PM Modi Inaugurates Mumbai Metro 3 Final Phase, 33.5 km Aqua Line

13 Oct 2025 CW Team

Prime Minister Narendra Modi inaugurated the final phase of Mumbai’s first fully underground Metro 3, making the 33.5 km Aqua Line operational. The line connects Aarey in North Mumbai to Colaba in South Mumbai, aiming to ease congestion on suburban trains and roads.

The final stretch, spanning 11.2 km from Acharya Atre Chowk in Worli to Cuffe Parade, provides connectivity to six major business centres, including Nariman Point, Cuffe Parade, Fort, Lower Parel, BKC, and SEEPZ/MIDC. According to Mumbai Metro Rail Corporation (MMRC), the stretch also links areas such as Kalbadevi, Girgaum, Worli, and both international and intra-state airports that were previously unconnected to the Mumbai railway network.

Infrastructure Urban

11 Nov 2025

Karnataka Bank Posts Rs 3.19 Bn Net Profit in Q2 FY26, Up 9% QoQ

Karnataka Bank has reported a quarterly net profit of Rs 3.19 billion for the quarter ended September 2025, marking a 9.1 per cent QoQ increase compared to Rs 2.92 billion in Q1 FY26. The Board of Directors approved the financial results for the quarter and half year at its meeting held in Mangaluru.For the half year ended September 2025, the Bank recorded a net profit of Rs 6.11 billion, compared with Rs 7.36 billion reported during the same period last year.In Q2 FY26, the Bank’s Net Interest Income (NII) stood at Rs 7.28 billion. Asset quality improved further, with Gross NPA reducing to ..

IndiQube Delivers Strong Q2 with Rs 280 Million PAT

IndiQube Spaces, one of India’s leading tech-enabled workspace solutions providers, announced its financial results for the quarter and half year ended 30 September 2025, delivering strong growth across revenue, profitability, and operational metrics.Commenting on the performance, Rishi Das, Co-founder & CEO, IndiQube, said, “Our growth momentum continues to strengthen as we posted our highest-ever half-yearly revenue of Rs 6.68 billion in H1 FY26. With 96 per cent of this revenue being recurring and operating cash flows rising to Rs 1.51 billion, we have built a strong foundation for ..

Rossell Techsys Announces Rs 3 Billion Fundraise

Rossell Techsys, a leading provider of high-reliability engineering and manufacturing solutions for the aerospace and defence sector, announced that its Board of Directors has approved a fundraise of up to Rs 3 billion. The capital will be raised through fully paid-up equity shares and/or other eligible securities, including a Qualified Institutions Placement (QIP), in accordance with applicable regulations.The Company is evaluating multiple avenues for organic expansion and anticipates strong growth across its existing business lines. The proposed QIP will enable Rossell Techsys to strengthen..