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SECTOR | 06 May 2025, 08:33PM

Buy, Sell Or Hold: Deepak Nitrite, CDSL, Uno Minda, LIC, Titagarh Rail, IRFC Ask Profit

NDTV Profit

Analysts also shared insights on share prices of Samvardhana Motherson and Ola Electric Mobility.

Transportation

SECTOR | 06 May 2025, 02:38PM

Centre rolls out cashless treatment scheme for road accident victims

Business Standard

The government has notified cashless treatment scheme for road accident victims nationwide, under which they will be entitled to a maximum amount of Rs 1.5 lakh per accident per person. According to a gazette notification issued by the Ministry of Road Transport and Highways, the scheme has come into force with effect from May 5, 2025. "Any person being a victim of a road accident arising out of the use of a motor vehicle, occurring on any road, shall be entitled to cashless treatment in accordance with the provisions of this scheme," the notification said. The National Health Authority (NHA) shall be the implementing agency for the programme, in coordination with police, hospitals and State Health Agencies etc. "The victim shall be entitled to cashless treatment at any designated hospital for an amount up to one lakh fifty thousand rupees per victim for a maximum period of seven days from the date of such accident," it added. According to the notification, the treatment under thi

Northern Railway flags delay in tunnel communication for USBRL project

Business Standard | 06 May 2025, 09:56AM

Transportation

SECTOR | 05 May 2025, 08:57PM

NHAI to seek conciliation with Jaiprakash Associates over 1,461 cr claims

Business Standard

State-owned NHAI has decided to go for a conciliation process on the financial dispute with bankrupt Jaiprakash Associates Ltd concerning Varanasi Gorakhpur road projects. In the ongoing dispute, Jaiprakash Associates has sought Rs 1,461.63 crore compensation for 'four laning of Varanasi Gorakhpur Section of NH-29 from Km 14B.000 to Km 20B. 300 in Uttar Pradesh under NHDP Phase-IV on EPC Mode. "The company has submitted its claims amounting to Rs 1,461.63 crore on account of deployment of resources for removal of encroachment/ encumbrances within ROW, damages for delay in providing land, damages towards payment of revised minimum wages paid and additional cost incurred due to extended duration of the project," Jaiprakash Associates Ltd said in a regulatory filing. According to the filing, NHAI has submitted its counterclaims amounting to Rs 892.24 crore on account of supervision consultancy services due to alleged delay in project completion, direct revenue loss on account of toll .

Transportation

SECTOR | 04 May 2025

Railways' safety planning drive faces zonal and internal challenges

Business Standard

21 divisions have failed to comply with timely submission of their rolling block plans, the railways have communicated to zones

Transportation

SECTOR | 04 May 2025

Titagarh Rail eyes new shipyard for big vessels

Business Line

Titagarh Rail Systems plans greenfield shipyard to build large naval and commercial vessels

Transportation

SECTOR | 04 May 2025

Pune-Nashik railway corridor realignment being finalised: Vaishnaw

Business Line

Railway Minister also announced a major upgrade for Pune railway station.

Transportation

SECTOR | 04 May 2025

Man breaks into Seema Haider's home, claims she used 'black magic': Police

Business Standard

Police have arrested a man for allegedly breaking into Seema Haider's house here on Saturday, officials said. He claimed that she had done "black magic" on him. Police identified the accused as Tejas, a resident of Surender Nagar in Gujarat. They said that Tejas seemed "mentally disturbed" and tried to enter Seema's residence around 7 pm. "He hails from Gujarat and took a general coach ticket of a train from Gujarat to New Delhi. From New Delhi Railway station he reached the village by bus. He has screenshots of Seema on his mobile phone," Sujeet Updhyay, Incharge at Rabupura Kotwali told PTI. Tejas was arrested, he said. "During integration, he told police that Seema has done black magic on him," Upadhyay said. Further investigation is underway, he added. Haider, 32, who hails from Jacobabad in Pakistan's Sindh province, took her children and left home in Karachi in May 2023 to travel to India via Nepal. She captured headlines that July when Indian authorities found her living

Transportation

SECTOR | 03 May 2025

Work on Mumbai's origin station for bullet train progressing fast: Vaishnaw

Business Standard

Railway Minister Ashwini Vaishnaw said on Saturday that the work to construct the bullet train's origin station at BKC in Mumbai is progressing rapidly. Vaishnaw visited the under-construction underground station at Bandra Kurla Complex (BKC) and reviewed its on-ground progress. He was accompanied by officials from the National High-Speed Rail Corporation Limited (NHSRCL), which is executing the over 500 km-long Mumbai-Ahmedabad Bullet Train project, along with representatives from Central Railway and Western Railway. He said the lowest B3 basement level and the strengthening of the station walls have been completed. "The work at the bullet train's origin station in BKC is progressing very fast. The station wall work has been started, and simultaneously, the tunnel work is progressing very fast," the Railway Minister told reporters. Beyond the tunnel portion (Shil Phata), all ongoing works are moving at a high speed in the Maharashtra section following the land acquisition, he...

Transportation

SECTOR | 02 May 2025

Design a digital clock for Indian Railways and win 5 lakh

Business Line

The winning design will be implemented nationwide, with the grand prize set at 5 lakh. Each categoryprofessionals, college/university students, and school studentswill also have five consolation prizes of 50,000 each.

Transportation

SECTOR | 30 Apr 2025

RVNL targets 25% global revenue by 2028 with high-margin projects in Asia, Africa, Europe

Business Line

The company, under the Ministry of Railways, is expected to end the year with an order book of Rs 105,000 crore