Ahead of the G20 Summit, the Municipal Corporation of Delhi (MCD) has planned a special drive starting August 16 for cleaning and upkeep of 26 prominent roads in the city, officials said on Saturday. The G20 Summit is slated to take place on September 9-10 at a recently-inaugurated state-of-the-art convention complex at Pragati Maidan. As […]
Category: Roads
National Highway 205 blocked in Himachal near Bilaspur due to landslide
National Highway 205 (NH 205) was on Sunday blocked at Dakesh in the Bilaspur district of Himachal Pradesh due to a landslide, said authorities. They also said that two trucks and one light motor vehicle were damaged in the landslide. “NH 205 totally blocked at Dakesh due to a landslide. Two trucks & one LMV […]
Women to handle toll booth ops with a turnover of Rs 2 cr annually in MP
To empower women of the state, the Madhya Pradesh government has decided that women will now handle the operation of toll booths with a turnover of up to Rs 2 crore annually. Chief Minister Shivraj Singh Chouhan reiterated this decision in a program organized in Anuppur district. Recently, the Council of Ministers approved the policy […]
Cube Highways Trust reports Rs 781 cr consolidated net income in June qtr
Cube Highways Trust (Cube InvIT) has posted a consolidated income of Rs 781.5 crore for the quarter ended on June 30, 2023. Earning before interest tax depreciation and amortisation was Rs 422.89 crore during the period under review, Cube InvIT said. These are its first quarterly earnings as the investment trust was listed in India […]
11 industrial corridors being developed across the nation, says Centre
The Centre is developing 11 industrial corridor projects as part of the National Industrial Corridor Programme (NICP) across the country in a phased manner, said the Ministry of Commerce & Industry on Friday. The industrial corridors being developed by the Centre are as follows: Delhi Mumbai Industrial Corridor (DMIC) Chennai Bengaluru Industrial Corridor (CBIC) Amritsar […]
Gadkari inaugurates multi-level flyover in Pune, pitches for skybus service
Union Minister of Road Transport and Highways on Saturday inaugurated a multi-level flyover built at Chandni Chowk in Maharashtra’s Pune and said it will address traffic congestion in the city. He also pitched for skybus services here. While Chief Minister Eknath Shinde was not present at the event, deputy CMs Devendra Fadnavis and Ajit Pawar […]
Delhi HC asks NHAI to pay Rs 1,204 cr to subsidiary: Reliance Infra
The Delhi High Court has directed the National Highway Authority of India (NHAI) to pay an arbitral award of Rs 1,204 crore to TK Toll Road Pvt Ltd (TKTR), a wholly-owned subsidiary of Reliance Infrastructure Ltd, according to an exchange filing. In the regulatory filing, Reliance Infrastructure Ltd said the High Court in its August […]
HCC zooms 15% to hit over 5-year high on heavy volumes
Shares of Hindustan Construction Company(HCC) zoomed 15 per cent to hit over five-year high of Rs 23.29 per share, in Wednesday’s intra-day trade, amid heavy volumes in an otherwise weak market. In comparison, the S&P BSE Sensex was down 0.52 per cent at 65,503 at 11:54 am. The stock of civil construction company quoted its […]
Paying road tax online in India: Everything you need to know about this tax
When you decide to purchase a bike or a car, the road tax is included in the last expense of the vehicle or its on-road cost. If you desire to drive your vehicle in a specific region or city, you need to pay road tax of that specific state. In India, both the central and […]
NHAI, Railways on track to achieve 60% of capital expenditure target in H1
Capital expenditure by 54 large central public sector enterprises and five departmental arms, having annual capex targets of Rs 100 crore and above, have collectively spent around 35 per cent of their annual capex target of Rs 7.33 trillion in the first four months of this financial year, a senior financial ministry told Business Standard. […]
Landslide in Ramban blocks Jammu-Srinagar highway, Amarnath Yatra halted
The annual pilgrimage to the holy cave shrine of Shri Amarnath from Jammu to Srinagar was suspended on Wednesday due to a landslide on the Jammu-Srinagar National Highway in Ramban district, officials said. Meanwhile, the Yatra will also be suspended from Pantha Chowk yatra base camp to Jammu and it will be resumed after road […]
Centre creating obstacles in Kerala’s development: CM Vijayan in Assembly
Kerala Chief Minister Pinarayi Vijayan on Tuesday accused the Centre of creating obstacles in the state’s development by its various policies like considering loans taken by KIIFB as debt of the state. Speaking in the Assembly, the Chief Minister alleged that the Centre was arbitrarily adding loans taken by the Kerala Infrastructure Investment Fund Board […]