
8% Y-o-Y Toll Revenue Growth for IRB Infra for Q1FY26

CIDCO Allows Freehold Conversion of Navi Mumbai Plots
In a significant relief for homeowners in Navi Mumbai, the City and Industrial Development Corporation (CIDCO) has announced that residential plots allotted on leasehold terms are now eligible for conversion to freehold ownership.To implement this move, CIDCO has formed a committee to scrutinise applications for conversion. The scheme covers plots allotted via tender, CIDCO housing projects, and under the 12.5 per cent and 22.5 per cent schemes.Eligible homeowners can apply by submitting required documents and paying the conversion fee, calculated as a percentage of the land’s ready reckoner..

Railways to Use AI Tech for Rolling Stock Inspection
In a major stride towards automating maintenance and improving operational safety, Indian Railways has signed a Memorandum of Understanding (MoU) with the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) to deploy Machine Vision Based Inspection Systems (MVIS) for rolling stock monitoring.MVIS is an AI and machine learning-enabled wayside solution that captures high-resolution images of moving trains’ undercarriages to detect loose, hanging or missing components. Upon detecting faults, it issues real-time alerts, enabling swift corrective actions and preventing potential accident..

Titagarh Boosts Rail Output With Pune Metro, Vande Bharat
Titagarh Rail Systems is intensifying its role in India’s railway modernisation, with significant manufacturing activity underway at its Uttarpara facility near Kolkata. The company is producing lightweight metro coaches and preparing for the sleeper variant of the Vande Bharat Express, reinforcing its presence in the national transport ecosystem.A standout project is the Pune Metro, which features India’s only aluminium-bodied metro coaches. Compared to traditional stainless-steel models used in cities like Bengaluru, these aluminium coaches are lighter and more energy-efficient throughou..