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Adani’s little-known infra arm amasses ₹50,000-cr orderbook, eyes acquisitions
Currently, the promoter-owned private company works with several leading engineering, procurement and construction (EPC) firms as a project management consultant (PMC) to manage projects across Adani Group companies.
Assam CM, Railway Minister discuss major railway expansion projects
Assam Chief Minister Himanta Biswa Sarma met Union Railway Minister Ashwini Vaishnaw. They discussed speeding up railway infrastructure growth in Assam. This includes expanding over 1,300 km of tracks and redeveloping more than 50 stations. The aim is to improve connectivity and passenger amenities. These efforts will boost regional development and integrate Assam with the national railway network.
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposure
The Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with real estate projects to be reviewed. The court also wants an investigation into developers accused of misusing homebuyers' money. Several authorities and builders have been issued notices.
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposure
The Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with real estate projects to be reviewed. The court also wants an investigation into developers accused of misusing homebuyers' money. Several authorities and builders have been issued notices.
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projects
The Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms. This follows a plea alleging diversion of thousands of crores collected from homebuyers in Noida and Yamuna Expressway projects. Advocate Prashant Bhushan highlighted a pattern of developers diverting funds and pushing projects into insolvency.
L&T wins orders from JSW Utkal Steel, IWAI, others
Larsen & Toubro has won several new contracts in India. These include piling work for JSW Utkal Steel in Paradeep, Odisha. L&T GeoStructure will also build ship repair facilities in Patna and Varanasi for the Inland Waterways Authority of India. Additionally, a yacht marina project at Mumbai Harbour has been awarded. These projects highlight L&T's expanding role in infrastructure development.
India’s office market faces widening funding gap as deployable capital trails demand
India's commercial real estate sector sees strong demand but faces a capital shortage for new projects. Available funds can only support a fraction of future office and warehousing needs. This gap presents a significant opportunity for investors. Experts suggest increased participation from domestic pension funds and insurers, along with simplified foreign investor taxation, can boost capital flows.
Surya Roshni Ltd leads gainers in 'A' group
Adani Total Gas Ltd, Maharashtra Scooters Ltd, Cemindia Projects Ltd and Afcons Infrastructure Ltd are among the other gainers in the BSE's 'A' group today, 26 May 2026.
IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancing
IRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund more metro projects. The company plans to raise Rs 70,000 crore this financial year. This move signals significant growth for metro infrastructure financing in India.
Kalpataru expects Rs 1,250 crore revenue from new cluster redevelopment project in Mumbai
Realty firm Kalpataru Ltd anticipates a revenue of Rs 1,250 crore from a significant cluster redevelopment project in Ashok Nagar, Kandivali East, Mumbai. This project involves five adjacent societies and spans 2.8 acres. The company views redevelopment as a way to revitalise communities. Kalpataru Ltd is a major real estate developer with numerous completed and ongoing projects across India.
Delayed solar projects may get limited relief ahead of June 1 sourcing deadline
The government is currently considering measures to ease the burden on solar initiatives delayed by unforeseen circumstances. While a total lift on the local sourcing regulations for solar cells is not anticipated, talks are active regarding potential extensions for projects grappling with transmission network setbacks. Should an exemption be approved, it is expected to be short-term.
Traffic at Delhi Airport unaffected by Iran war, GMR bets on long-term aviation growth
Indira Gandhi International Airport anticipates strong future growth in Indian aviation. Operator GMR Airports remains bullish on the economy despite a short-term traffic dip from the Iran conflict. Infrastructure expansion is planned. New projects include an automated people mover system. Cargo expansion is also underway. Competition from Noida International Airport is expected to have minimal impact.