12 Apr 2026

Dilip Buildcon Limited, through its joint venture with Ranjit Buildcon, has secured the lowest bidder position for an INR 268 crore water infrastructure project in Gujarat. The contract involves the construction of the Ged barrage across the Sabarmati river along with protection works and allied activities. Executed under the EPC model, the project also includes a 10-year operation and maintenance period. With a construction timeline of 24 months, the order strengthens the company's water infrastructure portfolio and adds stability to its existing order book.Read more

12 Apr 2026

Thomas Cook (India) Limited has expanded its foreign exchange footprint in Assam with the launch of a new franchise outlet in Guwahati, taking its presence in the state to three locations. The move aligns with rising demand for forex services driven by outbound travel, student mobility and business activity in the Northeast. The company cited Guwahati's growing role as a regional gateway, supported by increasing passport holders and improved connectivity through Lokpriya Gopinath Bordoloi International Airport. The outlet offers services including prepaid travel cards, remittances and multi-currency exchange. The expansion forms part of the company's omnichannel strategy, integrating physical retail with digital platforms to enhance customer access and service delivery across emerging regional markets.Read more

12 Apr 2026

The Department of Science and Technology, Government of Gujarat, has signed a memorandum of understanding with Inductus Group to promote the state as a destination for Global Capability Centres (GCCs). The agreement, formalised in the past week, aims to strengthen Gujarat's positioning in the global technology and innovation ecosystem by leveraging its infrastructure, policy framework and talent base. Under the collaboration, Inductus Group will provide advisory services including location strategy, investment facilitation and GCC enablement. The move comes amid increasing interest from multinational firms in emerging Indian cities beyond traditional metros. The initiative is expected to support the development of IT-led commercial ecosystems, enhance investment inflows and facilitate the establishment of technology-driven business operations within the state.Read more

Kolkata News Desk

11 Apr 2026

The Bidhannagar Municipal Corporation has announced the rollout of its online property tax collection system starting April 13, aimed at making tax payments more accessible and reducing reliance on physical counters. The system will allow residents across different wards to pay property tax digitally through the official municipal platform using their assessment details. Offline payment facilities will be introduced in a phased manner in select wards shortly after the online launch. Demand notices for the current financial year are expected to be made available around the same period to support smooth tax processing.Read more

11 Apr 2026

Gujarat reported a strong rise in stamp duty and registration revenue in the financial year 2025-26, with collections increasing 30% to INR 19,102.58 crore compared to INR 14,706 crore in the previous year. The growth came despite only a marginal rise in property registrations, indicating higher property valuations as the key driver. Officials linked the increase to revised jantri rates implemented in the earlier cycle, which continued to impact valuations. Ahmedabad led the state in both revenue and registrations, followed by Surat, Rajkot, Vadodara and Gandhinagar.Read more

11 Apr 2026

Land acquisition has begun for the proposed East West Dedicated Freight Corridor, marking progress in India's plan to expand its freight rail network. The corridor will connect Dankuni in West Bengal to Palghar in Maharashtra, covering key industrial regions. Officials indicated that coordination with state governments is ongoing to support land acquisition and alignment finalisation. The project follows the development of the Eastern and Western corridors and is aimed at improving freight movement efficiency, reducing congestion on passenger routes, and lowering logistics costs across the country.Read more

10 Apr 2026

Vin Group, a Vietnamese firm, plans to invest USD 6.5 billion in Maharashtra for sustainable urban development, electric mobility, tourism, renewable energy, and social infrastructure. The MoU with MMRDA and the Industries Department aims to create smart residential townships, large-scale electric transport solutions, international-standard schools and hospitals, a solar power project, and tourism facilities. Spread over 5,000 acres, the project is expected to generate around 24,700 jobs. The initiative aligns with Maharashtra's efforts to make Mumbai a globally competitive economic and urban hub.Read more

10 Apr 2026

The central government has revised its Transit Oriented Development (TOD) policy to increase affordable housing supply along metro and rapid rail corridors. The updated framework mandates that 65% of the built-up area be used for smaller housing units, while allowing higher density and mixed-use development. It also reduces minimum plot size and introduces faster approvals through a single-window system. The policy aims to improve land use efficiency, strengthen last-mile connectivity, and promote compact urban growth near transit networks, especially in cities like Delhi.Read more

10 Apr 2026

A group of institutional investors acquired a 1.6 per cent stake in Delhivery through open market transactions, with the deal valued at around INR 530 crore. The stake was sold by Nexus Venture Partners as part of its ongoing stake reduction strategy. Key buyers included BNP Paribas, SBI Mutual Fund, Edelweiss Mutual Fund, Nippon India Mutual Fund, AlphaGrep Investment Management and ICICI Prudential Life Insurance. The transaction reflects continued investor interest in the logistics sector and follows multiple stake sales by Nexus over the past two years.Read more

10 Apr 2026

Real estate firm Dalcore has announced an investment of INR 500 crore to develop a branded luxury housing project in Gurugram in partnership with London-based design brand YOO. The project, named The Falcon, has been launched in the past week on a 2-acre land parcel along Golf Course Road and will comprise a single 165-metre-high tower. With a built-up area of approximately 5 lakh sq ft, the development will include 96 units, comprising 93 apartments and three penthouses. Apartment prices are expected to start from INR 10 crore, with the developer targeting total revenues of around INR 1,450 crore. The project marks Dalcore's entry into the residential segment and introduces YOO-branded residences to North India, reflecting growing demand for design-led premium housing offerings in key urban markets.Read more