Schneider May Buy Rs 83B Stake From Temasek in India Arm

Telangana High Court Allows Metro Phase II Land Acquisition

The Telangana High Court vacated its interim order restraining land acquisition for the Phase II Metro Rail Project and permitted authorities to proceed with work on the Mahatma Gandhi Bus Station (MGBS) to Chandrayanagutta stretch, subject to strict compliance with law. Justice NV Shravan Kumar allowed an interlocutory application by the state and other authorities and set aside the interim order dated 10 January 2025 in the writ petition by Mahammed Abdul Raoof and seven others. The decision balanced project continuity with protection of legal rights pending final adjudication. The petitione..

CAG Flags Planning And Land Acquisition Issues In Bangalore Metro

The Comptroller and Auditor General of India (CAG) presented a performance audit on implementation of Phase one and Phase two of the Bangalore Metro Rail Project by Bangalore Metro Rail Corporation Limited (BMRCL). The report defines monetary units as million (mn) and billion (bn) and outlines deficiencies in planning and execution. Commercial operations of Phase one began from October 2011 and became fully operational in June 2017 over 42.30 kilometres. Phase two ran partly between January 2021 and March 2023 over 27.36 kilometres, with the balance planned for completion by December 2026. The..

Baramati Airport in Maharashtra to Get Rs 1 bn Makeover

The state government is finalising a Rs 1 bn overhaul of the small uncontrolled Baramati airport, six months after the crash that killed deputy chief minister Ajit Pawar. The Maharashtra Airport Development Company (MADC) cleared the proposal and final approval is awaited from a committee led by the state chief secretary after the Maharashtra Industrial Development Corporation handed the airstrip to MADC in July 2025. Built in the mid?1990s by then chief minister Sharad Pawar, the 1,600 m x 30 m runway remained neglected. The airstrip lacks a perimeter fence and was used mainly by the Pawar fa..