Chennai To Rebuild Kodungaiyur Canal Bridge Before Monsoon

02 Jul 2025 CW Team

Determined to avert a repeat of past inundations, the Greater Chennai Corporation has invited bids to demolish and rebuild the low lying bridge across the Kodungaiyur canal at South Avenue. Estimated at Rs 2.5 crore, the project will raise the bridge deck and widen the sluice, giving floodwater a clearer passage and shielding nearby areas such as Muthamil Nagar, which previously found itself waist deep during heavy rain.

Councillor S. Jeevan, who pressed for the upgrade in recent council sessions, said the higher span should reconnect residents who were often marooned when water overtopped the old structure. The winning contractor is expected to begin work in July and finish before the northeast monsoon.

The bridge reconstruction forms part of a broader flood defence push that includes clearing plastic waste from drains, elevating canal walls and lining channels to speed run off. Corporation officials say these combined measures should make the city far more resilient when the rains arrive.

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..