NTUCT Appeals for Equity Compensation

01 Mar 2024 CW Team

The Nagaland Tribes Union Central Council (NTUCT) is making a fervent appeal to the state government and the National Highways Authority of India (NHAI) for equitable compensation in the wake of the ongoing four-lane project. The union, representing diverse tribes, stresses the need for a fair and just resolution as the infrastructure development progresses.

The NTUCT, cognizant of the transformative impact of the four-lane project, acknowledges the importance of such initiatives for regional growth and connectivity. However, the union is equally committed to safeguarding the rights and interests of the local communities affected by the project. In this pursuit, they emphasize the significance of equity compensation to mitigate the socio-economic impact on the residents.

This appeal comes against the backdrop of the ongoing development work that has led to the displacement of several communities. The NTUCT underlines the necessity of compensating affected individuals and communities adequately. They argue that a just compensation package is essential for ensuring that those displaced can rebuild their lives and livelihoods seamlessly.

The NTUCT's plea is grounded in the principle of fairness, seeking to strike a balance between progress and the welfare of the people. The union urges the state government and NHAI to consider the socio-economic landscape of the affected regions and tailor compensation packages accordingly.

As the four-lane project unfolds, the NTUCT remains steadfast in its commitment to advocating for the rights of the local population. The union aims to foster a constructive dialogue with the authorities to achieve a resolution that aligns with the principles of justice and equality.

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..