Economy & Market

Agra Metro Rail Project to be completed by 2024

Published

3 years ago

April 28, 2022

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By 2024, the residents of Taj Nagri would also be able to travel by metro

The Agra Metro Rail project construction work under the Uttar Pradesh Metro Rail Corporation (UPMRC) started to pick up the pace. Upon the completion of the elevated stations of the metro, the authorities have started working on the underground stations.The central and state governments are working on the plans for the expansion of the metro rail service. The work on underground stations was inaugurated on Monday by the MD of Uttar Pradesh Metro Rail Corporation, Kumar Keshav. The first havan (ritual) was performed at the underground station to be approximately 6 km from Taj East Gate and Jama Masjid.Besides, under construction metro tracks and metro stations on Fatehabad Road in Agra are beginning to take shape.Uttar Pradesh Metro Rail Corporation (UPMRC), MD, Kumar Keshav said that seven underground stations shall be built.Kumar Keshav said that building an underground station is a tedious task. After the completion of this project, the construction work of the underground station at Jama Masjid will commence. All the stations would be connected to the elevated station.MD Kumar Keshav said that the pace of the metro work is very admirable and that the project is expected to be completed within the stipulated time.Over half of the metro work is completed on Fatehabad Road. Currently, underground stations are being set up. In the next two years, all the stations would be ready for operations. By 2024, the residents of Taj Nagri would also be able to travel by metro.

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Concrete

Shree Cement reports 2025 financial year results

Published

4 days ago

June 17, 2025

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

4 days ago

June 17, 2025

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

Concrete

India’s cement consumption set to rise

Published

4 days ago

June 17, 2025

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/