Centre Offers Rs 180 Billion for Urban Planning Reforms
In a move to accelerate comprehensive urban planning reforms across India, the central government has announced Rs 180 billion in special capital investment assistance for 2025–26. States and Union Territories (UTs) can apply for these funds to implement measures focused on improving governance, urban finance, land use, and the overall ease of doing business.According to a communication issued by the Ministry of Finance (MoF) on 22 May, funds will be disbursed as per a detailed guideline and on the recommendation of the Ministry of Housing and Urban Affairs. The reforms aim to bring structur..
Lohapul Bridge Work Progresses to Aid Railway Expansion
Construction of a new bridge adjacent to the historic Lohapul railway bridge in Nagpur is progressing steadily, with the existing structure now closed to traffic. The new bridge is crucial for facilitating the third and fourth railway line expansion between Nagpur and Wardha under Central Railway’s jurisdiction.Currently, underground utility shifting and the installation of a new drainage line are underway. The Rs 30 million project is being executed by CS Construction India Pvt. Ltd., under the supervision of Central Railway’s construction department. The initial phase, involving the layi..
Macrotech Renamed Lodha Developers After Trademark Row
Macrotech Developers Limited has officially changed its name to Lodha Developers Limited, effective 16 June 2025, following regulatory approval. The change comes two months after a trademark settlement between Abhishek Lodha and his younger brother Abhinandan Lodha, who owns the House of Abhinandan Lodha.In a filing with stock exchanges, the company said: “Pursuant to Regulation 30 of the Listing Regulations and further to our intimation dated 2 June 2025, we wish to inform you that the Registrar of Companies, Ministry of Corporate Affairs, has approved the change in name... from ‘Macrotec..
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