Highways Financial News

30.12 / 03:19
Provident Waters Highways innovations PM Modi to inaugurate Ayodhya airport, revamped railway station, Amrit Bharat trains today. Full Schedule here
Ram Lalla Temple. He is slated to inaugurate several projects with a total worth of ₹15,000 crore for Ayodhya. The projects to be inaugurated include developments such as the airport, railway station, highway, and the doubling of a railway line.
29.12 / 14:05
awards Highways show reports Centre Centre sanctions 29 road projects worth ₹1,170 cr in Ladakh
₹1,170.16 crore in the union territory of Ladakh. A statement from the Union ministry for road transport and highways on Friday said that the projects will encompass state highways, major roads, and other district roads. The ministry has also allocated ₹181.71 crore for eight bridges under the Central Road and Infrastructure Fund (CRIF) scheme for FY 2023-24.
29.12 / 12:38
Provident Action Metro Highways Marvell country reports open Mumbai Mumbai's much-awaited Trans Harbour link to open in Jan; Phase I of Metro 3 in April
Mumbai Trans Harbour Link (MTHL) is set to achieve a significant milestone with its likely inauguration by Prime Minister Narendra Modi on January 12. Stretching over nearly 22km, including an impressive 16.5km expanse across the sea, the MTHL will stand as the country's longest sea bridge and the world's 12th longest.
29.12 / 10:27
Platform Highways country social Govt sanctions Rs 1,170 crore for road projects in Ladakh: Union Minister Nitin Gadkari
Nitin Gadkari said the government has sanctioned Rs 1,170.16 crore for 29 road projects in Ladakh. In a post on social media platform X, Gadkari said Rs 1,170.16 crore has been sanctioned for 29 road projects, encompassing state highways and other major roads in the Union Territory.
29.12 / 07:31
CEO Platform Highways social reports Meesho FY23 revenue grows 77% to Rs 5,735 crore, loss narrows 48%
Ecommerce platform Meesho on Friday said its loss for the year ended March 31, 2023, narrowed by 48% to Rs 1,675 crore, while operating revenue for the period grew 77% to Rs 5,735 crore. The Bengaluru-based online marketplace, which drives a majority of its sales from non-metro markets, had reported an operating revenue of Rs 3,232 crore in FY22, while incurring a loss of Rs 3,247 crore. The FY23 financials pertain to Meesho's Indian entity called Fashnear Technologies. Its parent firm is domiciled in the US–Meesho Inc.
28.12 / 15:09
Citi Highways DiRT beautiful reports Ayodhya decked up to welcome PM Modi; ₹1.11K crore projects to be unveiled
Ayodhya have been decorated with Hindu-theme artwork ahead of Prime Minister Narendra Modi's visit to inaugurate and lay the foundation stone for multiple development projects worth more than ₹11,100 crore to revamp civic facilities and develop world-class infrastructure in the holy city on December 30. Prime Minister Modi will inaugurate Ayodhya Dham Junction and flag off new Amrit Bharat trains and six new Vande Bharat trains.
28.12 / 09:31
Citi Parke Highways Rhythm stars 2024 Mumbai New Year's Eve: Welcome 2024 with parties, staycation options in Delhi-NCR, Mumbai and THESE cities
Palm Court, The Gaurs Sarovar Premiere, Greater Noida 4. BFF New Year's Eve with Kanika Kapoor, Mankirt Aulakh and Akhil Sachdeva and more, Leisure Valley Ground, Gurugram 5. A Night of Sufi Music by Traditional Nizami Brothers followed by DJ Asad, Home Delhi, Vasant Kunj 6.
28.12 / 02:08
Reuters Extreme Tesla Highways show reports Two U.S. senators write to Musk, call for Tesla recalls over safety risk
The letter cites «an alarming» Reuters investigation published on December 20 that exposed how Tesla has blamed drivers for frequent failures of components it has long known were defective.
27.12 / 20:17
Highways testing BYD gains license to test level 3 autonomous cars on high-speed roads
Chinese automaker, BYD (SZ:002594) announced Wednesday that they have secured a conditional testing license for level 3 autonomous driving on high-speed roads.
27.12 / 19:13
Provident BLOCK Limelight Highways social Amid LS poll buzz on BJP ticket, Assam's Lakhimpur SP Anand Mishra quits IPS
Anand Mishra, the Superintendent of Police in Assam's Lakhimpur district, on Wednesday resigned from the Indian Police Service, saying he wants to concentrate on social work. He was recently deputed to the special investigation team to probe Manipur violence. In a letter to Assam's chief secretary, Mishra cited «social and personal goals in life» for his resignation. He wrote: «This is to submit my unconditional resignation from the IPS to pursue a life of freedom and independence that I want to realise through various social services and other means beyond the mandate of IPS.» It is speculated that Mishra, who hails from Arrah in Bihar, may make his poll debut from Buxar Lok Sabha seat.
27.12 / 14:31
Highways hospital reports UP News: People loot chicken from crashed lorry on Agra-Delhi highway, watch video
ALSO READ: Telangana news: Bride's family skips mutton bone marrow on the menu, groom's kin call off wedding As per details, there were about 500 chickens in the truck, costing nearly ₹1.5 lakh. Though the injured driver -- identified as Sunil Kumar -- screamed for help after the accident, people continued grabbing the chickens and ran away.
27.12 / 11:35
ICE Highways track social reports travelers Ice storms and blizzards pummel the central US a day after Christmas
A winter storm is pummeling much of the central United States a day after Christmas
27.12 / 10:47
Waters CEO Highways RBI gives nod to CS Rajan’s appointment as Kotak Mahindra Bank’s part-time Chairman
Reserve Bank of India has approved the appointment of CS Rajan as part-time Chairman of Kotak Mahindra Bank for two years w.e.f. January 1, 2024, the company said in a stock exchange filing on Wednesday. Rajan replaces Prakash Apte, whose term expires on December 31, 2023. «We would like to congratulate Mr.
27.12 / 10:08
Highways show social Department gatherings prevention Viral video: Onlookers loot chickens after an accident on Agra-Delhi highway due to fog
chickens collided with other vehicles amid dense fog. The incident took a troubling twist as onlookers and commuters, instead of assisting the injured driver, engaged in looting the birds from the stranded vehicle.
27.12 / 07:19
Highways testing BYD has obtained conditional testing license for level 3 autonomous driving on high-speed roads
BEIJING (Reuters) — Chinese electric vehicle giant BYD (SZ:002594) said on Wednesday it has obtained a conditional testing license for level 3 (L3) autonomous driving on high-speed roads.
26.12 / 16:51
Pool Remark awards Highways travelers 2024 NHAI Revolutionising Road Travel: Nationwide GPS-based toll collection to be rolled out by March 2024 – All details here
Union Minister Nitin Gadkari recently announced that the government is planning to implement new technologies, including GPS-based toll collection systems, to replace existing highway toll plazas. The initiative aims to alleviate traffic congestion and ensure motorists are charged accurately for the distance traveled on highways. The rollout of new GPS satellite-based toll collection is scheduled to commence nationwide by March next year.
26.12 / 06:13
BLOCK Remark Highways reports travelers Traffic Mumbai Traffic Chaos on Mumbai-Pune Expressway: 12-km long jam burns clutch plates of over 100 cars
Christmas weekend, the Saimal to Dasturi section of the Mumbai-Pune national highway witnessed the burning of clutch plates in over 100 cars, with a similar fate befalling more than a dozen vehicles on the Dheku village stretch of the Mumbai-Pune expressway. The incidents occurred during the holiday rush, spanning from Friday evening to Sunday night, a TOI report stated. To manage the aftermath, towing vans from the highway safety patrol were deployed in the ghat section to clear the Pune-bound carriageway.
25.12 / 21:14
IPO FIVE Progressive Highways IL&FS to sell stakes in three road assets as InvIT plan fails
The road projects are Baleshwar-Kharagpur Expressway (BKEL), Jharkhand Infrastructure Implementation Company (JIICL) and Jharkhand Road Projects Implementation Company (JRPICL). With this sale, the board is looking to address a combined debt of ₹3,500 crore across these projects. The IL&FS board has in several court documents cited delays in approvals from lenders, slow progress and viability concerns for BKEL. For the other two projects, failure to receive annuities and approval for transfer to InvIT from the government of Jharkhand led to the move. The board, in its latest update to the National Company Law Appellate Tribunal (NCLAT), had cited considerable delays in approvals from lenders, including State Bank of India, slow progress and resultant setback on project viability in the case of BKEL as the reason why «transfer of the asset to the InvIT may not be possible, and alternate resolution plan would have to be formulated», said an IL&FS spokesperson. In the case of JIICL and JRPICL, the board has cited failure to receive annuities and approval for transfer to InvIT from the government of Jharkhand. BKEL is engaged in operating and managing about 477 lane km of Baleshwar-Kharagpur national highway in Odisha and West Bengal under a concession from the National Highways Authority of India on a toll basis. JIICL is engaged in operating and managing approximately 160 lane km of Section VII Ranchi Ring Road in Jharkhand while JRPICL is engaged in operating and managing about 664 lane km of roads developed under the Jharkhand Accelerated Road Development Programme.
25.12 / 18:06
Progressive Action Fighting Assurant Highways Celebrity wrestling View: Still wrestling with our demons
Sakshi Malik, hung up her boots last week in disgust. This unfortunate development doesn't augur well for Indian women when the feted among them are denied justice and even made to grovel for it. Malik and several top Indian wrestlers, including Vinesh Phogat and Bajrang Punia, began their protests in January over the lack of action against the then-head of the Wrestling Federation of India (WFI), Brij Bhushan Sharan Singh, whom they accused of sexual harassment of female wrestlers. For several months, nothing happened.
25.12 / 07:11
Provident Highways exclusive Jеwar Airport poisеd to bе a catalyst for the growth of Faridabad’s real estate: Aman Gupta, RPS Group
Faridabad, Noida and Gurgaon еach havе thеir uniquе attributеs. Faridabad еxcеls in affordability, cultural hеritagе and a divеrsе rangе of invеstmеnt opportunitiеs. Howеvеr, it facеs challеngеs in infrastructurе dеvеlopmеnt and amеnitiеs comparеd to Noida and Gurgaon. Thе lattеr two citiеs boast of morе dеvеlopеd infrastructurе, amеnitiеs plus a highеr standard of living, says Aman Gupta, Dirеctor, RPS Group.
24.12 / 18:29
Highways band country social musician 2020 shock ‘Dixie Chicks’ founder Laura Lynch dies in car crash
Laura Lynch, a founding member of the U.S. country band “Dixie Chicks,” died in a head-on car crash on a Texas highway, law enforcement said on Saturday.

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