BMC’s Rs 20 bn megaproject to transform Mithi River

09 Aug 2022 CW Team

The BrihanMumbai Municipal Corporation (BMC) has launched a massive Rs 20 billion project stretched over a period of four years to overhaul the 17.8 km-long Mithi river.

The main goals of the massive construction projects are to stop the Mithi from overflowing during heavy rains, enter its low-lying surroundings like Sion, Chunabhatti, Kurla, and Ghatkopar, and improve the banks' aesthetics.

The initiative, entitled the "Mithi River Water Quality Improvement Project," officially began on October 1. BMC will put 26 floodgates in the river, which originates at Vihar Lake and joins the Arabian Sea at the Mahim Causeway, in accordance with the plan's concept.

The installation of sluices, estimated at Rs 10.3 billion, is intended to stop the seasonal flooding of localities including Kranti Nagar, Bail Bazaar, and Taximen's Colony.

Infrastructure Urban

13 May 2026

Eicher Pro X EV Completes Kashmir–Kanyakumari Run, Sets 4 Records

Eicher Trucks & Buses has launched its proof-led #XpertHaiTohPossibleHai K2K campaign to build confidence in electric commercial vehicles by demonstrating real-world performance of the Eicher Pro X EV. The company said the vehicle became the first and fastest electric commercial vehicle to complete the Kashmir–Kanyakumari journey under fully loaded conditions.The 4,100-km expedition from Srinagar’s Lal Chowk to Kanyakumari was completed in six days, covering diverse terrains and temperatures ranging from -2°C to 40°C. The campaign also set four benchmarks recognised by the India Book..

Mekr Raises Rs 67 Crore Series A Funding Led by Avaana Capital

Mekr Technologies, a full-stack consumer electronics and appliance design and manufacturing platform, has raised Rs 67 crore in a Series A funding round led by Avaana Capital, with participation from Titan Capital Winners Fund.Founded in 2022 by Anand Yadav and Gaurang Kuchhal, Mekr is developing an integrated operating system for India’s domestic appliance ecosystem, offering end-to-end product lifecycle solutions from concept and prototyping to tooling, certification and mass manufacturing. The company said its modular architecture and tightly integrated workflows help brands bring energy-..

Syrma SGS Posts Strong Q4FY26 Performance; Revenue Touches Rs 14,768 Million

Syrma SGS Technology Ltd, a key player in India’s electronics manufacturing and design ecosystem, reported a robust financial performance for the quarter ended March 31, 2026. The company recorded revenue of Rs 14,768 million in Q4FY26, supported by strong demand across key verticals and improved operational efficiency.The company also posted a sharp improvement in profitability, with EBITDA rising 43% year-on-year, while profit after tax (PAT) surged 67% year-on-year, reflecting stronger execution and better margin performance.Commenting on the results, Jasbir Singh Gujral, Managing Directo..