Highways Financial News

27.11 / 05:19
Cooper Progressive Platform Highways Inside information evacuation "Everyone has been trying, hope that work is completed at earliest": U'khand CM on rescue op at Silkyara tunnel
Uttarakhand Chief Minister Pushkar Singh Dhami on Monday said that the efforts to evacuate 41 trapped workers inside the Silkyara tunnel are going on and the rescue operation is expected to be completed at the earliest. Speaking to on Monday, CM Dhami informed that the auger machine that got stuck in the debris has been taken out completely. «Everyone has been trying. The auger machine has been taken out completely...Drilling and pushing work will start and we hope that the work is completed at the earliest,» CM Dhami said. He further said that Prime Minister Narendra Modi has been seeking information about the ongoing rescue operation on a daily basis since it was launched. «PM Modi is seeking all important information.
27.11 / 04:47
Provident Assurant Highways Experts information reports medicines Uttarkashi tunnel collapse LIVE: Work on 3rd best alternative rescue plan, 'perpendicular drilling' to begin today
Uttarkashi tunnel rescue LIVE: In Uttarakhand's Uttarkashi a portion under-contruction tunnel from Silkyara end caved in on November 12 trapping 41 workers. The workers have been trapped since and rescue operation is ongoing. The multiple-agency led rescue efforts initial plan was to rescue workers through horizontal drilling with the expertise of international tunnelling experts.
27.11 / 03:49
FIVE Waters Highways Experts Inside medicines evacuation Uttarkashi Tunnel Disaster Day 16: A detailed timeline of rescue operations, unfolding day by day
under-construction tunnel on the Brahmkhal-Yamunotri highway collapse following a landslide at around 5.30 am on the day of Diwali in Uttarakhand's Uttarkashi. The district administration launched a rescue operation. - November 13: CM Pushkar Dhami visited the spot and contact is established with the trapped workers through a pipe meant to supply oxygen to them.
26.11 / 17:15
FIVE Gap Highways Southern country social travelers Developmental gaps between Indian states pose challenges and opportunities
The 1991 structural reforms, designed to transform India’s economic policy framework from a highly dirigiste system to a more liberalized, market-oriented system, mainly addressed the policy and regulatory framework at the national level. Much still remains to be done at that level. However, the next phase of reforms will have to be directed at reforms in the states.
25.11 / 15:11
Citi economy Tesla Avid Highways reports Buyers worldwide go for bigger cars, erasing gains from cleaner tech. EVs would help.
Over the years, cars have gotten bigger and so has their cost to the climate.
24.11 / 20:09
Highways Experts country information reports recommendations evacuation NOT Uttarakhand tunnel collapse: Escape passage mentioned in tunnel plan, but panel finds it is not there
Uttarakhand for thirteen days now, serious questions are arising on the issue of the 'escape passage'. Every document associated with the project — from tenders to geo-technical reports — mentions the project with the 'escape passage'. Case in point, a statement by the Press Information Bureau dated February 20 announcing the approval of the Cabinet Committee on Economic Affairs for ₹1383 crore project to build a «4.531 km long 2-Lane Bi-Directional Silkyara Bend — Barkot Tunnel with escape passage' on the Yamunotri route.
24.11 / 16:37
Highways Inside rock reports evacuation audit Third party to carry out inspection, safety audit of 12 under-construction Himachal tunnels: NHAI
Himachal Pradesh will be carried out by a third party and vertical drilling machines will be stationed near tunnels to be used in case an Uttarakhand-like situation arises, according to an NHAI official. National Highway Authority of India (NHAI) Regional Officer Abdul Basit on Friday said the safety audit will analyse all factors from rock stability to material used in the constructions and remedial steps would be taken as per suggestions in view of the Uttarkashi Silkyara tunnel incident in which 41 workers have been trapped for the past 13 days. A total of 68 tunnels measuring 85 km, which would reduce the road distance by about 130 km, would come up in the state, he told PTI on Friday.
24.11 / 00:45
Provident Aware Highways Experts show country Infra Financiers seek to raise Rs 30,000 crore
bond markets to raise capital for infrastructure projects, with big names such as the National Bank for Financing Infrastructure and Development as well as large public sector banks eyeing fund raises worth close to ₹30,000 crore in coming days. Sources aware of the developments told ET that NABFID is eyeing a bond sale worth up to ₹10,000 crore, while the Delhi-Mumbai Expressway aims to garner funds worth up to ₹3,000 crore. Amongst banks, state-owned lenders Bank of Baroda and Canara Bank are looking to raise funds worth up to ₹10,000 crore and ₹5,000 crore, respectively, through the issuance of infrastructure bonds, the sources said. The massive bond pipeline comes at a time when government bond yields have eased significantly from seven-month highs touched in early October.
23.11 / 19:07
Provident Highways Experts show rock guidelines evacuation Uttarkashi tunnel disaster: Expert panel's observations point to weak shear zone
expert panel on the Uttarakhand tunnel disaster indicated that construction was caught in a 'shear zone' situation and lacked the required escape route or piped passage in case of emergencies, it is learnt. As per guidelines, any tunnel of more than 1.5 km must have an escape passage for emergencies. Project proponents claimed that there was a piped escape passage in place until a few days before the tunnel collapse, but it was removed for some reason, it is learnt. The tunnel collapsed on November 12 and an expert committee was set up on November 14. Key to the collapse was in all probability the 'shear zone' it hit, first expert observations indicated. Debris observed at the tunnel collapse site shows the metamorphic phyllite rock in pulverised form, as per preliminary observations. This 'shear zone' was probably missed at the time of inspections before drilling began.
23.11 / 16:21
Target Maxim Progressive awards Highways reports Need to resolve disputes, MoRTH tells FinMin as road construction slows
The roads ministry has sought an extension of its scheme to resolve hundreds of disputes over contracts—including some stuck in courts—that are holding up road-building, according to two people familiar with the matter. Some 400 disputes between government agencies and contractors, involving a substantial sum of money, are stuck in arbitration and courts. The Ministry of Road Transport and Highways (MoRTH) expects the government’s Vivad Se Vishwas (dispute to trust) to speedily resolve these cases and unlock stuck capital.
23.11 / 15:36
Man Software Tesla Highways Death Banner performer Lawsuit blaming Tesla's Autopilot for driver's death can go to trial, judge rules
A jury should decide whether Tesla and Elon Musk oversold the electric car company’s Autopilot system and caused the fatal crash of a man who engaged it and took his hands off the steering wheel
23.11 / 15:35
Provident FIVE economy Highways Experts reports Edmunds picks the five best cars for under $30,000
Pricing for the average new car continues to rise, with the latest reports pegging the average new vehicle transaction price around $48,000
23.11 / 15:07
Provident Mobile Highways country consequences information gatherings play Uttarkashi tunnel collapse: India's infrastructure play to counter China threat
Prime Minister Narendra Modi had laid the foundation stone of the project in 2016. The project, called Char Dham Mahamarg, will comprise nearly 900 km of highways, including several bridges and tunnels, and will cost Rs 12,000 crore. The project had courted controversy due to concerns raised over building of roads in ecoologically fragile areas.
23.11 / 14:13
Twitter FIVE Highways Death Inside reports Uttarkashi tunnel collapse: Anand Mahindra prays for workers as rescuers inch closer to them, says ‘NDRF our hero’
Uttarkashi Tunnel LIVE Updates In his recent post on X, formerly Twitter, the 68-year-old business tycoon expressed his confidence in the National Disaster Response Force (NDRF) personnel, and called them “heroes". “Our collective, national prayers for their rescue. The @NDRFHQ are heroes & I know they will bring them out as soon as possible," wrote Mahindra on X.
23.11 / 08:41
Highways Experts Inside reports medicines evacuation Uttarakhand: Rescue operations resume at Silkyara tunnel after 6-hour delay
Rescue operations to evacuate 41 workers trapped in Uttarakhand's Silkyara tunnel resumed on Thursday morning after an overnight hurdle delayed the drilling by several hours. Former advisor to the prime minister's office Bhaskar Khulbe, who was at the site, said an iron mesh which had come in the path of the drilling machine that is creating an escape path for the workers was removed in the morning. This held up the drilling through the 57-metre stretch of the rubble of the collapsed section of the tunnel by six hours, dampening somewhat the previous evening's enthusiasm over an imminent rescue.
23.11 / 07:13
BLOCK Progressive Highways Death reports travelers evacuation Uttarkashi Tunnel Collapse: Trapped brothers unaware of cousins' death, family says 'don’t want them to know'
Times of India (TOI), Rajendra Bediya, aged 22, along with his two brothers, Anil Bediya (22), and Sukhram Bediya (23), residents of Khairabera village in Ranchi district's Oremanjhi block, find themselves trapped in the Uttarkashi tunnel. Also Read: Uttarkashi Tunnel Collapse news LIVE update: Rescue efforts in final phase; CM Dhami, former PMO advisor reach site On Tuesday evening, Dinesh Bediya and Shankar Bediya, both in their twenties and cousins of stranded workers in the Uttarkashi tunnel, allegedly lost their lives in an accident.
23.11 / 06:07
Manufacturing Parke Tesla BAY Highways cover travelers Wireless EV charging? Here's how e-transport will look like in 10 years
wireless EV charging is close, but there are challenges to be overcome to get there. Picture the scene: you're driving your electric vehicle to the shops and notice the battery is running low. Not to worry. You park in an available bay, and while you shop for groceries and have a cappuccino, your car is charging. No cable, no worries. The entire process is automated.
22.11 / 20:35
Provident LGBT Highways social information travelers Department Amid Rainbow Bridge ‘vehicle explosion,’ FBI terror task force monitoring all N.Y. entries
Rainbow Bridge Wednesday.In Canada, Public Safety Minister Dominic LeBlanc said in a news conference that Canada is taking the situation “extremely seriously.”“The prime minister and I will receive further information in the coming moments,” he said, shortly before both he and Prime Minister Justin Trudeau left question period for a briefing.LeBlanc did not say whether he has been informed of any injuries or fatalities.There is no official confirmation at this time on the nature of the vehicle explosion.The Rainbow Bridge connecting Canada and the U.S. is currently shut down at Niagara Falls and the FBI says its Buffalo, N.Y., field office is investigating.#FBI Buffalo statement on investigation at the Rainbow Bridge: pic.twitter.com/jRaGLL8sU8— FBI Buffalo (@FBIBuffalo) November 22, 2023The U.S.-based NITTEC, made up of agencies in New York and southern Ontario and which provide real-time traffic updates and border crossing information to travelers, had confirmed the bridge closure in a social media post Wednesday afternoon, saying the bridge “is closed from Main St to Falls Ave in Niagara Falls because of a crash.”The closure was reported at 11:51 a.m., the traffic authority coalition said.
22.11 / 12:11
Citi Provident Booking Remark Highways performer testing Made in India EV superbike with 221 km range and top speed of 135 kph launched
Orxa Energies, a Bengaluru based electric vehicle (EV) maker, has announced the launch of a high-end electric bike, the Mantis. The Mantis, currently the lightest in its category with a kerb weight of 182 kg, is offered in two distinct color variants: Urban Black and Jungle Grey. Priced at Rs 3.6 lakh ex-showroom, Bengaluru, the bike features a 1.3 kW charger and is now available for bookings. With a top speed of 135 kmph and an impressive acceleration from 0 to 100 kmph in just 8.9 seconds, the Mantis is designed for optimal performance. Notably, the acceleration from 0-20 kmph has been fine-tuned to 2.7 seconds, catering to city and urban traffic conditions.
22.11 / 11:39
Highways stage 2020 Trade unions demand govt expedite rescue operations at Silkyara Tunnel
Silkyara tunnel be expedited to save the workers and called for a detailed probe into the incident while reiterating its demand to withdraw the Code on Occupational Safety, Health and Working Conditions, 2020. “There should be a thorough probe into the laxity at any level, right from tendering to various other stages of work of the tunnel,” the trade unions said in a joint letter. The 10 unions include Congress-backed INTUC, AITUC of the Communist Party, HMS, CITU, AIUTUC, TUCC, Sewa, Aicctu, LPF and UTUC along with independent sectoral federations and associations. “We demand the Occupational Safety and Health Code, based on the premise of ‘ease of doing business’, be withdrawn forthwith, which weakens whatever safety measures exist at present, rather pushes the workers out of the safety net,” it said. The trade unions demanded that the government ratify the ILO conventions about health and safety, which have been brought under Fundamental Principles of Rights at Work by ILO in its session in 2022. “We demand that all the four codes, including the Code on OSH, be withdrawn and the Indian Labour Conference should be held at the earliest to address the workers’ concerns on codification of laws,” it said in a statement. The road transport and highways secretary Anurag Jain said on Tuesday that the government hopes to rescue the trapped workers in 72 hours if the horizontal drilling of the tunnel, resumed on Tuesday, is successful. 41 workers got trapped after a portion of the tunnel under construction between Silkyara and Dandalgaon on the Brahmakhal-Yamunotri national highway collapsed on November 12. As part of the Chardham Mahamarg Pariyojana, the road transport and highway ministry has taken up the construction

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