Rs 10.12 billion allocated for Bengaluru Metro Phase-2

06 Feb 2019 CW Team

The Phase-2 of the Namma Metro project has reportedly received Rs 10.12 billion. The 2019-20 budget allocated Rs 18.28 billion for the South Western Railway, which is nearly 20 per cent more as compared to the previous year.

The work on the 128-km-network is currently under progress. Yelachenahalli to Anjanapura, Mysuru Road to Kengeri, Byappanahalli to Whitefield, Nagasandra to Bangalore International Exhibition Centre, Gottigere to Swagath Road Cross, RV Road to Bommasandra, Silk Board to KR Puram, KR Puram to Kempegowda International Airport (KIA) and Dairy Circle to Nagawara fall under Namma Metro project Phase-2.

Reportedly, Rs 100 million was earmarked for the Rs 230 billion city suburban rail project. Also, additional funds are earmarked for track doubling works. The track doubling works includes of Yeshvanthpur-Channasandra (21.7km), Byappanahalli-Hosur (48km),Yelahanka-Penukonda (120.53km) and Arsikere-Tumakuru (96km). However, no new trains are announced at the moment as the focus is on the ongoing projects.

Also, a new deadline of 2023 has been set up for the project and is expected to be operational in 2024 as per the Bengaluru Metro Rail Corporation (BMRCL). On completion of Phase 2, the city is expected to consist a 170-km metro network and provide easy connectivity.

83 km-stretch of Phase 3, which may connect Hebbal to JP Nagar, Magadi road Tollgate to Kadabagere, Nagawara to Aerospace Park, Gottigere to Basavapura, Kogilu Cross to Rajanukunte, Bommasandra to Attibele and Iblur to Carmelaram are identified in a feasibility study. Phase 3 will initiated once the detailed project report is finalised.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..