SriLankan Airlines plans to increase its flight frequency between Colombo and Melbourne to 10 services per week from August 2026, in response to rising travel demand. The expansion will involve the addition of three new weekly flights, strengthening connectivity between Sri Lanka

Bandra Kurla Complex (BKC), Mumbai’s primary business district, is entering a new phase of development driven by vertical construction and redevelopment due to limited land availability. With most parcels already built out, future Grade-A office supply is expected to come from

The Lucknow Development Authority (LDA) is planning to redevelop its ageing low-rise residential buildings into high-rise structures to improve land use and increase housing supply. The move follows the state’s urban redevelopment policy targeting buildings over 25 years old or

The Ministry of Road Transport and Highways has notified revised toll rules for overloaded vehicles on national highways, introducing a graded fee structure linked to excess weight. Under the new framework, vehicles carrying up to 10% excess load will not face penalties, while

Vale do Lobo has introduced a digital concierge platform, ‘Oliver’, to support guest services and real estate enquiries across the resort. The AI-enabled system provides 24/7 multilingual assistance covering lifestyle services, bookings and personalised property discovery. It

N Biren Singh inspected the ongoing construction of a new integrated terminal at Imphal Airport, directing officials to ensure timely completion and adherence to quality standards. The project, being developed by the Airports Authority of India, is expected to significantly

Canada’s housing market recorded a marginal decline in activity in March, with home sales slipping 0.1% month-on-month and 2.3% annually, according to data from the Canadian Real Estate Association. Prices also weakened, with the Home Price Index falling 0.4% over the month and

Mumbai Metro Line 1 has introduced an app-based cashback feature aimed at reducing commuting costs by linking everyday online spending with travel savings. The initiative allows commuters to earn up to INR 20 cashback per transaction on purchases made via major e-commerce

The Enforcement Directorate has arrested former senior executives of the Anil Dhirubhai Ambani Group, Amitabh Jhunjhunwala and Amit Bapna, in a money laundering case linked to alleged loan diversion at Reliance Home Finance and Reliance Commercial Finance. The probe focuses on

CAE Simulation Training Pvt Ltd (CSTPL), a joint venture between InterGlobe Enterprises and Canada-based CAE, has inaugurated a 44,000 sq ft pilot training facility in Mumbai, marking its fourth centre in India. The facility has commenced operations with an Airbus A320

The Consumer Financial Protection Bureau has seen its Washington headquarters lease terminated at least six years ahead of schedule by the Office of the Comptroller of the Currency, with the property transferred to the General Services Administration, according to official

CIDCO has appointed a joint venture of RITES Ltd and Creative Group LLP to carry out a six-month techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport. The study will examine technical, operational, environmental and financial

Self-redevelopment of housing societies in Mumbai is seeing steady growth with active support from the state government. A dedicated authority and financial backing have encouraged over 1,600 societies to explore independent redevelopment. The model is gaining attention as it

China’s new home prices continued to decline in March, falling 0.2% month-on-month and 3.4% year-on-year, marking the steepest annual drop in ten months. The data reflects ongoing weakness in the property sector despite signs of stabilisation in major cities. While tier-one

Adani Energy Solutions Ltd has operationalised a 1,000 MW high-voltage direct current transmission link between Kudus and Aarey through its subsidiary Adani Electricity Mumbai Infrastructure Ltd. The project spans a 30-km overhead line and a 50-km underground corridor across the

Standard Life has agreed to acquire the UK operations of Aegon for GBP 2 billion (USD 2.7 billion), in a transaction combining cash and shares. The deal will expand Standard Life’s customer base to around 16 million and increase its assets under management to approximately GBP

Logistics platform Porter has expanded its intra-city operations to eight new cities across six states, strengthening its presence in regional markets and targeting demand from micro, small and medium enterprises (MSMEs). The rollout includes Mysore, Madurai, Jabalpur, Gwalior,

Amazon has announced plans to acquire Globalstar in a USD 11.57 billion deal to strengthen its satellite connectivity business and compete with SpaceX’s Starlink. The move will add Globalstar’s satellites and spectrum capabilities to Amazon’s growing network, supporting its plans

Suraj Estate Developers has acquired a land parcel in Dadar West, Mumbai, for a total consideration of INR 18 crore, comprising a cash component and area-sharing with landowners. The acquisition will be redeveloped into a residential project with an estimated gross development

US-based wealth management firm LPL Financial has inaugurated its Global Capability Center (GCC) in Hyderabad, marking its entry into India’s expanding financial services support ecosystem. The centre will support enterprise functions including technology, operations, product