Metro Financial News

Delhi Metro on August 29 registered the highest-ever count of daily passenger journeys — 69.94 lakh — surpassing the record it set a day earlier. The corresponding figures on August 28 had stood at 68.16 lakh. Journey or line utilisation is calculated by the number of corridors passengers use to reach their destinations. «Delhi Metro's mission of providing a comfortable journey to its commuters is scaling new heights every day and as a result Delhi Metro once again set a new milestone on 29th August 2023 when more than 69 lakh passenger journeys were performed in the metro in a single day,» the DMRC said in a post on 'X', formerly known as Twitter. Before Monday, the highest passenger journey count was 66,18,717, recorded on February 10, 2020, just before the pandemic disrupted travel patterns and routines. Of the total journeys recorded Tuesday, the Red Line accounted for 7,65,059 journeys, Yellow Line — 19,11,239, Blue Line — 14,90,171, and Airport Express Line — 61,041, among other corridors, according to data shared by the DMRC.

RAPIDX corridor project, a major breakthrough has been accomplished with the successful completion of the last 2km-long tunnel segment between Anand Vihar and Sahibabad. As per a TOI report, with completion of tunneling at the Vaishali retrieving shaft in Ghaziabad, the entire tunnelling work for this 82-km long Delhi-Meerut Rapid rail corridor is now concluded.

Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.

The location of any business is far more important than, say, the size or the interior of the shop. The reason is obvious — it is the place that is more likely to be frequented by the people than, say, a place that might be good otherwise but does not have anything attractive for the people.

Titagarh Rail Systems Ltd (TRL) formerly Titagarh Wagons on Wednesday said it has received a letter of acceptance for a Rs 350-crore contract from Gujarat Metro Rail Corporation (GMRC) for the design, manufacture, supply, testing, commissioning and training of 30 standard gauge cars. The standard gauge cars are for Ahmedabad Metro Rail Phase-II project, an official said. «The prototype Metro car has to be built in 70 weeks and the entire contract has to be delivered in 94 weeks.

₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market. Gold prices traded with gains in the morning session in the domestic futures market on Wednesday.

The Hindustan Times citing senior officials, the municipal authority intends to employ 40 skilled personnel to replicate the vocalizations of grey langurs. This strategy aims to discourage monkeys from approaching hotels and venues linked to the G20 Summit. NDMC vice chairman Satish Upadhyay noted that these temporary steps are being taken in coordination with the Delhi forest department to ensure that monkeys remain inside the Ridge and do not cause disruptions to the motorcades of dignitaries.

₹4-4.5 lakh in metros while for small towns it is around ₹3 lakh," Vijay Sivaram, chief executive, Quess IT Staffing, said. “Pay difference can oscillate from 5% to 40% depending on the location .

Delhi Metro Rail Corporation (DMRC) Tuesday announced that Delhi Metro will be running around 106 extra train trips on its corridors to facilitate passengers on the festival of Raksha Bandhan on Wednesday, August 30, 2023. DMRC also said additional standby trains will also be kept for induction into services to clear the rush, if required.

By Safiyah Riddle

Also read: ‘G20 summit is People’s Presidency', says PM Modi in Mann Ki Baat From September 8 to September 10, all establishments, including schools, offices, restaurants, malls, and markets in New Delhi, will be closed. The Supreme Court will also remain closed during this period.

Delhi Metro Rail Corporation (DMRC) has recorded the highest ever passenger journeys at 68.16 lakh on Monday (August 28). An official statement said this marks the highest ever daily passenger journeys pre and post the onset of the COVID-19 pandemic. Comparably, the previous highest recorded passenger journey count stood at 66.19 lakh on February 10, 2020, just before the pandemic disrupted travel patterns and routines.

Australian infrastructure is at a tipping point. Policymakers are rethinking how and where they spend money, Infrastructure Australia is being overhauled, tolling systems are being reviewed, and new bodies like the High Speed Rail Authority and National Construction Industry Forum are being created to plan for the future.

NEW DELHI : Swedish furniture retailer Ikea is set to commence e-commerce operations in the national capital region (NCR) ahead of opening two large shopping centres over the next two years. E-commerce operations will begin by the end of 2024, said Susanne Pulverer, chief executive and chief sustainability officer at Ikea India. The Swedish company is now entering the next phase of growth in the country, marking its presence across major metros and scaling up local sourcing.

G20 Summit that is scheduled to take place from September 9 to 10 in the national capital. It is likely to be attended by more than 30 heads of state and top officials from the European Union and invited guest countries and 14 heads of international organizations.

corporate actions scheduled for this week. Birla Corporation, GMM Pfaudler, APL Apollo Tubes, Tanla Platforms, Gujarat State Petronet, and Metro Brands will trade ex-dividend, while Remedium Lifecare will ex-split this week.Bannari Amman Sugars (Rs 12.5/share), Precision Wires India (Rs 0.36/share), Wardwizard Innovations & Mobility, and Aaron Industries will trade ex-dividend on Monday, 28th August.

G20 Summit, pro-Khalistan messages were found in at least five Delhi Metro stations, officials said on Sunday. A senior police officer said unidentified people wrote ''Delhi Banega Khalistan" and «Khalistan Zindabad'' on the walls of at least five Delhi Metro stations. Legal action is being taken, the officer said. A senior Delhi Metro Rail Corporation official said, „It is a law and order situation.

press release dated 25 August, BMRCL said this “curtailment of metro services comes in order to facilitate the extensions between Krishnarajapura to Baiyappanahalli and Kengeri to Chellaghatta Metro stations, detailed safety tests needs to carried out on 27.08.2023 (Sunday) requiring longer periods." The train service has been curtailed since 7 am today and the regular services will be available from 1 pm. Further adding, it said that after 1 pm, regular train services will be available from Baiyappanahalli to Kengeri Metro Stations and from Krishnarajapura to Whitefield (Kadugodi) Metro Stations till the end of revenue services i.e., up to 11.00 pm as usual.

G20 Summit in Delhi in September, several flights have reportedly been cancelled from Indira Gandhi International (IGI) Airport. Around 160 flights have been canceled at Delhi Airport from September 8 to September 10 due to the G20 Summit. Delhi International Airport Ltd (DIAL), which operates IGI Airport, received requests from airlines for cancellation of 80 departing and 80 arriving domestic flights because of the G20 Summit event which is scheduled to take place on 9 and 10 September.

Dividend Stocks: Shares of several companies including Shipping Corporation of India, NMDC, Birla Corporation, Metro Brands, among many others will trade ex-dividend in the coming week, starting from Monday, August 28. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.

Economic Times has claimed. The Central government has instructed airlines to curtail frequency by a fourth throughout the G20 Summit scheduled to take place in September in the city. As per the English daily, the order has come due to the parking constraints at the Delhi airport.