PM lays foundation stone for Bundelkhand Expressway

02 Mar 2020 Editorial Team

To supplement the nodes of the Uttar Pradesh Defence Industrial Corridor announced in February 2018, the Prime Minister Narendra Modi laid the foundation stone for the 296-km-long Bundelkhand Expressway at Chitrakoot. To be built at Rs 148.49 billion, the Expressway is expected to benefit Chitrakoot, Banda, Mahoba, Hamirpur, Jalaun, Auraiya and Etawah districts.

Projects such as the Bundelkhand Expressway, Purvanchal Expressway or the proposed Ganga Expressway are expected to not only increase connectivity in Uttar Pradesh, but also create employment opportunities and connect the people with the facilities available in big cities, as per the Prime Minister.

Further, Rs 37 billion crore has been allocated for the Uttar Pradesh Defence Corridor in this year's budget, considering the huge defence equipment requirements spanning from land systems, ships and submarines to fighter aircraft, helicopters, weapons and sensors. The Prime Minister also added that a provision of UP Defense Corridor is also getting momentum from the Bundelkhand Expressway.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..