Relief to L&T: MMRDA scraps Rs 14,000-crore Thane-Bhayander tunnel project, SC told
MMRDA tells SC, both tenders worth Rs 14,000 cr to be scrapped; Maha govt to take a call
The Financial Express

Abhinandan Lodha steps out of Macrotech’s shadow
Mumbai : House of Abhinandan Lodha (HoABL) is launching its vertical real estate business in Mumbai, with a dual focus on luxury and affordable housing. However, the new brand's ambitions extend far beyond the financial capital.

Embassy Developments PAT doubles to ₹123 crore after Indiabulls Real Estate merger
Bengaluru: Real estate major Embassy Developments Ltd reported a consolidated net profit of ₹123 crore for the fourth quarter of FY25, marking a two-fold year-on-year (y-o-y) improvement from the loss of ₹90 crore in Q4FY24. The company’s revenue for the quarter stood at ₹1,183 crore (₹402 crore). The sharp turnaround from loss was attributed to the Bengaluru-based company’s merger with Indiabulls Real Estate (IBREL) in January this year. The merger had been on hold for 18 months after the Chandigarh bench of the National Company Law Tribunal (NCLT) withheld its approval following objections raised by the Income Tax department. For the full financial year net profit surged to ₹203 crore, compared to a loss of ₹485 in the previous fiscal. Annual revenue stood at ₹2,547 crore.

Puravankara net loss shoots up 13-fold to Rs 86 crore, revenue down 40%
 

JK Lakshmi’s ambitious targets are not without obstacles
After five quarters of mostly muted volume growth, JK Lakshmi Cement Ltd. delivered a double-digit 10.3% uptick to 3.6 million tonnes in the March quarter (Q4FY25).

Cube Highways Trust declares total distribution of ₹11 per Ordinary Unit for FY25
Cube Highways Trust (Cube InvIT) said its consolidated income grew 12.3 percent to ₹3,453 crore in FY25.

Japan begins trial of Shinkansen trains for India’s Mumbai-Ahmedabad Bullet Train Project – Watch
In a historic step towards transforming India’s railway infrastructure, the first-ever Shinkansen bullet trains — part of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project — have entered trial phase in Japan. This development marks a key milestone in India’s journey to launching its first high-speed rail line.