Bengaluru to install 250-metre Skydeck near NICE Road

30 Jul 2024 CW Team

In a significant development, Karnataka Deputy Chief Minister D K Shivakumar announced that opposition leaders from Bengaluru have agreed to the installation of a 250-metre Skydeck near NICE Road. This declaration was made during a press conference at Vidhana Soudha following a meeting with Bengaluru's elected representatives.

Shivakumar, who also oversees Bengaluru Development, emphasized that the Skydeck project will require approximately 25 acres of land. Although locations near Kommaghatta and Bengaluru University were considered, they were ultimately rejected to avoid disrupting students. The NICE Road site was chosen, following the Supreme Court's directive for NICE to hand over 200 acres to the government.

Other infrastructure initiatives were discussed, including plans for tunnels and signal-free corridors. A tunnel road, stretching 18.5 km, will be constructed from Esteem Mall near Hebbal to Silk Board. This project will commence after Cabinet discussions and necessary land acquisitions. Additionally, plans for a West-to-East tunnel and 100 km of signal-free corridors are underway, with a budget of Rs 120 billion. (Source: Devdiscourse)

Infrastructure Urban

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..