New station planned at Bengaluru airport

16 Oct 2023 CW Team

Chennai Metro Rail Ltd (CMRL) has taken a significant step in advancing its infrastructure with the signing of a contract agreement with TATA Projects for the construction of five underground stations. This noteworthy development comes as part of a tender funded by the Japan International Cooperation Agency (JICA).

The scope of this project encompasses the construction of underground stations at key locations, including Kolathur Junction Metro, Srinivasa Nagar Metro, Villivakkam Metro (near Sub-urban), Villivakkam Bus Terminus Metro, and Villivakkam MTH Road Metro. The work to be undertaken involves the creation of entry/exit points, ventilation shafts, plumbing, earthmat installation, architectural finishes, and the installation of signages. Moreover, the project encompasses the construction of twin-bored tunnels, connecting Kolathur Junction Retrieval Shaft to Villivakkam MTH Road launching shaft and associated ramps, forming a U-Section within Corridor-5 of CMRL Phase II.

With the successful award of this contract, known as UGO6, CMRL has achieved a remarkable milestone - completing 100% of the award of civil and track contracts for Phase-II of the project. Phase-II is set to expand the metro network by 116.1 kilometers, connecting various parts of the city with a comprehensive metro system spanning three corridors.

This accomplishment represents a substantial leap forward in the city's commitment to enhancing urban mobility and public transportation infrastructure, ultimately benefiting the residents and commuters of Chennai.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..