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Changing track, CONCOR to switch to new land lease regime of Indian Railways, says a top official
CONCOR has applied for migrating its flagship facility at Tughlakhabad to the Gati Shakti Cargo terminal scheme; the plan will be replicated in other terminals run on Indian Railways land. The move will queer the pitch for the planned privatisation
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Reliance faces many hurdles in getting crucial crude delivered as global market struggles
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InterGlobe’s Rahul Bhatia gets a close look at Archer Aviation’s eVTOL
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Container volume likely to grow 8 pc to 342 million tonnes this fiscal: Report
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GAIL hires a new build LNG carrier for 14 years to ship cargo from US
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Norway sovereign wealth fund excludes Adani Ports over ethical concerns
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Efkon-Strabag join hands with leading IITs
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Indian airports record better traffic recovery compared to global counterparts, says ICRA report
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Club Vistara to soon be a part of Air India's Flying Returns as merger process kicks off
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Changing track, CONCOR to switch to new land lease regime of Indian Railways, says a top official
CONCOR has applied for migrating its flagship facility at Tughlakhabad to the Gati Shakti Cargo terminal scheme; the plan will be replicated in other terminals run on Indian Railways land. The move will queer the pitch for the planned privatisation
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7 hoardings of ad companies in breach of BMC cap on railway land
Ego Media's hoardings on railway land in Dadar East exceed BMC's size limits, prompting a notice from Ashwini Joshi. BMC's policy restricts hoarding sizes and specifies limits for different structures.
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ADAS Technology leads to 41% drop in Aapli bus accidents in Nagpur
According to a report submitted by iRASTE to the NMC, data collected from January 2023 to August 2023 revealed a remarkable 41% decrease in accidents involving ADAS-fitted buses compared to those without ADAS. This substantial reduction underscores the efficacy of ADAS technology in preventing road mishaps and ensuring passenger safety.
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Boeing shareholders back outgoing CEO pay deal despite safety woes
Boeing shareholders voted Friday to back outgoing CEO Dave Calhoun's pay deal and reelection to the board, in an endorsement of company leadership as it faces heavy scrutiny over safety problems. Late Friday, Boeing disclosed in a securities filing that about 22 percent of the shares cast voted against Calhoun's reelection to the board, while 36 percent voted against the pay package.
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NHAI creates units focussing on upkeep of highways
The move comes at a time when the highway authority has completed construction and widening of most of the stretches under it. There has also been an increased need for the NHAI to work more in managing and maintaining its road assets than building new roads.
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40% of vehicles on roads not insured: Centre tells SC
The central govt informed the Supreme Court that 40% of vehicles on the roads are uninsured, posing challenges for accident victims seeking compensation from insurance companies. Advocate Jain pushed for electronic monitoring using e-cameras to enforce compliance with section 136-A of the Motor Vehicles Act. General insurance companies saw a significant rise in motor third-party insurance premiums.
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Raw material supply from Adani Gangavaram Port to RINL resumes after hiatus of over a month
Rashtriya Ispat Nigam Limited (RINL), a pivotal player in the steel industry, faced an unprecedented challenge when operations at Adani Gangavaram Port Limited (AGPL) had to be halted, after the port workers agitated.
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US shows understanding of Chabahar Port operations importance: India
The United States has shown an understanding of the importance of the Chabahar Port operations for continued humanitarian supplies to Afghanistan and to provide Afghanistan with economic alternatives, the Ministry of External Affairs said on Friday, reminding Washington of its own position on the project.
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BMC gives nod for reconstruction of three city bridges
According to BMC, the preliminary phase study of these bridge works - Curry Road Bridge, Matunga Bridge, Mahalaxmi bridge - is currently underway. Reconstruction of these bridges will help in reducing traffic congestion and will also save time and fuel.
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Agartala-Akhaura railway link, Maitri Setu to become operational soon: CM
"With PM Modi's unwavering support for the Act East Policy and the implementation of the HIRA Model, the Maitri Setu will naturally become operational shortly," said Saha.
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India 'sees' its third unicorn of 2024 in logistics services platform Porter
Homegrown logistics services platform Porter has likely become the third unicorn (with valuation of $1 billion and above) in India this year after a fresh internal round.
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Ahmedabad Airport boosts capacity with new stands and upgrades
Sardar Vallabhbhai Patel International Airport in Ahmedabad, Gujarat, has seen significant improvements in recent months. The latest development is the addition of five new parking stands at Terminal 2, increasing flight operations and aircraft parking capacity.
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40% of vehicles on roads not insured: Centre tells SC
The central govt informed the Supreme Court that 40% of vehicles on the roads are uninsured, posing challenges for accident victims seeking compensation from insurance companies.
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PNB official allegedly embezzles nearly Rs 5 Crore from Bhopal-based infrastructure company: CBI FIR
The CBI has booked a PNB official for allegedly siphoning off Rs 4.98 crore from the account of a Bhopal-based infrastructure construction company in collusion with a private person.
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Prism Johnson Q4 Results: Firm posts loss hurt by lower pricing in cement business
Net sales fell marginally to 20.46 billion rupees from 20.56 billion rupees a year ago. Revenue from Prism Johnson's largest segment, cement, declined 3.3%. Cement makers usually resort to price cuts in the March-quarter to boost sales volumes, in order to clear year-end inventory backlogs.
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Delhi HC sets aside order upholding arbitral award in favour of Kalanithi Maran and against SpiceJet
The Delhi High Court overturned a previous ruling that upheld an arbitral award favoring Kalanithi Maran over SpiceJet, a private carrier.
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Reliance faces many hurdles in getting crucial crude delivered as global market struggles
To get the shipment delivered, Reliance is first having to load it onto four smaller tankers from Burnaby port because of local depth restrictions, according to people with knowledge of the matter.
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Visakhapatnam port handles highest material in FY 2024-25
The Visakhapatnam port authority (VPA) has set a new record by handling 10 million metric tonnes (MMTs) of cargo in just 45 days in the present financial year 2024-25.
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Government working on policy for low grade iron ore beneficiation: Steel Secy
The government is developing a policy for low grade iron ore beneficiation to increase steel production using low-grade iron ore. Steel Secretary Nagendra Nath Sinha and Union Steel Minister Jyotiraditya Scindia are involved in emphasizing low-carbon emitting steel-making processes.
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Larsen & Toubro bags multiple orders for buildings, factories business
Larsen & Toubro's buildings and factories business secures a project from Institute of Neurosciences Kolkata to build a medical college and hospital campus in Kolkata. The project, spanning 60 months, includes a 605-bed hospital and a medical college with civil structure and external development works.