18 minutes ago

Karyan Group has performed the Bhoomi Poojan ceremony for Trevana Residences, its recently launched luxury housing project on NH-24 opposite Wave City in Ghaziabad, formally commencing construction of the development. The NCR-based developer is investing INR 900 crore in the project and expects to generate nearly INR 1,500 crore in revenue. Scheduled for completion by 2030, the development will comprise 3 and 4 BHK residences supported by a 45,000 sq. ft. clubhouse, lifestyle amenities and sustainable infrastructure. Located along the NH-24 corridor with connectivity to Delhi, Noida and Meerut, the project is aimed at premium homebuyers and investors. The launch comes amid sustained demand for luxury and upper mid-segment housing across the National Capital Region, particularly in emerging residential corridors.Read more

1 hour ago

The Navi Mumbai Municipal Corporation (NMMC) has intensified its monsoon preparedness measures following heavy rainfall across the city, with emergency response teams and control rooms operating round the clock. Between the morning of June 23 and the morning of June 24, the civic body recorded an average rainfall of 125.23 mm, with Belapur receiving the highest precipitation of 139.40 mm and Digha the lowest at 114.40 mm. Cumulative rainfall for the current monsoon season has reached 148.15 mm. The civic administration has deployed water pumping systems in low-lying areas, activated disaster management and fire response teams, and instructed field staff to ensure uninterrupted stormwater drainage and remove fallen tree branches. Residents have also been advised to use dedicated emergency helplines and avoid acting on unverified information.Read more

26 Jun 2026

The West Bengal government has ordered a temporary halt to under-construction commercial projects across the Kolkata Municipal Corporation (KMC) area until July 31 following the collapse of an under-construction warehouse in Taratala that claimed multiple lives and left several workers injured. The suspension forms part of a wider safety review of projects approved under the previous administration, with authorities directing comprehensive audits of building plans, construction quality and regulatory compliance. The move comes amid concerns over structural safety standards in ongoing developments and is expected to impact commercial real estate activity across Kolkata in the near term. The government has indicated that projects will be allowed to resume only after undergoing scrutiny and meeting prescribed safety requirements.Read more

Pune News Desk

26 Jun 2026

Japan-based Jamco Interiors plans to invest USD 150 million in India to expand its engineering and supply chain operations, with Pune set to emerge as a key global aerospace design hub. The company has inaugurated a Centre of Excellence in Pune to strengthen capabilities in design, certification and product development. The investment will support global aviation programmes, enhance local sourcing and create skilled jobs, reflecting the growing role of India in the international aerospace manufacturing and engineering ecosystem.Read more

Mumbai News Desk

26 Jun 2026

• A Brihanmumbai Municipal Corporation (BMC) committee has approved a proposal to alter the reservation status of a prominent MHADA-owned plot near Bandra Reclamation.
• The land, previously reserved for recreational use including a playground, is proposed to be redesignated for an exhibition and convention-related facility.
• The move has triggered opposition from local residents, sports groups and civic activists who argue that Mumbai is already facing a shortage of open public spaces.
• The proposal will proceed through further planning and approval processes before any final development can take place on the site.Read more

26 Jun 2026

Deep-tech startup Airbound has signed a memorandum of understanding with Andhra Pradesh Drone Corporation to develop a drone delivery network across the Amaravati Capital Region. The initiative will connect Amaravati, Vijayawada and Guntur through drone-based logistics services covering healthcare, e-commerce and commercial deliveries. The project will begin with pilot operations and route mapping before expanding into interconnected drone corridors. The partners aim to enable 10,000 daily drone flights across Andhra Pradesh over the coming year, supporting faster deliveries, improved connectivity, investment opportunities and growth in the state's emerging drone ecosystem.Read more

26 Jun 2026

The Forest Advisory Committee (FAC) has recommended in-principle approval for the diversion of 197 hectares of forest land for the 820 MW Kirthai-II Hydroelectric Project on the Chenab River in Jammu and Kashmir. The project, to be developed by Chenab Valley Power Projects Limited in Kishtwar district, had earlier secured environmental clearance recommendations subject to forest approval. The run-of-the-river scheme will require the felling of 8,723 trees and forms part of a broader hydropower development programme in the Chenab basin.Read more

26 Jun 2026

• The Centre has drawn up contingency strategies for 315 districts to help farmers respond to rainfall shortages and weather-related uncertainties during the kharif season.
• District-specific plans include alternative crop choices, revised sowing schedules and water management measures tailored to local conditions.
• Agricultural agencies, state governments and research institutions have been asked to coordinate closely to minimise risks to farm output and rural livelihoods.
• The preparedness framework aims to strengthen resilience against weather disruptions while ensuring continuity of agricultural activities across vulnerable regions.Read more

26 Jun 2026

• The Maharashtra government has proposed a new framework for cooperative housing societies aimed at bringing greater clarity to the calculation and collection of maintenance charges.
• The draft rules seek to standardise the treatment of common expenses and establish a uniform methodology for recovering charges from society members.
• The proposed changes are intended to reduce recurring disputes over maintenance billing, particularly in mixed-use and multi-wing housing developments.
• The framework forms part of a broader effort to modernise housing society governance and improve transparency in financial administration.Read more

Delhi News Desk

26 Jun 2026

Delhi Metro Rail Corporation (DMRC) has commenced construction of the new Central Secretariat station as part of the Central Vista Metro corridor, a key segment of the upcoming Golden Line. The project is expected to strengthen connectivity across the capital while integrating the redeveloped Central Vista precinct with Delhi’s expanding metro network. Once completed, the station will emerge as a major interchange hub linking multiple metro corridors and improving access to government and administrative districts.Read more

Hyderabad News Desk

26 Jun 2026

The Hyderabad Metropolitan Development Authority (HMDA) has raised over INR 120 crore through the auction of residential plots in Medipally, reflecting sustained demand for plotted developments in Hyderabad’s eastern growth corridor. Conducted in the past week, the auction attracted strong participation from homebuyers and investors, with several plots fetching prices above the upset rates. The sale forms part of HMDA’s land monetisation strategy to generate funds for infrastructure and urban development projects across the metropolitan region.Read more

26 Jun 2026

Singapore-based real estate firm OUE has partnered with Japanese investment company Tokyo Century to acquire the Crowne Plaza Changi Airport hotel for SGD 500 million (USD 385.4 million). The transaction marks the second hospitality collaboration between the two companies at Singapore's Changi Airport. The 575-room hotel, located at Terminal 3 and operated by IHG Hotels & Resorts, will be acquired through an OUE-Tokyo Century joint venture from OUE REIT. The proposed transaction is subject to approvals from Changi Airport Group and OUE REIT unitholders.Read more

26 Jun 2026

The Bombay High Court has cleared the removal of 208 mangrove trees to facilitate construction of an eight-lane access-controlled highway connecting the upcoming Vadhvan Port in Palghar district to NH-48, providing a significant boost to the INR 76,220 crore port project. The court observed that the project serves a larger public purpose and holds substantial economic significance. The National Highways Authority of India (NHAI) received approval after demonstrating compliance with environmental, coastal regulation zone and forest clearance requirements, including compensatory afforestation measures. The project proponent has undertaken the plantation of approximately 1.33 lakh mangroves across 30 hectares and deposited more than INR 4.83 crore towards compensatory afforestation. The clearance is expected to accelerate implementation of the proposed greenfield port, which is being developed near Dahanu in Palghar district.Read more

26 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis met Amazon Chief Executive Officer Andy Jassy in Mumbai and invited the technology company to expand its investments in the state across data centres, healthcare infrastructure and artificial intelligence-driven skill development. During the meeting, Fadnavis highlighted Maharashtra’s position as India's leading data centre hub and outlined opportunities arising from the state's dedicated data centre policy, which promotes green infrastructure and renewable energy usage. He also discussed the state's ambition to grow its economy from an estimated USD 660 billion to USD 1 trillion by 2030 and emphasised the increasing adoption of artificial intelligence across governance, agriculture, healthcare, education and infrastructure. The chief minister additionally showcased investment prospects in the upcoming Medicity project in Navi Mumbai and sought collaboration with Amazon on AI-focused skilling initiatives.Read more

26 Jun 2026

Global alternative asset manager Alpha Wave Global has exited logistics company Delhivery by selling its entire 1.93% stake through open market transactions worth nearly INR 665 crore. The sale comes days after Nexus Venture Partners reduced its holding in the company through a separate block deal. In another transaction, Mirae Asset Venture Investments sold a 0.97% stake in logistics firm Shadowfax Technologies for about INR 120 crore. Shares of both Delhivery and Shadowfax declined following the stake sales, reflecting investor reaction to the transactions.Read more

26 Jun 2026

At least 235 people have died and around 4,300 have been injured after twin earthquakes measuring 7.2 and 7.5 struck northern Venezuela in the past week. The latest official toll marks a sharp rise from an earlier estimate of 164 deaths and 971 injuries as rescue operations continue. The earthquakes caused widespread damage to homes, hospitals, transport infrastructure and public utilities, prompting a state of emergency, a USD 200 million reconstruction fund and an international humanitarian response.Read more

26 Jun 2026

The National Highways Authority of India (NHAI) has intensified efforts to remove encroachments and unauthorised parking along National Highways in a bid to improve road safety and traffic management. The authority has identified 595 critical locations across multiple states where unauthorised parking activities have been reported and is coordinating with state governments, district administrations and enforcement agencies to address the issue. Alongside enforcement measures, NHAI has ordered audits of Advanced Traffic Management System (ATMS) infrastructure to ensure key safety and monitoring equipment remains operational. The initiative also includes enhanced highway patrolling, deployment of ambulances and recovery vehicles, and integration of monitoring systems with enforcement agencies to strengthen incident response and improve safety standards across the national highway network.Read more

26 Jun 2026

Swedish green steel startup Stegra has completed a EUR 1.4 billion (USD 1.59 billion) financing round led by a consortium backed by Sweden’s Wallenberg family. The funding marks a major milestone for the company as it moves ahead with the construction of Europe’s first hydrogen-based steel factory. The financing package received full support from both new and existing investors, along with unanimous approval from Stegra’s lender group. The development comes at a time when several green steel projects across Europe are facing delays or scale-backs due to rising costs and challenges associated with green hydrogen production.Read more

26 Jun 2026

The Uttarakhand government has ordered statewide safety audits of residential, commercial and public buildings following a recent fire incident in Lucknow. Chief Minister Pushkar Singh Dhami directed multiple departments to inspect fire safety systems, emergency exits, electrical infrastructure and compliance with building regulations. The exercise will cover high-occupancy properties, including hotels, hospitals, schools and housing developments. Authorities have also been instructed to identify violations, review preparedness measures and ensure corrective action wherever required.Read more

26 Jun 2026

Sirius Real Estate has announced the sale of two non-core business park assets in Sheffield, UK, while also expanding its presence in the self-storage segment through the acquisition of three new sites. The company will dispose of the Sheffield properties for GBP 5.3 million, representing a 3% premium to their book value. At the same time, Sirius will invest GBP 12.6 million to acquire and develop three self-storage locations, reflecting its continued focus on portfolio optimisation and growth in sectors with long-term demand potential.Read more

26 Jun 2026

JSW Infrastructure's qualified institutional placement (QIP) received strong investor interest, attracting bids worth more than INR 50,350 crore against an indicative issue size of up to INR 7,503 crore. The issue saw participation from major domestic and international institutional investors, reflecting confidence in the company's port and logistics expansion plans. The funds will support greenfield port development, strategic acquisitions and debt reduction. The response also highlights investor optimism around India's growing infrastructure sector and JSW Infrastructure's long-term plans to expand capacity and strengthen its logistics network.Read more

26 Jun 2026

Kenya has signed a KES 154.2 billion (USD 1.2 billion) agreement with China Road and Bridge Corporation to expand Jomo Kenyatta International Airport in Nairobi, marking a major step in the country's aviation infrastructure plans. The project aims to increase the airport's annual passenger handling capacity from 7.5 million to 22 million passengers through the construction of a new terminal and upgrades to existing facilities. The development comes after Kenya scrapped a previous airport expansion agreement with India's Adani Group last year and is part of the country's broader strategy to strengthen its position as a leading aviation hub in East Africa.Read more

26 Jun 2026

• Five workers have died following the collapse of a warehouse structure in Kolkata, while rescue teams continue efforts to locate and evacuate those trapped beneath the debris.
• Emergency personnel have rescued several individuals since the incident, with search operations involving specialised disaster response teams and heavy equipment.
• Authorities are investigating the circumstances that led to the collapse and assessing structural conditions at the site.
• The incident has raised concerns over worker safety and structural compliance at industrial and storage facilities in the city.Read more

26 Jun 2026

• The Centre and Telangana government have discussed financial and institutional support mechanisms for Hyderabad Metro Rail’s funding requirements, including options for easing the loan burden and improving project viability.
• Senior officials reviewed the project’s current financial structure, with emphasis on resolving pending funding issues and ensuring smooth execution of ongoing metro expansion plans.
• Both sides have indicated willingness to coordinate on a “balanced financing model,” aimed at reducing stress on project finances while keeping expansion timelines on track.
• The meeting also highlighted the need for stronger Centre–State collaboration to ensure infrastructure continuity and long-term sustainability of urban transport systems.Read more

26 Jun 2026

The Delhi government has approved a health scheme offering registered construction workers and their families cashless medical treatment cover of up to INR 10 lakh. The decision was taken at a cabinet meeting chaired by Chief Minister Rekha Gupta. Named the Delhi Building and Construction Workers Health Scheme, the initiative is expected to benefit around 2.70 lakh registered workers and cover close to 10 lakh people in total, including family members. The government has estimated an annual expenditure of approximately INR 200 crore on the scheme.Read more

Goa News Desk

26 Jun 2026

• The protest against the proposed housing project in Karapur, Goa, has entered its 78th day, with villagers continuing their opposition over environmental and regulatory concerns.
• Residents allege that the project threatens local water sources, biodiversity and the village's ecological balance.
• Protesters have organised marches, awareness campaigns and tree-planting drives while demanding a complete halt to the development.
• The movement has attracted support from environmental activists and public representatives, bringing wider attention to the issue.
• Villagers say they will continue the agitation until authorities address their concerns and review the project's approvals and environmental impact.Read more

26 Jun 2026

From high-speed rail corridors and international airports to metro expansions and railway upgrades, India is witnessing a period of sustained infrastructure development across multiple sectors. Several flagship projects have reported major construction milestones, received regulatory clearances or moved closer to operational readiness in recent months. Together, these developments reflect the scale of investment being directed towards improving mobility and connectivity across the country, while reshaping the physical networks that link cities, industries and regions.Read more

26 Jun 2026

The US House of Representatives has approved a bipartisan housing bill designed to increase the supply of affordable homes and improve access to housing finance, sending the legislation to President Donald Trump for final approval. The measure, which received strong support in both chambers of Congress, seeks to reduce barriers to housing development, streamline regulatory processes, and expand lending opportunities for lower-income buyers. Lawmakers from both parties have described the legislation as a rare example of bipartisan cooperation at a time when housing affordability remains a major concern for millions of Americans.Read more

26 Jun 2026

• Logistics major Delhivery has expanded its green mobility initiative by integrating 1,500 electric cargo vehicles into its last-mile delivery operations.
• The electric fleet has been developed in collaboration with Bajaj Auto, marking a push toward cleaner and more efficient urban logistics solutions.
• The move is aimed at reducing carbon emissions, lowering fuel dependency, and improving cost efficiency in high-frequency delivery routes.
• This expansion reflects a broader industry shift toward electrification in e-commerce logistics and sustainable supply chain practices in India.Read more

26 Jun 2026

• Gurugram’s Rapid Metro recorded around 81 lakh passenger journeys in just five months, signalling a sharp rise in daily dependency on the system.
• The network has witnessed steady double-digit growth in commuter traffic, reflecting stronger adoption of metro-based travel.
• Haryana’s metro operations turned financially positive, posting an operational surplus of about INR 9.1 crore in the same period.
• Improved connectivity, smoother interchanges, and rising road congestion are pushing more commuters toward rapid rail transit.Read more

26 Jun 2026

Haryana has introduced an upgraded Auto Mutation System and Paperless Registration 2.0, enabling property ownership records to be updated within 24 hours of registration without requiring separate mutation applications. The reform digitally integrates property registration with land records, reducing paperwork, manual intervention and transaction delays. Aimed at improving transparency, curbing fraud and strengthening ease of doing business, the initiative is expected to benefit homebuyers, developers, financial institutions and other stakeholders by ensuring faster, more accurate and secure property ownership transfers across the state.Read more

26 Jun 2026

London's stock markets saw support from real estate stocks as warehouse landlord Segro rejected a USD 16.6 billion takeover proposal from U.S.-based logistics real estate company Prologis. The move triggered a strong rally in property-related shares, with Segro emerging as the top performer on the FTSE 100. Gains across real estate investment trusts and developers helped lift the FTSE 250 index, while investors also monitored developments in UK politics and expectations around future interest rate decisions. Strong corporate updates from Liontrust, Berkeley Group and Primary Health Properties further supported market sentiment.Read more

26 Jun 2026

The Adani Group has announced plans to enter the nuclear energy sector through Adani Atomic Energy, targeting 10 GW of nuclear power capacity by 2035. Chairman Gautam Adani said land has already been identified for the venture as the conglomerate seeks to strengthen its position across India’s energy value chain. The announcement forms part of a broader infrastructure and energy expansion strategy that includes thermal, renewable, hydro, gas and transmission assets, alongside significant investments in ports, airports, data centres and logistics infrastructure.Read more

26 Jun 2026

The National Highways Authority of India has temporarily suspended concessionaire Shivalaya and independent engineer Feedback-Satra JV from future bidding, following the collapse of a 9.4-metre reinforced soil wall at Mylakkadu in Kollam district on 5 December 2025. The wall, part of the Kollam-Kadambattukonam project on NH-66, failed due to inadequate foundation soil strength. NHAI has issued show-cause notices proposing debarment of up to three years for the concessionaire and two years for the independent engineer, alongside monetary penalties, and ordered soil testing at 378 structures across 18 NH-66 projects in Kerala.Read more

26 Jun 2026

• Central Railway has completed the launch of a 500-tonne steel girder for the reconstruction of the Sion Road Over Bridge.
• The operation marks a critical stage in the CSMT–Kurla fifth and sixth line expansion project aimed at increasing suburban rail capacity.
• The heavy engineering exercise was carried out during a restricted night block between Matunga and Kurla stations.Read more

26 Jun 2026

• Senior living demand in India is increasingly shifting from traditional retirement and care homes to active ageing communities focused on lifestyle, wellness and independence.
• Experts say today's seniors are healthier, financially independent and looking for social engagement, recreation and better quality of life.
• Developers are responding by creating integrated communities with healthcare access, fitness facilities and community-driven amenities.
• Urban locations are emerging as a preferred choice as seniors want to stay connected to family, healthcare services and city infrastructure.
• The growing elderly population and changing family structures are expected to support long-term growth in the senior living housing segment.Read more

26 Jun 2026

The Goa Industrial Development Corporation (GIDC) is drafting new building bylaws for industrial estates to improve land utilisation and increase industrial development capacity. The proposed framework will review planning norms such as floor space utilisation, setbacks and construction regulations to enable more efficient use of existing industrial land. The initiative follows recommendations to liberalise industrial building norms and complements ongoing infrastructure upgrades and policy reforms aimed at strengthening Goa’s industrial estates and manufacturing ecosystem.Read more

26 Jun 2026

The US Supreme Court has ruled in favour of ExxonMobil in a long-running dispute over assets seized by Cuba following the 1959 revolution, making it easier for American companies to seek compensation under the Helms-Burton Act. The court held that Cuban state-owned entities cannot rely on sovereign immunity protections in such cases. The decision removes a major legal hurdle in Exxon's claim, now valued at more than USD 1 billion, and could influence several other lawsuits filed by US companies seeking compensation for property confiscated by the Cuban government decades ago.Read more

Mumbai News Desk

26 Jun 2026

The Slum Rehabilitation Authority (SRA) has proposed cluster redevelopment of three large slum pockets in Mumbai Antop Hill-Wadala, Majaswadi and Behrampada covering hundreds of acres. The initiative aims to enable integrated planning, improve infrastructure and accelerate rehabilitation by bringing fragmented settlements under unified redevelopment schemes. The Antop Hill-Wadala cluster alone spans around 450 acres. Authorities believe the approach will help unlock land potential, provide better housing and create planned urban spaces in some of Mumbai’s most densely populated areas.Read more

Mumbai News Desk

26 Jun 2026

• The BMC is moving ahead with a revised amnesty proposal aimed at providing relief to buildings constructed before November 2016 that lack occupancy certificates.
• The scheme seeks to address long-standing issues faced by residents, including difficulties related to property taxation, utility connections and redevelopment processes.
• State authorities have backed a more practical framework that could allow eligible buildings to regularise certain compliances without undergoing lengthy legal disputes.
• If approved, the initiative could benefit thousands of homeowners across Mumbai living in structures that remain occupied despite pending occupancy certification.Read more

Delhi News Desk

26 Jun 2026

Construction of the final deck slab on Delhi's Barapullah Phase-III elevated corridor was completed this week, physically joining both ends of the structure across the Yamuna River. The project, approved in 2014 and originally due in 2017, was held up for nearly a decade by land acquisition disputes, environmental clearances and forest department approvals, with its cost revised to around INR 1,635 crore. Once finished, the corridor is intended to give East Delhi a signal-free route towards South Delhi via Sarai Kale Khan. Authorities have indicated a target opening date of 30 June 2026.Read more

26 Jun 2026

The Gujarat High Court has ruled that municipal authorities cannot cancel property regularisation orders after they have been granted under the Gujarat Regularisation of Unauthorised Development Act (GRUDA). The court held that civic bodies lack the power to review or revoke such approvals once issued. The judgment came while quashing an Ahmedabad Municipal Corporation order that had withdrawn an earlier regularisation granted to unauthorised construction in a commercial building, reinforcing legal certainty for property owners.Read more

26 Jun 2026

Schroder European Real Estate Investment Trust (REIT) has proposed a managed wind-down of its business and a phased return of capital to shareholders after reporting a decline in net asset value (NAV) and lower earnings for the first half of the year. The company said unrealised losses from property revaluations affected its portfolio value despite maintaining high occupancy levels and strong rent collection. Lease extensions at key assets supported valuations in some markets, while tenant departures at certain properties impacted income and asset values. Subject to shareholder approval, the wind-down process is expected to take two to three years.Read more

26 Jun 2026

Bihar's rural works department (RWD) has said that more than 3,032 km of rural roads across seven flood-prone districts in north Bihar have been strengthened and surface-renewed ahead of the monsoon. The claim follows flooding in the Mechi river that affected Thakurganj block in Kishanganj district last week, triggered by heavy rainfall in Nepal, which also marginally raised water levels in the Kosi and Gandak rivers. The upgraded districts include Madhubani, West Champaran, East Champaran, Supaul, Purnia, Araria and Kishanganj, all located in Bihar's border and Seemanchal regions.Read more

26 Jun 2026

UK homebuilder Berkeley Group has called for changes to tax and regulatory policies after reporting a 15% decline in annual pre-tax profit. The company said ongoing economic uncertainty, higher borrowing costs and planning-related challenges are affecting housing delivery, particularly in London, where supply remains significantly below demand. Berkeley maintained its long-term profit outlook despite market pressures and political uncertainty in the UK. The developer also urged policymakers to reduce barriers that delay housing projects and reconsider stamp duty levels to support demand, investment and housing construction across the country.Read more

26 Jun 2026

The Madras High Court has struck down Section 34-C of the Registration Act introduced by the Tamil Nadu government, holding that registration authorities cannot decide issues relating to property title or refuse registrations on that basis. The court observed that title disputes fall within the jurisdiction of civil courts and directed the registration department to improve encumbrance records. The ruling is expected to bring greater clarity to property transactions and limit the role of registrars to administrative functions.Read more

Hyderabad News Desk

26 Jun 2026

Telangana CM A. Revanth Reddy met Railway Minister Ashwini Vaishnaw in New Delhi to discuss funding and execution of Hyderabad Metro Phase-2. Union Minister G. Kishan Reddy and officials reviewed financing structures, Centre-state coordination, and overall project viability. Talks also included SBICAPS advisory participation, faster approvals, and measures to reduce procedural delays. Further discussions at Manohar Lal Khattar’s residence highlighted progress on funding and takeover-related issues. The deliberations also stressed aligning Phase-2 expansion with Hyderabad’s long-term urban mobility and infrastructure development goals and ensuring timely execution.Read more

26 Jun 2026

Grasim Industries has completed its INR 2,880-crore investment in Aditya Birla Capital through a preferential allotment of equity shares, slightly increasing its stake in the financial services arm. The capital infusion forms part of Aditya Birla Capital’s INR 4,000-crore fundraise aimed at strengthening its balance sheet and supporting future growth. International Finance Corporation (IFC) and group entity Suryaja Investment also participated in the issue, which will be used to augment capital and expand lending operations.Read more

26 Jun 2026

• Adani Group plans to invest between INR 90,000 crore and INR 1 lakh crore in its airport business over the next five years.
• The announcement coincides with the launch of scheduled commercial flight operations at Mundra Airport in Gujarat.
• Investments will focus on capacity expansion, terminal infrastructure, technology upgrades and the development of airport-linked ecosystems.
• The move reflects growing confidence in India's long-term aviation demand and airport infrastructure sector.Read more

Ahmedabad News Desk

26 Jun 2026

• An Ahmedabad court has denied bail to the owner of Popular Builders in connection with an ongoing land fraud and forgery case.
• The case involves allegations of irregular land transactions and financial misrepresentation linked to a disputed 1996 land deal.
• The accused, identified as Raman Patel in reports, remains under judicial scrutiny as proceedings in the case continue.
• The ruling reinforces a strict judicial stance on real estate-related fraud cases in Gujarat amid multiple pending appeals.Read more