Chennai Metro Rail inks pact with Aarvee for Rs 17.4 mn metro corridor

29 Jul 2024 CW Team

Chennai Metro Rail Ltd has signed a contract with Aarvee Associates Architects Engineers & Consultants Pvt Ltd to prepare a Detailed Project Report (DPR) for the metro corridor from Poonamallee to Parandur, which will include 19 elevated stations. The contract is valued at Rs 17.4 million (excluding GST) and is expected to be completed by November 2024.

The proposed 43.63 km corridor will pass through Thirumazhisai and Sriperambudur, connecting to the planned greenfield airport at Parandur. This initiative is part of Chennai Metro Rail's phase II project, which is already progressing between Poonamallee and Porur.

The DPR preparation will take into account recent developments, such as the new airport at Parandur and the proposed bus terminus at Thirumazhisai, along with the future growth potential along the corridor. The project will involve over 100 boreholes for soil investigation and a topographical survey using drones along the entire length.

An extensive alignment study during the DPR stage will finalise the total number of stations and land requirements. This project aims to enhance connectivity and support future growth in the region. (Source: BusinessLine)

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..