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Transportation

SECTOR | 04 Oct 2026, 10:11AM

Cube Highways Trust secures 1,150 crore through AAA-rated NCDs

Business Line

The NCDs are proposed to be utilised towards refinancing.

Transportation

SECTOR | 03 Oct 2026

Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs

Economic Times

Cube Highways Trust has triumphantly secured Rs. 1,150 crore by issuing senior secured NCDs, boasting a competitive coupon rate of 7.50% per annum, payable quarterly for five years. Major institutional players, Axis Bank Limited and ICICI Bank Limited, were pivotal investors in this transaction. The proceeds will facilitate debt refinancing and support ongoing capital projects, as part of an ambitious financing initiative targeting Rs. 4,500 crore.

Transportation

SECTOR | 02 Oct 2026

At 100 kmph, Vande Bharat whizzes past world's highest railway arch bridge

Business Line

The increased speed was successfully tested on Friday, with Vande Bharat Express Train No. 26401/26404 crossing the Chenab and Anji bridges at 100 kmph, according to the Railways

Transportation

SECTOR | 02 Oct 2026

Development works worth 52,000 cr in progress in Hyderabad: Deputy CM Bhatti

Business Line

Metro Rail network in Hyderabad to be expanded by 122 kilometres, Telangana Deputy Chief Minister Mallu Bhatti Vikramarka says

Transportation

SECTOR | 02 Oct 2026

TN officials use Hindi on highway signboard, govt suspends them

Business Line

Departmental action has also been initiated against them, who are assistant engineers with the Highways Department

Transportation

SECTOR | 01 Oct 2026

Ethanol blending does not damage vehicles, diversifies agri sector: Gadkari

Business Standard

Union minister Nitin Gadkari on Thursday debunked claims that blending ethanol with petrol was damaging motor vehicles, asserting that it facilitated diversification of the agriculture sector. Addressing the inaugural session of the 'Bihar Investor Summit 2026: The Emerging Investment Destination of India', Gadkari said that since 2022, 4 crore four-wheelers and 20 crore two-wheelers have been running on petrol mixed with ethanol. "I challenge anybody to come up with the complaint that his or her vehicle has suffered damage on this account. Of course, those with vested interests may have some other story to tell," said Gadkari, who holds portfolios of Road Transport and Highways. "We must understand that the decision to blend ethanol with petrol was taken with a view to diversification of agriculture towards energy and power sectors... Our farmers shall no longer remain 'anna data' (food producers) but also become 'urja data' (energy producers)," he added. Gadkari claimed all leadi

Transportation

SECTOR | 30 Sep 2026

NHAI to conduct quality checks on projects with abnormally low quoted bids

Business Standard

Highway authority will inspect 17 projects where bids were over 15 per cent below estimated costs, with a second round of quality checks planned after six months

Transportation

SECTOR | 29 Sep 2026

Rail freight growth gathers pace as DFCs, tariff reforms widen cargo base

Business Standard

With the 2,843-km dedicated freight corridor network now fully operational, Indian Railways is seeing stronger loading growth across coal, iron ore and other commodities as policy changes seek to shif

Lack of ID will invalidate ticket: Railways to intensify ticket checking

Business Standard | 29 Sep 2026

Transportation

SECTOR | 29 Sep 2026

First steel bridge set up in Maharashtra for bullet train project

Business Standard

A 100-metre-long bridge, weighing 1,405 metric tonnes, for the ambitious Mumbai-Ahmedabad bullet train project has been installed in Maharashtra's Thane district, officials said on Tuesday. It is the first steel bridge set up in Maharashtra as part of the project, they said, adding that the structure was transported on trailers from a workshop in Trichy, Tamil Nadu, located 1,300 km away, and assembled on site for installation, the officials said. The 14-metre-high and as-wide structure was launched over National Highway-3 at Dive-Anjur village in the Bhiwandi area here on Monday, a release by the National High-Speed Rail Corporation Limited (NHSRCL) said. With this installation, 16 out of the total 28 steel bridges planned along the entire bullet train corridor have now been completed, it said. Exemplifying indigenous technical and material capability under the Make in India initiative, the bridge was fabricated at a specialised workshop in Trichy. The structure was transported ov

Transportation

SECTOR | 28 Sep 2026

SWITCH Mobility secures order for 840 electric buses from Antony Road Transport Solutions

Business Line

The order reflects the increasing adoption of electric buses for public transportation, driven by the need for efficient, sustainable and commercially viable mobility solutions

Switch Mobility secures order for 840 e-buses for Delhi under PM E-Drive

Business Standard | 28 Sep 2026