Bengaluru set for massive infrastructure overhaul; Sky-deck, airport, AI-city and much more
Karnataka Deputy Chief Minister DK Shivakumar on Tuesday called Bengaluru a “constantly evolving powerhouse” and said the state is pushing massive upgrades to strengthen the city’s core infrastructure, with investments crossing Rs 1 lakh crore.

Reliance Infrastructure forms Board of Management, eyes big investments in defence and renewables
Anil Ambani-led Reliance Infrastructure has approved the creation of a new Board of Management (BOM) to boost governance and sharpen strategic oversight across its businesses.

L&T set to rally further? 5 reasons Motilal Oswal bets on 12% upside and Middle East growth edge
One key engineering sector stock that continues to grab headlines on the back of its order win spree is undeniably Larsen & Toubro. Motilal Oswal has maintained its ‘Buy’ on L&T with a target price of Rs 4,500, implying an upside of 12% from the current market price. The management remains focused on its capital allocation strategy and expects to hive off non-core assets soon and keep investing in new-age areas over the next five years.

L&T eyes $1 billion defence milestone as conglomerates power ahead
New Delhi: Larsen & Toubro Ltd. expects its defence business revenue to reach $1 billion this fiscal year, riding the government’s aggressive localization push. The milestone will cement its position as India's biggest private military equipment supplier and the fourth-largest after three state-owned peers.

CREDAI Chennai partners with Central Polytechnic College to launch CoE for construction
Chennai: CREDAI Chennai and Central Polytechnic College have signed an MoU to establish a Centre of Excellence for Construction Practices. This flagship initiative is designed to bridge the gap between academic learning and the practical requirements of the real estate and construction industry. The Centre of Excellence will focus on upgrading laboratory infrastructure, introducing industry-driven training modules, and creating a structured academic–industry hub that produces field-ready, skilled Civil Site Supervisors.

Blackstone to invest ₹700 crore in Casagrand Industrial & Warehousing to develop industrial and logistics parks in TN
Chennai: Casagrand Industrial & Warehousing, which specialises in industrial space and warehousing both dedicated and multi-user in strategic locations, has entered into an investment deal with Blackstone, one of the world’s largest alternative investment firms to develop two large-scale industrial and logistics parks across 154 acres in Sriperumbudur, Chennai.

Mahindra Holidays looks beyond vacation ownership model for growth, announces luxury resorts under Signature brand
Mumbai: Mahindra Holidays & Resorts India Ltd (MHRIL) is introducing luxury resorts at leisure locations as a part of a new strategy to target growth. While the company will continue to scale up its existing vacation ownership business, the new Mahindra Signature Resorts brand will operate like conventional hotels.

Godrej Properties buys additional 3.8-acre land, eyes Rs 3,500 crore revenue from 30-acre township in Bengaluru
Godrej Properties has bought an additional 3.8-acre land parcel in South Bengaluru that could potentially unlock around Rs 2,400 crore in revenue and add nearly 2 million sq ft of development area. With the new acquisition, Godrej Properties will now develop a large premium residential community on a combined land parcel of about 30 acres.

Kolte Patil plans to triple launches in H2
 

India's listed REITs distribute ₹2,331 cr in Q2 as AUM rises to ₹2.35 trn
 

Greenbay infrastructure launches luxury residential project 'The Monarque' at Yamuna Expressway; eyes revenue potential of Rs. 1000 Cr. (approx)
 

Top cement companies post strong Q2 on better realisations, volumes
 

Rites seeks new financing to expand Africa's access to Indian locomotives
https://infra.economictimes.indiatimes.com/news/railways/rites-seeks-new-financing-to-expand-africas-access-to-indian-locomotives/125475871?utm_source=top_news&utm_medium=sectionListing

NHAI’s public InvIT takes first step; public InvIT to hold 1500 km highways in 3-5 years
The National Highways Authority of India (NHAI) has set the ball rolling on its public Infrastructure Investment Trust (InvIT) that will in 3-5 years hold 1,500 km of highways. The public InvIT will be in addition to the private InVIT – National Highways Infrastructure Trust (NHIT) – also sponsored by NHAI. While creating new avenues for monetisation, the public InvIT will also enable retail investors to benefit from the returns of high revenue generating national highways. Like in the NHIT, the highway builder will also retain 15% of the units of the public InvIT as sponsor.

Southern Railway to launch first-ever coast-to-coast parcel express train between Chennai and Mangaluru
Southern Railway cargo train service launch: Southern Railway is starting a new intra-zonal coast-to-coast parcel express train that will run between Royapuram in Chennai and Mangaluru Central. This is the first service of its kind for Indian Railways.

Railways is a strategic sector; cannot be handed to private players': Former Railway Board Member at CRF Conclave
New Delhi: The Indian Railways remains a strategic sector and it cannot be handed over to private players, former Railway Board Member M. Jamshed said, as he rejected the prospect of railway privatisation in India.