Market News Today

Eloor's 2026-27 budget prioritises welfare, housing, and sustainable agriculture. With a ₹3.69 crore surplus from ₹94.4 crore revenue, it allocates ₹50 lakh for homeless housing, ₹1.5 crore for poverty, and ₹14.95 crore for a new civic building.

Kochi International Airport launched an on-site co-working hub, integrating business infrastructure into urban transport. This facility offers flexible seating, high-speed internet, and meeting rooms, enhancing traveler productivity and stimulating local economic growth, aligning with global airport modernization trends.

Lonza Group AG chose Hyderabad for its GCC, reinforcing the city's biopharma role. This centre will create high-value jobs, leveraging talent and infrastructure. Lonza reported CHF 6.5 billion sales in 2025.

Click Collection Ayodhya, Suba Hotels' third property, opens with 48 rooms, boosting the city's tourism infrastructure. Located near major sites, it caters to surging visitor numbers, reflecting significant investment in the rapidly growing pilgrimage market.

Italian menswear brand Vercelli launched a 4,500 sq ft flagship store in Mumbai's Juhu, expanding into India's luxury retail. This reflects growing demand for premium apparel and bespoke tailoring, with future outlets planned across metropolitan markets.

Hyderabad GHMC approved multi-corridor road projects including flyovers, underpasses, and expansions. ₹500 crore each for Cyberabad and Malkajgiri infrastructure. Over 100 properties may be acquired for upgrades, aiming to ease congestion and improve travel times.

Mumbai's BMC plans a policy this month to regularize thousands of pending Occupation Certificates, benefiting tens of thousands of housing societies. This aims to formalize compliance and improve urban governance.

Mumbai Court mandates a global study for Kanjurmarg waste reform, directing visits to advanced waste treatment facilities in UAE, China, and Japan. This aims to modernize waste management, reduce environmental impact, and transition from landfill dependency.

Mumbai's new water treatment plants at Bhandup (2,000 MLD, Asia's largest) and Panjrapur (910 MLD) will supply 60% of the city's daily needs. This upgrade strengthens water security, modernizes infrastructure, and uses advanced tech for sustainable urban water management.

Bengaluru's 2.2km MG Road resurfacing from March 5 (Trinity Circle to Cubbon Park) will cause temporary traffic disruptions for two weeks. Part of a ₹25-crore fund for seven roads, it aims to improve safety and road quality.