Amaravati Railway Line Project Accelerates

07 Nov 2024 CW Team

The land acquisition process for the Amaravati railway line project in Andhra Pradesh is set to be expedited, with local authorities aiming to facilitate swift completion of the project. The Amaravati railway line, expected to connect the capital region more effectively with other parts of Andhra Pradesh, is crucial for improving accessibility and supporting economic growth in the area.

The project, which has faced delays due to protracted land acquisition procedures, has been prioritized by state and central officials to ensure timely completion. Streamlining land acquisition will not only reduce construction delays but also minimize disruptions for affected residents. The move aligns with the government’s broader infrastructure development plans, as faster connectivity to Amaravati is expected to stimulate local business, ease transportation for residents, and create new economic opportunities.

Local authorities are working closely with the Indian Railways to address any outstanding land disputes and implement fair compensation mechanisms. This expedited approach is anticipated to enhance confidence in regional development projects and set a precedent for efficient land acquisition in future infrastructure initiatives.

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..