BMC Studies Coastal Road Access for Malabar Hill

22 Feb 2025 CW Team

The Brihanmumbai Municipal Corporation (BMC) will conduct a traffic feasibility study at Malabar Hill’s Nepean Sea Road to assess the possibility of constructing a new vehicular arm for the Mumbai Coastal Road. This comes after repeated demands from local residents and intervention by Cabinet Minister Mangal Prabhat Lodha.

Currently, the Coastal Road has three interchanges at Amarson’s, Haji Ali, and Worli, with Amarson’s being the nearest for Breach Candy residents. However, there is no direct access for Nepean Sea Road, leading to congestion at the Amarson’s interchange.

“Local residents have been demanding for an additional vehicular arm from coastal road considering there’s severe congestion faced by motorists exiting the Amarson’s interchange. I have discussed this proposal with the chief minister also and he is supportive. Therefore, steps should be taken up to go ahead with the project,” Lodha said on Thursday.

Senior civic officials acknowledged the feasibility of the project but warned of additional costs. They also noted that any design changes would require Supreme Court approval, as modifications could impact the existing underpasses.

Lodha has also instructed the BMC to construct a parking lot in Breach Candy to ease parking woes. However, a previous parking project near the Coastal Road was halted due to local protests.

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..