VMC initiates Rs 130 million road development projects

28 Nov 2024 CW Team

The Vadodara Municipal Corporation (VMC) initiated five road projects to enhance commuting in the eastern parts of the city. These projects involve road improvement and construction efforts.

One project focuses on resurfacing the road from Mangleshwar Jhampa to Champaner Road, while another aims to develop the road from Mangleshwar Jhampa to Sangam Circle, enhancing connectivity between the old city and the Sangam Circle area. The cost of these two projects is estimated at Rs 60.35 million.

Additionally, work commenced on resurfacing the road from the RTO to Warasiya via Jalaram Hospital, which is expected to be developed at a cost of Rs 10.93 million. Two other projects include roads starting from Ved Residency 2 in the eastern region, connecting the area to Rudraksh Elegance and the National Highway, with an estimated cost of Rs 40.6 million.

The combined expenditure for all five projects is projected to be Rs 120.89 million. Sources mentioned that more road projects are planned for the near future.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..