NHAI Installs Speed Reducers Near Vani Vihar in Bhubaneswar
The National Highway Authority of India (NHAI) has installed speed reducers on the service lanes of NH-16 near the main entrance of Utkal University in Bhubaneswar, which has brought significant relief to both commuters and pedestrians. These speed reducers had been previously placed as a road safety measure but were damaged over time due to a lack of regular repair and maintenance. Consequently, commuters often found it hazardous to use the service lane near the Vani Vihar campus.In addition to installing the speed reducers, the NHAI is planning to implement further traffic calming measures o..
PMC Extends Road Repair Deadline to June 7 as Work Progresses
The Pune Municipal Corporation (PMC) extended the deadline for completing road repair and reinstatement work from June 1 to June 7, as several departments had failed to meet the original target. Despite an earlier directive to finish all digging and road-related activities before the monsoon season, many parts of the city remained under excavation.This extension was decided after a review meeting held on Monday, chaired by PMC additional commissioner Omprakash Diwate, with heads of the road, drainage, water supply, and electrical departments in attendance.Diwate explained that the early arriva..
Jefferies Forecasts Cement Turnaround in FY26 on South Price Rise
Global brokerage Jefferies has forecasted a turnaround in the profitability of the Indian cement sector in FY26, driven by a pricing recovery in the southern region starting from the first quarter. The firm identified Ultratech Cement, Shree Cement, and JK Cement as its preferred picks due to their strong earnings recovery momentum.Jefferies reported that the cement sector showed a robust rebound in the March quarter (Q4 FY25), with EBITDA rising by 11 percent year-on-year and 67 percent sequentially. This improvement was mainly attributed to firming prices and steady volume growth. Earlier, J..
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