14 hours ago

Rajasthan is facing a major transmission bottleneck, with around 60 GW of renewable energy projects awaiting grid connectivity. The issue highlights a gap between rapid solar and wind capacity expansion and the development of transmission infrastructure. While the state has strong renewable potential and high project interest, grid systems have been planned for only part of the capacity. The regulator has asked developers to be informed of delays, allowing them to reconsider investments. The situation underscores challenges in India's clean energy push, with infrastructure constraints likely to impact project timelines and future investment decisions in the sector.Read more

13 Apr 2026

The National Company Law Appellate Tribunal (NCLAT) has adjourned the hearing on Vedanta Ltd's challenge to Adani Enterprises INR 14,535 crore bid for Jaiprakash Associates Ltd (JAL), due to a change in bench composition. Vedanta has filed appeals against the NCLT's approval of the resolution plan under the Insolvency and Bankruptcy Code. Earlier, both the NCLAT and the Supreme Court declined to stay the process, though the outcome remains subject to final rulings. The Supreme Court also directed that key decisions by the monitoring committee require tribunal approval. The case is closely watched given JAL's significant role in India's real estate and infrastructure sectors.Read more

13 Apr 2026

Union Minister for Road Transport and Highways Nitin Gadkari has indicated that the government may require complete land acquisition before granting approval to new national highway projects, tightening existing norms. Speaking at an industry event in New Delhi, he highlighted persistent challenges related to land acquisition and environmental clearances that delay project execution. The ministry currently mandates 90 per cent land readiness before project commencement but is now considering raising this threshold to 100 per cent. Gadkari also pointed to highway assets worth INR 15 lakh crore available for monetisation and flagged concerns over the quality of detailed project reports, suggesting greater accountability and expertise in project planning.Read more

13 Apr 2026

The National Company Law Appellate Tribunal has ruled that insolvency proceedings initiated by homebuyers against real estate developers must be restricted to the specific project where default has occurred, and cannot be extended to other projects of the company. The ruling came while adjudicating an appeal related to Raheja Developers, where the tribunal confined the CIRP to the Krishna Housing Scheme. The decision emphasises protection of stakeholders in unrelated projects and clarifies that creditor claims must also remain project-specific. The case pertains to delays in an affordable housing project comprising 1,644 units, where construction timelines were impacted and costs escalated.Read more

13 Apr 2026

The Gujarat government has entered into a memorandum of understanding with Taiwan-based Allegiance International Co Ltd to establish an Indo-Taiwan Industrial Park in the Sanand-Dholera region. The proposed development is expected to attract over INR 1,000 crore in foreign direct investment, primarily in semiconductor and electronics manufacturing. The project is estimated to generate around 12,000 direct jobs over five years and will support India's semiconductor ambitions. The agreement, signed in Gandhinagar, aims to facilitate collaboration between Indian and Taiwanese enterprises while strengthening Gujarat's position as a manufacturing hub, where projects worth over INR 1.24 lakh crore are already under development.Read more

13 Apr 2026

The Delhi Development Authority (DDA) carried out a demolition drive in Sainik Farm, South Delhi, targeting two residential plots located on Western Avenue. The operation took place during early morning hours with police deployment to maintain order. Residents opposed the action, claiming that a valid court stay order was in force and raising concerns over unclear land demarcation and Khasra identification. The Residents Welfare Association termed the move unjustified and unlawful. The incident comes amid ongoing policy discussions around regularisation of unauthorised colonies in Delhi.Read more

13 Apr 2026

The Haryana government has approved an expenditure of INR 1,028 crore for a wide range of infrastructure and departmental projects across multiple sectors. The approval was given during a High-Powered Purchase Committee meeting chaired by the Chief Minister. The allocation covers urban infrastructure, water supply systems, health facilities, industrial pollution control measures, and civic development works. Savings of about INR 96 crore were also achieved through negotiations with contractors. Authorities have directed departments to ensure timely execution, quality control, and strict monitoring of all ongoing works.Read more

Mumbai News Desk

13 Apr 2026

The Bombay High Court has directed the Mumbai Metropolitan Region Development Authority (MMRDA) to refund INR 646 crore to Reliance Industries Limited in a major ruling linked to a long-standing dispute over a commercial development project at Bandra Kurla Complex in Mumbai. The court has set aside penalty and demand notices issued by the authority, observing that the recovery action lacked legal backing and was applied in an arbitrary manner. It further noted inconsistency in extension benefits granted to similar projects, leading to unequal treatment, and ordered the refund within a fixed timeframe with interest applicable on delay.Read more

Mumbai News Desk

13 Apr 2026

The Bombay High Court has upheld the redevelopment approval for a 16-storey residential building on Altamount Road in Mumbai and dismissed a public interest litigation challenging the project. The court observed that the petition did not demonstrate genuine public interest and appeared to question permissions already granted and implemented. It accepted submissions that approvals were issued in accordance with applicable Development Control Regulations and planning norms. The court further noted that the building was already completed and found no procedural irregularity, reinforcing limited scope of judicial interference in such matters.Read more

13 Apr 2026

The Ranchi Municipal Corporation has stepped up its drive against unauthorised commercial activities operating in residential areas across the city. Officials are inspecting properties, reviewing trade licences and identifying violations of land-use norms. Businesses running without proper approvals are being issued notices and may face penalties or closure. The move is aimed at reducing congestion and maintaining planned urban development. The action follows earlier enforcement efforts and reflects a continued push to ensure compliance with municipal rules and prevent misuse of residential properties.Read more