Worli Sea Face Returns as 7.5-Km Coastal Promenade

30 May 2025 CW Team

Prime Minister Narendra Modi is set to inaugurate and lay foundation stones for development projects worth over Rs 700 billion during his two-day visit to Sikkim, West Bengal, Bihar, and Uttar Pradesh on May twenty-nine and thirty.

In Sikkim, PM Modi will launch multiple initiatives, including a Rs 7.5 billion hospital in Namchi, a passenger ropeway in Pelling, and a statue of Bharat Ratna Atal Bihari Vajpayee in Gangtok. He will also release commemorative items to mark fifty years of Sikkim's statehood.

In West Bengal, a Rs 10.1 billion city gas project in Alipurduar and Cooch Behar will supply piped gas to over 250,000 households and set up nineteen compressed natural gas stations.

Later in Bihar, he will inaugurate Patna Airport’s new terminal and lay the foundation for a Rs 14.1 billion civil enclave at Bihta. On May thirty, he will visit Karakat to launch projects worth Rs 485.2 billion, including a Rs 299.3 billion thermal power plant in Nabinagar.

In Uttar Pradesh, projects totalling Rs 209 billion include metro rail work in Kanpur, power substations in Greater Noida, and the Rs 83 billion Panki Thermal Power Project.

Source:Business Standard

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..