Powerful Leader

26 Nov 2019 CW Team

L&T has, over the years, capitalised on its keen sense of the industry which drives its growth; it has dynamic understating that stems from a visionary leading the company – AM Naik. The Group Chairman has accomplished great strides in his life, no one of which hold a torch to his recent achievement of being awarded the Padma Vibhushan. The award takes into account his contribution to L&T as its rose through the ranks and assumed the leadership position across various sectors. Naik’s standing as an industry major was also recognised at the recently concluded Indian Construction Festival. Under his management, the company witnessed a phenomenal increase across all parameters of business performance. Naik has not only established a strong professional presence, but has also created milestones on a personal front. He has spearheaded numerous charitable trusts, while pledging 75 per cent of his wealth towards social causes of healthcare, skill development and education. A fine example of professionalism, entrepreneurship and philanthropy, Naik has set the stage for success – not only for L&T, but countless individuals.

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..