Page 2 - Transportation

Indian family offices change startup bets after funding peaked in 2021

Consumer, retail and transportation and logistics technology startups have been the largest beneficiaries

Public procurement order: DPIIT wants 'local content' calculation narrowed

The components include transportation, insurance, installation, profit, commissioning, training, and after-sales support

Qatar Airways Cargo launches advanced animal centre to transport animals

The animal centre will be built on a 5,260 sq m of land, and will have a capacity of 140 dog kennels and 40 cat kennels, and 24 horse stables distributed in four zones

Digital infra solutions company iBUS raises $200 mn from govt's NIIF

Firm says it will use the funding to strengthen its market position and expand in new sectors

Construction of RRTS viaduct in Delhi section to be completed by April-end

The National Capital Region Transport Corporation (NCRTC) on Friday said the construction of the Regional Rapid Transit System viaduct in the Delhi section is likely to be completed by April-end. Track-laying activities, along with electric traction and signalling work, are underway in the New Ashok Nagar-Sahibabad section, officials said here. The Delhi section is anticipated to be completed by the end of this year, paving the way for trial runs between Delhi and Sahibabad, they said. The NCRTC officials said the construction of the RRTS viaduct in the Delhi section was nearing completion. "Less than 500 metres of the viaduct in the Delhi section is now left for construction, which is scheduled for completion by the end of this month. The Delhi section is about 14 kilometres long which consists of about nine kilometres of elevated section and five km of underground section," an official said. Construction of more than eight kilometres of viaduct has already been completed in addi

India lags behind in geospatial patents but is scrambling to catch up

Geospatial technology data helps in urban planning, transportation, environment management, agriculture, public health and natural resource management

Bike taxis get Centre's legal kick-start paving way for new riding option

This move now allows motorcycles to operate legally as contract carriages in India, potentially opening up new transportation options and income opportunities

NITI Aayog report bats for incentives to promote LNG as transportation fuel

Government think tank NITI Aayog has pitched for providing fiscal and non-fiscal incentives to promote liquified natural gas (LNG) as a transportation fuel in medium and heavy commercial vehicles. In a report titled LNG as a Transportation Fuel in Medium and Heavy Commercial Vehicle', the Aayog said the government's think-tank suggested setting up a demand aggregator company for buying LNG trucks, similar to Energy Efficiency Services (EESL) in the electric vehicle sector. According to the Aayog, India's rapidly expanding trucking market, which is expected to more than quadruple, from 4 million trucks in 2022 to roughly 17 million trucks by 2050, offers immense scope for lowering emissions and encouraging investments for growth. The Aayog suggested that priority lane access, for LNG vehicles can be provided as non-fiscal incentives to promote LNG. "Major cities and roadways need to be recognised, and such priority lane access can be tested first in major cities and roads," it ...

Dense fog in National Capital delays 26 trains, check the full list here

Dense fog continues in the national capital disrupting transportation in the entire northern region. Some of the trains are delayed by 6 hours. Check the full list here

Rajeev Prakash appointed as govt nominee director of BEML's board

State-owned BEML on Tuesday said Rajeev Prakash has been appointed as the Government Nominee Director on its board. Prakash will replace Surendra Prasad Yadav, the company said in a filing. "The President of India has appointed Rajeev Prakash as Government Nominee Director (Part Time Official Director) on the Board of Directors of the company in place of Surendra Prasad Yadav," the filing said. Prakash is a 1995 batch, Indian Post & Telecommunication Accounts and Finance Service officer. He has experience in the field of telecommunications and held various important positions at the Centre. He has been working as Joint Secretary (Naval Systems) in the Department of Defence Production, Ministry of Defence, since June last year. Prakash is not related to the directors of the company. Shares of BEML settled 2.09 per cent higher at Rs 2,500.75 apiece on the BSE.

Railway ministry raises freight rates for transportation of automobiles

Short-distance rates see major rise in modern auto-carrier wagons

Karnataka's Shakti scheme records over 100 cr free rides worth Rs 2397 cr

The transport corporations in Karnataka have offered free services to over 100 crore users in five months. The free tickets are worth over Rs 2,397 crore

IIT Madras develops app for efficient, easy inter-city goods transportation

Researchers at Indian Institute of Technology (IIT), Madras, have developed a mobile application for easier and efficient transportation of goods within cities, and eliminating the role of middlemen. Called 'OptRoute', the app connects a consumer with a driver sans any commission or on-boarding fee. The payment from the consumer goes directly to the driver, with no intermediaries. The first version of the App has been developed and commercialised through OptRoute Logistics, an IIT Madras-incubated start-up co-founded by N.S. Narayanaswamy, Professor at Department of Computer Science and Engineering, IIT Madras and Anuj Fulia, an IIT Madras alumnus. The basic ideas behind the app were presented during the 2020 Genetic and Evolutionary Computation Conference held in Cancun, Mexico. "OptRoute aims to solve the issues in connectivity between drivers and customers in the goods logistics and transport domain. The main issues faced are unavailability of return load for transporters and ..

As BYD seeks India expansion, its executives find it tough to get visas

BYD is far from being an outlier, as several Chinese companies from various sectors have faced challenges in getting visas for travel to India

Common card for travel promises transport revolution in the country

The National Common Mobility Card will prompt the use of public transport, reduce the need for private vehicles and help the environment

Can't block ITC for GST on obligatory transport for women employees: AAR

Authority's ruling in Tamil Nadu would hold precedence in states where employers are obliged to drop women staff at specific hours, say experts

Bengaluru Bandh today: Here's what's open and what's closed amid strike

Karnataka's private Transport Association has announced the Bengaluru Bandh on Monday, September 11, 2023. The union is not happy with the government implementing free transport services for women

Railway's freight business up as it faces rising costs and competition

The transport network needs reforms and upgrades to compete in logistics

Barrier-less toll system to be rolled out soon: Union minister V K Singh

Commuters may no longer need to wait for even half a minute at toll booths with the government planning to roll out a barrier-less tolling system soon. Trials are on for a barrier-less tolling system and "as soon as our trials succeed, we will roll it out," Minister of State (MoS) for Road Transport and Highways V K Singh said on Wednesday. The country will also move to a system of payment on the basis of kilometres travelled, the minister said at a press conference here. He said the new system of tolling will improve efficiency and reduce travel time. The use of FASTags has helped reduce the waiting time at toll plazas to 47 seconds, but the government aims to reduce it further to less than 30 seconds, he said. The pilot is already underway at the Delhi-Meerut Expressway where some technologies -- satellite-based and camera-based -- are being tested. "As you enter a highway and your vehicle registration plate is scanned by the camera and data is collated, you will be charged for

GreenCell Mobility receives Rs 3,000 crore in debt funding from REC

The fund will be used to acquire 3,000 e-buses and support energy storage and charging infrastructure