SC May Reject Akrama Sakrama: Karnataka Minister

21 Feb 2024 CW Team

Karnataka's Minister for Urban Development, Byrathi Basavaraj, has expressed the possibility of the Supreme Court rejecting the Akrama Sakrama case. This legal framework aims to regularise unauthorised constructions and developments in the state. The minister's statement indicates a cautious outlook on the fate of the Akrama Sakrama policy as it awaits the Supreme Court's decision.

The Akrama Sakrama scheme, if rejected, could have implications for property owners who have undertaken unauthorised constructions, as the policy provides a pathway for regularisation by paying penalties. Minister Basavaraj's remarks suggest a degree of uncertainty regarding the policy's acceptance at the highest judicial level.

The Akrama Sakrama case has been a subject of legal scrutiny and debates, with stakeholders closely monitoring its progress. If the Supreme Court decides against the policy, it could impact the regularisation process for numerous properties and necessitate a reevaluation of unauthorised constructions in Karnataka.

The minister's cautious anticipation reflects the complexities surrounding the Akrama Sakrama case and its potential consequences. As the legal proceedings unfold, the Supreme Court's decision will significantly influence the regulatory landscape for unauthorised constructions in Karnataka.

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..