Notices issued to private developers for lack of basic infrastructure

23 May 2024 CW Team

Karnataka Deputy Chief Minister, D K Shivakumar, has directed officials to issue notices to private developers for failing to provide essential infrastructure in their layouts. During an inspection of the 'Raja Kaluve' at Rachenahalli Lake in North Bengaluru, he highlighted the role of inadequate rainwater flow provisions in private layouts as a key contributor to flooding. Shivakumar emphasised the need to address flooding issues in phases, identifying vulnerable areas annually. He also pledged action against encroachments on Raja Kaluve and non-compliance with Sewage Treatment Plant (STP) regulations. Regarding the Sky deck construction project in Bengaluru, he assured consideration of factors like land availability and parking. Responding to questions about BBMP elections, Shivakumar expressed the government's eagerness pending court proceedings. Inspecting flood-prone areas in the city, including Ramanashree Gardenia layout in Yelahanka, he assured residents of addressing incomplete drainage works and separating sewage and storm water drains. Sewage water will not flow into any of the lakes in Bengaluru from now on. Only rainwater or treated water will be allowed into the lakes. This will ensure that the groundwater is charged and bore wells don't dry up, he said. During his visit to Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), he was briefed on the on-going construction of retaining walls along Raja Kaluve, promising swift action to address flooding concerns in the area. (Source: Economic Times)

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..