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India's first hydrogen train to roll out on July 17, regular service date awaited
Prime Minister Narendra Modi will flag off India's first hydrogen train on July seventeenth. This new train will travel eighty-nine kilometers between Jind and Sonipat in two hours. The hydrogen train will make stops at twelve intermediate stations along its route. Regular passenger service commencement date is yet to be finalized by Northern Railway. The train uses hydrogen fuel cells to generate traction power instead of diesel.
Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Railway Minister Ashwini Vaishnaw flags off new train services in UP, UK and Maha; announces major rail push
Union Railway Minister Ashwini Vaishnaw launched new train services connecting Nanded to Mumbai and Tanakpur to Nanded, enhancing connectivity for the Sikh community and other regions. He also announced the extension of the Tanakpur-Pilibhit service to Shahjahanpur. The minister highlighted significant railway development over the past 12 years, including track expansion and electrification, with bullet train projects progressing rapidly. Emphasis remains on affordable travel for the common populace.
Northeast gets first MEMU electric train, linking Tripura to Assam
Northeast Frontier Railway has launched its first-ever Mainline Electric Multiple Unit (MEMU) service in the Northeast, connecting Tripura with southern Assam. This modern, eco-friendly train offers enhanced passenger amenities and faster travel, marking a significant step in the region's railway modernization. The service aims to boost daily commuting, strengthen regional connectivity, and support local commerce, benefiting thousands of passengers.
Your electricity provider may soon have competition in Gurugram. What it means for consumers
Gurugram's power supply monopoly may soon end, with a proposal before the Haryana Electricity Regulatory Commission to introduce a second distribution company. This move aims to address infrastructure strain and unreliable power, a growing concern for residents and businesses. The introduction of competition, a model rarely seen in India, could force providers to improve service, reliability, and pricing, offering consumers much-needed choice for the first time.
Delhi peak power demand hits all-time high of 8,748 MW amid heatwave conditions
In an extraordinary turn of events, Delhi's power consumption skyrocketed to an all-time high of 8,748 MW on Monday, driven by a relentless heatwave. City officials commend the effective power infrastructure and strategic foresight that allowed for uninterrupted service. Nevertheless, this surge places immense pressure on transmission capabilities, with forecasts suggesting continued rises in usage throughout the season.
Tata Motors, Castrol join hands to advance used oil circularity across the lubricant value chain
Tata Motors and Castrol India have partnered to launch a pilot program for used oil recycling in Karnataka. This initiative aims to create a traceable system for collecting and processing used engine oil from Tata Motors' service centers, addressing a critical environmental concern. The collaboration seeks to establish a scalable model for responsible oil management, contributing to a circular automotive ecosystem in India and aligning with both companies' sustainability goals.
Satcom firms flag omission of GMPCS in DoT's draft spectrum allocation rules
Satellite communication firms are concerned over the exclusion of Global Mobile Personal Communications Service (GMPCS) providers from draft rules for administrative spectrum allocation. The Broadband India Forum highlighted this omission, stating it contradicts the Telecommunications Act. While the rules cover various satellite services, GMPCS, explicitly mentioned in the Act for administrative assignment, is missing, creating industry uncertainty. Consultation on the draft rules is ongoing.
Spark by Hilton debuts in APAC, opens 2 hotels in Bengaluru, Goa
Hilton has launched its Spark by Hilton brand in Asia Pacific with new hotels in Bengaluru and Goa. This expansion is part of a significant deal with Olive Hospitality to establish 150 Spark by Hilton properties across India. These new hotels cater to practical travelers, promising Hilton's renowned service standards. The brand, established in 2023, already boasts a substantial presence in North America and the UK.
DoT retains backhaul spectrum pricing, rejects Trai's cut proposal
Telecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal for reduced, uniform charges. Despite Trai's argument for lower fees to boost network economics and service quality, the DoT has reinstated the existing, progressively higher fee structure. This decision will maintain a significant financial burden on companies expanding 4G and 5G networks amidst surging data demand.
Draft satcom spectrum rules: Govt proposes layers of security approvals, conditional consumer service
India draft rules require satcom firms like Starlink, Eutelsat OneWeb and Jio Satcom to obtain security clearance and central approval before using administratively assigned spectrum
Mobile Data Cost Dips 97% To Rs 8 Per GB, Broadband Users Up 17x In 12 Years Of Modi Govt
It added that 103 crore internet connections in the country indicate good digital reach and affordable internet service.