NHAI closes Panchkula-Shimla Expressway approach road

29 Apr 2024 CW Team

The National Highways Authority of India (NHAI) announced that a stretch connecting Sector-12/12-A and Sector-20/21 dividing roads, which leads to the Panchkula-Shimla Expressway, was closed due to the ongoing construction of two underpasses on the national highway. It was stated by NHAI officials that individuals using these two stretches would need to seek alternate routes to reach their destinations. The NHAI officials further provided information, stating that the structures for the underpasses on the expressway had been completed. They mentioned that in order to connect these underpasses with Sector-12/12-A and Sector-20/21 dividing roads, approach roads on both sides would be demolished, allowing for the construction of a new road beneath the expressway. Additionally, they stated that a road above these underpasses would also be constructed and linked to the expressway.

According to the officials, the completion of this work was estimated to take at least three to four months. The NHAI initiated the construction of underpasses for both sides of the expressway on March 30, 2023. Although the deadline for completing the work was March 31, 2024, it has not yet been finished. The officials attributed the delay to heavy rainfall throughout the year, stating that the work would be concluded within the next three to four months.

Due to the closure of this stretch of the expressway, traffic towards the Sector-20 lights point under the expressway from the Sector-12-A/Industrial Area Phase-I dividing road will also be affected. For individuals traveling from Dhakoli to Sector-20, it was advised by the officials that they could utilize the newly constructed single-lane flyover towards Zirakpur. The closure of the road will likely inconvenience the residents of Sector-20, which has a high population density due to the presence of residential housing societies in the area.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..