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17 Feb 2026
India plans to add 50 new airports over the next five years, a move expected to support urban expansion and create fresh opportunities for the real estate sector. Civil Aviation Minister K Rammohan Naidu said airports act as key enablers of property development and confirmed efforts to ease building height restrictions near airports without affecting safety. With 165 operational airports already in place, India is adding aviation infrastructure at a rapid pace. The real estate sector is projected to reach USD 1 trillion by 2030 and USD 5-7 trillion by 2047.Read more
17 Feb 2026
A proposed air taxi corridor for Delhi-NCR could significantly reduce travel time between Gurgaon, Central Delhi and Noida International Airport at Jewar, according to a recent study by the Confederation of Indian Industry. The plan uses electric vertical take-off and landing aircraft to cut road journeys of two to three hours to under 30 minutes. The report outlines phased implementation, regulatory oversight, rooftop vertiports, and initial use for emergency services before passenger operations, while addressing airspace, safety and environmental considerations.Read more
17 Feb 2026
The Airports Authority of India (AAI) has announced a major investment of INR 3,490 crore for upgrading air navigation systems at airports nationwide between 2026 and 2028. Around INR 1,532 crore is allocated for automating air traffic management systems, while the remaining funds will enhance other communication, navigation, and surveillance equipment. The move follows past operational disruptions and includes steps to strengthen cybersecurity, with IIT Madras engaged as a consultant. AAI has also been recruiting technical staff, adding 2,341 personnel over the past three years to maintain safety and efficiency.Read more
17 Feb 2026
The Municipal Corporation of Delhi has initiated a citywide desilting programme valued at INR 36 crore to prepare for the upcoming monsoon season. The initiative covers nearly 800 deep drains spread across multiple zones and focuses on improving drainage efficiency in flood-prone areas. Work orders for drains deeper than 4 feet are being issued, with phased timelines extending into the latter part of the year. The plan also introduces stricter monitoring, disposal timelines for excavated silt, and a verification-linked payment system to ensure execution discipline.Read more
17 Feb 2026
Adani Airport Holdings Ltd (AAHL) is planning to raise up to INR 1,500 crore by issuing three-year bonds at an 8.45% interest rate, with quarterly payouts. The proposed bond sale aims to consolidate debt across six of AAHL's airports at Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram, and includes a restriction on additional borrowing, according to people familiar with the matter. India Ratings has assigned an AA- rating to the issue. AAHL has previously used non-convertible debentures for capital expenditure and continues to access the domestic debt market as activity picks up.Read more
17 Feb 2026
Mahanagar Gas Ltd has outlined a capital expenditure plan of around INR 1,200-1,300 crore for the next financial year, broadly in line with current spending levels. The city gas distributor is evaluating acquisitions of renewable energy assets while continuing pilot projects in green hydrogen and compressed biogas. Alongside diversification, the company plans to expand its CNG, LNG and domestic PNG network across Mumbai and nearby regions, while preparing for further reduction in government-allocated gas supplies.Read more
16 Feb 2026
The Union government has approved 100 electric buses for Belagavi city under the PM-e Bus Sewa scheme, Rajya Sabha MP Iranna Kadadi said during the recent budget session of Parliament. The sanction is part of a wider allocation that includes 750 electric buses for ten cities in neighbouring Karnataka. Along with the buses, the Centre has also approved infrastructure support, including a control room, charging points, depot facilities and related technical systems, with around INR 6.8 crore earmarked for these civil works. The move is intended to modernise and decarbonise Belagavi's public transport system, enhancing cleaner, sustainable urban mobility in the city. The electric bus rollout aligns with national efforts to reduce emissions and expand organised public transport networks in tier-2 urban centres.Read more
16 Feb 2026
The Magenta Line of the Delhi Metro is set to become the longest corridor in the network after planned extensions under Phase IV and Phase V (A). Once completed, the corridor will span about 89 kilometres with 65 stations, including 21 interchange points, the highest for any single line. Four interchange stations are currently operational, while the remaining will be added as new sections open. The fully driverless corridor is expected to significantly improve cross-city connectivity and balance passenger movement across multiple metro lines.Read more
16 Feb 2026
Hyderabad-based Sigma Advanced Systems has acquired Delhi-based AS Strategic for INR 30 crore to strengthen its global aerospace and defence platform, particularly across Europe. The acquisition adds an order book of over INR 315 crore linked to active European defence programmes and brings long-standing joint ventures and service partnerships with global original equipment manufacturers. The transaction enhances Sigma's presence in defence services, engineering and programme participation, supporting its transition from a component supplier to a deeper systems-level partner with long-term international defence customers.Read more
16 Feb 2026
Patel Engineering Ltd has completed tunnelling work under Package II of the CIDCO Treated Water Tunnel Project in Maharashtra four months ahead of schedule. The 6.27-km package, part of the overall 28.2-km tunnel project awarded by City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) for INR 520 crore in June 2023, was executed in 14 months against the contracted 19 months. The company achieved a national benchmark by tunnelling 812.466 metres in January using a 3.2-metre diameter Tunnel Boring Machine (TBM). The project involved underground tunnelling between Sai and Vindhane villages in Raigad district, marking a significant milestone in infrastructure execution.Read more
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16 Feb 2026
Redevelopment plans for two major bus depots in Ghaziabad have been delayed as authorities grapple with policy uncertainty over the implementation of a Transit-Oriented Development (TOD) framework in the city, officials said. The stalled projects include the Kaushambi and Vasundhara depots, where Ghaziabad City Industrial Development Authority (GCIDA) and Uttar Pradesh State Road Transport Corporation (UPSRTC) had initially planned redevelopment with mixed-use components around transport hubs. However, a lack of clear TOD guidelines and disputes over land use norms have held up progress on master planning, approvals and tendering. Stakeholders said the delay is affecting efforts to modernise bus infrastructure and integrate urban mobility with surrounding development. Authorities have indicated that a revised policy direction or clarification from the state government will be needed to move the depot redevelopment projects forward.Read more
16 Feb 2026
The Cabinet Committee on Economic Affairs (CCEA) has approved national highway projects worth over INR 11,000 crore across Maharashtra, Gujarat and Telangana, the Ministry of Road Transport and Highways said. The projects include upgrading a 154.6-km stretch of NH-160A in Maharashtra at INR 3,320.38 crore under EPC mode, construction of 4-lane sections of NH-56 in Gujarat at INR 4,583.64 crore, and widening of NH-167 in Telangana at INR 3,175.08 crore under hybrid annuity mode. The Maharashtra project aligns with PM GatiShakti principles and will connect multiple economic and logistics nodes, while the Gujarat stretch is expected to reduce travel time by 40 per cent. The Telangana project will improve connectivity on the Hyderabad Panaji Economic Corridor.Read more
16 Feb 2026
The Centre and the Rajasthan government have agreed to fast-track pending approvals, strengthen monitoring frameworks and deepen industry engagement to improve placement-linked outcomes under key skilling programmes. The review meeting, chaired by Jayant Chaudhary, Minister for Skill Development & Entrepreneurship, focused on enhancing Centre-state collaboration and upgrading ITIs under the PM-SETU scheme. Plans to establish Skill India International Centres in Jaipur and Bharatpur were also discussed to boost overseas employment pathways. Rajasthan, which has one of the largest ITI networks in India, has trained over 3.14 lakh candidates under PMKVY 4.0 and crossed 1.04 lakh apprentices under NAPS, reinforcing its role in India's skilling transformation.Read more
16 Feb 2026
A parapet segment fell near Pier P196 on Mumbai Metro Line 4, injuring four people and resulting in one death. MMRDA immediately secured the site, halted construction at the stretch, and initiated a structural safety assessment with BMC and other authorities. A high-level inquiry committee has been formed to investigate construction practices, quality control, supervision, and contractor compliance. Financial penalties of INR 5 crore on the contractor and INR 1 crore on the general consultant have been imposed. Full medical treatment for the injured and financial support for the deceased's family will be provided promptly, with transparency and accountability emphasized.Read more
16 Feb 2026
The Delhi government has cleared Phase V(A) of the metro project after receiving the Centre's nod, marking a significant expansion of the city's rapid transit network. The plan involves three new corridors connecting RK Ashram Marg to Indraprastha via Central Vista, Tughlakabad to Kalindi Kunj, and Aerocity to Indira Gandhi Domestic Terminal-1, covering 16.07 km with 13 stations. Most stations will be underground. The total estimated cost is INR 12,014.91 crore, with the state contributing INR 2,940.46 crore. The expansion aims to improve connectivity, reduce congestion, and support sustainable urban mobility.Read more
16 Feb 2026
Northern Railway has extended its special train service, which previously ran between Budgam and Banihal, to now reach Shri Mata Vaishno Devi Katra. The extension includes a Vistadome coach featuring 360-degree rotating seats, large panoramic windows, and a glass roof, offering passengers uninterrupted views of the valley, mountains, rivers, tunnels, and key engineering landmarks such as the Chenab and Anji Khad bridges. This development enhances rail connectivity, provides a memorable travel experience for tourists and locals, and strengthens the role of the Udhampur-Srinagar-Baramulla Rail Link in linking Kashmir with the rest of India.Read more
16 Feb 2026
Titagarh Rail Systems Ltd has received approval from the Ministry of Railways through the Railway Board to register as a Wagon Leasing Company under Indian Railways Wagon Leasing Scheme. This allows the company to own and lease wagons across the national rail network, complementing its manufacturing operations with asset ownership and freight mobility solutions. The company will comply with all operational, safety, maintenance, and regulatory requirements. This move strengthens Titagarh's integrated presence in rail freight, following its recent expansion efforts and long-term strategy to enhance rolling stock capacity in India.Read more
16 Feb 2026
RailTel Corporation of India Ltd has won a INR 455 crore contract from the Ministry of Railways to deploy the Kavach automatic train protection system over 1,067 route kilometres in the Jabalpur Division of West Central Railway. The project covers high-density corridors, including Itarsi-Manikpur, Satna-Rewa, the Katni complex, and other sections. Scope includes design, supply, installation, testing, commissioning, optical fibre works, towers, and related civil, track, and electrical work under an EPC model, to be completed within 960 days. RailTel is also executing Kavach projects on 1,109 km of East Central Railway.Read more
16 Feb 2026
India's aviation regulator, the Directorate General of Civil Aviation (DGCA), has issued 352 show-cause notices to scheduled commercial airlines over the last two years for various regulatory violations. The data was shared by the civil aviation ministry in Parliament. IndiGo received the highest number of notices, followed by Air India and Air India Express. Of the total notices issued, penalties were imposed in 139 cases, while 113 resulted in warnings. The regulator continues close monitoring of airline operations, safety standards and fleet expansion activity.Read more
16 Feb 2026
The Jammu Development Authority (JDA) had formally regularised 31 residential colonies in Jammu based on a series of government orders issued between 1974 and 2009, alongside judicial directions from 2010. However, the High Court recently stayed the regularisation process. The Jammu & Kashmir Chief Minister clarified that future residential colonies will only be developed after proper land allotment, either through self-financing or Public-Private Partnership models with statutory board approvals. The Janipur Housing Colony did not require regularisation as its plots were legally allotted during its early 1970s establishment. The government also acted against unauthorised residential-to-commercial conversions in the city.Read more
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