PMK asks NHAI not to drop elevated corridor plan

07 Jun 2024 CW Team

In response to criticism about the project's expense, the PMK asked the National Highways Authority of India (NHAI) in a statement released on Monday to keep moving on with the 27-km elevated corridor between Perungalathur and Chengalpattu. The party advocated that, given the project's advantages, the state and federal governments split the project's costs. The party made its announcement in response to news of a plan to remove the six-lane elevated carriageway on GST Road. Dr. Ramadoss, the creator of PMK, stated that around Rs 0.1 billion in cars travel on the GST road each day, with a 50% increase during vacations. He said that there were more severe traffic bottlenecks between Chengalpattu and Chennai on such days. Dr. Ramadoss said that building the corridor is the only way to reduce traffic on GST Road. He stated that the projected growth and economic advantages of the project should be evaluated in relation to its Rs 35.23 billion cost.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..