Traffic Financial News

17.07 / 22:32
CEO Food community wellness Trade President Traffic Darden Restaurants buys Tex-Mex chain Chuy's for $605 million
The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains says it's buying the Tex-Mex chain Chuy’s as it seeks to expand its dining options
17.07 / 19:43
Aviat Manufacturing Sustainability PwC HANS Traffic Updates Budget 2024: What India's aviation sector needs from Sitharaman for a long flight
Budget 2024 to overcome current challenges and support growth. The focus is on enhancing regional connectivity, expanding airport infrastructure, and supporting domestic maintenance, repair and overhaul (MRO) and aircraft leasing. ENHANCED REGIONAL CONNECTIVITY: Strengthen regional connectivity scheme (UDAN) to improve access to underserved and remote regions, boosting connectivity and tourism. «The Indian aviation industry expects a continued focus on enhancing regional connectivity through UDAN and expanding airport infrastructure to support growth,» said Kinjal Shah, Co-group Head, Corporate Ratings, ICRA. INCENTIVES FOR MRO SECTOR:Provide financial incentives domestically, reducing reliance on foreign facilities, fostering local industry growth.
17.07 / 08:54
COST Citi Metro cover travelers Traffic Mumbai's first underground metro to begin running from July 24: Key details
The 33.5 km line will run from Aarey Colony to Cuffe Parade and will have 27 stops. The new line is set to transform urban transit in Mumbai, making travel easier across the city's streets and cutting down traffic congestion, the post further said. Mumbai is set for a transformative change in its transportation network with the launch of its first underground metro line in July.
17.07 / 08:35
Target Progressive Assurant awards WhatsApp Highways Traffic Ambitious Delhi-Mumbai expressway project misses revised 2024 target, delayed further to 2025
Delhi-Mumbai expressway project, touted as a game-changer for Indian infrastructure, faces significant delays primarily due to land-related challenges in Gujarat. According to Times of India sources, two crucial segments totaling 62 kilometers in Gujarat only saw bidding commence in November 2023, while construction on one of these segments began in April this year, and the other started just this month. Initially slated for completion by January 2023, the project has encountered multiple setbacks, pushing the revised target to March 2024, which has also been missed. Sources reveal that constructing each stretch requires a minimum of eighteen months. To expedite progress, the project was divided into smaller 'packages' for faster execution. Officials assure that all outstanding land acquisition issues are being actively addressed. Presently, approximately 630 kilometers of the total 1,386 kilometers have been opened to traffic in various segments. Notable sections include Sohna-Dausa-Sawai Madhopur (293 km) and Jhalawar-MP/Gujarat border (245 km). Authorities express confidence that the 845-kilometer stretch from Sohna to Vadodara will be fully operational by March 2025. Subsequent sections, crucially linking to Mumbai's JNPT port, Jewar Airport in Uttar Pradesh, and Delhi's DND Flyway, are expected to follow suit.
17.07 / 07:52
Provident Fiserv performer reports Department Traffic Summer pause: Small business sales growth tapers in June as consumers take a breather on spending
Small business sales growth slowed in June as consumers took a pause on spending
17.07 / 05:09
markets Strategy Software WhatsApp Traffic Japan's Suzuki aims to cut vehicle weight of key model by 15% over a decade
Suzuki Motor said on Wednesday it plans to cut the weight of its small Alto hatchback by 15% over the next decade, aiming to reduce the vehicle's energy usage and employ those technology gains in other models. The Alto currently weighs 680 kg and the company hopes to lower that by 100 kg. «If a vehicle is heavy, we also have to make the battery and motor larger to get a long range and good performance,» Tatsuya Matsushita, an executive in charge of Suzuki's automotive technology said.
17.07 / 03:45
community Universities Divinity Justice country Traffic Muharram 2024: Know the history, significance of Ashura and cultural practices
Muslims worldwide. It marks the beginning of the new Islamic year and is considered one of the four sacred months in Islam, during which warfare is traditionally prohibited. The month is particularly notable for the Day of Ashura, a day of deep mourning and reflection for many Muslims, especially those of the Shia sect. Muharram and Ashura hold profound religious, historical, and cultural significance for Muslims. While the observances and rituals may differ between Sunni and Shia communities, the underlying themes of faith, sacrifice, and justice resonate universally.
16.07 / 13:52
Parke BABA Diversity travelers recommendations Traffic Mumbai traffic advisory: Road closures for Muharram; Check alternate routes here
Mumbai Traffic Police has issued an advisory ahead of the Muharram procession scheduled for Tuesday, urging residents to follow the suggested routes and diversions to avoid congestion. The advisory outlines specific road closures and alternative routes as a significant number of participants are expected.
15.07 / 21:29
Citi Provident security Fiserv reports Traffic Ironclad security for Trump ahead of the Republican Party’s National Convention; Here are the security details
National Convention, security around the venue and the city of Milwaukee has been increased. This comes immediately after the attempted assassination on the presumptive presidential nominee from the Republican Party. Trump was shot at by Tom Crooks in Butler in the state of Pennsylvania. He survived the assassination attempt by a whisker. Many are describing this arrangement as a ring of steel and there will be a multi-layer security. The entire venue of the convention has been secured and the city is also under a thick layer of security. Further, the residents of this small town have mixed feelings about this increased security.
15.07 / 19:41
Target FIVE Strategy Trade country Traffic International Adani upbeat on its India ports biz, expects volumes to double in 5 years
Adani Group expects its ports business to grow at a robust pace, with the Indian operations expected to double by volume in five years, said a senior company executive. Speaking to ET, Karan Adani, managing director of Adani Ports and SEZ (APSEZ) said the aim is to transform India's leading port operator into a global ports hub by boosting the share of international traffic. The ports business currently gets about 5% of its total volume from international operations, which it is aiming to double by 2030, said Adani. The ports business has been seeing exponential growth in the past few years, and Adani expects the trajectory to continue. «Currently, the split between our ports and logistics segment is 70:30, and we expect the same to continue because while our logistics segment is growing, so is our ports segment, and that too at a much faster pace,» he said. Revenue from the ports segment grew to Rs 20,972 crore in FY24, from Rs 17,304 crore in the previous year. On the other hand, revenue from the logistics segment grew to Rs 2,079 crore from Rs 1,744 crore in the same period.
14.07 / 04:53
Citi Extreme Yellow isolate Department Traffic Updates Mumbai rains LIVE Updates: Heavy showers disrupt traffic, rescheduled trains, high tide warning and more here
Mumbai rains LIVE Updates: The Regional Meteorological Department (RMC) issued a yellow alert for Mumbai and Palghar. RMC in its weather report stated, “Heavy to very heavy rainfall in a few places with extremely heavy rainfall at isolated places very likely."Meanwhile, red alert for heavy showers is in place for four districts of Maharashtra including Satara, Kolhapur, Sindhudurg and Ratnagiri.
13.07 / 13:06
WhatsApp show reports Traffic Cargo traffic at 12 major Indian ports rises 6.8 pc to 69.8 MT in Jun
Cargo traffic across 12 major Indian ports rose 6.8 per cent to 69.08 million tonnes (MT) in June from 64.69 MT in the year-ago month, with ten ports showing positive growth while the remaining two witnessed a decline. Jawaharlal Nehru Port in Maharashtra recorded the highest growth in cargo handling at 15.12 per cent during the reporting month, followed by Cochin Port with 15.12 per cent, Kamarajar Port (10.70 per cent), Deendayal Port (8.57 per cent) and New Mangalore Port (8.53 per cent), according to the data released by the major ports' apex body Indian Ports Association (IPA). The 12 major ports are Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V O Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port. According to the IPA, VO Chidambaranar Port's cargo traffic grew 7.73 per cent and Paradip Port 7.41 per cent growth, respectively, during the previous month.
13.07 / 11:58
FIVE security Highways Death reports prevention Traffic US national highway agency issues advisory over faulty air bag replacements in used cars
The National Highway Traffic Safety Administration is warning drivers about “cheap, substandard replacement air bag inflators” that can fail to prevent serious injuries or death in a vehicle wreck
13.07 / 11:34
Citi Waters economy Glacier community stage Traffic An Alaska tourist spot will vote whether to ban cruise ships on Saturdays to give locals a break
Each year, a crush of tourists arrives in Alaska’s capital city on cruise ships to see wonders like the fast-diminishing Mendenhall Glacier
13.07 / 11:02
UPS Citi Platform Food travelers Traffic Under pressure from cities, DoorDash steps up efforts to ensure its drivers don't break traffic laws
DoorDash says it’s stepping up efforts to identify dangerous delivery drivers and remove them from its platform after a flood of complaints from cities
13.07 / 10:59
Art WhatsApp Inside stars Schools Traffic Odisha Police to use AI for traffic, crowd management during Lord Jagannath Rath Yatra
Odisha Police will use AI technology on a pilot basis for effective traffic and crowd management during the Lord Jagannath Rath Yatra, a senior police official said. The Rath Yatra, also known as the Chariot festival, is believed to be as old as the Jagannath Temple in Puri. This year, Lord Jagannath Yatra will take place on July 7. «This is the first time, as a pilot project, we are trying to use AI-based CCTV coverage where all those CCTV points which we have around 40 points where we have placed CCTV cameras. We would be using AI amalgamated with the CCTV system. We would also be using a drone system to identify the blind spots, identify the jam areas. We are also using drones along with the PA (Public address) system so that there are 4-5 identified spots every year where we normally face huge traffic jams and to help assist the police officers,» Additional DGP, Odisha, Dayal Gangwar, told on Saturday.
13.07 / 10:50
Man Celebrity performer stars Traffic politician International The son of Asia's richest man marries in the year's most extravagant wedding
The youngest son of Mukesh Ambani, Asia’s richest man, has married his longtime girlfriend in what many have dubbed the wedding of the year attended by global celebrities, business tycoons and politicians, highlighting the billionaire’s staggering weal...
13.07 / 10:17
CEO Sustainability Metro Diversity stars Features Traffic Alphacorp to invest Rs 350 crore in luxury residential project in Gurgaon
Alphacorp has entered into a joint venture to develop a luxury residential project in Gurgaon, with an investment of Rs 350 crore. The company will develop 500,000 sq ft on two 2 land parcels — one 2.38 acre and another 2.36 acre. There will be 29-floors and the company will develop 200 units, expecting a revenue of Rs 600 crore.
13.07 / 09:07
Citi Provident Platform Highways cover Traffic Updates PM Modi to visit Mumbai, lay foundation stone of projects worth more than Rs 29,400 crore
Modi is set to embark on his visit to Mumbai, Maharashtra today. This will be Narendra Modi's first visit to Mumbai since taking the oath as Prime Minister for the third consecutive term on June 9, following the National Democratic Alliance (NDA)'s victory in the Lok Sabha polls. Around 5:30 p.m., the Prime Minister will arrive at the NESCO Exhibition Centre, Goregaon, Mumbai, where he will launch, dedicate to the nation, and lay the foundation stone for multiple projects related to the road, railways, and ports sector worth more than Rs 29,400 crore.
13.07 / 08:52
Citi Twitter Waters show Traffic Videos Mumbai Rains: Flights issue advisory, refund instructions
Mumbai airport. IndiGo and Vistara issued an advisory for its passengers. «Heavy traffic congestion and slow vehicle movement are expected enroute to Mumbai Airport today due to weather conditions. Customers are advised to allow more time for their journey to the airport,» said Vistara in a post on X.
13.07 / 07:48
security Southern SPY country Traffic International Satellite images reveal the presence of Chinese spy bases in Cuba. Should the US be concerned?
Cuba, close to the coast of Florida. China has traditionally lacked spying facilities in North America and this news has the potential to raise the level of conflict between China and the US. The Centre for Strategic and International Studies found the presence of these Chinese facilities after analyzing satellites images from Cuba. These facilities are close to the Florida coast and threaten the national security and the commercial interest of the US. They are located just 100 miles, off the coast of Florida.

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