Plans for Delhi Metro's red line extension were approved

20 Jun 2024 CW Team

A Raj Niwas statement stated that the Ministry of Housing and Urban Affairs-DDA proposal for the building of the Rithala-Narela-Kundli metro route has been approved by the Centre. It stated that Delhi Lieutenant Governor V. K. Saxena has discussed the building of this metro route with the Centre on several occasions. According to the announcement, the construction of the Rithala-Narela-Kundli metro line would cost Rs 62 billion, of which the Delhi component is expected to cost Rs 56 billion crore and the Haryana portion Rs 5 billion. The current red line is intended to be extended along this area.

The national government is going to cover over forty % of the cost of the Delhi component. The remaining expenses will be covered by the Delhi Development Authority (DDA), which will contribute Rs 1,000 crore. According to the statement, 37.5% of the capital will come from bilateral and multilateral loans, while the Delhi government will provide around 20%. Eighty % of the subsidies for the Haryana component will come from the state government, with the remaining twenty % coming from grants from the national government.

Within four years, this 26.5-km route with 21 stops will be finished. According to the statement, it will significantly increase the areas of Narela, Bawana, and Alipur's connectivity with the rest of the city and spark an infrastructural boom.

Infrastructure Urban

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..