Adani Group takes control of Mumbai airport management

181 Buildings Near Nagpur Airport Pose Safety Risk

Nagpur’s Dr. Babasaheb Ambedkar International Airport is facing a serious aviation safety threat, with 181 buildings identified as violating height norms essential for safe aircraft operations. These structures, located within a 25-kilometre radius of the airport, have been flagged as obstructions in multiple Obstacle Limitation Surface (OLS) surveys conducted since 2018 by MIHAN India Limited (MIL), the airport’s operator.Despite the findings, no significant corrective measures have been enforced. The situation has raised concerns among aviation safety experts, who warn that the persisten..

Top Cement Firms to Spend Rs 305 Billion in FY26

Despite subdued private capital expenditure, India’s nine leading cement manufacturers are set to invest a combined Rs 305 billion in FY26, banking on a surge in demand led by increased government infrastructure spending.UltraTech Cement, part of the Aditya Birla Group, and Adani Group’s Ambuja Cement and ACC, each plan capital investments of Rs 90 billion, topping the industry’s capex chart. Dalmia Bharat and Shree Cement are expected to invest Rs 35 billion and Rs 30 billion, respectively.UltraTech, India’s largest cement producer, added 44 million tonnes per annum (MTPA) in capacity..

NIIF Transfers Rs 41.9 Billion Road Assets to Cube InvIT

The National Investment and Infrastructure Fund (NIIF) has successfully transferred ownership of two operational annuity-based road projects to Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors Pvt. Ltd. The deal marks a strategic shift of approximately Rs 41.9 billion (including cash), subject to final closing adjustments, further strengthening Cube InvIT’s high-quality infrastructure portfolio.The two road assets—Quazigund Expressway Pvt. Ltd. (QB) and Athaang Jammu Udhampur Highway Pvt. Ltd. (JU)—cover nearly 80 kilometres in Jammu and Kashmir. QB includes one o..