Highways Financial News

03.08 / 02:35

Twitter BLOCK Highways show Uttarakhand: Road near Nandaprayag and Chhinka on Badrinath NH blocked due to debris pile-up

Nandaprayag and Chhinka on the Badrinath National Highway was blocked due to debris on Thursday, officials said. Chamoli police shared the visuals from the spot on Twitter, showing a huge pile of debris on the road.

03.08 / 02:21

BAY Highways Heavy to very heavy rainfall likely over West Odisha districts during next 24 hours: IMD

rainfall was experienced in several parts of Odisha on Wednesday. Locals were seen catching fish at the inundated National Highway 57 in the Boudh area after ponds of the fisheries department got flooded following heavy and continuous rainfall.IMD scientist HR Biswas said, «Rainfall to continue during the next 24 hours.

02.08 / 21:15

UPS Provident Manufacturing Platform Strategy Pool Highways KKR stake KKR to buy majority stake in Leap India in Asia infra push

BENGALURU : KKR & Co. on Wednesday said it has agreed to buy a majority stake in logistics solutions company Leap India, a move that will deepen the US private equity firm’s presence in Asia’s infrastructure space. The transaction will also bolster KKR’s infrastructure bets in India that include investments in a decarbonization platform, renewable energy companies, and highways and power transmission businesses.

02.08 / 20:15

UPS AXY Align Highways LEH end Over 20 strategic roads close to LAC have year-end deadline

The focus is on building new alternative and lateral connectivity to the strategic Sub Sector North (SSN) besides considerable realignment works around the Durbuk-Shyok- Daulat Beg Oldie road segment, ET gathers. Most of these proposed single-lane roads will traverse into the Changthang cold desert sanctuary and require green clearances.

02.08 / 18:11

Provident Target Assurant Metro Highways country Latin foreign Rites eyes ₹1,000 cr orders in Africa, foreign consulting

Railway engineering and consulting company Rites Ltd is close to signing international contracts to supply locomotives and wagons, even as it explores consulting services abroad, chairman and managing director Rahul Mithal said. The state-run company has emerged as the lowest-cost bidder for contracts worth Rs1,000 crore to supply locomotives and wagons to Zimbabwe and Mozambique, Mithal said in an interview.

02.08 / 15:43

UPS Provident COMPOSITE Highways exclusive Bills on Jan Vishwas, mines and minerals, forest conservation passed in Rajya Sabha

New Delhi: The Rajya Sabha on Wednesday passed the Jan Vishwas (Amendment of Provisions) Bill, Mines and Minerals (Development and Regulation) Amendment Bill, and the Forest (Conservation) Amendment Bill, days after they were passed in the Lok Sabha, thus completing the legislative process and paving the way for the bills to become laws. The Jan Vishwas (Amendment of Provisions) Bill, 2023, proposes to decriminalise 183 provisions in 42 Central Acts administered by 19 ministries and departments, giving further boost to ease of living and ease of doing business.

02.08 / 13:55

Mobile Highways Nuh violence: Mobile internet suspension extended by one day in 4 tehsils of Rajasthan's Bharatpur

Bharatpur district till Thursday morning in view of the violence in Haryana's Nuh district, officials said. Prohibitory orders were imposed in two areas of Bharatpur and 10 areas of Alwar district in Rajasthan, they said. Both Alwar and Bharatpur share border with Nuh district in Haryana where communal violence erupted on Monday.

02.08 / 13:49

UPS Provident FIVE Extreme Highways country Rajya Sabha passes Forest Conservation (Amendment) Bill

New Delhi: The Rajya Sabha on Wednesday passed the Forest (Conservation) Amendment Bill, which will exempt land within 100 km of the country's border, that is needed for national security projects, small roadside amenities, and public roads leading to habitation, from the purview of the forest conservation laws. It also exempts land up to 10 ha, proposed to be used for constructing security-related infrastructure, or the land proposed to be used for constructing defence-related projects, camps for paramilitary forces, or public utility projects as specified by the central government not exceeding five hectares in left-wing extremism affected area, from conservation laws.

02.08 / 07:09

BLOCK BURST Highways Orange National Himachal Pradesh: Highway washed away after landslide hit Solan district; Chandigarh-Shimla national highway blocked

national highway connecting Shimla to Chandigarh is blocked leaving many vehicles stranded, officials said as reported by PTI. Vehicles are stranded on both sides of the road and light vehicles coming from Chandigarh have been routed through Parwanoo-Kasauli-Jangushu Road–Kumarhatti while vehicles going from Solan would take Bhognagar-Banasar-Kamli road. The Solan Police Department has further urged all travellers to adhere to the alternative traffic plan while the authorities work on clearing the debris.

01.08 / 23:04

FIVE Manufacturing Parke Tesla Highways cover US opens safety probe into complaints from Tesla drivers that they can lose steering control

U.S. auto safety regulators have opened another investigation into safety problems with Tesla vehicles

01.08 / 23:03

Manufacturing Action Highways Chevrolet show cover GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problem

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

01.08 / 23:03

Citi Waters Action Highways show stage week dutch Dutch ministry says a fire that blazed for nearly a week on a cargo ship appears to have burnt out

The Dutch government says a fire that had been burning on board a cargo ship carrying thousands of new cars appears to have burnt itself out after nearly a week

01.08 / 12:11

Citi Provident Remark Highways EXP country beautiful Panchkula’s realty market booms with remarkable increase in property prices

Once a quaint town known for its peaceful charm, Panchkula is witnessing a remarkable transformation in its real estate landscape. Property prices in this serene region are soaring, as homebuyers flock to embrace the beauty and tranquility that Panchkula has to offer. Many developers including DLF and the Motia Group, to name a few, have witnessed significant appreciation in prices for their projects.

01.08 / 04:33

FIVE Mobile Highways Maharashtra crane accident: PM expresses grief, announces Rs two lakh ex-gratia for kin of deceased

Narendra Modi on Tuesday condoled the loss of lives in the tragic accident at Shahapur in Maharashtra and announced an ex-gratia of Rs 2 lakh for the next of kin of each of the deceased and an assistance of Rs 50,000 for the injured persons.Sixteen workers were killed and three injured as a crane fell on a bridge slab during construction of the third phase of Samruddhi Expressway in Shahapur tehsil of Thane district on Tuesday, an official said. «Three to five persons are still feared trapped and efforts are on to rescue them,» an NDRF official said. The injured have been shifted to nearby hospital, he added.

01.08 / 01:15

Highways collapses Girder launching machine collapses in Maharashtra's Thane district, kills 14

highway police staffer and another person were killed after after a truck rammed into a police van on the Nagpur-Tuljapur highway in Maharashtra's Yavatmal district. The highway police personnel were checking a truck on a bridge when another truck rammed into the police van from behind.

31.07 / 18:01

BLOCK Highways 'Withdraw security personnel belonging to Meitei community from Moreh'

Moreh by Monday, failing which it would start public protests in all tribal districts. The movement of additional state security forces was being blocked by women on National Highway 102 in Tengnoupal. A senior state government official said, «Additional forces were rushed but women protesters blocked the movement of security forces.

31.07 / 17:19

UPS Target awards Highways New FY24 highway target highest so far

Mint had earlier reported that the government is looking to raise highway-construction to an all-time high this year. “The pace of construction of highways has gone up from 11.6 km a day in 2014 to around 30 km a day now. Though the government has been trying to raise this to 50 km per day, the slowdown in the past two financial years has pushed back the targets a little.

31.07 / 16:45

COST UPS Provident Highways Allianz The road tax handbook: A complete guide to understanding road tax for vehicle owners in India

Road tax or motor vehicle tax or VAHAN tax, or Parivahan tax, is an essential aspect of vehicle ownership in India. Under Section 39 of the Motor Vehicle Taxation Act 1988, every vehicle owner is mandated to pay a specific amount as road tax at the time of purchase of a new vehicle. This fund is used by the government to expand and maintain the infrastructure of the vast network of roads and provide basic amenities like streetlights and road signs. Funds collected are also spent on providing safety measures and emergency first aid in case a driver cannot evade on-road mishaps.

31.07 / 15:03

Provident BLOCK Waters Highways Himachal Pradesh rains: Houses in Shimla develops huge cracks | Watch video

excessive rain, there have been a lot of damages in the Rampur subdivision…more than 100 houses have developed cracks…relief works are being done, we are providing all the necessary items to the people," the Rampur Tehsildar said. Himachal Pradesh State Disaster Management Authority informed that 187 people have lost their lives in the intense rains and 34 are still missing. The rain-induced floods have damaged properties worth crores including the complete destruction of 702 houses and the partial destruction of 7161 houses.

31.07 / 05:55

UPS Highways Central teams to visit Telangana today to assess damage due to heavy rains: Union Minister Kishan Reddy

Inter-Ministerial Central Team (IMCT) will visit Telangana from Monday to assess the damage caused by floods in the state following the recent heavy rains, Union Minister of Tourism G Kishan Reddy said. Addressing a press conference, he slammed the BRS Government in the state, saying that the dispensation is «ignorant» of the gravity of the situation and suggested it needs to spend the funds, also contributed by the Centre amounting to Rs 900 crore, which are lying with it under State Disaster Relief Fund (SDRF) towards relief measures.

30.07 / 19:29

Target Booking Enterprise Highways ‘IDFC First to focus on cash flow-based lending business’

Private sector lender IDFC First Bank posted a 61% rise in net profit in the June quarter on the back of 36% growth in net interest income. Its loan book and deposit book grew by 25% and 44%, respectively, over a year ago. It also expects to continue growing at a steady pace.

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