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SECTOR | 07 Oct 2025

Anantam Highways Trust raises 180 cr as IPO opens for subscription

Business Standard

Anantam Highways Trust has collected Rs 180 crore from anchor investors as its Initial Public Offering (IPO) opened for subscription on Tuesday. WhiteOak Capital Mutual Fund, Minerva Ventures, Trust Investment Advisors, SBI Capital Markets, Edelweiss Life Insurance Company and Reliance General Insurance Company, among others, participated in the anchor round, according to a circular uploaded on BSE's website. Anantam Highways Trust allotted 1.8 crore units to these investors at Rs 100 apiece, the circular showed. The infrastructure investment trust's Rs 400 crore IPO would conclude on October 9. The price band has been set between Rs 98-100 per unit. Proceeds from the public issue are expected to be utilised for funding infrastructure projects, debt repayment, and general corporate purposes. Anantam Highways Trust operates in the road and highway sector, with a portfolio of revenue-generating assets aimed at providing stable and predictable returns to investors.

Transportation

SECTOR | 06 Oct 2025

Ola becomes 1st Indian automaker to get govt nod for in-house ferrite motor

Business Standard

Ola Electric on Monday said it has become the first two-wheeler EV manufacturer to receive government certification for its in-house developed rare-earth-free ferrite motor. This marks a breakthrough milestone that eliminates reliance on imported rare-earth motors with permanent magnets, the Bengaluru-based firm said in a statement. The certification has been granted by Global Automotive Research Centre, Tamil Nadu, after Ola Electric's ferrite motor underwent rigorous performance verification and mandatory motor power tests as per AIS 041, that is notified by the Ministry of Road Transport, Government of India, it added. AIS 041 is an Automotive Industry Standard (AIS) issued by the Automotive Research Association of India under the Ministry of Road Transport and Highways. The tests showed that the company's in-house developed ferrite motor's performance matched that of the motors with rare-earth permanent magnet motors in terms of net power for 7kW and 11 kW variants, it said. T

Transportation

SECTOR | 06 Oct 2025

Airtel Business bags multi-year contract for Indian Railway security operations centre

Business Line

Airtel will design, build, implement and operate a greenfield, multi-layered cybersecurity protection ecosystem that will serve as a defence barrier to safeguard the Indian Railways' IT backbone

Transportation

SECTOR | 06 Oct 2025

Trade neglect leads to underuse of Vallarpadam Rail link

Business Line

Grievances over higher rates forced the Railways to work out a rationalised fare system, but in vain

Transportation

SECTOR | 05 Oct 2025

NHAI completes construction of Chhattisgarh's first national highway tunnel

Business Line

It is the state's first national highway tunnel, which passes beneath the hills along the border of Kanker and Kondagaon districts in Chhattisgarh, adjoining Odisha, they said

Transportation

SECTOR | 04 Oct 2025

Tech Query: Reliance Power, SJVN, Indian Railway Finance Corporation (IRFC), Khaitan Chemicals & Fertilizers; what is the outlook & where are these stocks headed?

Business Line

We zoom in on the prospects of Reliance Power, as also the prospects of three other stocks SJVN, Indian Railway Finance Corporation and Khaitan Chemicals & Fertilizer

Transportation

SECTOR | 04 Oct 2025

New FASTag Rules: UPI Payments At National Highway Tolls To Incur 1.25x Fee From Nov 15

NDTV Profit

The Ministry of Road Transport and Highways in a statement said in a significant step to incentivise digital payments and eliminate cash transactions at the user fee plazas on National Highways.

Transportation

SECTOR | 04 Oct 2025

'This is Terror...' Says Volodymyr Zelenskyy After Russian Drone Strikes Shostka Railway Station

NDTV Profit

Zelenskyy has called it as a "savage attack" injuring at least 30 civilians, including railway workers and passengers and framed it as deliberate terror against non-combatants.

Transportation

SECTOR | 03 Oct 2025

SCR clocks 10,143 cr revenue in H1

Business Line

Railways approves Rs 112-cr RoB project near Amaravati

Transportation

SECTOR | 03 Oct 2025

NHAI To Install QR Code Sign Boards With Helpline Numbers And Other Information For Commuters

NDTV Profit

The QR codes will also contain project specific information such as national highway number, highway chainage, project length, construction/maintenance periods.