Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
20 Apr 2026
The Bombay High Court has raised concerns over the continued presence of illegal hawkers near Goregaon railway station and questioned the BMC and police on enforcement gaps. The issue was brought by a traders association citing business losses, obstruction and safety concerns. The court asked authorities to explain the lack of sustained action despite repeated complaints over the years. It also sought details on measures taken against repeat offenders. The matter forms part of a larger ongoing review of hawker regulation and implementation of the Street Vendors Act in Mumbai.Read more
20 Apr 2026
The City and Industrial Development Corporation (CIDCO) has appointed a joint venture of RITES Limited and Creative Group LLP to undertake a techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport (NMIA). The study, expected to be completed within six months, will assess technical, operational, environmental and financial viability. NMIA, part of the Mumbai Metropolitan Region's dual-airport system alongside Chhatrapati Shivaji Maharaj International Airport, is designed to handle 90 million passengers annually upon full development. The move comes amid projections of sustained air traffic growth, prompting advance capacity planning. The proposed runway is expected to support long-term expansion of aviation infrastructure and improve operational efficiency at the greenfield airport.Read more
20 Apr 2026
US-based wealth management firm LPL Financial has inaugurated its Global Capability Center (GCC) in Hyderabad, marking its entry into India's expanding financial services support ecosystem. The centre will support enterprise functions including technology, operations, product development, data analytics and risk management, aligned with the company's US-focused business. Currently operating from a temporary office in Nanakramguda's Financial District, the GCC is expected to transition to a permanent facility by early 2027. The centre forms part of LPL's global operating model aimed at strengthening platform stability and enhancing advisor and client support. The move also reflects Hyderabad's continued positioning as a hub for global capability centres, particularly in financial services and technology-led operations.Read more
20 Apr 2026
Adani Energy Solutions Ltd has operationalised a 1,000 MW high-voltage direct current transmission link between Kudus and Aarey through its subsidiary Adani Electricity Mumbai Infrastructure Ltd. The project spans a 30-km overhead line and a 50-km underground corridor across the Mumbai Metropolitan Region and incorporates what is described as the world's first compact HVDC substation. The infrastructure enables Mumbai to draw higher volumes of electricity, including renewable energy, from outside the city. It is expected to reduce dependence on local generation, improve grid stability, and lower the risk of outages, while supporting the region's growing power demand within a dense urban environment.Read more
20 Apr 2026
CIDCO has appointed a joint venture of RITES Ltd and Creative Group LLP to carry out a six-month techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport. The study will examine technical, operational, environmental and financial aspects of expansion. The move is part of long-term planning to meet rising air traffic demand in the Mumbai Metropolitan Region, where passenger numbers are expected to grow significantly over the next two decades, putting pressure on existing airport infrastructure.Read more
20 Apr 2026
CAE Simulation Training Pvt Ltd (CSTPL), a joint venture between InterGlobe Enterprises and Canada-based CAE, has inaugurated a 44,000 sq ft pilot training facility in Mumbai, marking its fourth centre in India. The facility has commenced operations with an Airbus A320 full-flight simulator and is designed to support type rating, recurrent training and proficiency checks. A second A320 simulator is scheduled to be added in the near term, with capacity to scale up to six simulators over time. The centre forms part of CSTPL's broader network, which spans Greater Noida, Gurugram and Bengaluru. The expansion comes amid rising demand for pilot training as India's aviation sector grows, with projections indicating a requirement for around 22,000 new pilots over the next decade.Read more
20 Apr 2026
Mumbai Metro Line 1 has introduced an app-based cashback feature aimed at reducing commuting costs by linking everyday online spending with travel savings. The initiative allows commuters to earn up to INR 20 cashback per transaction on purchases made via major e-commerce platforms. The cashback is credited instantly and can be transferred directly to users bank accounts. Developed in collaboration with multiple technology partners, the feature is positioned as a first-of-its-kind offering in the metro sector. The move is part of a broader push towards digital engagement and commuter-centric services, as urban transport operators increasingly integrate fintech-driven incentives to enhance ridership and user experience.Read more
19 Apr 2026
The Ministry of Road Transport and Highways has notified revised toll rules for overloaded vehicles on national highways, introducing a graded fee structure linked to excess weight. Under the new framework, vehicles carrying up to 10% excess load will not face penalties, while those exceeding limits by 10-40% will be charged twice the base toll and those above 40% will pay four times. The rules, effective from April 15, mandate the use of certified weighment systems and FASTag-based digital payments. Data on violations will be recorded in the VAHAN database. The policy aims to improve compliance with load norms, reduce road damage, and strengthen monitoring of freight movement across the highway network.Read more
19 Apr 2026
The Bhubaneswar Development Authority has advanced plans for a new road link between Gadakana and Patia railway station with an estimated cost of INR 77 crore. The project is aimed at easing congestion and improving last-mile connectivity in one of the city's fast-growing corridors. With rising residential development and increasing commuter traffic in the Patia region, the new link is expected to reduce pressure on existing roads. The move forms part of a wider effort to strengthen urban mobility and support Bhubaneswar's ongoing expansion.Read more
19 Apr 2026
Passengers travelling on the Vande Bharat Express between Thiruvananthapuram and Mangaluru have been facing repeated delays, affecting daily travel plans and overall experience. The train has reportedly been running late by over an hour on several occasions, with delays extending up to two hours at some stations. Issues such as single-line track congestion, especially along the Alappuzha section, and inadequate pre-departure maintenance have contributed to the situation. With premium fares attached to the service, passengers have raised concerns over punctuality, cleanliness, and operational efficiency on this key Kerala route.Read more