Page 45 - Dhruvaksh Saha

Railways not to cancel any more passenger trains, restore gradually

The national transporter is of the view that coal supply is now reaching normative levels and does not need any more special measures

Tesla manufacturing in India would be a 'win-win' for Musk, India: Gadkari

Dwells on top domestic and global players that are coming up with high-performing electric four-wheelers, points to surging demand for the new tech that Tesla has claimed to champion over past decade

Dedicated freight corridors cost revision: Railways to move Cabinet soon

Eastern, western freight corridors have seen 54% cost escalation

Railways starts work on 65,000 display screens at 2,000 stations pan-India

Floats tender for setting up screens at FOBs, platforms, waiting rooms and concourses; eyes ad revenue boost with enhanced branding opportunities

Railways reduces discounts on haulage charges for container movement

Rail ministry says the reduced rates of 15% per twenty-feet equivalent unit (TEU) for empty containers and empty flat wagons, as against the earlier 25%, will apply till July 31

Early EV adoption, lowering prices and enhancing safety on govt's agenda

NITI rolls out draft battery-swapping policy

Gadkari asks companies to recall defective EVs, warns of penalties

Minister's statement came hours after PureEV e-scooter catches fire in Hyderabad, causing the death of one person

Gati Shakti may enable faster implementation of dedicated freight corridors

Detailed project reports of East-West and North-South freight corridors being reworked

Railways eyes 1,700 mn tonnes freight in FY23, 15% beyond Budget estimates

Sharp uptick in freight demand seen mainly from core basket of commodities. Railways to acquire 90,000 wagons over the next three years, will push for track development with respect to DFCs

2 years on, Railways passenger bookings still far from pre-Covid levels

In 2021-22, up to February, the national transporter received 3,204 million bookings at an average of 291 million

MakeMyTrip-owned RedBus plans integrated end-to-end online travel solutions

With the launch of RedRail app, the leading bus platform aims to be IRCTC's biggest ticket booking partner in two years

Office leasing up 97% YoY in Jan-March, Omicron impact muted: CBRE

While several IT firms have shifted to a permanent 'work from anywhere' model for their staff, leasing activity was driven by tech companies, with a 34% share

MoPSW to expedite Rs 1,913-cr 'high-impact' projects under Gati Shakti

Rs 62,627-crore ports, shipping, and waterways projects part of the Gati Shakti - National Master Plan

FASTag collections top Rs 4,000 crore in March, FY22 mop-up Rs 38,000 crore

Almost a third of the toll revenue came in the last quarter of the financial year alone

Railways failed to improve mobility outcomes, mismatch in figures: CAG

The CAG report additionally found avoidable expenses to the tune of Rs 968 crore towards procurement of power from Bhartiya Rail Bijlee Company Limited (BRBCL).

NHAI settled 60 disputes for Rs 4,076 cr vs claims of Rs 14,590 in FY22

The authority had settled disputes worth Rs 14,207 crore for Rs 5,313 crore in FY21, with settlement amount being 37% of claimed amount

Railways mulling 1,00,000 more wagons amid rising freight, coal demand

Railways recently floated a large tender for wagons worth hRs 35,000 cr, which had been in the pipeline since 2018

FY22 traffic at major ports grows 7%, five ports post highest ever tonnage

The 13 major ports handle over 95 per cent of the country's export-import cargo, with Navi Mumbai's JNPT accounting for over half the cargo volumes

Railways earns Rs 1.43 trn from freight in FY22, ferries 1,418 mn tonnes

Coal freight rises 20 per cent as railways achieves highest ever loading

As biz expands, rail major Wabtec eyes exports from its Indian mfg hubs

The global rail major, a third of whose global engineering team is in India, is looking at opportunities in components, digital solutions, track maintenance and electrification