NHAI to share toll revenue with BBMP during Peenya flyover closure

10 Feb 2022 CW Team

The Karnataka Rashtra Samithi had urged the National Highways Authority of India (NHAI) to pay the Bruhat Bengaluru Mahanagara Palike (BBMP) an amount of the revenue earned by the Navayuga Bengaluru Tollway Private Limited (NBTL) while the Goraguntepalya-Peenya flyover was closed.

The political party said that the elevated highway, Goraguntepalya-Peenya flyover, passing through the city had been partially closed since 24 December 2021 due to the slippage of pre-stressed cables within the two spans. NHAI has been collecting the full user fee from vehicles on both sides of the elevated highway, Nagasandra and Nelamangala, even though the motorists are using the highway less.

The party is demanding toll collected to be transferred to the local government. It said that vehicle users were not using the full length of the road for which the user fee was being collected. Vehicle users have been facing difficulties because they have to spend a long time crossing this stretch of the road.The party further demanded action against the company that implied low-quality construction to build the flyover.

Image Source

Also read: BBMP begins development of 3.5 km Uttarahalli Main Road

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..