Work underway on Smart City in Visakhapatnam worth Rs.9.42 billi
SMART CITIES

Work underway on Smart City in Visakhapatnam worth Rs.9.42 billi

Under the Smart Cities Mission in Visakhapatnam, jointly owned Special Purpose Vehicles (SPVs) by state governments and urban local bodies have achieved completion of 36 out of 61 projects, sanctioned...

Under the Smart Cities Mission in Visakhapatnam, jointly owned Special Purpose Vehicles (SPVs) by state governments and urban local bodies have achieved completion of 36 out of 61 projects, sanctioned with Rs.9.42 billion. Notable among these is the Visakhapatnam Metropolitan Region Development Authority's (VMRDA) 33-acre smart park, equipped with recreational features like food courts, badminton arenas and play zones. Around Rs 307.6 million has been invested in this project. Additionally, the Greater Visakhapatnam Smart City Corporation (GVSCCL) has developed a multi-level car park and indoor sports arena with a seating capacity of 294. Contact: Visakhapatnam Metropolitan Region Development Authority's (VMRDA) Tel: 0891-2754133 E-mail: mcvmrda@gmail.com Website: www.vmrda.gov.in

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Panasonic Showcases Connected Display Solutions

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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..

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