PUBLIC TRANSIT TICKETS
India's EV plans to get a policy boost as govt may fast-track 3 big-ticket schemes
The Indian government plans to fast-track three major electric vehicle schemes in its first hundred days, including incentives for local battery production and electric bus procurement under FAME 3. Aimed at boosting clean mobility, these initiatives aim to propel India towards net-zero goals amid rising global demand for EVs.
What to expect from the Budget going forward? Sanjiv Puri answers
So, we are on a solid foundation because of certain initiatives that have taken place. It is not that it just happened like that. So, there is a reason for which and it sets the economy on a solid foundation.
Google Wallet launched in India: Step-by-step guide on how to use it; how it is different from Google Pay explained
Google Wallet: This article is about how to use Google Wallet and how different is it from Google Pay. As per Google, this wallet can be used for various utility functions like storing Air India, Indigo Airlines flight boarding pass, PVR and INOX cinema tickets. Read here to know more.
67% of online bus ticket bookings in India come from non-metro regions: redBus report
redBus, the world's largest online bus ticketing platform, has launched India BusTrack, a report on the Indian intercity bus industry. The inaugural report covers key parameters reflecting the industry's health and trends in November and December 2023, focusing on private bus operators. It reveals a gross ticketing value of Rs 3600 crore and 36.06 million passengers during the period. The report also highlights Maharashtra and Goa as top performers in bus occupancy, while metros contributed 33% to bus bookings, indicating a growing importance of tier-II and tier-III cities.
RBI allows banks to issue prepaid wallets for public transport systems
In a notification issued today, the central bank amended its norms on issuance of prepaid wallets to allow special wallets to be issued for tickets in public transport systems.
Metro station inside a building: Chennai Metro unveils big property plan around stations in Tamil Nadu
Chennai Metro Rail Limited (CMRL) has announced an innovative plan to develop properties around metro stations in three locations, including Thirumangalam. The aim is to create a transit-oriented development plan that integrates buildings, people, activities, and public transit. The plan includes the construction of 12-storey buildings at Thirumangalam, Koyambedu, and Thirumayilai, with metro stations incorporated into the structures.
ET CEO Roundtable: Tech, talent & risk capital can book India’s ticket to future
Key question is who’s going to win, Arthur Burns or Paul Volcker. Which way is inflation going to go? Deep at night you feel inflation is coming down... in the morning ... it feels like it’s going up, says Uday Kotak at ET CEO Roundtable. While Nitin Kamath said If you want the markets to truly expand and the customers to be truly sticking around for long periods, we need to find ways to enable the advisory network in this country.
Namo Bharat RRTS Train services to open for public on Saturday. Here's all you should know
The semi-high-speed 'Namo Bharat' train services on the 17-kilometer priority section of India's first Regional Rapid Transit System (RRTS) rail corridor will be open to the public starting from Saturday morning. Prime Minister Narendra Modi inaugurated this section and took a ride on the train. The trains will operate between 6 am and 11 pm with an initial frequency of every 15 minutes.
Karnataka: Women safety to be a real, and holistic 'pink incentive' for mobility
A free public service often deteriorates in quality as its maintenance is neglected. The political will should be rather on designing the overall transportation keeping women safety and their mobility needs in mind.
Bank of America expects $10 billion in India green deals in 2023
Deals and investments will continue to flow into areas such as electric vehicles and green hydrogen, Kaku Nakhate, the lender’s president and India country head, said in an interview, as investors look to reflect the energy transition in their portfolios.
OAKS Asset Management enters public equities PMS with a minimum ticket size of Rs 5 crore
According to Debashish Bose, India is transforming from a low-income to a middle-income economy on the back of geopolitical, technological, and social developments. “The ABC Portfolio seeks to capture trends strongly benefiting from this transition.”
Paycraft partners with AMTRON to implement NCMC ticketing, payment solutions globally
The focus will be in line with implementing Prime Minister Narendra Modi's vision of One Nation One Card and will be built on National Common Mobility Card (NCMC) specifications of NPCI.
Ticket to the FIFA World Cup 2022: If you're flying to Qatar, here's what you should know
For those planning to attend, the time to get tickets and a place to stay is now.
View: Public transportation in urban India poised for huge transformation
For OEMs, it is a clear signal of intent of the scale and phasing of e-bus transition across India. This will help them harmonise their investment and production lines to meet the spike in demand. Hopefully, this will also trigger deeper investment in technology.
After 5 months, Delhi Metro set to welcome commuters with abundant caution, Covid-protocols in place
As a precautionary measure and to avoid human contact, automatic thermal scanners have been placed at the platforms along with sanitizer dispensing machines for the passengers and the staff. Notably, tokens will not be permitted for travelling, only smart cards will be allowed.
Contact-less: Soon, pay through a mobile app for your bus ticket in Delhi
The app will be integrated with the ‘One Delhi’ application developed by the Delhi Integrated Multi-Modal Transit System Ltd for Cluster buses. It will not only show that the ETA of a bus is five minutes but where exactly it is and what its occupancy is.
Digitising transit payments key to a cashless economy
Most Indians are hassled by long queues at ticket counters, toll plazas, bus stops, petrol pumps and even at parking stations to purchase tickets; taking the wallet out, counting the currency, and more often than not getting the due back because the person at the counter doesn’t have the ‘change.’
Ad hoarding ban dents metro, BMTC revenue
While the BMRCL is expected to lose about ₹10 crore a year, the BMTC’s annual loss is estimated to be around ₹4.2 crore due to the ban on outdoor advertising.
Bengaluru Metro’s reluctance to answering RTIs irks citizens
The annual report shows the BMRCL received 375 and 254 RTI applications in 2016-17 and 2015-16 respectively. It does not say if answers were furnished to all these applications.
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