The efforts include road safety audits to detect faults in engineering, inadequate signage, and lack of lighting. These are addressed by liaising with concerned civic agencies. New Delhi: Fatal accidents and road deaths resulting from the mishaps across key traffic zones have dropped by nearly 15per cent in the first five months of 2025 as… Continue reading Brake through: Fatal accidents dip 15% on city roads
Author: Economic Times of India Online News
PAC voices worries about FASTags and highway toll hikes
FASTags not properly working, extra money charged by toll plazas and the quality of roads being constructed were some of the issues that drew concern from the members of Parliament’s Public Accounts Committee, its chairperson and Congress MP K C Venugopal said Thursday. The recent collapse of a part of a national highway in Kerala… Continue reading PAC voices worries about FASTags and highway toll hikes
JSW Steel flags risks from elevated Chinese exports
Chinese steel exports remain at an elevated level and the Indian players need to be watchful even as no surge has been seen in import bookings in the country, a JSW Steel official said. Replying to a question on imports during an investor call, JSW Steel Joint MD and CEO Jayant Acharya said, “Imports if… Continue reading JSW Steel flags risks from elevated Chinese exports
Cube Highways Trust declares total distribution of ₹11 per Ordinary Unit for FY25
Cube Highways Trust (Cube InvIT) said its consolidated income grew 12.3 percent to ₹3,453 crore in FY25. Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors Pvt Ltd, has approved a Distribution Per Unit (DPU) of ₹3.75 for the quarter, payable to ordinary unitholders. The total distribution for the quarter amounts to ₹500… Continue reading Cube Highways Trust declares total distribution of ₹11 per Ordinary Unit for FY25
India shines as bright spot for global steel industry: Jefferies Report
India shines as bright spot for global steel industry, says Jefferies Report India is emerging as a strong growth market for steel, standing out as the only large country to report meaningful volume growth between 2019 and 2024, according to a recent report by Jefferies. While global steel production fell one per cent during this… Continue reading India shines as bright spot for global steel industry: Jefferies Report
Tamil Nadu hikes pay for over 1 lakh transport staff
Basic pay for more than 1.09 lakh employees of Tamil Nadu’s state-run transport corporations will go up by 6 per cent with arrears paid in four quarterly instalments starting Sept 2024, as per the 15th wage revision settlement finalized on Thursday. The revision will benefit 48,000 drivers, 42,800 conductors, 13,000 workshop staff, and 2,500 others… Continue reading Tamil Nadu hikes pay for over 1 lakh transport staff
Kanakia inks JV with Hines, Mitsubishi Estate, Sumitomo to develop office complex in Mumbai
“This project marks a significant milestone in our journey in India,” said Amit Diwan, Senior Managing Director and Head of India at Hines. Realty firm Kanakia Group has tied up with US-based Hines, Mitsubishi Estate and Sumitomo Corporation to develop a premium 15 lakh square feet office complex at BKC in Mumbai. In a statement… Continue reading Kanakia inks JV with Hines, Mitsubishi Estate, Sumitomo to develop office complex in Mumbai
Nuvama sees India as auto safe haven, bets on Eicher, TVS, M&M, Maruti amid global slowdown
“Domestic 2Ws and PVs continue to see tailwinds from demand and product refresh. Export-oriented names should gradually recover as overseas demand stabilises,” Nuvama said. Nuvama Institutional Equities is betting on Indian two-wheeler, passenger vehicle and tractor majors including Eicher Motors, TVS Motors, Maruti Suzuki and Mahindra & Mahindra to outperform, citing resilient domestic demand and… Continue reading Nuvama sees India as auto safe haven, bets on Eicher, TVS, M&M, Maruti amid global slowdown
TVS Supply Chain Solutions narrows net loss by 83% QoQ to ₹3.9 crore in Q4FY25
For the full fiscal year, the company’s revenue from operations increased by 8.6% year-on-year to ₹9,995.7 crore in FY25, up from ₹9,200 crore in FY24. TVS Supply Chain Solutions narrowed its consolidated net loss by 83.61per cent quarter-on-quarter to ₹3.9 crore in Q4FY25, compared to a consolidated net loss of ₹23.8 crore in Q3FY25. On… Continue reading TVS Supply Chain Solutions narrows net loss by 83% QoQ to ₹3.9 crore in Q4FY25
Bajaj Auto to infuse 60% of its FY26 capex into EV biz
Updated On May 30, 2025 at 09:45 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Bajaj Chetak Buoyed by the good show demonstrated by its electric vehicles (EVs), Bajaj Auto is set to infuse more than half of its planned capex for FY26 into its EV business. The two-and three wheeler… Continue reading Bajaj Auto to infuse 60% of its FY26 capex into EV biz