Madhav Infra Projects wins Rs 3.30-bn Surat solar project

Bengaluru-Chennai Expressway: 72km Karnataka Stretch Completed

The National Highways Authority of India (NHAI) has completed the 72-km stretch of the Bengaluru-Chennai Expressway that falls within Karnataka. The project, which faced delays due to local objections over the relocation of the Guddamma Temple at Jinnagara, has now moved past its final hurdle. After over two years of negotiations with villagers and the state government, NHAI successfully shifted the temple and constructed the remaining 500-meter section of the road. Despite the construction being completed, NHAI has yet to announce when motorists will be allowed to use the new road. The expres..

NHAI Officials Inspect NH 181 Ghat Section

Officials from the environment wing of the National Highways Authority of India (NHAI) inspected the ghat section of NH 181 between Kallar and Ooty on Monday, following a directive from the Madras High Court. The inspection was carried out in connection with a case concerning vertical cuttings made by the National Highways-Tamil Nadu state wing on the uphill side of the ghat road. The chief general manager of the NHAI's environmental wing, a respondent in the case, led the inspection of the 38-km stretch. During the visit, officials discovered multiple instances of illegal rock quarrying, wher..

Ashiana Housing reports Rs 75.5 million net loss in Q2 FY25

Ashiana Housing posted a net consolidated loss of Rs 75.5 million for the quarter ended September 30, 2024, marking a shift from the Rs 273.5 million profit recorded in the same period last year, according to a BSE filing. The company’s net consolidated total income dropped to Rs 595.3 million in Q2 FY25, compared to Rs 3.51 billion in the corresponding quarter of the previous fiscal. As of September 30, 2024, Ashiana Housing's financial metrics included a net worth of Rs 7.56 billion, a debt-equity ratio of 0.35, a current liability ratio of 0.85, a total debt-to-total-assets ratio of 0..