MRIDCL awaits final approval for Semi-High speed project

01 Jul 2022 CW Team

Maharashtra Rail Infrastructure Development Corporation Limited (MRIDCL) said that out of 1,450 hectares of land required for this project, 30 hectares of private land has been acquired.

Additionally, the process of acquiring public and forest land is ongoing. The proposal has been presented to the Union Cabinet for approval after receiving NITI Commission approval.

There is no direct route that connects Nashik with Pune. Travel takes at least six hours. The Railway Ministry has chosen to put the semi-high speed concept into practise to shorten the travel duration. The districts of Pune, Nashik, and Ahmednagar would be crossed by this route. 1,450 hectares of land from 102 localities is required for this. A joint measurement survey for land acquisition and alignment has been completed.

The NITI Commission approved the project in April. According to sources, the Union Cabinet will soon give the final approval.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..