Construction Firm Fined Rs 5 Mn as Sarnath Road Collapses in Varanasi

18 Jul 2024 CW Team

A construction firm in Varanasi has been fined Rs 5 million after Sarnath Road collapsed, raising serious questions about infrastructure safety and maintenance practices. The incident has sparked widespread concerns among local residents and authorities regarding the quality and supervision of road construction projects in the city.

The collapse occurred in the Sarnath area, a significant pilgrimage site, impacting local traffic and causing inconvenience to commuters. Authorities responded swiftly to assess the damage and initiate remedial measures to restore normalcy.

The hefty fine imposed on the construction firm underscores the importance of stringent quality control measures and adherence to safety protocols in infrastructure projects. It serves as a deterrent against negligence and emphasises accountability in the construction sector.

Local officials have assured residents that steps will be taken to prevent such incidents in the future, including stricter monitoring of ongoing construction activities and periodic maintenance checks. The incident has prompted a review of infrastructure projects across Varanasi to identify potential risks and ensure timely corrective actions.

Ensuring the safety and reliability of roads and highways is crucial for the smooth functioning of urban areas and the safety of the public. The authorities are committed to learning from this incident and implementing necessary reforms to enhance infrastructure resilience and public trust in construction practices.

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..