Highways Financial News

Sapphire Foods In Sapphire Foods, promoter group entities – Sapphire Foods Mauritius and Samara Capital sold stakes in the company through the open market. Archean Chemical Industries Archean Chemical Industries, Piramal Enterprises sold 3.4% stake through the open market for around Rs 252 crore. PNC Infratech The company has been declared Ll (first lowest) bidder in a Madhya Pradesh Road Development Corporation's (MPRDC) highway project. Read more: Here's the trade setup for today's session Nestle Nestle India has fixed January 5 as the record date to determine eligible shareholders for the stock split announced by the company in October. NHPC A Board meeting of NHPC is scheduled to be held on December 22 to consider the proposal regarding monetization of future cash flow of one or more power station(s) of the company for suitable tenure. Sun Pharma Sun Pharma has entered into agreement to acquire 16.7% shares on a fully diluted basis, in Lyndra Therapeutics engaged in the business of developing novel delivery technology for long-acting oral (LAO) therapies.

drones to manage traffic on NH-8, making it the first time such technology has been used for this purpose in the city. The drones are being deployed to identify congestion and facilitate quicker response times, as well as issue fines for lane driving violations, a TOI report stated. On Friday, the first drone was set up, resulting in the issuance of at least 50 fines to drivers of commercial vehicles who abruptly switched lanes on the expressway.

Cube Highways and IRB Infrastructure are turned to be the highest bidders for 300-km road assets under The National Highways Authority of India (NHAI) auction of the 13 & 14 bundles of Toll Operate Transfer (TOT).Tolling, Operation, Maintenance and Transfer (TOT) Model, said people aware of the development. Cube Highways offered the highest bid of Rs7701 crore for the TOT 14 bundle while IRB offered Rs1683 crore TOT 13 bundle. National Investment and Infrastructure Fund (NIIF) offered Rs7150 crore for ToT 14, while Oriental Structural Engineers (OSE) offered Rs1565 crore for the TOT 13 as second highest bidders, said sources. Mails sent to Cube and IRB did not elicit any responses.

Business Today, Gadkari said, "I will never allow driverless cars to come into India because it will take away the jobs of several drivers and I will not let that happen". While addressing road safety concerns in the country during the Zero Mile Samvad hosted by IIM Nagpur, Gadkari outlined government measures to mitigate the accidents such as the incorporation of six airbags in cars, reducing black spots on roads, and increasing fines through the Electric Motors Act. Road transport ministry makes AC truck cabin mandatory from Oct 2025 On Tesla Inc.'s entry into India, the minister said the government is ready to welcome the US automaker in India but manufacturing in China for sales in India is not acceptable.

Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla faces Nordic union troubles; F-150 Lightning production cut in half; and Tesla’s massive recall.

₹5 lakh to the families of the deceased. The blast occurred at around 8:30 am at Solar Industries India factory in Nagpur, the police officer told news agency Reuters. The factory produces a range of products for defence sector like industrial and military explosives, as well as propellants and warheads.

(Reuters) — A U.S. auto safety regulator said on Friday it will open an investigation into about 454,840 Nissan (OTC:NSANY) vehicles over reports alleging engine failure that can lead to a loss of motive power with no ability to re-start.

Off the Chennai-Kolkata highway, huge cutouts of Telugu Desam Party president Chandrababu Naidu and his son and party national general secretary Nara Lokesh dot the landscape. Just three months before the Andhra Pradesh Assembly elections, Lokesh is wrapping up his 11-month Yuva Galam padyatra. People line up on the side of the road, some holding representations and hoping to be heard by Lokesh.

A Tesla driver will pay more than $23,000 in restitution for the deaths of two people during a 2019 car crash in a Los Angeles suburb

Opposition in West Bengal Assembly Suvendu Adhikari on Saturday faced a protest in Jalpaiguri district over unpaid wages under the MGNREGA scheme. Purported workers of the 100-day job guarantee scheme, demanding the release of wages, waved job cards at the convoy of Adhikari, the BJP MLA from Nandigram, on a highway in Malbazar area when he was on his way to attend a public meeting in Chalsa.

ALSO READ: Road accidents claimed 19 lives in India every hour in 2022, govt report says 1.68 lakh killed last year "I did not know earlier that he was married. Later, when I came to know, he told me that they (his wife and him) were not together anymore, they had separated," Singh said. She added, "When I went to meet him that night, he was with his wife.

By David Shepardson

They began as the Tampa Bay Devil Rays in 1998, then shortened their name in 2007 to simply Tampa Bay Rays

Lok Sabha, Union Road Transport and Highways minister Nitin Gadkari said budgetary allocation of the road ministry has increased from about Rs 31,130 crore in 2013-14 to Rs 2,70,435 crore in 2023-24. Such increased budgetary allocation led to expansion of the National Highway (NH) network in the country from about 91,287 km in March 2014 to about 1,46,145 km at present, Gadkari added.

Auto expert Mike Caudill argues Elon Musk's design of the Tesla Cybertruck will push potential buyers away on 'Cavuto: Coast to Coast.'

Tesla introduced Autopilot software in October of 2015 with CEO Elon Musk heralding it as a profound experience for people

₹673 crore. This will be first MMLP in Maharashtra under the PM Gati Shakti National Master Plan. The MMLP will be developed in three phases.

Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, a statement said.

Tata Power said on Monday that its unit Tata Power EV Charging Solutions Limited has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, the company said in a statement.

Airports and highways are expected to be busier this Christmas season than they were a year ago

Ministry of Road Transport and Highways (MoRTH) has issued a new notification mandating that all trucks manufactured after October 2025 must be equipped with AC cabins for drivers. The gazette notification, issued on Friday evening, will apply to trucks in the N2 and N3 categories.