Maharashtra to Mandate FASTag for All Vehicles from April 1

09 Jan 2025 CW Team

The Maharashtra Cabinet has announced that starting April 1, FASTag stickers will be mandatory for all vehicles in the state. In line with this, the government plans to amend the Public-Private Partnership Policy of 2014 to streamline infrastructure development and toll collection under the new directive.

The move is aimed at promoting digital payments and reducing congestion at toll booths, thereby improving efficiency across Maharashtra’s road network. Officials emphasised that the implementation of FASTag is crucial for simplifying toll payments and easing traffic flow.

Additionally, the National Payments Corporation of India (NPCI) has introduced updated guidelines to support the wider adoption of FASTag.

This development follows the National Highways Authority of India’s (NHAI) initiative, "One Vehicle, One FASTag," launched on April 1, 2024. The initiative seeks to prevent the misuse of FASTags, such as issuing multiple tags for a single vehicle or linking several FASTags to one vehicle. The NHAI introduced this measure due to concerns over the issuance of FASTags without completing the mandatory KYC process, violating Reserve Bank of India (RBI) guidelines.

(India Today)

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..