Kasarwadavli-Gaimukh Metro 4A Completion Delayed to April 2025

20 Jan 2025 CW Team

The completion of the Kasarwadavli-Gaimukh Metro 4A corridor has been delayed to April 2025, surpassing the original deadline of March 2024, according to a reply from the Mumbai Metropolitan Region Development Authority (MMRDA) to an RTI query. The delay has caused a cost escalation of Rs 630 million, raising the project’s total cost from Rs 4.4 billion to Rs 5.03 billion.

Mumbai-based activist Anil Galgali, who filed the RTI, expressed concerns over the prolonged construction timeline. “I have witnessed significant traffic congestion on Ghodbunder Road due to the ongoing Metro 4A work. The delay has caused massive inconvenience to commuters,” said Galgali.

The project, initiated in September 2019, was expected to alleviate pressure on the state highway and serve as a vital commuting alternative. However, the timeline extension has disrupted plans. The contractor has been penalized Rs 2.2 million for the delay, but the MMRDA did not disclose the reasons behind the setbacks.

As traffic snarls persist and costs mount, commuters eagerly await the Metro 4A’s completion, which is expected to significantly improve connectivity in the region.

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..