DMRC marked another important milestone for the Phase IV project of Delhi Metro with the conclusion of Afcons Infrastructure to execute the longest drive of its type for the tunnel of Tughlakabad-Aerocity corridor. The achieved tunnel marks a significant step for expansion in Delhi metro’s network as one of the key sections of the line scheduled to come up within …
The Indian ministry of ports, shipping, and waterways has also established a ₹100 crore scheme for the development of inland waterways transport. The same is being done in an effort to increase the usage of India’s rivers, canals, and backwaters to carry cargo by the government, in the hope that logistics could become much more effective and eco-friendly. The share …
Fairfax India, the Indian unit of billionaire Prem Watsa’s Canadian investment firm, continues to create market buzz with another strategic acquisition when it acquired yet another 10% stake in Bangalore International Airport Limited, or BIAL, for $255 million. Such a deal significantly strengthens Fairfax’s control in the airport venture and lifts ownership levels to a majority of 74%. This step …
Indian airlines are still battling the issue of aircraft supply, and the rising demand for air travel is forcing the Directorate General of Civil Aviation to streamline regulations on the wet-leasing of planes. This will help in the oversight and ensure safety in wet-leased aircraft operations, especially when airlines seek quick expansion of their fleets to accommodate growing passenger demand. …
Indeed, Indian Railways is one of the brightest examples of success in the nation. The number of its female employees increased up to more than 99,000 by the end of March 31, 2024; most are engaged in diverse train operations fields. Altogether, 2,037 females are part of this force, and these figures are pretty substantial in traditionally masculine categories. Railways …