Call to activate Kochi Metropolitan Transport Authority

Call to activate Kochi Metropolitan Transport Authority

A memorandum has been submitted to the Chief Minister and Transport Minister in this regard A memorandum has been submitted to the Chief Minister and Transport Minister in this regard Steps should be taken to activate the Kochi Metropolitan Transport Authority (KMTA) immediately, K.N. Unnikrishnan, MLA, has said. A memorandum has been submitted to the … Read more

Taxi aggregators in Bengaluru continue auto services overlooking Transport Department order

Taxi aggregators in Bengaluru continue auto services overlooking Transport Department order

Taxi aggregators were asked to stop services with effect from Wednesday. Meanwhile, one of the aggregators is said to be approaching the High Court against the department’s dictum Taxi aggregators were asked to stop services with effect from Wednesday. Meanwhile, one of the aggregators is said to be approaching the High Court against the department’s … Read more

NHAI Investment Trust to raise ₹1,500 crore via bonds

NHAI Investment Trust to raise ₹1,500 crore via bonds

The National Highways Infra Trust (NHIT), the infrastructure investment trust of the National Highways Authority of India (NHAI), will hit the market soon to raise ₹1,500 crore and another ₹5,000 crore by the end of this financial year. Officials told ET it will raise ₹1,500 crore via issuance of bonds carrying a coupon rate of … Read more

Highway construction speed to be enhanced to meet next fiscal target: Road Transport Secy

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Terming the recent budget a “development-oriented” exercise, Union Road Transport and Highways Secretary Giridhar Aramane on Sunday said the pace of road construction will be further increased to achieve the target of expansion of national highways in the next fiscal. In the ongoing fiscal so far, he said, the National Highways Authority of India (NHAI) … Read more

Gadkari to inaugurate, lay foundation stones for Rs 8,341 cr highway projects in Rajasthan

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New Delhi: Union Minister Nitin Gadkari will on Thursday inaugurate and lay foundation stones for highway projects worth Rs 8,341 crore in Rajasthan, an official statement said. These projects are for a total length of 1,127 kms. “Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari will inaugurate and lay foundation stone for 18 … Read more

SpaceX to develop high-speed rocket to transport US army weapons anywhere in 60 minutes

Elon Musk Reuters

Head of the US Transportation Command General Stephen Lyons said Elon Musk’s SpaceX has signed a deal to build a high-speed rocket that could transport the equivalent of a C-17 payload at a speed of 7,500 mph. File photo of Elon Musk (Photo Credits: Reuters) SpaceX is now collaborating with the US army to build … Read more