certificate (NOC) despite being granted time to comply, leading to the cancellation of the building permit. The project site falls within a high-security zone governed by strict defence regulations that restrict construction near military establishments. The decision underscores tightening enforcement of compliance norms for developments in sensitive areas and signals heightened scrutiny of projects lacking required approvals, particularly those located close to critical national infrastructure and defence installations.Read more

Gurugram News Desk

9 hours ago

A large number of property transactions in Gurugram have come under scrutiny after the Income Tax Department initiated an investigation into deals lacking mandatory PAN disclosures. The probe covers around 2.5 lakh transactions, primarily linked to high-value property registrations where PAN details of buyers or sellers were either missing or improperly recorded. Authorities are examining compliance gaps under reporting norms applicable to real estate transactions above specified thresholds. The development highlights persistent documentation lapses within registration systems and raises concerns around potential tax evasion and data mismatches. Officials are coordinating with local authorities to verify records, reconcile discrepancies, and ensure adherence to financial reporting standards in property transactions.Read more

10 hours ago

Trivana, a boutique villa community by GHR USM Developers in Almasguda, Tukkuguda, South Hyderabad, has received IGBC pre-certified gold rating, reflecting its sustainability-led planning and low-density design approach. The project integrates renewable energy systems, water conservation measures and green materials, targeting reduced resource consumption and improved environmental performance. Located near the Nehru Outer Ring Road with access to Rajiv Gandhi International Airport, the development offers connectivity alongside wellness-focused amenities. With features such as 100% rainwater harvesting, wastewater treatment and energy-efficient systems, the project aligns with growing demand for environmentally responsible residential formats.Read more

11 hours ago

fäm Properties reported that Dubai’s residential market continues to record exceptionally high absorption levels, with nearly all homes scheduled for delivery in the near term already sold. Data sourced from DXBinteract indicated that around 94.91 per cent of 43,217 units due for completion in 2026 by leading developers have been absorbed. Across a broader pipeline spanning 2026 to 2029, approximately 71.45 per cent of 426,182 units have already been sold. The findings suggest sustained buyer demand and a strong alignment between supply and absorption, with the market maintaining performance levels consistent with its long-term averages. The scale of forward sales also reflects continued investor confidence in Dubai’s residential sector compared to global markets.Read more

12 hours ago

India’s urban development is undergoing a structural shift as real estate players move beyond conventional construction to deliver integrated, future-ready ecosystems. Developers such as Srijan Realty, Siddha Group, PS Group, Merlin Group and Ambuja Neotia are increasingly focusing on sustainability, smart infrastructure and community-centric design. Their projects reflect a growing emphasis on mixed-use developments, green construction practices and technology integration. This transition aligns with rising urbanisation, evolving consumer expectations and the need for efficient infrastructure. The sector’s evolution highlights a broader shift where developers are shaping long-term urban ecosystems rather than standalone projects, influencing how cities expand and function.Read more

13 hours ago

Saatvik Green Energy has announced that its subsidiary, Saatvik Solar Industries, has secured a solar PV module supply order worth INR 71.25 crore from a leading independent power producer and EPC player. The order is scheduled to be executed by May 2026. The development reflects steady demand for solar components in India’s growing renewable energy sector. The company has been expanding its manufacturing and supply capabilities to cater to increasing project requirements. This order adds to its existing portfolio and strengthens its position in the domestic solar equipment market.Read more

14 hours ago

The Municipal Corporation of Delhi is preparing to launch the SWAGAM portal to enable regularisation of 1,511 unauthorised colonies, marking a significant step in formalising property ownership across the national capital. The platform, which has undergone demo testing, will allow eligible residents—particularly those with ownership rights under the PM-UDAY scheme—to submit applications digitally. Backed by ongoing drone and GIS surveys, the initiative aims to map properties, streamline approvals, and simplify compliance through a user-friendly interface. The move is expected to unlock redevelopment potential, improve access to civic infrastructure, and bring clarity to long-pending ownership and planning issues affecting thousands of households.Read more

15 hours ago

The Union Cabinet has approved the continuation of Pradhan Mantri Gram Sadak Yojana Phase III with an increased outlay of INR 83,977 crore and extended timelines up to 2029 for select works. The decision focuses on completing pending rural road and bridge projects, including those not yet awarded. The scheme aims to improve connectivity to markets, schools and healthcare facilities. It is expected to support rural mobility, reduce travel time and enable economic activity, especially in remote and underserved regions, while also creating employment through infrastructure development.Read more

16 hours ago

The Amaravati Development Corporation has directed officials to expedite development works at the N-4 and E-3 road junction near Venkatapalem, a key entry point to the capital region. With rising traffic congestion, the authority has prioritised road surfacing, junction upgrades and safety improvements. Coordination with the National Highways Authority of India has also been emphasised for ongoing works near major bypass crossings. Additional focus has been placed on water diversion and infrastructure readiness around key stretches, indicating a broader push to improve connectivity and support the capital city’s ongoing development.Read more

24 Apr 2026

The Atal Pension Yojana (APY), administered by the Pension Fund Regulatory and Development Authority, has recorded total gross enrolments of over 9 crore subscribers, reflecting sustained expansion of India’s social security coverage. The scheme added more than 1.35 crore subscribers during the financial year 2025–26, marking its highest annual enrolment since inception. Launched to extend pension benefits to workers in the unorganised sector, APY’s growth has been supported by coordinated efforts across banks, postal networks and government agencies. Enhanced outreach, awareness campaigns and capacity-building initiatives have contributed to its scale-up across states and districts. The scheme offers defined pension benefits and survivor coverage, strengthening its role as a long-term social security instrument.Read more

24 Apr 2026

The Bangko Sentral ng Pilipinas increased its benchmark interest rate by 25 basis points during the past week, taking it to 4.50% in response to rising inflation linked to escalating fuel costs. The move came despite concerns over economic growth, with inflation projected at 6.3% for the year. Policymakers signalled that further rate hikes remain under consideration, marking a shift away from the earlier easing stance. The decision followed mixed market expectations and reflects growing risks to the fuel-import-dependent economy. External agencies, including S&P Global and Fitch Ratings, have also revised the country’s outlook amid geopolitical uncertainties affecting energy prices and macroeconomic stability.Read more

24 Apr 2026

Andhra Pradesh Chief Minister Shri N Chandrababu Naidu is set to lay the foundation for a 6 GW solar ingot and wafer manufacturing facility in Anakapalli district near Visakhapatnam, with an investment of INR 5,400 crore by ReNew Energy Global plc. The project forms part of the state’s Integrated Clean Energy Policy 2024 and aligns with India’s target of achieving 500 GW of non-fossil fuel capacity by 2030. The facility is expected to be commissioned within 24 months and generate over 2,100 jobs. The investment contributes to ReNew’s broader INR 82,000 crore commitment in the state and reflects increasing focus on domestic manufacturing to reduce import dependence in the solar supply chain.Read more

24 Apr 2026

Netflix authorised an additional USD 25 billion share repurchase programme during the past week, signalling a renewed focus on capital returns after withdrawing from a proposed USD 72 billion acquisition of Warner Bros. Discovery assets. The programme has no expiry and builds on an earlier buyback plan, under which USD 6.8 billion remained unutilised as of the previous month. The move comes alongside a series of strategic initiatives, including acquisitions, price revisions, and expansion into gaming. Analysts expect the company to prioritise growth areas such as advertising and live content, as it balances shareholder returns with continued investment in content and platform expansion.Read more

24 Apr 2026

Aurum PropTech Limited reported crossing the INR 500 crore annualised recurring revenue (ARR) mark during the past quarter, alongside delivering its second consecutive profitable quarter. The company’s total income rose 72% year-on-year in Q4 FY2026 to INR 135 crore, while profitability metrics improved significantly with a positive PBT margin of 2.5%. For the full financial year, income increased 49% to INR 424 crore, with margins narrowing losses. Growth was supported by acquisitions, including PropTiger, and expansion across distribution and rental segments. The company also secured a Small and Medium REIT licence, strengthening its position in India’s evolving real estate investment ecosystem.Read more

24 Apr 2026

Chhattisgarh has taken up 774 rural road projects under the Pradhan Mantri Gram Sadak Yojana, covering around 2,426.875 km with an estimated cost of INR 2,225.44 crore. The projects aim to connect nearly 781 habitations and improve access to basic services such as healthcare, education, and markets. The initiative builds on the state’s ongoing efforts in rural infrastructure, including previous road construction and credit support systems for farmers, while also targeting remote and tribal regions that still lack all-weather connectivity.Read more

24 Apr 2026

Ethiopian Airlines has placed an order for six additional Boeing 787-9 Dreamliner aircraft, taking its total order to 26 planes scheduled for delivery from 2028. The move supports the airline’s plans to expand long-haul routes across Africa, the U.S., Europe and Asia, while also exploring new destinations such as Australia. Alongside fleet expansion, the airline is progressing with a USD 12.5 billion airport project in Bishoftu, expected to be Africa’s largest by 2030. The project has drawn interest from global lenders, including strong participation signals from U.S. financial institutions.Read more

24 Apr 2026

UltraTech Cement has commissioned three cement grinding units in Shahjahanpur (Uttar Pradesh), Patratu (Jharkhand) and Visakhapatnam (Andhra Pradesh), taking its total capacity to over 200 million tonnes per annum (MTPA). The milestone positions the Aditya Birla Group company as the largest cement producer outside China. The expansion comes amid sustained infrastructure and construction demand across India. The company has outlined plans to scale capacity further to 240 MTPA by FY28 with an investment of INR 16,000 crore. UltraTech’s growth has been driven by a mix of organic expansion and acquisitions, with strong demand support from rural markets and large public infrastructure projects.Read more

Noida News Desk

24 Apr 2026

The Noida Authority has approved the installation of noise barriers along a key elevated road to address rising sound pollution affecting nearby residential areas. The decision follows persistent complaints from residents over high traffic noise levels on the corridor. The intervention is part of a broader urban infrastructure response to environmental concerns linked to high-capacity road networks. The project will involve installation of acoustic panels along the stretch, aimed at improving liveability in adjoining neighbourhoods while maintaining traffic efficiency on one of the city’s busiest elevated corridors.Read more

24 Apr 2026

Agnico Eagle Mines Ltd has announced a series of acquisitions to consolidate gold assets in northern Finland, including deals to acquire Rupert Resources Ltd and Aurion Resources Ltd, along with a majority stake in a joint venture from B2Gold Corp. The transactions, valued at over USD 2.9 billion combined, will give the company control over a large land package in the Central Lapland Greenstone Belt. The consolidation is expected to create operational synergies and strengthen its position around the Kittila mine and the Ikkari gold project, enhancing long-term production potential in one of Europe’s key mining regions.Read more

24 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has approached the Maharashtra government to acquire 27,967 sq m of land to support the expansion of the Worli sewage treatment plant. The move comes as part of the city’s broader infrastructure upgrade to improve wastewater treatment capacity and meet tightening environmental standards. With rising population density and increasing sewage generation, the proposed land addition is expected to strengthen operational efficiency and support long-term urban sustainability goals.Read more

24 Apr 2026

Indian government bond yields are expected to remain stable, with market participants tracking upcoming state debt auctions and global developments, particularly US-Iran discussions. States are set to raise INR 169 billion through bond sales across varying maturities, adding supply pressure. Meanwhile, movements in crude oil prices continue to influence investor sentiment, given India’s dependence on imports. Although oil prices saw volatility due to geopolitical tensions, expectations of continued dialogue between the US and Iran are providing some stability. Swap rates also showed limited movement, reflecting a cautious and range-bound market outlook.Read more

24 Apr 2026

The Confederation of Indian Industry has suggested setting up a National Industrial Land Council on the lines of the GST framework to streamline industrial land governance in India. The proposal focuses on faster dispute resolution, uniform rules across states, and improved coordination between authorities. It also recommends a GIS-enabled national land bank, digital single-window clearance system, and standardised stamp duty structure. The aim is to reduce delays, improve transparency in land availability, and support quicker industrial investment decisions through a more structured and centralised approach.Read more

24 Apr 2026

India’s ports are transitioning into integrated logistics and industrial hubs, supported by capacity expansion, policy reforms and private sector participation, according to the Shipping Secretary. Addressing investors in Singapore, officials highlighted that cargo handling capacity has doubled over the past decade to 2,771 MTPA, with a target of 3,500 MTPA by 2030. The shift reflects a broader strategy to move beyond traditional cargo handling towards port-led industrialisation and supply chain integration. Initiatives such as public-private partnerships, shipbuilding expansion and green port development are driving this transformation. The development positions ports as key nodes in India’s trade infrastructure, aimed at improving efficiency, attracting global investment and strengthening manufacturing ecosystems.Read more

24 Apr 2026

State Council of China has outlined plans to expand the country’s services sector to 100 trillion yuan (USD 14.67 trillion) by 2030, focusing on demand-led growth, technology integration, and regulatory reforms. The policy emphasises strengthening business and consumer services while increasing financial support mechanisms, including wider adoption of services-sector REITs. With the sector already reaching 80.89 trillion yuan in the previous year, the move signals a strategic shift towards consumption-driven growth and reduced reliance on infrastructure-led expansion.Read more

24 Apr 2026

A group of global lenders is preparing to extend about USD 600 mn in financing for Brookfield’s 1.04 GW hybrid renewable energy project in India. The project is being developed through its Evren platform in partnership with Axis Energy and combines wind, solar, and battery storage to provide firm power output. Spread across Andhra Pradesh and Rajasthan, it has secured long-term power agreements, including a supply arrangement with NTPC Ltd. The financing adds to earlier domestic debt support and strengthens funding for large-scale renewable expansion.Read more

24 Apr 2026

L&T Finance has secured INR 5 billion through a bond issue with a tenure of five years and two months, attracting investor interest amid stable credit conditions. The company offered a coupon of 7.7942% and received bids recently after opening the issue for subscription. The bonds carry a top-tier AAA rating from Crisil and Care, indicating strong creditworthiness. The fundraising comes at a time when non-banking financial companies are actively tapping debt markets to manage liquidity and support lending growth, reflecting continued confidence from institutional investors.Read more

24 Apr 2026

Consolidated Grunenfelder Saady Holding (CGS) has secured a new project award from S2 Company for the management and development of land and real estate assets. The contract, valued at EUR 6.8 million, marks another addition to CGS’s project portfolio in the real estate segment. While detailed scope and timelines have not been disclosed, such mandates typically involve planning, execution and asset optimisation. The deal reflects continued activity in land development partnerships and highlights the role of specialised firms in managing real estate assets efficiently across markets.Read more

24 Apr 2026

Global clean energy generation exceeded electricity demand growth in 2025, with renewables accounting for over one-third of total power supply for the first time, according to Ember. Clean generation rose by 887 terawatt hours against demand growth of 849 terawatt hours, led by strong solar expansion in China and India. Solar alone met nearly three-quarters of incremental demand, while combined solar and wind generation accounted for almost all of it. Coal’s share fell below one-third of global generation, and fossil fuel output declined marginally. The report also highlighted rapid growth in battery storage, alongside declining costs, enabling better utilisation of solar energy. The shift indicates a structural transition in global power systems, with renewables increasingly meeting incremental demand.Read more

24 Apr 2026

Aditya Birla Capital is preparing to raise up to INR 7.5 billion through the reissue of its February 2029 bonds, including a greenshoe option of INR 5.5 billion, according to market participants during the past week. The issue, with an effective tenor of nearly three years, will see coupon rates determined through bidding. Rated AAA by CRISIL, the offering reflects continued investor appetite for high-grade corporate debt. The company has invited both coupon and commitment bids, with the transaction forming part of a broader pipeline of issuances that includes deals by Kotak Mahindra Prime and Triumph Composites in the domestic bond market.Read more

24 Apr 2026

The Maharashtra government has approved Mumbai Metro Line 5A (Phases I and II) with an investment of INR 18,130.55 crore, alongside borrowing for three expressway projects in Vidarbha and infrastructure works for the 2027 Nashik–Trimbakeshwar Kumbh Mela. The 34.21-km Metro corridor will connect Kapurbawdi, Bhiwandi, Kalyan and Ulhasnagar through 19 stations, aiming to improve regional connectivity and reduce travel time. The state has also cleared land acquisition funding for key expressways, including Nagpur–Gondia, Bhandara–Gadchiroli and Nagpur–Chandrapur corridors. Additionally, INR 1,063 crore has been approved for Phase II works related to Kumbh Mela infrastructure. The decisions reflect a broader push towards transport connectivity, urban mobility and large-scale infrastructure development across Maharashtra.Read more

24 Apr 2026

Brookfield-backed renewable platform Evren has secured approximately USD 600 million from a consortium of global lenders to fund a 300 MW firm and dispatchable renewable energy (FDRE) project across Andhra Pradesh and Rajasthan. The project, backed by a power purchase agreement with NTPC, integrates solar, wind and battery storage to deliver stable clean energy supply. Scheduled for commissioning in 2027, it is expected to generate around 2,400 GWh annually and offset over 1.5 million tonnes of CO emissions each year. The funding consortium includes Standard Chartered Bank, MUFG, SMBC, DBS Bank, Crédit Agricole CIB and BNP Paribas, reflecting increasing institutional interest in India’s hybrid renewable infrastructure.Read more

24 Apr 2026

Equitree Capital Advisors has launched the Equitree Emerging Opportunities Fund, a Category III Alternative Investment Fund registered under IFSCA regulations within the GIFT City framework. The fund, structured as an open-ended restricted scheme, will provide USD-denominated access to listed Indian small-cap equities for non-resident investors, foreign nationals, family offices and institutions. The firm is targeting a fundraise of USD 100 million over the next 12 to 18 months. The launch reflects growing use of offshore investment structures based in GIFT City to channel global capital into Indian equity markets, particularly in segments such as small-cap stocks that offer higher growth potential.Read more

24 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has directed an NGO to restore a Worli site to its original condition after unauthorised construction was carried out within a Coastal Regulation Zone (CRZ). The action follows violations linked to a beautification project undertaken without mandatory clearances. The civic body highlighted that prior approvals are compulsory under CRZ norms, and no post-facto permissions are allowed, reinforcing regulatory scrutiny over coastal developments.Read more

24 Apr 2026

Radisson Hotel Group plans to expand its India portfolio to 500 hotels by 2030, which is expected to generate between 65,000 and 80,000 jobs. The company currently operates over 200 properties and intends to drive growth primarily through upscale formats across tier I to IV cities, along with resorts and spiritual destinations. Around 55 per cent of upcoming projects will be in metro markets. The group is also focusing on skill development through institutional partnerships. While global geopolitical tensions have affected occupancy in certain regions, the India pipeline remains unchanged.Read more

24 Apr 2026

British Land has increased its earnings guidance after strong demand for office space from artificial intelligence and technology firms boosted rental growth across its London campuses. Leasing activity from companies such as Anthropic and the presence of global players like OpenAI have supported occupancy and pricing, offsetting weaker demand from traditional office users. The company also reported improved occupancy levels and steady performance across its key office assets. However, growth in retail and logistics segments has moderated compared to last year. The revised outlook reflects continued momentum in London’s emerging technology-driven office market.Read more