Urban highways in Tamil Nadu will be upgraded for Rs 22 billion

21 Oct 2022 CW Team

M K Stalin, Chief Minister, Tamil Nadu, said that the government will repair urban roads at a cost of Rs 22 billion during the current legislative assembly session.

Other development initiatives for improving roads, schools, transportation, etc. were also launched by him. At a cost of Rs 22 billion, he declared, the state government would rehabilitate a 4,600 km stretch of deteriorated roads in metropolitan regions.

Later, he discussed more plans for the growth of schools. He said that 1,200 additional classrooms would be added to high and higher secondary schools at a cost of Rs 2.5 billion in the near future. Additionally, there will be construction at schools located in the state's rural areas. With an investment of Rs 8 billion, approximately 6,000 classrooms will be built for panchayat union primary and middle schools.

The Chief Minister further asserted that 78% of the earlier announcements made by his administration have become projects.

Also read:
TN seeks to rope in Singapore firms for housing projects
New rail station and skywalk scheduled for Chennai's southern region

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..