Kubera Corporates wins RITES platform upgradation contract

19 Jul 2024 CW Team

RITES Limited has issued a Letter of Acceptance (LoA) to M/s Kubera Corporates Pvt. Ltd. for significant platform upgradation works at Kollam Railway Station. This contract aims to enhance the station?s infrastructure and passenger amenities, improving accessibility and ensuring a more efficient and comfortable travel experience.

The project includes comprehensive platform upgrades, replacement and installation of new platform flooring, signage, information boards, and other engineering works. The redevelopment will be executed in Engineering, Procurement, and Construction (EPC) mode.

The contract is valued at Rs 130 million, with a completion timeline of 600 days.

This collaboration between RITES and Kubera Corporates represents a significant step towards modernising India's railway infrastructure. The project will not only improve passenger amenities and station facilities but also demonstrate the commitment of both organizations to enhancing travel experiences and supporting the nation?s development goals. (Source: PSU Connect)

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..