Madurai corpn taps ad agencies to light up city roads
Under the new arrangement, agencies allowed to erect hoardings on stretches like Anna Nagar, K K Nagar, Kamarajar Salai, TPK Road, and Sellur must also install LED streetlights on the same poles. They will cover both installation and maintenance, as well as electricity costs — a move the corporation says benefits both public safety and its coffers.
"Since these agencies seek permission for hoarding poles, we've asked them to mount lights on the same structures and ensure proper upkeep," corporation commissioner Chitra Vijayan told TOI.
"Their electricity consumption will also be at their own expense, reducing the civic body's recurring costs."
Officials noted that with limited staff and overlapping responsibilities in road and construction work, monitoring streetlights has been inconsistent. To address this, the corporation's town planning wing has integrated lighting responsibilities into advertising contracts. So far, three agencies have signed formal agreements to install lights along portions of Anna Nagar and K K Nagar.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Learn How To Write Faster for Work (Find Out Now)
Grammarly
Learn More
Undo
"These agreements include clauses mandating maintenance and electricity coverage," a senior official said. In K K Nagar, some lights have already been installed on central medians, a move welcomed by traffic activists. "Mounting lights on medians improves road visibility and pedestrian safety," said T Nageshwaran, a traffic activist.
Meanwhile, the corporation is also pushing ahead with a ₹5-crore project to improve lighting citywide. A new contractor will soon be appointed to repair faulty lights and improve illumination in residential areas. Additionally, over 4,500 new streetlights are being procured based on ward-level assessments, with installation already underway in extended areas using previously purchased lights worth ₹3.52 crore.
Officials said these combined efforts aim to make Madurai's streets safer, brighter, and more energy-efficient.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
30 minutes ago
- Time of India
India's revenue foregone in first year of trade pact with UK estimated at Rs 4,060 cr: GTRI
India is expected to forego customs revenue of Rs 4,060 crore in the first year of the free trade agreement with the UK, as tariffs are reduced or eliminated on a wide range of goods, think tank Global Trade Research Initiative ( GTRI ) said on Monday. The calculation is based on the current import figures from the UK. Explore courses from Top Institutes in Please select course: Select a Course Category MBA Public Policy Operations Management Digital Marketing Product Management Artificial Intelligence Management Data Science CXO Finance healthcare Data Science Design Thinking Project Management Cybersecurity MCA Degree Data Analytics Others Healthcare Leadership PGDM Skills you'll gain: Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Duration: 24 Months Vellore Institute of Technology VIT Online MBA Starts on Aug 14, 2024 Get Details Skills you'll gain: Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Duration: 24 Months Vellore Institute of Technology VIT Online MBA Starts on Aug 14, 2024 Get Details Skills you'll gain: Financial Management Team Leadership & Collaboration Financial Reporting & Analysis Advocacy Strategies for Leadership Duration: 18 Months UMass Global Master of Business Administration (MBA) Starts on May 13, 2024 Get Details By the tenth year, it said, as tariff elimination phases-in more broadly, the annual loss is projected to rise to Rs 6,345 crore or around British Pound 574 million, based on FY2025 trade volumes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you have a mouse, play this game for 1 minute Navy Quest Undo The India-UK free trade agreement , which was signed on July 24, will lead to a loss of customs revenue for both the countries, as tariffs are reduced or eliminated on a wide range of goods, GTRI added. India imported USD 8.6 billion worth of goods from the UK in 2024-25. Live Events Industrial products make up the bulk of these imports and face a weighted average tariff of 9.2 per cent. Most agricultural products, subject to much higher average tariffs of 64.3 per cent, were excluded from tariff cuts, except for items like whisky and gin. It said that India has committed to eliminating tariffs on 64 per cent of the value of imports from the UK immediately as the implantation starts. Overall, India will eliminate tariffs on 85 per cent of tariff lines and reduce tariff on 5 per cent of tariff lines or product categories. "Based on these factors, India's revenue foregone in the first year of the agreement is estimated at Rs 4,060 crore," GTRI Founder Ajay Srivastava said. He added that the UK imported USD 14.5 billion worth of goods from India in the last fiscal year, with a weighted average import tariff of 3.3 per cent. Under the comprehensive economic and trade agreement (CETA), the UK has agreed to eliminate tariffs on 99 per cent of Indian imports. "This translates to an estimated annual revenue loss of British Pound 375 million (or USD 474 million or Rs 3,884 crore) for the UK, again based on FY2025 trade data. As Indian exports to the UK expand, the fiscal impact is likely to grow over time," it said. The implementation of the pact may take about a year as it requires approval from the UK parliament.
India.com
an hour ago
- India.com
Anil Ambani hits JACKPOT as this company turns profitable from loss, share price jumps 1150% to touch Rs…, the company is…
Anil Ambani (File) Anil Ambani-led Reliance Infrastructure has made a strong comeback, turning profitable in the first quarter of the current financial year. The company posted a net profit of Rs 59.84 crore for the quarter, compared to a loss of Rs 233.74 crore in the same period last year. Reliance Infra Q1 Results On Monday, Reliance Infrastructure shares witnessed a sharp rally, jumping over 4% to reach Rs 358 on the BSE. The surge came after the company reported a turnaround in performance with a record profit for Q1 of FY26. Reliance Infrastructure is now completely debt-free, with no outstanding dues to banks or financial institutions. The company's total income for the April–June 2025 quarter was at Rs 6,035.59 crore, down from Rs 7,256.21 crore in the corresponding quarter of the previous fiscal. However, on a quarter-on-quarter basis, income showed strong growth up 41% from Rs 4,268.05 crore reported in the March 2025 quarter. Consolidated EBITDA for Q1 FY26 rose 29% year-on-year to Rs 1,494 crore. Reliance Infra Stock Jumps 1150% In 5 Years Reliance Infrastructure shares have given massive returns of over 1,150% in the past five years. The stock, which was priced at Rs 27.85 on July 31, 2020, climbed to Rs 358 as of July 28, 2025. Over the last four years alone, it has surged more than 355%, and in the past two years, it has risen by over 198%. The stock's 52-week high is Rs 425, while the 52-week low stands at Rs 188.25. ED Search Operations Reliance Infrastructure and Reliance Power, both part of the Anil Ambani Group, announced on Sunday that the Enforcement Directorate (ED) has concluded its search operations. The companies confirmed that their executives fully cooperated with authorities during the process. They also clarified that the ED's actions have had no impact on the business operations, financial performance, shareholders, employees, or other stakeholders of the company.
Time of India
an hour ago
- Time of India
Which sector could emerge as a winner this earning season? Amnish Aggarwal answers
Amnish Aggarwal , Head, Research, Prabhudas Lilladher , says the Q1 earning season has been largely disappointing, with only a few banks performing well. Demand trends and stress on MSMEs and unsecured loans are evident, impacting financial performance. Consumer companies are unlikely to beat estimates, leading to potential earnings cuts. While select capital goods and commodity companies show promise, financials are underperforming, keeping markets in a narrow range. It's a very range-bound market; on the upper end we have been at that 25,200 mark and the lower end is where we shut shop on Friday. Pretty uncertain times. Let's talk about the softness in earnings which is playing out. Other than ICICI Bank, I really do not see any big numbers in largecaps so far and of course, a few midcaps here and there. What do you think is going to emerge as the winner this earning season? Amnish Aggarwal: So far, the earning season has been very lacklustre. Barring a couple of banks which have done well, the majority of the companies have disappointed in Q1. If you look at the commentary of some of the companies like Kotak or Bajaj Finance – some of these financiers are the parameter of the economy – show that the demand trends and the stress on MSME or unsecured loans is very clearly visible. Explore courses from Top Institutes in Please select course: Select a Course Category Digital Marketing MCA Product Management Finance Design Thinking Leadership Others CXO MBA Data Science Project Management Cybersecurity Public Policy Healthcare Operations Management Data Science Artificial Intelligence PGDM Data Analytics Management Degree healthcare Technology Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details Skills you'll gain: Digital Marketing Strategy Search Engine Optimization (SEO) & Content Marketing Social Media Marketing & Advertising Data Analytics & Measurement Duration: 24 Weeks Indian School of Business Professional Certificate Programme in Digital Marketing Starts on Jun 26, 2024 Get Details Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why This NDAA-Compliant American Drone Company Is Crushing Chinese Competitors Hylio | StartEngine Learn More Undo Secondly, on the demand side also, not many consumer companies have so far come out with results. But if you look broadly, I am not very confident that many of them will beat the estimates and for a large part of those companies, we will see some cut in earnings as we go along. Similarly, in these two baskets, except for some good numbers from select capital good stocks or commodity companies which have been showing better margins like cement, steel, etc, – the earning season so far has been very tepid and demand has failed to take off. The biggest weight in all the indices is financials. There also things are not looking great and that is the reason why it is keeping markets in a very narrow zone. What do you make of the pharma pack for now because the earnings were not that bad? Look at Dr Reddy's numbers. Even Cipla managed to surprise as did Laurus Lab where the experts have raised the target price, though the management has reiterated their FY26 outlook. What is your view on the pharma pack right now? Amnish Aggarwal: Traditionally FMCG, IT, and pharma have been considered defensives and as of now, only the pharma segment is doing better. There is reasonably good demand in the domestic and also on the overseas side. Some part of it might also be due to the fact that there might be some stocking ahead of the tariff announcement because there is a lot of tariff uncertainty. But having said that, as of now, within the defensive pack, pharma is standing out and in certain cases, the valuations might not be cheap but a select pharma stock could do well if it has number visibility. Live Events You Might Also Like: Jigar Mistry on 3 sectors that offer better earnings upside in Q1 Where is demand headed right now in terms of staples and where could strength return to the sector? Amnish Aggarwal: As of now, it is quite uncertain and in Q1 also we had a favourable base and because of elections, a lot of uncertainty. Ut at the same time this year, monsoons came early, we had unseasonal rains happening throughout May in the entire Hindi heartland. That also spooked the growth to some extent not only in the consumer staples but also in some parts of durables. So, the conditions could not have been better because the monsoon is normal, the interest rates have been cut and there has been some reduction in taxes. Inflation is running at around 2-2.5% with food inflation on the negative side, one could not hope for better conditions for the recovery. But having said that, it is not visible to that extent and slowly, as we go along, we will see commentaries suggesting more recovery happening during 2Q or during the festival season. So, some stress is visible on the unsecured side and on the MSME side. The premium segment, the segment which the well-to-do or the affluent sections are using, continue to do well. But the other segments remain under pressure and may say another quarter or more for the things to stabilise. But yes, on the macro side the conditions are right for the sector to start reporting better volume numbers. You Might Also Like: Are current market valuations hiding opportunities or risks? Christy Mathai explains Most excited about these business segments in next 1-2 years: Raamdeo Agrawal
