Shastripuram ROB Construction Enters Final Phase in Hyderabad

02 May 2025 CW Team

Construction of the 490-metre road overbridge (ROB) at Shastripuram in Hyderabad has entered its final phase, with 90 per cent of civil works completed, according to Greater Hyderabad Municipal Corporation (GHMC) officials. The project, launched in 2022 with a sanctioned cost of Rs 710 million, is expected to reduce severe congestion caused by the Uddamgadda level-crossing.

The ROB connects key areas such as Shastripuram, Vattepally, Kattedan and Bandlaguda, and provides vital access to National Highway 44, the PV Narasimha Rao Expressway, and Rajiv Gandhi International Airport. The GHMC has completed approach roads, while South Central Railway is finalising its 37.5-metre portion of the bridge by installing steel girders. Once handed over, GHMC expects to finish remaining works within six weeks, targeting an August opening.

So far, the town planning department has taken possession of 115 properties for the project, with 14 properties still under legal review. Officials expect the ROB to eliminate peak-hour traffic queues and significantly reduce detour distances for local commuters.

Source:Deccan Chronicle

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..