Cabinet Clears Rs 248.15 Billion Rail Expansion

20 Apr 2026 CW Team

The Cabinet Committee on Economic Affairs has approved two major railway multitracking projects worth Rs 248.15 billion across Uttar Pradesh and Andhra Pradesh. The schemes will add around 601 km to the Indian Railways network and are targeted for completion by 2030–31.

The approved works include the Ghaziabad–Sitapur third and fourth line project and the Rajahmundry (Nidadavolu)–Visakhapatnam (Duvvada) third and fourth line project. The projects aim to ease congestion, improve freight movement, enhance passenger connectivity and support movement of commodities such as coal, cement, foodgrains, steel and fertilisers. They are also expected to lower logistics costs and reduce carbon emissions.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

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Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..