CRS Inspects Newly Doubled Nawada-Tilaiya Rail Section in ECR

07 Feb 2025 CW Team

The Commissioner of Railway Safety (CRS), Eastern Circle, Kolkata, Suvomoy Mitra conducted an inspection of the newly doubled Nawada-Tilaiya section under the Kiul-Gaya doubling project in Danapur Division. The inspection included a thorough assessment of the newly constructed double line and bridges in the section. As part of the evaluation, a speed trial was successfully carried out at 120 km/h using a special train between Nawada and Tilaiya.

The inspection was attended by the Divisional Railway Manager (DRM) of Danapur Division, Jayant Kumar Choudhary, along with senior officials from the Construction department. Their presence underscored the significance of the project in enhancing rail infrastructure in the region.

Following the approval from the CRS, train operations will commence on the newly doubled section, facilitating improved connectivity and operational efficiency.

The Kiul-Gaya rail section, spanning 124 km, was approved for doubling in the 2015-16 period at an estimated cost of Rs 12 billion. The project's completion is expected to enhance train speeds, contributing to increased efficiency in rail transport and supporting industrial development in the region.

News source: Millennium Post

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..