Minister Urges Support for Kurnool Road Widening Project

04 Nov 2025 CW Team

Minister for Industries and Commerce T.G. Bharath has urged land and property owners in Kurnool to cooperate with the government’s road widening project from Kids World to Budhawarpet Bridge, aimed at easing growing traffic congestion in the city.

Speaking at a meeting with affected property owners on Thursday, the minister said traffic volumes in Kurnool were increasing daily, making the expansion of major roads vital for smooth vehicular movement. He noted that the widening of the Kids World–Budhawarpet Bridge stretch had been pending for several years, and with public cooperation, the project could finally be completed swiftly.

Bharath stated that approximately 180 properties would be impacted by the expansion, which proposes to increase the road width to 50 feet. In the first phase, work will begin on a 175-metre stretch. He assured property owners that the government would provide fair and transparent compensation for all affected structures.

Under the proposed compensation plan, landowners will receive transferable development rights (TDR) bonds valued at four times the property’s worth, while the Roads and Buildings Department will compensate for damaged buildings. Those who lose their entire properties will be allotted alternative plots within city limits.

The minister also emphasised that officials would address all concerns raised by affected owners and ensure that no one is treated unfairly. “The government’s objective is to ensure justice for every citizen while driving infrastructure growth,” he said.

Bharath called on residents to extend their full support to the initiative, stressing that the project is crucial for the overall development of Kurnool city and for improving road safety and accessibility.

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..