Tripura, Tata Join for ITI Boost

25 Nov 2024 CW Team

Tripura Chief Minister Manik Saha announced that the state government has signed a Memorandum of Agreement (MoA) with Tata Technologies Ltd on Wednesday to upgrade 19 Industrial Training Institutes (ITIs) across the state. The upgradation, aimed at enhancing skill development, is part of a larger effort to align with Prime Minister Narendra Modi's vision for skill acquisition.

The total cost for the Rs 683.27 crore upgradation plan will be shared between Tata Technologies Ltd, which will contribute 86 percent, and the state government, covering the remaining 14 percent. Additionally, the state government plans to spend Rs 107 crore separately to improve the existing infrastructure in these ITIs. The upgradation initiative is set to be implemented over a five-year period.

The Chief Minister emphasized that many of the current courses offered by the ITIs were outdated and lacked job prospects, which made it difficult for graduates to find employment. With the new upgradation plan, the ITIs will introduce modern courses that not only have promising job prospects within India but also internationally. Furthermore, Tata Technologies Ltd has committed to absorbing the graduates from these upgraded institutes into its workforce, addressing the growing demand for skilled labor.

CM Saha hailed the MoA as a milestone in enhancing skill development in Tripura. The new courses are expected to attract students who had previously lost confidence in the older courses, opening up new avenues for employment and sustainable growth in the state.

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..