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Bengaluru-Shivamogga road in the fast lane
Bengaluru-Shivamogga road in the fast lane
BySridhar VivanSridhar Vivan / Updated: Apr 4, 2021, 06:00 IST
Revised
cost estimate for four-laning of Tumakuru-Shivamogga section gets the nod, so officials can get on with the work soon
Connectivity from
Bengaluru to
Shivamogga is set to improve as the Union Transport Ministry has finally approved the revised cost estimate of the four-laning of the much delayed Tumakuru-Shivamogga section. Currently, there are a six-lane (Bengaluru city to Nelamangala) and a four-lane (Nelamangala to Tumakuru by pass) road and from Tumakuru by pass to Shivamogga, it is mostly a two-laned road. Though the four-laning of this road had begun a few years ago, the land acquisition cost had delayed the project.
The dream run of Gautam Adani-led group companies continued on the bourses on the first day of the new financial year 2021-22 with Adani Transmission and Adani Total Gas stocks hitting their respective new highs, while Adani Enterprises was trading close to its record high.
Besides these stocks, Adani Power, Adani Green Energy (AGEL) and Adani Ports and Special Economic Zone were trading higher in the range of 2 per cent to 6 per cent. In comparison, the S&P BSE Sensex was up 0.28 per cent at 49,646 points at 12:09 pm. Gautam Adani family-controlled Adani Group was the biggest gainer on the bourses in 2020-21, amid the sharp surge in equity markets in a post-pandemic rally.