TDB Plans Solar Power Plant Installation at Sabarimala
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Reliance Back on Growth Path, Multiple Catalysts to Drive Performance
Reliance Industries, India’s most valuable company, has returned to a growth trajectory after six months of challenges, as it reported better-than-expected earnings for the December quarter, according to brokerages. The oil-to-telecom-and-retail conglomerate achieved its highest-ever EBITDA of Rs 438 billion during October-December 2024, the third quarter of the FY25 fiscal, surpassing estimates due to strong performances across all segments. This growth was notably driven by the robust performance of its oil-to-chemical (O2C) segment and a recovery in consumer retail. "Reliance is back on..
Hyderabad Airport Metro MD Inspects Medchal and Shamirpet Rail Corridors
NVS Reddy, Managing Director of Hyderabad Airport Metro (HAML), alongside senior engineers and technical consultants, inspected the Metro Rail corridors to Medchal and Shamirpet to resolve technical alignment issues, according to an official press release. Due to the steep curvature of the road from Paradise to Bowenpally and airport authorities’ insistence, the HMDA elevated corridor’s alignment passes below the runway of Begumpet Airport for about 600 metres through a tunnel. However, integrating the Metro Rail corridor with this plan poses significant engineering challenges. To addr..
Hyderabad Metro Unveils Second Phase Route Map
Hyderabad Metro Rail (HMRL) unveiled the route map for the second phase of the metro expansion on 19 January, which will connect Miyapur to Patancheru. The new route will span 13.4 km and include ten proposed stations: Miyapur, Alwyn X Road, Madinaguda, Chanda Nagar, Jyoti Nagar, BHEL, RC Puram, Beeramguda, and Patancheru. Station names are tentative and subject to change. This expansion aims to ease traffic congestion and improve connectivity for Hyderabad residents. The metro’s overall reach will increase to approximately 50 km, connecting Patancheru to Hayathnagar. Previously, HMRL reve..