MHADA Grants One-Year NOC for Net Shed at Swami Vivekanand School

11 Mar 2025 CW Team

The Mumbai Housing and Area Development Board (MHADA) has granted a one-year No Objection Certificate (NOC) to Swami Vivekananda Shikshan Vikas Mandal Trust for reinstalling a turf and constructing a nylon net shed on the school's sports ground in Gorai, Borivali. The approval follows the school’s commitment that the facility will not be used for commercial purposes.

The decision was made after the trust’s representatives met with MHADA Mumbai Board’s Chief Officer and assured compliance with all regulations. The board has explicitly prohibited any commercial use of the net shed and stated that it is strictly for student-related sports and academic activities.

MHADA had previously issued a one-year NOC on December 1, 2023, but later received complaints of commercial use. After the NOC expired, MHADA ordered the removal of the net shed. When the school failed to comply, MHADA, with police assistance, dismantled the structure on March 5 and 6, 2025.

The trust was allocated Plot No. 12, Gorai-1, Borivali (W), Mumbai-400091, under a lease agreement dated December 16, 1994. The total area of 5,875.60 sq. m. includes 2,567.00 sq. m. for school buildings and 3,308.60 sq. m. for the playground.

Cricket coach Dinesh Lad welcomed MHADA’s decision, thanking the board for granting the one-year NOC for the net shed.

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..