Pulianthope Canal Rebuild to Cost Rs 170 Million

04 Mar 2025 CW Team

The Greater Chennai Corporation (GCC) will reconstruct the British-era Pulianthope canal at an estimated cost of Rs 170 million to address persistent flooding issues.

Currently, rainwater from Munusamy Canal flows through Gandhi Canal and Otteri Nullah before reaching B-Canal. However, during heavy rains, overflow from Otteri Nullah often leads to flooding in Pulianthope. To mitigate this, the civic body plans an alternative route to divert rainwater from Demellows Road Canal directly to B-Canal.

The project also includes demolishing and rectifying the arch canal on Strahans Road to improve water flow and eliminating illegal sewage connections into the drains.

Flooding has long troubled residents of Pulianthope, Pattalam, KM Garden, and Anjaneyar Koil, often leaving them wading through stagnant water even after the monsoon. The GCC’s January resolution identified 226 families for eviction and allocated Rs 152.6 million in compensation through the Tamil Nadu Urban Habitat Development Board (TNUHDB).

(newindianexpress)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..