Navi Mumbai to become India's premium locality

NHAI Debars Contractor Over Kerala Highway Collapse
The National Highways Authority of India (NHAI) has debarred Megha Engineering & Infrastructure Ltd (MEIL) for one year following a landslip and wall collapse along the Chengala–Neeleshwaram stretch of NH‑66 in Kerala. The incident on 16 June was attributed to inadequate slope protection and poor drainage, exposing dangerous design faults on the roadway.In addition to debarment, MEIL has received a show-cause notice and may face a penalty of up to Rs 90 million. Under its Hybrid Annuity Model contract, MEIL holds responsibility for the maintenance of this highway section for 15 years a..

Bids Open for Underground Coal Blocks in 12th Round
The Ministry of Coal has opened bids for the 12th round of commercial underground coal block auctions. Out of six blocks on offer, two received submissions. A total of 14 bids—submitted both online and offline—were received for the Rajgamar Dipside (Deavnara) and Rajgamar Dipside (South of Phulakdih Nala) blocks, both classified as non-coking coal reserves.Eight companies participated in the bidding process. Each of the first six firms submitted two bids, while two others submitted one bid each. The companies in the fray include Godawari Power and Ispat, Dilip Buildcon, TMC Mineral Resourc..

Wipro Engineering Acquires Majority Stake in France’s Lauak
Wipro Infrastructure Engineering (WIN), a subsidiary of Wipro, has entered into a definitive agreement to acquire a majority stake in France‑based Lauak Group—a family‑owned aerospace parts manufacturer since 1975. The deal, announced at the Paris Air Show, will form a new entity named Wipro Lauak, signalling a major expansion of Wipro’s industrial footprint into Europe.Lauak specialises in sheet metal fabrication, machining, welding, piping, and assembly, supplying Tier‑1 components for both structural and engine parts to leading global aerospace firms. The acquisition will merge La..