Belagavi airport expansion: 56 acres of land acquisition underway

01 Oct 2024 CW Team

Belagavi Airport is set to expand, as the Airport Authority of India (AAI) has requested an additional 56 acres of land from the state government due to a rise in flights and passenger traffic. The airport, located in Sambra village, 15 km from the city, has seen the AAI seeking this land for the past two years. Former MP Mangala Angadi initiated discussions in 2022, holding multiple meetings to address the expansion needs.

Recently, current MP Jagadish Shettar held two meetings with district administration and AAI officials, urging them to prioritize the proposal given the airport's increasing activity. Following these efforts, the land acquisition process has begun.

Belagavi Assistant Commissioner Shravan Naik visited the airport to inspect the area where the AAI is requesting land. While the AAI initially required 49 acres, it is now asking for 56 acres to mitigate future road connectivity issues. According to Airport Controller S. Tyagarajan, the district administration has commenced the land acquisition process, but government approval for the proposal is still pending. Once approved, a land survey will begin, followed by acquisition notices to affected farmers. The existing Belagavi Airport covers 755 acres and currently offers non-stop flights to eight destinations via two airlines—Indigo and Star Air.

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..