Maharashtra no longer needs to approve MHADA redevelopment projects

Call To Fast-Track 81-km Coimbatore Eastern Bypass Project

The proposed 81-km Coimbatore Eastern Bypass—stretching from Narasimhanaickenpalayam to Kaniyur and onwards to Madukkarai—aims to connect all six major National Highways in Coimbatore: Mettupalayam Road (NH 181), Sathyamangalam Road (NH 948), Avinashi Road (NH 544), Trichy Road (NH 81), Pollachi Road (NH 83), and Palakkad Road (NH 544). Similar to the Western Bypass, the project is expected to offer an alternative route for vehicles heading to and from Kerala, significantly easing urban congestion.Initially announced in 2016 during the AIADMK government, the project was to be executed by t..

Nagpur HC Raps NHAI Over Delay In 48-Km Katol Road Project

The Nagpur Bench of the High Court has strongly criticised the National Highways Authority of India (NHAI) for delays in completing a crucial 48-kilometre stretch of the Nagpur-Katol four-lane road project. Sanctioned in September 2021, the project—spanning from the 13-kilometre to the 62-kilometre mark on National Highway 357J—was awarded to joint contractors Agarwal Global Infratech Pvt. Ltd. and Joint Stock Company Industry Association.Due to prolonged delays and the resulting inconvenience to the public, a Public Interest Litigation (PIL) was filed by Dinesh Thakre, former chairman and..

IndoStar CEO Karthikeyan Srinivasan to Step Down on 30 May

IndoStar Capital Finance Limited (IndoStar) has announced that its Chief Executive Officer, Karthikeyan Srinivasan, will be stepping down from his position on 30 May 2025 to explore other career opportunities. Randhir Singh, currently Executive Vice Chairman, will continue to lead the company as Managing Director and will formally take on the responsibilities previously handled by Mr Srinivasan.Chairperson Naina Krishna Murthy stated, “We thank Karthik for his contribution to IndoStar and wish him every success in his future endeavours. We look forward to continuing our work with Randhir and..