FASTag records highest ever collection in a day

26 Dec 2020 Editorial Team

The toll collection through FASTag first time crossed Rs 80 crore per day on 24 December 2020 with record 50 lakh FASTag transactions per day. Approximately 2.20 crore FASTag have been issued till date. With FASTag being mandatory for vehicles from 1 January 2021, the NHAI has made arrangements to provide seamless movement of vehicles at fee plazas. Adoption of FASTag has helped highway users to save time and fuel at the toll plazas. The digital transaction has got necessary push through the recent amendment in Central Motor Vehicle Rules.

FASTag is available at over 30,000 points of sale (PoS) across the country and mandatorily available at NHAI toll plazas. It is also available online through Amazon, Flipkart, and Snapdeal. The programme has partnered with 27 issuer banks and, has included several options to simplify its recharge facility such as Bharat Bill Payment System (BBPS), UPI, Online payments, My FASTag Mobile App, PAYTM, Google pay and others. In addition, cash recharge facility is also being provided at Point of Sales (PoS) at Toll Plazas for convenience of users.

FASTag uses Radio-frequency Identification (RFID) technology that provide users a smooth and effortless cross-over at Toll plazas without waiting/halting. The payment is made digitally through the FASTag linked to the bank wallet.

Image Source

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..