Tumakuru extension to be completed on schedule: Gadkari

27 Dec 2022 CW Team

The Bengaluru-Tumakuru highway extension project, work on phase one of which is underway, will be completed by the end of August 2025, Union Minister of Road Transport Nitin Gadkari has said. The project includes widening the existing Nelamangala-Tumakuru National Highway (44.04 km) from four lanes to 10 lanes at a cost of Rs 8.44 billion.

Gadkari told the Rajya Sabha recently, “The six-laning of the Nelamangala to Tumakuru section, including Tumakuru Bypass, of National Highway-48 has been divided into two phases. The first phase comprises the construction of service roads, and the second phase, construction of the main carriageway. Construction work in phase one has started, and the originally scheduled completion date for the entire project is August 24, 2025.”

When the extension is complete, the Bengaluru-Tumakuru highway will become the third 10-lane expressway for Bengaluru after the Bengaluru-Nelamangala, and Bengaluru-Mysuru highways.

The greenfield highway project, which has been taken up under the Bharatmala scheme, will consist of 17 flyovers, including railway overbridges. It will include a six-lane expressway with four-lane service roads on either side. This will be a big boost for the industries and residential areas, including the Sompura Industrial Area which has more than 500 industries.

The project will also provide better connectivity to Bengaluru’s Kempegowda International Airport. Moreover, along with the Bengaluru Satellite Ring Road, it will benefit Nelamangala, Doddaballapur, and Devanahalli satellite towns.

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..