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15 minutes ago
GMR Airports plans to invest INR 19,400 crore over the next five to seven years to expand infrastructure at Delhi and Hyderabad airports as it prepares for rising passenger demand. Hyderabad will receive the larger share of investment to significantly increase its annual passenger-handling capacity, while Delhi will undergo further infrastructure upgrades and capacity enhancement. The investment will be funded through a mix of debt and equity at the airport level, reflecting the company’s strategy of strengthening its airport business amid India’s growing aviation market.Read more
45 minutes ago
Supreme Universal will invest around INR1,500 crore to develop Supreme Rivana, a residential project in Punawale, Pune, with a development potential of over 3 million sq ft. The 12.6-acre project, being developed under a joint development agreement (JDA) with a landowner, will comprise more than 2,200 apartments across multiple phases. The project will offer 2BHK, 3BHK and 4BHK homes, targeting the mid-to-premium housing segment in West Pune, with the investment covering construction costs.Read more
1 hour ago
The Nashik Municipal Corporation (NMC) has spent close to INR 370 crore on repairing potholes and damaged roads across Nashik city over the past four financial years, civic officials told the general body. Expenditure in the current fiscal could touch INR 200 crore. The figures, disclosed by city engineer Sanjay Agrawal in response to corporators' queries, drew criticism from members who alleged the administration had failed to carry out timely pre-monsoon repairs, resulting in poor road conditions across the city this year.Read more
1 hour ago
The Real Estate (Regulation and Development) Act, 2016 (RERA) changed the relationship between homebuyers and developers by introducing greater transparency, accountability and regulatory oversight. For buyers, the law provides several protections covering project registration, payments, carpet-area disclosures, construction delays, structural defects and changes to sanctioned plans. These provisions can also strengthen a buyer's position while evaluating a project and negotiating with a developer. However, the exact remedies, interest rates and procedures can vary depending on the applicable state RERA rules and the specific facts of a case.Read more
1 hour ago
Two early 20th-century Parsi-owned bungalows on Perry Cross Road in Bandra West, Mumbai, are set to be redeveloped into luxury residential towers by Supreme Universal. The properties, Gladhurst and Kavas Lodge, form part of the Wavelash and Sunbeam housing societies on a one-acre site near Carter Road. The proposed development is expected to comprise two towers, with residences featuring private terraces and views towards the sea. The project has an estimated sales potential of about INR 1,500 crore, adding another major redevelopment to Bandra's rapidly changing luxury housing landscape.Read more
2 hours ago
Brahmaputra Infrastructure Ltd has formally signed a five-year Performance Based Maintenance Contract with the Ministry of Road Transport and Highways for the operation and maintenance of an 87.18-km stretch of NH-502A in southern Mizoram, valued at INR 70.18 crore. The corridor runs towards Lawngtlai near the India-Myanmar border, and the contract, executed through the PWD Highway division in Aizawl, covers routine operations and monsoon-related maintenance over a 60-month tenure.Read more
2 hours ago
India’s Infrastructure Investment Trust (InvIT) sector recorded strong growth in the first quarter of FY27, with assets under management (AUM) rising to INR 7.3 lakh crore by June 2026. The sector also saw a sharp increase in investor participation, while distributions to unitholders grew year-on-year. The rise reflects growing interest in infrastructure-linked investment vehicles that provide access to operational assets and periodic cash flows. With InvITs spanning roads, power, telecom, pipelines and renewable energy, the expanding market is also strengthening their role in infrastructure financing and capital recycling.Read more
2 hours ago
Punjab has completed 17,000 houses under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G), disbursing financial assistance of INR 478.45 crore, out of 36,792 houses sanctioned in the state since 2024-25. Construction of the remaining 19,792 units is under way across the state, Rural Development and Panchayats Minister Tarunpreet Singh Sond said. The state has also received a separate INR 360 crore package for reconstructing and repairing homes damaged in recent floods, targeting around 30,000 affected houses, of which 28,020 have already been sanctioned.Read more
3 hours ago
Poly Property Group Co Ltd said its unit Poly Shandong has entered into a project management services agreement with China Crafts. Under the agreement, Poly Shandong will provide project management services for RMB 12.67 million. The agreement was entered into on Tuesday, with the subsidiary taking responsibility for the agreed project management work. The latest arrangement adds to Poly Property Group’s project-related activities through its Shandong unit as the company continues to operate across the property sector.Read more
3 hours ago
Andhra Pradesh's Municipal Administration and Urban Development Minister P. Narayana said the state has already initiated urban infrastructure works worth over INR 20,000 crore and is preparing an additional project pipeline valued at INR 14,400 crore under the central government's Urban Challenge Fund (UCF). Speaking at a UCF workshop for municipal commissioners in Vijayawada, Narayana said Andhra Pradesh has been allocated INR 3,600 crore in grant assistance under the scheme, with the state eligible to mobilise a further INR 10,800 crore through institutional borrowings and other funding sources.Read more
4 hours ago
The Central Bureau of Investigation (CBI) has filed its 18th chargesheet in a large-scale homebuyers fraud case involving MKHS Housing LLP, Indiabulls entities, their directors and officials of financial institutions. The case relates to alleged fraudulent activities connected with a housing project in Rajarhat, in West Bengal’s North 24 Parganas district. The agency has alleged that the accused, in conspiracy with officials of a non-banking financial company, induced homebuyers and investors through false assurances and fraudulent representations and obtained financial benefits through deceptive means. The CBI is also investigating 31 other cases linked to alleged homebuyer cheating and diversion of funds.Read more
4 hours ago
Ongoing construction work linked to the Barapullah Phase-III elevated corridor is expected to slow traffic movement on NH-9 towards Sarai Kale Khan in Delhi, as finishing works continue on the project connecting the area to Mayur Vihar. The corridor, aimed at providing signal-free connectivity between East and South Delhi via AIIMS, has a revised cost of INR 1,635.03 crore and had been targeted for completion by June 2026, following delays stretching back nearly a decade.Read more
5 hours ago
Haryana has signed memorandums of understanding worth INR 66,000 crore with companies during the state government’s Happening Haryana 2.0 international outreach campaign in Mumbai. Chief Minister Nayab Singh Saini said the state is focusing on faster project execution, policy certainty, connectivity and industry-friendly measures to attract investment. He highlighted Haryana’s contribution of around 3.6% to India’s economy despite accounting for about 1.3% of the country’s geographical area. The state is also planning region-specific industrial growth, with different districts being developed around sectors such as automobiles, IT, food processing, logistics, electronics and renewable energy.Read more
5 hours ago
The Allahabad High Court has pulled up the Uttar Pradesh Awas Evam Vikas Parishad for delaying compliance with an order of the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) and issuing a cheque for less than the amount specified in a recovery certificate. The court questioned how the housing agency could make its own calculation when a statutory authority had already determined the recoverable amount. The matter relates to a complaint filed by Ashok Kumar Singh, who had secured a favourable UP RERA order. The court has sought an explanation from the Housing Commissioner.Read more
6 hours ago
Luxembourg-based Innovation Platform Capital (iPC) has proposed an INR 83,480 crore investment in Karnataka in three phases, covering digital infrastructure, green hydrogen and renewable energy. The proposal includes an integrated Bengaluru-Tumakuru platform with 2,250 MW of total IT load for hyperscale data centres and 1,000 MW of green hydrogen capacity. The first phase involves an INR 17,114 crore investment and includes 400 MW of data-centre capacity and a 500 MW green hydrogen and power complex. The company has sought 1,000 acres of land and plans to rely mainly on treated industrial or CETP effluent for water requirements.Read more
6 hours ago
Residents of Azossim-Mandur in Goa raised concerns over development proposed on environmentally sensitive land, tenancy-related issues and the condition of local roads at a recent gram sabha. Members questioned the ecological implications and water requirements of a large project on Azossim hill and sought greater scrutiny of construction activity in the area. The meeting also discussed alleged unauthorised construction on Mandur hill, the proposed road through a green area and the functioning of the local biodiversity management committee. The panchayat assured residents that several matters would be examined.Read more
7 hours ago
The Supreme Court has held that mutation entries in revenue records cannot by themselves create or extinguish ownership rights in a property. In a recent judgment involving an agricultural land dispute in Madhya Pradesh, a bench of Justices Sanjay Karol and Augustine George Masih said revenue entries are primarily maintained for fiscal purposes and cannot substitute for evidence of title. The court also held that a High Court cannot ordinarily overturn concurrent factual findings in a second appeal unless there is a substantial legal error. The ruling reinforces the limited role of mutation records in property disputes.Read more
7 hours ago
Renewable energy engineering, procurement, and construction (EPC) company Kshema Power has secured a contract from an undisclosed independent power producer to develop transmission infrastructure for a 315-megawatt wind power project in Karnataka. Announced on Tuesday, 25 August 2026, the contract covers civil works, equipment procurement, and commissioning of high-voltage transmission lines and unit substations. The initiative strengthens Kshema Power's portfolio in managing large-scale power evacuation networks for utility-scale green energy developments. Globally, the company has completed over 5.2 gigawatts of renewable infrastructure projects to date.Read more
8 hours ago
The Ranchi Municipal Corporation (RMC) has intensified enforcement of rainwater harvesting requirements, directing owners of eligible properties to install functional systems and restore existing structures where necessary. The civic body is focusing on properties covered by the city's applicable building and water-conservation rules, with inspections planned to assess compliance. The initiative is aimed at improving groundwater recharge and reducing dependence on conventional water sources. Property owners who fail to meet the requirements could face penalties or other municipal action, making rainwater management an increasingly important compliance issue for residential and commercial properties in Ranchi.Read more
8 hours ago
Sri Lankan shares closed lower in the latest session as losses in energy and real estate stocks outweighed gains in IT stocks. The CSE All-Share index declined 0.34% to 21,344.77. SMB Finance PLC and Eastern Merchants PLC were the biggest percentage losers on the index, falling 33.3% and 7.6%, respectively. Trading volume increased to 67.1 million shares from 50.3 million in the previous session. Market turnover also rose sharply to 16.85 billion Sri Lankan rupees, while foreign investors remained net sellers and domestic investors were net buyers.Read more
9 hours ago
Bihar Deputy Chief Minister Samrat Choudhary has announced approval for a 126-km Marine Drive along the Ganga, starting from Koilwar on the Son river, at an estimated investment of INR 70,000 crore. The state government will contribute INR 20,000 crore, with private entities expected to invest the remaining INR 50,000 crore. The project builds on Patna's existing 21-km Marine Drive, or J P Ganga Path, completed in 2025, and follows an earlier set of three riverfront corridors sanctioned along the Ganga at a combined cost of INR 17,000 crore.Read more
9 hours ago
The Income Tax Department has reminded taxpayers earning business or professional income and not covered by tax audit requirements to file their income tax returns for assessment year 2026-27 by August 31. More than 2 crore ITR-3 and ITR-4 forms had been filed on the e-filing portal by August 20, taking the total number of returns filed for AY 2026-27 to more than 6.5 crore. Over 5.9 crore ITR-1 and ITR-2 forms were filed by the earlier July 31 deadline. Taxpayers in the non-audit category can use the applicable ITR form based on their income and entity type.Read more
10 hours ago
The Khurja-Jewar road, a critical link connecting Noida International Airport with Khurja, Sikandrabad, Hapur and Aligarh in western Uttar Pradesh, is set for a facelift at an estimated cost of INR 41 crore. The 34-km stretch, officially designated Major District Road (MDR-70), is being widened from seven metres to ten metres to handle rising traffic since the airport's opening, addressing longstanding complaints of potholes and waterlogging along the corridor.Read more
10 hours ago
The Airports Authority of India (AAI) has submitted a proposal to the Union Finance Ministry's Public Investment Board seeking approval for a new Terminal 3 at Biju Patnaik International Airport, Bhubaneswar, estimated to cost more than INR 1,200 crore. The integrated terminal, planned across 65,000 square metres, would raise the airport's annual passenger capacity to 8.6 million. Separately, amid opposition allegations that the airport is being lined up for privatisation and leasing to a private entity, the Odisha government has said it has received no formal communication from the Centre on the matter.Read more
11 hours ago
Suzlon Group plans to invest INR 10,000 crore in Andhra Pradesh as part of its expansion in the state, including the development of 1,325 MW of new wind projects in Anantapur district. The projects are expected to generate around 4,000 direct and indirect jobs, while the company is targeting 5 GW of additional renewable energy capacity in Andhra Pradesh by 2030. Suzlon already has more than 1,700 MW of installed wind capacity in the state and has invested around INR 12,000 crore there since beginning operations in 2004.Read more
11 hours ago
Global semiconductor manufacturer Infineon Technologies AG has entered into a definitive agreement to acquire C2i Semiconductors, a technology enterprise headquartered in Bengaluru, India. The transaction, announced in late August 2026, focuses on integrating software-defined multiphase controllers and smart power stages into Infineon's existing semiconductor operations. The deal enhances Infineon's research and development presence in India, where it currently maintains a workforce of approximately 2,800 employees. Subject to regulatory approvals and customary closing requirements, the transaction is expected to complete in the third quarter of the 2026 calendar year.Read more
12 hours ago
The Department of Town and Country Planning (DTCP) has intensified its enforcement drive against building and land-use violations in Gurugram, issuing around 1,300 fresh notices and more than 600 restoration orders. The action covers properties where authorities have identified deviations from approved building plans, unauthorised construction or use of residential premises for commercial purposes. The latest measures follow earlier surveys and court-directed proceedings in several residential areas. Property owners facing action are being required to address identified violations, with continued non-compliance potentially leading to stricter enforcement measures, including sealing.Read more
12 hours ago
E-commerce company Meesho reported that its tax disputes more than tripled to INR 2,071.8 crore in FY26, according to its annual report. The disputes include a fresh income tax demand of INR 1,499.74 crore for assessment year 2023-24, in addition to a demand of more than INR 572 crore raised in the previous fiscal year. Meesho has challenged the assessments through rectification requests and appeals. Despite the tax matters, the company reported strong operational growth in FY26, with its user base rising 33% to 26.4 crore and consolidated revenue increasing to INR 12,626 crore.Read more
13 hours ago
More than 800 buildings have been identified as unauthorised across the Cyberabad Municipal Corporation (CMC) area following a citywide inspection drive launched after the Gachibowli building collapse. The Kukatpally zone accounts for the largest share of the structures flagged by officials, while other zones have also reported significant violations. Authorities are examining buildings constructed without required permissions or in breach of sanctioned plans, with demolition action initiated against several under-construction structures. The exercise has intensified scrutiny of building approvals and construction practices across the rapidly developing western parts of Hyderabad.Read more
26 Aug 2026
The Supreme Court has imposed an interim ban on construction and development activities within 100 metres of the edge of Rajasthan’s Jojari river, citing serious ecological degradation of the Jojari-Bandi-Luni river system. The court has also prohibited hazardous industries and activities capable of causing pollution or contamination within 500 metres of either side of the existing flood line, or the river’s present flow path where the flood line has not been identified. The restrictions will remain until the high flood line and ecological buffer zones are scientifically determined and demarcated.Read more
26 Aug 2026
Tamil Nadu has decided to drop the proposed INR 27,400-crore greenfield airport at Parandur near Chennai and will explore an alternative location for the city's second airport. The decision follows prolonged concerns over the project's impact on agricultural land, water bodies and settlements in and around the proposed site. The state continues to face the need for additional aviation capacity as Chennai's passenger and cargo traffic grows, making the search for another location an important part of its long-term infrastructure planning.Read more
26 Aug 2026
The Mumbai Cricket Association (MCA) has sought permission from the Brihanmumbai Municipal Corporation (BMC) to undertake the development and maintenance of the cricket ground at Shivaji Park in Dadar. The association has proposed carrying out the work at its own cost, citing the ground's importance to Mumbai's cricketing heritage and the need for systematic upkeep. The proposal is under consideration by the civic authorities and could address concerns related to dust, water management and the condition of the playing surface.Read more
26 Aug 2026
Global logistics company FedEx has announced an investment of approximately USD 150 million to develop an integrated air cargo hub at GMR Cargo City, Indira Gandhi International Airport, New Delhi. The facility, spread across around 230,000 square feet, will bring international gateway and pickup-and-delivery operations under one roof and is expected to raise processing capacity from 600 to 5,000 packages per hour. The groundbreaking ceremony was attended by Union Civil Aviation Minister Shri K Rammohan Naidu.Read more
26 Aug 2026
Zillow has reached a settlement with the US Federal Trade Commission and five states over allegations that it paid Redfin USD 100 million to stop competing in apartment rental listings. The authorities had alleged that the agreement reduced competition, increased advertising costs for landlords and affected listing quality for renters. Under the settlement, Redfin will be allowed to continue displaying Zillow advertisements while rebuilding its own rental advertising business within six months. The case was part of a broader focus by US antitrust authorities on competition in the housing sector and rising living costs.Read more
26 Aug 2026
Inorbit Malls has completed the acquisition of two shopping mall assets from Prozone Realty Ltd for INR 1,242.5 crore as part of its expansion plans. The malls are located in Chhatrapati Sambhaji Nagar, formerly Aurangabad, and Coimbatore. With the completion of the transaction, Inorbit Malls has doubled its asset base from four to eight within a year, while its total gross leasing area has crossed 5 million square feet. Prozone Realty has also confirmed the completion of the sale and transfer of its equity shareholdings in the two mall assets to Inorbit Malls (India) Pvt Ltd.Read more
26 Aug 2026
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that merely purchasing a residential property jointly with a spouse does not automatically restrict the Section 54 capital gains tax exemption to 50% for each co-owner. The tribunal held that the availability of the exemption should be considered in the context of the actual investment and contribution towards the new property, rather than applying an automatic equal division based solely on joint ownership. The ruling addresses the tax treatment of jointly purchased residential property and provides clarity where one spouse has contributed substantially more towards the purchase. The decision is relevant to property owners seeking to claim capital gains relief after selling an earlier residential asset and reinvesting the proceeds in a new home.Read more
26 Aug 2026
State-owned NBCC (India) Ltd has sold 111 residential units at Aspire Silicon City in Noida through an e-auction for around INR 416.53 crore. The company, which operates in project management consultancy and real estate, will receive a 1% marketing fee on the sale value. The auction is part of NBCC’s wider role in completing stalled Amrapali projects under a Supreme Court-directed framework. NBCC has been tasked with completing around 38,000 flats for homebuyers and is also developing more than 10,000 additional apartments across five Amrapali projects in Greater Noida.Read more
26 Aug 2026
The government plans to award 11 Airports Authority of India airports to private players under the public-private partnership model, grouping them into five bundles. The proposed airports include Varanasi, Tirupati, Amritsar, Bhubaneswar and Raipur, along with six smaller airports. The Public Private Partnership Appraisal Committee has given in-principle approval to the proposal, under which each bundle will be awarded to a single concessionaire for 50 years. The total investment by private operators is estimated at INR 8,622 crore. The government has also proposed measures to protect the interests of existing AAI employees during the transition.Read more
26 Aug 2026
Australian residential property developer Bathla Group has appointed external administrators to restructure the business as it faces weaker sales, higher construction costs and changes to federal tax policy. Teneo has been appointed to oversee the restructuring, with the company seeking to maintain housing supply in Sydney and other markets. Bathla had liabilities of AUD3.2 billion as of June 2025 and employs 226 people. The developer’s move comes amid a weaker Australian housing market, with property sales and volumes declining through 2026. The company was established in 1997 and operates across New South Wales, South Australia and Victoria.Read more
26 Aug 2026
The Insolvency and Bankruptcy Board of India (IBBI) has taken action against two key officials overseeing the insolvency process of Revital Reality Pvt Ltd, the developer behind the delayed Supertech Basera affordable housing project in Gurugram’s Sector 79/79B. In separate orders issued on August 20, the regulator suspended resolution professional (RP) Gaurav Katiyar’s registration for two years and cancelled the registration of authorised representative (AR) Deepak Kumar Goyal, who represented homebuyers in the Committee of Creditors (CoC). Both orders will come into effect after 30 days.Read more
26 Aug 2026
The Maharashtra State Road Development Corporation (MSRDC) has completed the bulk of the eight-laning work on the 23.8-kilometre Thane-Vadape stretch of the Mumbai-Nashik Highway, with major civil works targeted for completion by August 2026. Once fully operational, the upgraded corridor is expected to cut travel time on the stretch from the current 90 to 120 minutes down to around 30 to 40 minutes. The INR 1,182 crore project, being executed under the Hybrid Annuity Model, includes the construction of three major bridges and ten vehicular underpasses, with the railway overbridge, the sole remaining major structure, targeted for completion by September 2026.Read more
26 Aug 2026
Indian Hotels Company Ltd (IHCL), part of the Tata Group, has approved the merger of Oriental Hotels Ltd (OHL) through an all-stock transaction aimed at consolidating its hospitality business. The boards of both companies have cleared the Scheme of Arrangement, under which OHL shareholders will receive 25 IHCL shares for every 117 OHL shares. The merger is expected to be completed in the second half of FY2028, subject to regulatory and shareholder approvals, and is intended to simplify the group's ownership structure and strengthen operational integration.Read more
26 Aug 2026
India’s All India House Price Index (HPI) rose 1.1% quarter-on-quarter during the April-June quarter of FY27, supported mainly by higher house prices in Chandigarh, Lucknow and Thiruvananthapuram, according to Reserve Bank of India (RBI) data. On a year-on-year basis, the index increased 3.6% in the first quarter of FY27, matching the growth recorded in the same quarter a year earlier. Chandigarh, Jaipur, Kanpur, Lucknow and Thiruvananthapuram were among the cities that contributed most to the annual increase. The RBI compiles the index every quarter using transaction-level data from registration authorities.Read more
26 Aug 2026
The Brihanmumbai Municipal Corporation (BMC) has started demolition of alleged unauthorised alterations and encroachments in flats at Rustomjee Crown, a luxury residential project in Prabhadevi. The action follows complaints alleging that residents had enclosed common areas around lifts and incorporated them into their apartments, along with other changes that were not part of the sanctioned building plan. The civic body had issued notices to more than 100 flats and has now begun enforcement action after following the required legal process. The demolition drive is expected to continue over the coming days.Read more
26 Aug 2026
Puravankara Limited has entered into a joint development agreement for a 7.83-acre land parcel in South-East Bengaluru, carrying an estimated Gross Development Value of INR 1,100 crore. The project will have a saleable area of approximately 0.89 million square feet and will be developed as a residential community. This marks the company's fifth land transaction in Bengaluru for FY27. Managing Director Ashish Puravankara said the deal reflects the company's disciplined, capital-light approach to expanding its development pipeline in markets with consistent end-user demand.Read more
26 Aug 2026
Homebuyers of OSB Golf Heights in Gurugram's Sector 69 have protested over prolonged construction delays, alleging that only around 10% of the project has been completed even after eight years. Buyers have sought intervention from authorities, citing continued uncertainty over possession and the status of their investments. The project is an affordable housing development registered with Haryana RERA, where regulatory proceedings have also been recorded. The dispute highlights continuing concerns over stalled housing projects in Gurugram and the difficulties faced by buyers awaiting completion despite years of financial commitments.Read more
26 Aug 2026
Sebi has decided to introduce an IT Resilience Index (ITRI) to assess the performance and resilience of information technology systems used by market infrastructure institutions (MIIs), including stock exchanges, depositories and clearing corporations. The framework will use nine parameters with defined weightages to enable consistent assessment across MIIs. It will also include an Early Warning System to identify emerging weaknesses that could result in system performance issues or disruptions. MIIs will operationalise the framework, including real-time service monitoring, by February 2027, with the first index calculation covering the half-year ended March 2027.Read more
26 Aug 2026
Renewable energy developers may exercise penalty-free exit options from several plain solar and high-tariff hybrid projects that are struggling to secure power purchase agreements (PPAs), Ministry of New and Renewable Energy (MNRE) Secretary Santosh Kumar Sarangi said at the BloombergNEF Summit in New Delhi. Renewable Energy Implementing Agencies (REIAs) have been asked to explore ways of getting distribution companies (DISCOMs) to procure power from stalled projects, including by modifying their project profiles within discovered tariffs. Around 42 GW of renewable energy capacity is currently without PPAs, according to Sarangi.Read more
26 Aug 2026
The Belagavi chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged the Belagavi City Corporation (BCC) to expedite the renewal and activation of registered engineers’ licences on Karnataka’s Nirman-2 portal. Several licensed engineers are currently unable to submit or process building permission applications because their licences have not been renewed or activated on the digital platform. CREDAI said the issue is affecting builders, engineers and citizens awaiting approvals. The association has specifically sought faster action for applications involving alterations and additions, as well as Ground Plus Four (G+4) building permissions. The issue has raised concerns over delays in the construction approval process and the delivery of related civic services in Belagavi.Read more
26 Aug 2026
India’s production of critical structures for the C-130J Super Hercules is strengthening the country’s defence manufacturing partnership with the US, according to US Ambassador Sergio Gor. During a visit to the Tata-Lockheed Martin Aerostructures facility in Hyderabad, Gor highlighted the joint venture’s role in supporting aerospace manufacturing and supply chains. Established in 2010, the facility is the global source of C-130J empennage assemblies for new aircraft produced in the US. The joint venture is now looking to participate in India’s requirement for around 80 Medium Transport Aircraft under a multi-billion-dollar procurement programme.Read more