Gadkari inaugurates 4-deck flyover in Ahmednagar

22 Nov 2022 CW Team

Union Minister for Road Transport and Highways Nitin Gadkari inaugurated the 3-km-long, four-deck flyover in Ahmednagar, built by the National Highways Authority of India (NHAI), on Sunday.

Gadkari said with the greenfield expressway constructed from Mumbai to Delhi, Ahmednagar will be on the map of the country in the future. Of the greenfield expressway to Chennai from Surat-Nashik-Nagar-Solapur, 141 km is in Ahmednagar district.

The project is worth Rs 800 billion. It is now possible to set up logistics parks wherever possible in the district, which will boost the development of the district. “We are building this highway with Axis Control. At present, its length is 1,600 km. Mumbai-Pune, along with Thane, Kolhapur, and Solapur, will also have reduced traffic, distances, and pollution,” Gadkari said.

New Pune-Aurangabad highway work will be done in the coming period. A 56-km highway will be made between Ramwadi-Wagholi and Shirur to avoid heavy traffic congestion on the existing Pune-Ahmednagar route between Wagholi, Shikrapur, Ranjangaon MIDC and Shirur, he said.

Infrastructure Urban

06 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..