Rajasthan set to present new township policy in assembly

06 Nov 2024 CW Team

The Urban Development and Housing (UDH) department of Rajasthan is reviving efforts to draft a new township policy for the state, with plans to present the policy in the upcoming assembly session. After two months of delay, the department has directed the policy committee to finalise the draft.

"The committee responsible for drafting the policy has been instructed to finalize it for presentation in the assembly, though no specific deadline has been set,” stated a senior UDH official.

Originally initiated on February 20, the policy drafting committee gathered public objections and suggestions, with UDH Minister Jhabar Singh Khara personally inviting feedback from state ministers, MLAs, and MPs. The government extended the feedback deadline twice—first to July 31 and then to August 20. However, the process had stalled until the recent Diwali directive.

The new policy is intended to replace the current 2010 township policy, incorporating updated laws and guidelines from both state and central governments. A UDH committee also visited other states to study their township policies to ensure the new framework addresses contemporary needs effectively. (ET)

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..