Infra, With a Difference!

28 Jun 2023 CW Team

Welspun Enterprises has achieved a good set of numbers in FY23. Can you highlight the significant achievements? Also, what has been the impact of the Actis deal closure on your portfolio?
I believe that this is just the beginning of our growth journey and we expect to see healthy growth in future as well. Some of our significant achievements during the year include receiving Completion Certificates for three of our projects – Amravati-Akola (AM2), Chutmalpur-Ganeshpur (CGRG) and Chikhali-Tarsod Highway Road Project (CTHPL), in addition to securing Provisional Completion Certificate (PCOD-II) for Mukarba Chowk-Panipat Road Project (MCPRP), where we have completed 97 per cent of the total project length.

We have also secured an additional contract of Rs 16+ billion, as part of Varanasi-Aurangabad Road Project (VARP). In the Dharavi Wastewater Treatment project, we have completed design, engineering and planning works and have commenced resource mobilisation for construction at project site. Once completed, this will be India’s first and world’s second multi-tier Waste Water Treatment Facility, with state-of-the art technology and low footprint...

To read the full story, CLICK HERE

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..