MoRTH inaugurates 16 NH projects worth over Rs 2k cr in Maharashtra

25 Apr 2022 CW Team

Nitin Gadkari, Minister for Road Transport and Highways, inaugurated and laid foundation stones for 16 National Highway (NH) projects worth Rs 2,460 crore in Jalgaon, Maharashtra.

He said that road connectivity is vital for the transportation and milling of agricultural commodities in Jalgaon district, an important hub for banana, cotton and sugarcane production and has the highest banana production in the country.

He said these road projects would improve the connectivity of Gujarat, Maharashtra, Odisha and Chhattisgarh districts. It will reduce traffic congestion in Muktainagar, Varangaon, Nasirabad, and Jalgaon.

Gadkari said that these projects would increase the pace of transportation, save fuel and time and will help in reducing traffic jams and accidents in Jalgaon city. The cement-concrete roads will provide relief from potholes.

Further, road connectivity with adjacent rural areas will be improved, and the construction of bridges under this project will make travelling easier and safer for riders.

Image Source

Also read: TDP MP urges MoRTH to construct three flyovers to avoid congestion

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..