TARC Faces Rs 52 Crore Loss

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..

Brigade Enterprises' net profit rises 2.29% in Q2 FY25

Brigade Enterprises reported a 2.29% increase in net consolidated profit for the quarter ended September 30, 2024, with profit after tax reaching Rs 1.15 billion compared to Rs 1.12 billion in the same period last year, as per a BSE filing. The company's net consolidated total income fell by 19.16%, amounting to Rs 11.38 billion in Q2 FY25, down from Rs 14.07 billion in the corresponding quarter of FY24. Managing Director Pavitra Shankar highlighted, "We have upcoming projects spanning approximately 13 million sq ft over the next four quarters, including developments in Bengaluru, Chennai,..