roads
Govt contemplating outsourcing maintenance of roads: CM Chandrababu Naidu
Andhra Pradesh Chief Minister N Chandrababu Naidu. File | Photo Credit: PTI Chief Minister N. Chandrababu Naidu has stated that the State government was toying with the idea of outsourcing the maintenance of roads in the State. Mr. Naidu, speaking in the Assembly on Tuesday (November 19, 2024), said that the government was considering outsourcing … Read more
Met office warns of low flash flood risk in 5 districts of Himachal, 40 roads closed
Damaged road after massive landslide at Baluganj due to Monsoon rainfall, in Shimla, Wednesday, Aug. 21, 2024. | Photo Credit: PTI As rains forced closure of 40 roads in Himachal Pradesh, the local Met office on Friday (September 6, 2024) warned of low flash flood risk in five districts of the state. The local meteorological … Read more
With roads blocked, SWR to run special trains between Mangaluru-Bengaluru
Motorists queue up on Mangaluru-Tumakuru NH 73 near Ujire in Dakshina Kannada district on July 19, 2024. Following the closure of Shiradi Ghat (NH 75) and Sampaje Ghat (NH 275), people travelling from Mangaluru to Bengaluru are forced to take the Mangaluru-Tumakuru NH 73 via Charmadi Ghat. | Photo Credit: SPECIAL ARRANGEMENT Quickly responding to … Read more
Narendra Modi swearing-in: Several roads near Rashtrapati Bhawan out of bounds between 2 p.m.-11 p.m.
A security personnel keeping a vigil near Parliament House in New Delhi on June 8, 2024 | Photo Credit: Sushil Kumar Verma In view of Prime Minister-designate Narendra Modi’s swearing-in ceremony this evening, the Delhi Traffic Police has made special arrangements and issued an advisory on diversions and restrictions in the vicinity of the Rashtrapati … Read more
Edelweiss Alternatives’ Fund acquires L&T IDPL
Mumbai: Edelweiss Alternatives’ Infrastructure Yield Plus acquired L&T Infrastructure Development Projects (L&TIDPL), which includes seven operational roads and one power transmission asset in India. Larsen & Toubro held a 51% stake in L&TIDPL, while the Canada Pension Plan Investment Board (CPP Investments) owned the remaining 49%. With this transaction, Edelweiss will have a total of … Read more
Autos, cabs, buses off Bengaluru roads to support strike by private transport vehicle operators
Most autorickshaws, cabs and private buses stayed off roads in Bengaluru on September 11 in response to a call by Federation of Karnataka State Private Transport Association. It is estimated that around 7 lakh transport vehicles operated by private persons or companies, that are part of 32 unions, will stay off the roads today across … Read more
ETMarkets Fund Manager Talk: Why does this fund manager avoid capital-intensive businesses like power, roads?
The recovery in the corporate capital expenditure cycle in India is encouraging and something that the country has not seen in atleast a decade. But, portfolio management services firm White Whale Partners still prefers avoiding companies where the gestation period for returns on invested capital is longer. “We would avoid businesses that delve into long … Read more
Highways Department asks contractors to re-lay cold-milled roads immediately
The re-laying work is done only during night between 11.30 p.m. and 5 a.m. Photo: Special arrangement The Highways Department has asked contractors to speed up re-laying of roads that have been cold-milled. At present, stretches on Poonamallee High Road and Anna Salai are being re-laid by scrapping off the top layer. The instruction was … Read more
Don’t hesitate or avoid filing FIRs on complaints of serious injuries or death due to bad roads, HC directs police
A road had caved in at Akshayanagar following rain in Bengaluru on December 10, 2022. | Photo Credit: SUDHAKARA JAIN Taking note of newspaper reports that the police are not registering first information reports (FIRs) on the complaints of serious injuries and death caused due to potholes and bad roads, the High Court of Karnataka … Read more