Delhi-Mumbai Expressway Faces Delays Due to Gujarat Setbacks

17 Feb 2025 CW Team

The completion of the Delhi-Mumbai Expressway has hit delays, primarily due to construction setbacks in Gujarat. Initially scheduled for completion in March 2024, the deadline was extended to October 2025, but recent assessments suggest the project may not be fully operational until 2027. The 1,386-km expressway has seen significant progress in Haryana and Rajasthan, with the latter expected to be completed by March-April 2026. However, three critical sections in Gujarat, covering 87 km, remain a major obstacle. One 35-km stretch has seen no physical progress, while the other two sections have achieved only 7% and 35% completion, respectively. Union Road Transport Minister Nitin Gadkari has reviewed the project and urged officials to expedite construction. Meanwhile, in Maharashtra, most expressway segments are expected to be completed by year-end, except for a 21-km link to Jawaharlal Nehru Port. Once completed, the Rs1 trillion expressway will cut travel time between Delhi and Mumbai to 12 hours. However, ongoing challenges in Gujarat indicate that full operationalization is unlikely before 2027. (moneycontrol)

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..