Coimbatore Opens New 805-Metre Valankulam Bund Road

21 Aug 2025 CW Team

A newly constructed 805-metre road along the Valankulam Bund in Coimbatore has been opened to traffic, creating an alternative link between Lanka Corner and Ukkadam. The stretch begins opposite the two-wheeler parking lot near the Lanka Corner railway bridge, runs alongside Valankulam Lake, and ends at the Vincent Road junction near the Ukkadam–Sungam bypass.

The road, designed for two-wheelers and cars, was inaugurated by Coimbatore MP Ganapathi P. Rajkumar, District Collector Pavankumar G. Giriyappanavar, and Corporation Commissioner M. Sivaguru Prabakaran.

Urban Mobility Initiative

The project forms part of Coimbatore Corporation’s urban mobility improvements, aimed at easing congestion and improving connectivity. The road offers an alternative to the Town Hall Junction and Vincent Road routes, which often face heavy traffic.

Traffic Management Measures

According to civic officials, the road will function as a one-way stretch from Lanka Corner to Ukkadam, restricted to two-wheelers and cars. This is expected to streamline flow for commuters travelling via Big Bazaar Road to Ukkadam and reduce pressure at the Good Shed Road and Big Bazaar Road junctions.

Earlier, at Lanka Corner where State Bank Road intersects Trichy Road, the Corporation trialled a roundabout system. Based on the assessment, traffic signals will be introduced, with the trial currently in progress.

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..