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    INDIAN ROADS

    RLDA invites bid to redevelop railway colony in Delhi’s Civil Lines for Rs 318 crore

    The Rail Land Development Authority (RLDA) of Indian Railways has initiated the bidding process for the lease and redevelopment of the Boulevard Road Railway Colony in Delhi. Spanning approximately 2.156 hectares, the site boasts a prime location near Tis Hazari Metro Station and the Rani Jhansi Flyover along Lala Hardev Sahai Marg/GT Karnal Road. The lease, set for 99 years, carries a reserve price of Rs 318 crore, offering a substantial Floor Area Ratio (FAR) of 16,176.26 sqm. Positioned within the Residential Bungalow Zone, the redevelopment must align with Delhi's Master Plan and Development Control Regulations.

    Ashok Leyland bags single largest order of 2,104 fully built buses from Maharashtra government

    Ashok Leyland has secured a big order from MSRTC for 2,104 Viking passenger buses worth Rs 981.45 Crores. These buses, compliant with CMVR standards, will feature advanced technology like iGEN6 BS VI OBD II, with production ensuring enhanced safety and comfort. This partnership underscores Ashok Leyland's commitment to advancing public transportation.

    My aim is to make Mumbai global fintech capital, says PM Modi as he launches Rs 29,000 crore infrastructure projects

    Prime Minister Narendra Modi has launched a Rs 29,000 crore investment drive in Mumbai, focusing on crucial infrastructure projects in roads, railways, and ports. This aims to elevate Maharashtra as a global financial powerhouse, with Mumbai set to lead in fintech. PM Modi highlighted the projects at Goregaon's NESCO Exhibition Centre, emphasizing their role in boosting economic growth and connectivity. Key projects include the Goregaon-Mulund Link Road to reduce travel time and enhance urban mobility, underscoring a commitment to sustainable development in Mumbai.

    Why Nirmala Sitharaman should not go for any big-bang changes in Budget

    We were already in a secular, long-term bull market much before the elections were announced due to a variety of factors. Uncertainty ahead of the election has been overcome and people are expressing their expectations to the government about what it should do in its forthcoming budget.

    PM Modi to visit Mumbai, lay foundation stone of projects worth more than Rs 29,400 crore

    Prime Minister Narendra Modi will visit Mumbai for the first time since re-election. He will launch projects worth over Rs 29,400 crore in road, railways, and ports sectors. He will inaugurate INS Towers at Bandra Kurla Complex, lay foundation stones for GMLR tunnel project, Kalyan Yard remodelling, and Gati Shakti Multi-Modal Cargo Terminal. Also, dedicate new platforms at railway stations and launch Mukhyamantri Yuva Karya Prashikshan Yojana to tackle youth unemployment.

    Sanofi India decides to put headquarters in Mumbai on the block

    Sanofi's Indian subsidiary is planning to sell its 150,000 sq ft standalone property in Mumbai's Powai area, which serves as its current headquarters, to focus on monetization and operational consolidation. The move follows the acquisition of a long-term lease for an office in Vikhroli suburb, where Sanofi Consumer Healthcare will relocate as part of a broader strategy. The Powai property sale is expected to yield approximately Rs 250 crore based on current market rates.

    • Bengaluru Police file FIR against Virat Kohli-owned pub on MG Road

      Bengaluru police register FIR against One8 Commune pub and others for operating beyond 1 am closing time. Complaints of loud music led to action. Investigation ongoing to determine further steps. Virat Kohli's Bengaluru branch under scrutiny for serving customers at 1:20 am, exceeding allowed time limit.

      'Jobless growth': Congress slams govt over 'accentuated unemployment crisis'

      The Congress criticized the Modi government for exacerbating India's unemployment crisis due to failed policies like demonetization and GST. Citing a Citigroup report, they highlighted the urgent need for job creation and reforms to address the high unemployment rates in the country.

      In India, road accidents claim 19 lives every hour. Can AI make driving safer?

      Startups are using AI tools to analyse driver behaviour in an effort to make the operations of fleet operators easier.

      Mumbai halts for victory parade as all roads lead to Marine Drive

      South Mumbai saw severe traffic snarls as a sea of people gathered at Marine Drive for the Indian cricket team’s victory parade. Trains to Churchgate and Chhatrapati Shivaji Maharaj Terminus were packed. Roads echoed with patriotic chants from Tricolour-waving fans in blue jerseys, despite intermittent rains. Security personnel, with megaphones, guided crowds. Marine Drive was full by evening, causing gridlock in southern Mumbai, with vehicles bumper to bumper. Motorists faced long delays. Civic-run BEST buses were halted due to parking and overcrowding, affecting ten routes. The Marine Lines to Chowpatty journey took hours. The parade’s significance led to massive disruptions.

      Delhi-NCR rain: Heavy rains in the capital city, roads flooded, Delhi metro updates

      Before the monsoon declaration, Delhi-NCR faced heavy rain. The Safdarjung Observatory recorded 154 mm of rain. A roof collapse at Terminal 1 led to a temperature drop to 35.4 °C, disrupting flight departures.

      Sikkim floods: 70 Ft Bailey Bridge built in 72 hours, Indian Army's Trishakti Corps' swift response
      After proposing no tolls for poor highways, Nitin Gadkari asks officials to work on passes for cars

      Union Road Transport Minister Nitin Gadkari has proposed the introduction of monthly or annual passes for cars on the National Highway network to simplify toll collection and reduce commuter hassles. This suggestion comes alongside his call for tolls to be waived on poorly maintained highways, emphasizing the need for quality service before collecting tolls.

      On the way: Production of Bitumen using biomass

      India plans to produce bio-bitumen from biomass to reduce imports and tackle stubble burning issues in road construction.

      Diversion ahead? For Chinese EVs, the road may fork out to India

      The European Union's decision to hike tariffs on cheap electric vehicles made by Chinese companies has sparked concerns about unfair competition and the impact on the global auto sector. The move could lead to a reshuffling of the market dynamics, with potential consequences for both Chinese and European automakers.

      Maruti 800 to Toyota Qualis: Iconic cars that changed India's road travel scene

      During the late 1900s, owning a car was not a necessity but rather a luxury. This was the time when only a few models ruled the Indian roads, and they became so popular that everyone wanted them. They essentially started a revolution in India's car scenario and paved the way for how the country travels today.

      International Road Federation calls for reducing GST on helmets from 18% to nil

      In a statement issued on Wednesday, IRF said removing GST on helmets will make standard helmets more affordable for the masses and will discourage them from buying helmets of substandard quality, thereby reducing chances of head injury and death among two-wheeler riders during a road accident.

      Road ministry to roll-out satellite based toll collection on highways soon

      The National Highways Authority of India, under the ministry of road transport and highways, has invited bids for to develop and implement GNSS-based electronic toll collection system in India, first on commercial vehicles and extended to private vehicles over the next two years.

      Ludhiana toll road lenders approve NARCL's Rs 270 cr offer to settle debt

      The Ludhiana Toll Road project, initially planned to be completed by 2014, became a non-performing loan due to delays. PNB is the lead lender, with other creditors including Central Bank and Indian Overseas Bank.

      Cyclone 'Remal' hits north east hard; houses destroyed, roads inundated as flood ravages Manipur
      Lok Sabha elections: What the new govt's road-ahead might look like

      Vote counting is scheduled for June 4, and analysts anticipate Prime Minister Narendra Modi securing a third consecutive term.

      IHCL opens 86-key Ginger hotel in Nagpur

      IHCL opened an 86-key Ginger hotel in Nagpur near Dr Babasaheb Ambedkar Airport, offering seamless connectivity to the new metro line. The opening aligns with IHCL's vision of establishing a presence in key commercial centres.

      Incessant rains disrupt life in Kerala, submerge Kochi roads

      Incessant rains and gusty winds disrupt normal life in Kerala, causing road submersion and tree damage. Heavy rains in Thiruvananthapuram lead to tree uprooting and hill collapse. Eco-tourism centre closed in Varkala due to bad weather.

      "Wave against BJP in Haryana" says Priyanka Gandhi at Sirsa road show

      Speaking to ANI, Priyanka Gandhi said that the people are tired of the politics done by the BJP. "There is a wave against the BJP in Haryana. People are tired of their (BJP) politics. There is too much unemployment, inflation is at its peak. Change will come," she said.

      Three Indian-origin students killed in road accident in US

      Two of the occupants - Joshi and Avasarala - were found dead at the scene. The remaining three occupants were transported to North Fulton Hospital for treatment. Sharma succumbed to injuries at the hospital, Alpharetta police said in a statement.

      IMEC: Indian team in UAE discusses start of work on trade route

      An Indian delegation visited ports in the United Arab Emirates, including the Port of Fujairah, to discuss kickstarting the India-UAE leg of the proposed India-Middle East-Europe Economic Corridor (IMEC) with customs authorities. The visit aimed at preparing the India-UAE leg of the IMEC while awaiting peace in the region for the Israel part.

      PM's active role, personal monitoring responsible for infrastructure sector turnaround, says FM

      Nirmala Sitharaman praises PM Narendra Modi for reviving the infrastructure sector, highlighting the neglect during the UPA regime and the significant advancements made under the Modi government, including the expansion of the Metro network, growth in the aviation sector, and initiatives to boost the maritime ecosystem.

      When Sunny Leone brought this Indian city to a standstill

      Sunny Leone's visit to Kochi in 2017 for a smartphone brand launch created a frenzy among fans, reminiscent of Shah Rukh Khan's visit earlier. Thousands gathered at MG Road, causing a standstill, to catch a glimpse of the star. Sunny, touched by the love, expressed gratitude and admiration for Kerala, where she continues to enjoy a special bond with fans despite occasional criticism.

      Construction equipment sales rise 26% to 1,35,650 units in FY24: ICEMA

      India's construction equipment industry saw a 26% increase in sales to 1,35,650 units in the 2023-24 fiscal, thanks to the government's infrastructure-led growth agenda. The Indian Construction Equipment Manufacturers' Association (ICEMA) reported that the industry sold 1,07,779 units in the previous fiscal year. The government's infra-led growth agenda and pre-election impetus on projects in the pipeline triggered positive growth in all five major construction equipment segments.

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