Officials Consider OTS Scheme for Illegal Buildings in Ludhiana

24 Oct 2023 CW Team

In a bid to address the issue of unauthorized constructions within the Ludhiana civic body's jurisdiction, officials are contemplating the implementation of an One-Time Settlement (OTS) scheme. This initiative aims to regularize illegal buildings by providing owners with an opportunity to legalise their structures, thus mitigating potential demolition threats. The move reflects the civic authorities' commitment to balancing urban development and compliance with construction regulations. The proposed OTS scheme is expected to offer a pathway for property owners to regularize their buildings by paying a prescribed fee or penalty, which, in turn, would help generate revenue for the municipal body. This effort aligns with the broader goal of enhancing urban planning and ensuring the safety and sustainability of constructions within the city. While the specifics of the scheme are yet to be finalised, it is anticipated that this amnesty initiative will provide relief to property owners who inadvertently built without requisite permits. It offers a pragmatic solution that aims to bring illegal structures within the regulatory framework, thereby benefiting both the city's development and the property owners themselves.

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..