Ashwini Bhide Highlights Last-Mile Connectivity as Key Focus for Mumbai Metro

05 Nov 2025 CW Team

The IMC Chamber of Commerce and Industry (IMC) hosted a session on ‘Mumbai Metro: Transforming Connectivity and Commuting,’ featuring Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd (MMRCL). Addressing IMC’s managing committee, Ms. Bhide emphasised the critical role of last-mile connectivity in Mumbai’s expanding transport infrastructure.

“Mumbai is the economic powerhouse of Maharashtra, and over 95 per cent of the population in this region is urbanised. With nearly one trillion dollars expected to come from the Mumbai MMR alone, continued investment in large-scale infrastructure like the Mumbai Metro Rail is essential,” she said.

During the session, IMC announced its association with Project Mumbai’s flagship initiative, Mumbai Climate Week (MCW), to be held from 17–19 February 2026. Hosted by Maharashtra’s Chief Minister, Shri Devendra Fadnavis, the event will position India as a climate action leader of the Global South.

Shishir Joshi, Founder & CEO of Project Mumbai, said: “Mumbai Climate Week marks a historic step for Maharashtra and India as we unite and amplify the voices of the Global South.”

IMC President Sunita Ramnathkar added: “The Mumbai Metro is not just transforming how we commute—it is shaping the city’s economic and environmental future. Our association with Mumbai Climate Week underscores our commitment to advancing climate action and sustainable growth.”

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..