Cabinet Approves Eight Rail Projects Across Seven States

13 Aug 2024 CW Team

The Indian Cabinet has approved eight new rail projects spanning seven states, with a total investment of ?24,657 crore. These projects aim to enhance rail connectivity and infrastructure across the country.

Key Details:

Project Approval: The Cabinet?s approval covers eight significant rail projects, reflecting a substantial investment in the expansion and modernization of India?s rail network.

Investment: The total investment for these projects amounts to ?24,657 crore, underscoring the government?s commitment to improving rail infrastructure.

Geographical Reach: The projects will be implemented across seven states, addressing various regional connectivity needs and contributing to balanced infrastructure development.

Infrastructure Development: The approved projects are expected to enhance rail connectivity, reduce travel times, and support economic growth by improving logistics and transportation networks.

Impact and Benefits: These rail projects are anticipated to boost regional development, create job opportunities, and facilitate more efficient movement of goods and passengers.

Overall, the Cabinet?s approval of these rail projects marks a significant step in advancing India?s rail infrastructure, supporting comprehensive growth and development across multiple states.

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..