BUSINESS
Stake sale should happen by January-February, says IRCON chief SK Chaudhary
The stake sale should be completed by January or February and there should be no reason for any delay. We are ready from our side although the DIPAM will decide on the time, IRCON chief SK Chaudhary tells Moneycontrol in an interview.
BUSINESS
Confident we'll get enough funds as per National Infrastructure Pipeline target: Road ministry secretary Giridhar Aramane
In an interview with Moneycontrol, Giridhar Aramane said the Road Ministry may spend more than the allocated amount, adding that the 11,000 km target will generate employment on a large scale.
BUSINESS
The kulhad-Indian Railways chapter set for a fresh start
The decision to implement the use of kulhads is expected to generate employment and also help in reducing usage of plastic.
BUSINESS
L&T's construction arm emerges as lowest bidder for NPCIL's Kudankulam 5,6 main plant construction
Work includes construction of reactor building, reactor auxiliary building, turbine building and other associated safety related structures for the two new units.
BUSINESS
Toll collection only via FASTags laced with challenges, says expert
Samir Kanabar, Partner, EY India, says the move's success hinges on a number of factors, most importantly every state government's intent to embrace this change.
BUSINESS
How Kisan Rail has become a crucial service for Indian Railways
An indication of its popularity can be gauged from the fact that Jeur, a small station under Solapur Division and a centre for loading fruits, witnessed more than 400 tonnes of fruits being loaded in November through Kisan Rail.
BUSINESS
IPL | Addition of new teams on the cards; BCCI, Star hold talks
The Board of Control for Cricket in India is expected to take a decision on this matter in its forthcoming Annual General Meeting, scheduled to be held on December 24.
BUSINESS
Railways' aim of increasing modal share of freight to 40% not an impossible target: Expert
Automobile loading growth too is witnessing steady growth with cumulative automobile loading surpassing last year’s loading by 39 percent
BUSINESS
Mumbai-Ahmedabad bullet train project: Shot in the arm for domestic firms
Two major contract packages, worth Rs 32,000 crore and covering 325 kilometres length of viaduct and five stations in Gujarat have already been awarded
BUSINESS
Multimodal connectivity can be a gamechanger: Expert
Arindam Guha, partner and government and public services leader at Deloitte India, said the initiative will also lead to generation of jobs in the logistics sector and will help in attracting big foreign companies.
BUSINESS
Bullet train project: Hope to play a significant role, says RITES Chairman Rajeev Mehrotra
In an interview with Moneycontrol, Mehrotra talks about the impact of COVID-19 on operations, private trains project and employee retention.
BUSINESS
India's tour of Australia 2020: Will WFH give a boost to viewership figures?
The broadcast rights holder Sony Pictures Sports Networks too is expecting to cash in on the pent-up demand for live Indian cricket team action.
BUSINESS
Punjab farmer protests: As Indian Railways resumes services, a look at why the issue snowballed
The issue is yet to be completely resolved as the farmers have said they will resume their agitation if their grievances are not addressed within 15 days.
BUSINESS
Private trains: Despite huge interest, too early to uncork the bubbly
Lack of clarity over the regulator, slot availability, lack of freedom over usage of rakes vexing companies.
BUSINESS
Maintenance of highways: Will foreign companies do a better job?
Samir Kanabar, Partner, EY India, told Moneycontrol that the move may become a gamechanger for the sector.
BUSINESS
Tejas Express fails to entice passengers as COVID-19 continues to play spoilsport
IRCTC has said the 'decision may be reviewed after seeing the occupancy of Indian Railways in these sectors in the future'.
BUSINESS
Truck rentals buoyant in festival season, likely to remain firm in next fortnight: IFTRT
Indirect employment generated by every vehicle has a huge multiplier effect on the unorganised sector. The quantum jump in kharif crop harvest and micro, small and medium enterprises (MSMEs) rebounding led to this growth.
BUSINESS
Rise in FASTag users indicates toll collections on the mend
Improvement in toll collections will come as a relief to NHAI, which faces a daunting debt servicing blockade.
POLICY
Equity infusion in NIIF to benefit projects that may not pass hurdle rate requirement of private entities
The government, as part of the 'Atmanirbhar Bharat 3.0' initiative to tackle the economic fallout of the coronavirus pandemic, said Rs 6,000 crore of equity investment will be made in the debt platform of NIIF.
BUSINESS
India is not yet ready for app-based sports viewing: Harish Thawani, Neo Sports founder
He feels sports is mostly consumed live and thus, ideally suited for linear TV channels instead of over-the-top (OTT) platforms. The Indian Premier League (IPL), recently streamed on Disney+ Hotstar, also did not set viewership numbers alight.
BUSINESS
L&T emerges as lowest bidder to construct India's longest road bridge over a river
L&T's bid of Rs 3,166 crore was around Rs 1,000 crore lower than SP Singla Constructions.
BUSINESS
Punjab farmers' stir: Agitation continues to halt trains ahead of Diwali, double whammy for Indian Railways
The suspension of trains since September has led to shortage of fertiliser and coal stock among other commodities. Railways, which is already reeling under the impact of the COVID-19 pandemic, has lost Rs 1,200 crore in revenue.
BUSINESS
Railways' renewed focus on automobile loading set to yield positive results
Apart from Maruti Suzuki and Hyundai, other carmakers like Mahindra & Mahindra, Tata Motors, Kia are also using the services of the Indian Railways
BUSINESS
Soon, a passenger train may not stop at a station near you. Here's why
Although an official announcement is yet to be made, the zero-based timetable has generated anxious reactions among a section of the society with some train activists launching online campaigns and vociferously protesting against its implementation.
