Katni Bypass Road project handed back to the authority

22 Aug 2022 CW Team

Ashoka-DSC Katni Bypass Road (SPV) is implementing the project to carry on the business of building, erection, construction, developing, maintaining and operation of the infrastructure project of roads and bridges of Katni Bypass on NH 7 from 361/2 km to 378/6 km around Katni town in Madhya Pradesh in India on BOT basis or any other basis as per various rules and regulations on behalf of MORTH and State PWD.

The SPV has handed over the project back to the Authority on 18 August 2022 at 00.00 hours at midnight, after the expiry of the concession period successfully as per the terms of the concession agreement and as per the claims awarded by Arbitral Tribunal and interim Orders of High Court of Delhi.

The toll income of the same is not recognised as revenue since the matter is sub judice from 17 September 2014. The SPV will continue to pursue its pending claims of the project with the Authority through conciliation mode for settlement.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..