21 Apr 2026

Two Boeing 737 aircraft operated by Akasa Air and SpiceJet were damaged after coming into contact on the ground at Delhi airport, prompting an investigation by the Directorate General of Civil Aviation (DGCA). The incident occurred at Terminal 1 when a taxiing SpiceJet aircraft struck the stationary Akasa Air plane preparing for departure. Both aircraft have been grounded following the occurrence. The Akasa flight, scheduled to operate to Hyderabad, was returned to the bay, and all passengers and crew were safely disembarked. The regulator has initiated a probe to assess the circumstances, with preliminary findings indicating damage to the winglet and horizontal stabiliser of the respective aircraft.Read more

21 Apr 2026

Navi Mumbai Municipal Corporation has started work on a tunnel road beneath Palm Beach Road near Moraj Circle in Sanpada, despite continued opposition over environmental impact. The project will affect 440 trees, with 111 to be cut and 329 to be transplanted. Estimated at INR 33.80 crore, the project is aimed at easing congestion at a key junction. Residents and environmental groups have raised concerns about tree loss and planning changes, but authorities have proceeded without altering the approved design, and on-ground work is now underway.Read more

21 Apr 2026

NG Electro Products, a contract manufacturing platform focused on consumer goods, has secured INR 150 crore in funding from JM Financial Private Equity and family offices. The investment will be utilised to expand manufacturing capacity, strengthen research and development capabilities, and enhance quality and compliance infrastructure. The company serves consumer brands across home care, beauty and personal care, and nutraceutical segments. The investment was made through JM Financial India Growth Fund III, which targets multiple sectors including consumer, manufacturing, and technology. The funding reflects investor interest in scalable contract manufacturing platforms catering to evolving consumer product demand and product innovation requirements.Read more

Noida News Desk

21 Apr 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has extended the deadline for applications to its proposed 500-acre fintech hub in Sector 11 near the Noida International Airport, revising the submission date to April 29. The move is aimed at attracting wider participation from global investors and financial institutions. The project, structured through an expression of interest (EOI), is envisioned as a financial services ecosystem comprising offices, IT and digital service centres, and transaction processing units. YEIDA plans to leverage upcoming industry events to promote the development and increase investor engagement. The hub is expected to support fintech, banking, and financial services firms while strengthening the region's positioning as a financial services destination.Read more

21 Apr 2026

Wipro Hydraulics, part of Wipro Infrastructure Engineering, has signed a definitive agreement to acquire a majority stake in Italy-based Indeco Ind Spa, marking its entry into the hydraulic attachments segment. Indeco, established in 1976, manufactures demolition and construction equipment such as hydraulic hammers and shears, with operations across Italy and the US. The transaction is expected to expand Wipro's product portfolio beyond hydraulic cylinders while strengthening its global manufacturing and distribution footprint. The founding Vitulano family will continue to remain operationally involved in the business. The deal also provides Indeco access to enhanced research and development capabilities and Wipro's global network, supporting further product development and organisational growth.Read more

20 Apr 2026

The Andhra Pradesh government has approved an INR 2,550 crore investment by NPSPL Speciality Chemicals to set up a cathode material manufacturing facility in Chittoor district. The project, spread over 105 acres, will support lithium-ion battery production used in electric vehicles, electronics and energy storage systems. Backed by incentives under the state's Electronics Component Manufacturing Policy 2025-30, the unit is expected to generate around 400 direct jobs. The move aims to reduce India's reliance on imports of critical battery materials and strengthen the domestic electronics and EV supply chain.Read more

20 Apr 2026

The Indian Institute of Management Bangalore, in collaboration with TBS Education, will host the ninth International Conference on the Future of Aviation and Aerospace (FOAA). The event will bring together industry leaders, policymakers and academicians to discuss sector growth, infrastructure needs, manufacturing and emerging technologies. As part of a broader executive education initiative, the conference aims to address talent gaps and strengthen industry-academia collaboration. With participation from key aviation stakeholders, discussions are expected to focus on long-term sector development and India's growing role in global aviation.Read more

Bangalore News Desk

20 Apr 2026

Karnataka Chief Minister Siddaramaiah has requested a special grant of INR 6,000 crore from the Centre to improve Bengaluru's infrastructure, as part of an 18-point memorandum submitted to Prime Minister Narendra Modi. The proposal highlights the need to address pressure on urban systems due to Krapid growth. The state has also sought the release of pending Finance Commission funds, including INR 5,495 crore. The request reflects ongoing efforts to secure central support for mobility, civic upgrades and key project approvals in India's leading technology hub.Read more

20 Apr 2026

Ready Mix Concrete (RMC) manufacturers in Pune have collectively paused operations across nearly 300 plants, with the shutdown taking effect from midnight in the past week as part of a planned compliance and standardisation exercise. The sector, which supplies around 9 lakh cubic metres of concrete monthly and contributes an estimated INR 5,400 crore annually, stated that the move is not a strike but a structured initiative to upgrade safety, environmental and operational standards. The temporary halt is expected to impact construction activity across infrastructure and housing projects, with developers flagging potential delays and increased reliance on on-site concrete mixing. The industry has also reiterated the need for a unified regulatory framework and single-window clearances.Read more

Mumbai News Desk

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