19 Feb 2026

Carrier Air Conditioning & Refrigeration Ltd is establishing a INR 1,000-crore manufacturing facility in Sri City, Andhra Pradesh, spanning 39 acres. The project, focusing on sustainable and energy-efficient cooling solutions, will create 1,000 direct and 2,000 indirect jobs. The lease agreement was executed between Carrier India and Sri City officials. Highlighted by state leaders, the project showcases Andhra Pradesh's fast-track industrial execution and investor-friendly environment. Complementing Carrier's Haryana operations, the facility aims to meet growing domestic and global demand, strengthen the state's HVAC leadership, and integrate green manufacturing practices.Read more

19 Feb 2026

The Union government has approved an infrastructure project worth INR 913.7 crore for constructing a six-lane elevated corridor over the Panchaganga river on National Highway 48 near Kolhapur. The project is aimed at ensuring uninterrupted highway movement during seasonal flooding, which has repeatedly disrupted traffic in the region. Spanning 3.578 km, the corridor will also include service roads, upgraded junctions and railway underpasses, improving traffic flow for both long-distance highway users and local commuters in southwest Maharashtra.Read more

19 Feb 2026

The National Highways Authority of India has received strong bidder participation for the 111-km, six-lane Capital Region Ring Road planned around Bhubaneswar. A total of 64 bids were submitted across three construction packages under the Hybrid Annuity Mode, indicating solid interest from infrastructure developers. The project, estimated to cost INR 8,307 crore, has most land acquisition and statutory clearances already in place, allowing NHAI to move towards awarding contracts and starting construction as scheduled.Read more

19 Feb 2026

Daily travellers on the Pune highway between Nashik Road and Dwarka have welcomed a proposal to widen the key urban stretch to 10 lanes, saying it could ease persistent congestion at frequent bottlenecks such as Dwarka junction, Kathe Galli, Fame signal, Upnagar and Datta Mandir. The plan includes constructing a grade separator at Dwarka to improve traffic flow and reduce pressure on alternate routes. Commuters also raised concerns about heavy-vehicle movement and suggested a truck bypass to offer longer-term relief. Traffic officials acknowledged that current infrastructure is not sufficient for current demand.Read more

18 Feb 2026

Andhra Pradesh has moved ahead with plans to set up a large shipbuilding and ship repair facility at Machilipatnam as part of its maritime infrastructure expansion. The project will be developed through a Design, Build, Finance, Operate and Transfer model, with private participation invited through a competitive bidding process. The state maritime board has completed internal approvals for issuing the request for proposals. The facility is expected to strengthen coastal industrial activity, generate employment, and support the state&s long-term port-led development strategy.Read more

18 Feb 2026

Amazon Web Services India (AWS India) and Yotta Data Services will collaborate to deploy a hybrid cloud infrastructure for the National Informatics Centre's (NIC) Meghraj 2.0 initiative, aimed at strengthening digital governance in the country. Meghraj, also known as the GI Cloud, seeks to accelerate delivery of e-services through cloud computing. Under the partnership, AWS India will work with Yotta to implement AWS Outposts within NIC data centres, enabling government departments to leverage advanced AWS services including generative artificial intelligence while meeting data residency and security requirements. The solution will allow sensitive workloads to remain within NIC facilities, while providing elastic scalability by connecting to AWS Regions in India during peak demand periods, ensuring seamless performance for citizen-facing services and mission-critical applications.Read more

18 Feb 2026

Ranchi's urban development department has submitted a detailed mobility plan to the central government aimed at improving traffic flow and public transport in the city. The proposal covers widening and upgrading about 160 km of key roads, construction of nine flyovers at congested junctions, and improvements to pedestrian and cycling infrastructure. It also includes plans for three proposed metro corridors spanning nearly 51 km, which have been sent for feasibility studies. The plan seeks to address long-standing congestion and parking challenges across major city areas.Read more

18 Feb 2026

The National Highways Authority of India (NHAI) will develop dedicated Bee Corridors along national highways to support pollinator conservation and reduce ecological stress, the Ministry of Road Transport & Highways (MoRTH) said on Tuesday. At least three such corridors are planned for 2026-27, beginning April 1. The initiative will involve planting continuous stretches of bee-friendly vegetation, including flowering trees and plants that provide nectar and pollen throughout the year. Around 40 lakh trees are proposed to be planted along highways in 2026-27, with nearly 60 per cent under the Bee Corridor programme. The corridors will be developed on selected highway stretches and vacant NHAI land parcels, with planting clusters spaced 500 metres to 1 kilometre apart to align with the average foraging distance of honeybees and wild pollinators.Read more

18 Feb 2026

Godrej Enterprises Group (GEG) on Tuesday said its Security Solutions business has secured a contract from Cochin International Airport Limited (CIAL) to deploy next-generation gates and an integrated perimeter security system at the airport. The mandate includes installation of Under Vehicle Scanning Systems (UVSS) integrated with Automatic Number Plate Recognition (ANPR) technology and high-performance tyre killers across key access points. The deployment will cover entry and exit gates of both Terminal 1 and Terminal 2, enabling end-to-end monitoring of vehicular movement. The project marks CIAL's first large-scale implementation of a comprehensive vehicular access control system. GEG said the order strengthens its footprint in the aviation security segment, particularly in southern India, amid rising demand for advanced, regulation-ready airport security infrastructure.Read more

18 Feb 2026

Torrent Power has agreed to acquire 100 per cent equity in Nabha Power from L&T Power Development for INR 6,889 crore, pending regulatory approvals. NPL operates a 1,400 MW supercritical coal plant in Punjab under a 25-year PPA, with secure coal supply agreements. The acquisition will expand Torrent Power's operational capacity from 5 GW to 6.4 GW, strengthen cash flows, and enhance profitability from day one. NPL reported revenues of INR 4,866 crore and adjusted EBITDA of INR 1,153 crore in FY25, reflecting high operational efficiency with a 95.36% plant availability.Read more