Kolkata Metro: Joka-Majerhat corridor construction started

27 Jun 2024 CW Team

Construction to connect the Metro Rail?s Joka-Majerhat stretch in the southern outskirts of Calcutta with the heart of the city is progressing rapidly.

A statement from Calcutta Metro announced that the construction work has commenced on the Mominpur to Park Street segment of the Purple Line.

Construction for the Victoria Metro station is proceeding smoothly. Special measures are being taken to monitor and control vibration levels to protect the nearby Victoria Memorial Hall.

Some trees at the station site were obstructing construction. These trees have been transplanted to a nearby area following all stipulated norms. A total of 22 trees have been relocated to Kamardanga railway land in the eastern part of Kolkata.

For tunneling work on the Khidderpore to Park Street stretch, two Tunnel Boring Machines (TBMs) will be deployed from the Khidderpore launching shaft. Currently, the construction of this launching shaft within the St. Thomas School premises at Khidderpore is underway.

The Purple Line will eventually connect Joka with Esplanade.

(Source: The Telegraph India)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..