UAE Orders Fast Track Pipeline To Bypass Strait Of Hormuz
GBA To Issue Occupancy Certificates For Up To 15 Per Cent Deviation
The Greater Bengaluru Authority (GBA) will begin issuing occupancy certificates for buildings that deviate from sanctioned plans by up to 15 per cent, the deputy chief minister said. The relaxation, previously restricted to five per cent, is intended to assist properties that have been unable to secure water and electricity connections following a Supreme Court order. Officials framed the change as an administrative response to widespread deviations arising from high demand for land in the city. The deputy chief minister indicated that the authority is not acting outside the law and that the m..
TRAI Revises Rating of Properties for Digital Connectivity
The Telecom Regulatory Authority of India (TRAI) issued the Rating of Properties for Digital Connectivity (Amendment) Regulations, 2026 on 13 May 2026 after a consultation that began on 27 February 2026. It incorporated feedback from property managers, Digital Connectivity Rating Agencies (DCRAs), service providers and other stakeholders drawn from implementation experience and capacity building. The amendments and a revised Rating Manual are published on TRAI's website and take effect from 13 May 2026. Key changes include additional half-star levels, expanding the scale from five to nine to a..
JSW Steel Board Approves Rs 140 bn Raise and BMM Ispat Merger
JSW Steel Limited said its board has approved a plan to raise Rs 14,000 crore and to amalgamate BMM Ispat. The capital amount converts to Rs 140 billion. The board approval covers the principal terms of the fund raise and the proposed merger of the two entities under the JSW Steel group. The decision forms part of a strategic initiative to consolidate operations and shore up financial capacity. The company indicated the proceeds will be allocated to support growth initiatives, strengthen the balance sheet and to facilitate integrated operations following the amalgamation. Management will asses..

