Telangana CM lays foundation for airport metro project

12 Dec 2022 CW Team

Telangana Chief Minister K Chandrasekhar Rao last week laid the foundation stone for the 31-km Hyderabad Airport Metro Rail project. Between Mindspace junction and Shamshabad Airport (Hyderabad International Airport), the metro arm would cost approximately Rs 62.50 billion, Rao said.

The project entails a 27 km elevated route and 2.5 km underground passage. It is funded by the state government, the GMR group, and the Hyderabad Metropolitan Development Authority (HMDA).

“Mass transport and metro rail are the only traffic- and pollution-free systems in the world. There is a need to expand this in Hyderabad also. Whether the Central government cooperates or not, we will create better connectivity in the city,” Rao said. Complimenting the officials for their efforts to make the Airport Metro a reality, Rao said Hyderabad, which is known as a true cosmopolitan city not discriminating between religions and communities, has now become a global city.

Hyderabad was not appropriately developed during earlier regimes in undivided Andhra Pradesh, he alleged. He stressed the need to increase greenery further in the city.

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..