Macrotech Developers' net profit rises 87.02% in Q3 FY25

28 Jan 2025 CW Team

Macrotech Developers has reported a growth of 87.02 per cent in its net consolidated profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 9.44 billion in Q3 FY25 as against Rs 505.2 it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

Based on the recommendation of the nomination & remuneration committee, the board of directors have approved the appointment of Sushil Kumar Modi as an additional and whole-time director, for a term of three years, with effect from January 25, 2025. The board also approved the appointment of Sanjay Chauhan as the chief financial officer (CFO) and key managerial personnel of the company with effect from January 25, 2025.

Infrastructure Transport

05 Nov 2025

Assam Seeks Rail Expansion To Boost Connectivity

Assam Chief Minister Himanta Biswa Sarma met Union Railway Minister Ashwini Vaishnaw in New Delhi on 2 November, urging for an expanded rail network across the state to strengthen both intra-state and international connectivity. The 25-minute meeting focused on proposals designed to improve transport infrastructure and economic integration in the region. Sarma requested the introduction of three new Amrit Bharat trains to and from Assam, aimed at enhancing passenger accessibility and supporting regional economic activity. Among his key proposals was a new railway line linking Umrangso in Dim..

Thane Station To Get 15-Coach Trains By 2025

The Central Railway has announced a major expansion plan to ease the daily travel struggles of over 500,000 commuters at Thane railway station. By December 2025, platforms 2, 3, and 4 will be extended to accommodate 15-coach local trains, marking a significant upgrade in Mumbai’s suburban rail infrastructure and improving passenger comfort and safety. Thane station, a key interchange on the Central Line connecting Mumbai, Karjat, and Kasara, currently operates 12-coach trains that frequently run at full capacity. The extension will allow for longer trains, addressing chronic overcrowding du..

IIT Bhilai Develops Smart Gel For Energy Saving And Power

As India advances toward its clean energy goals under the National Mission on Enhanced Energy Efficiency and the National Solar Mission, reducing electricity consumption in buildings and finding innovative green power solutions have become critical. A major portion of urban energy use comes from cooling systems, and continued reliance on fossil fuels adds pressure to the environment. To tackle this, a research team from the Indian Institute of Technology (IIT) Bhilai — comprising Nishikanta Singh, Durgesh Kumar Sinha, Koushik Mahata, Dillip Bhoi, Tejram Dewangan, and Katchala Nanaji, under ..