Transport Corporation Of India

The state-owned transport corporation's accumulated losses surged to Rs 10,324 crore in FY 2023-24 from Rs 4,603 crore in 2018-19, as per the MSRTC's white paper

Even though the cost savings in time-value metrics are significant, the RRTS routes are yet to find a viable public-private financing model

The Delhi government will introduce digital travel cards for women to avail free rides in state-run buses, replacing the existing pink tickets, a move that will curb corruption in the ticketing system, Chief Minister Rekha Gupta announced on Tuesday. Presenting the 2025-26 Budget, Gupta, who also holds the finance portfolio, announced that Rs 12,952 crore has been earmarked for the transport sector to improve public transportation and urban mobility in the capital. To ensure a smoother, corruption-free experience for women using free bus services, Gupta said a new digital travel card will replace the existing pink tickets. "The card will allow women to travel freely on public buses anytime, eliminating corruption linked to ticketing," she said, adding that the entire system will be digitised for better efficiency. "We are committed to providing this service to women corruption will not be tolerated. We will introduce digital travel cards that women can use as often as they need, .

All India Motor Transport Congress (AIMTC) national president Harish Sabharwal on Friday asked the government to address issues like exorbitant increase in toll tax rates and misuse of the e-challan system. The charge handover and oath taking ceremony of the newly elected office bearers of AIMTC was held on Friday, where Amritlal Madan, the outgoing President of AIMTC, officially passed on his responsibilities to the newly elected president Sabharwal and his team. AIMTC in a statement said some of the key issues that will be high on Sabharwal's agenda include abolition of border checkposts in the states especially in Maharashtra, Karnataka and Chhattisgarh. The truckers body said exorbitant increase in toll tax rates, checking misuse of E-challan system and impractical ban on 10-year old diesel vehicles in DelhiNCR are also on agenda of the newly-elected president of AIMTC. AIMTC also demanded that the government should constitute 'Drivers Samajik Suraksha Welfare Board' with ...

Total visitor count to exceed US and UK combined population

Tata Motors has supplied over 58,000 buses to various state and public transport undertakings to date

With the Covid-19 pandemic crippling the supply-chain management across borders, investors and venture capital firms started to place their bets on logistics, seeing manifold growth in e-Commerce

Supply chain and logistics solutions provider Transport Corporation of India Ltd (TCI) on Monday reported a 23 per cent growth in standalone profit after tax at Rs 95 crore in the quarter ended December 2022. The company had posted a PAT (Profit After Tax) of Rs 78 crore in the same quarter of FY22, TCI said in a statement. Revenue from operations during the reporting quarter grew 16 per cent year-on-year at Rs 881 crore, it said. "The company has accomplished consistent performance amidst a stable macro environment in the third quarter of the current fiscal. All our business segments have delivered satisfactory results in line with expectations," said Vineet Agarwal, Managing Director at TCI. While the company keeps a balanced view on the industry-wide challenges around inflation and tightening of credit, "we are confident of achieving our goals to build an integrated multi-modal logistics solutions organisation," he added.

With the international framework broadly agreed on, talks pick up the pace

The technical analyst from HDFC Securities recommends buying Transport Corporation of India basis charts

Logistics firm Transport Corporation of India is planning to line up a capital expenditure of around Rs 250 crore for the next fiscal, a top company executive has said.

The company is keen on augmenting its marine assets for coastal container cargo as it sees coastal shipping growth to 215 million tonne by 2025 from about 86 million tonne now

Logistics firm Transport Corporation of India (TCI) has reported a 10-fold jump in consolidated profit after tax (PAT) to Rs 47.47 crore for the quarter ended June 30, 2021.

Analysts see the logistics sector as a big beneficiary of the 're-opening of the economy' theme, with pent-up demand expected to drive growth

The management expects a pickup in surface freight activity from H2 onwards (near festive season)

As per management, in spite of challenges posed by the pandemic in FY21, the company was able to sustain its revenues and margins due to its diversified portfolio of value-added services

The Maharashtra State Road Transport Corporation has sought Rs 3,600 cr from the state government for payment of salaries and other essential expenses, Transport Minister Anil Parab said on Friday.

The stock was down 5% at Rs 193 on the BSE.