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AVG Logistics gains after securing long-term transportation contract from Haldiram Nagpur
AVG Logistics advanced 2.86% to Rs 172.75 after the company announced that it had secured a long-term transportation contract from Haldiram Nagpur, a leading player in India's FMCG sector.
India eyes Venezuelan upstream & downstream energy sectors; Modi-Gomez explore partnership in critical minerals & mining too
India is seeking a long-term energy partnership with Venezuela. Prime Minister Narendra Modi held talks with Venezuela's acting President Delcy Eloina Rodriguez Gomez. Discussions covered crude oil supply diversification and cooperation in critical minerals. Both nations also explored expanding commercial ties in pharmaceuticals, agriculture, and transportation. A technical team from India will visit Venezuela soon to explore opportunities further.
Maharashtra School Bus Operators Seek Alternate-Day Classes To Prevent Fee Burden, Cite Rising Fuel Cost
The Association said the move is aimed at reducing the frequency of bus trips and fuel consumption, thereby easing financial stress on operators without increasing transportation charges for parents.
IRFC expands beyond Indian Railways with ₹13,527-crore refinancing deal for Hyderabad Metro
The state-backed financier is leveraging its core strength in transportation finance to support urban mobility and help the Telangana government-owned project replace its high-cost debt.
DMRC launches hydrogen-fueled shuttle buses in Central Vista
Delhi Metro Rail Corporation has introduced a new hydrogen-powered shuttle bus service in Central Vista. Indian Oil Corporation Limited is providing two advanced buses for this initiative. The service aims to offer eco-friendly last-mile connectivity. It will operate on working days during peak office hours, connecting metro stations and government offices. This move supports sustainable transportation in the capital.
KEC International bags new orders worth Rs 1,002 crore
RPG Group firm KEC International announced new orders totaling Rs 1,002 crore. These orders span transmission and distribution, renewable energy, and transportation sectors. The company secured a significant HVDC transmission line order in Western India. Renewable energy business received an order for a 100+ MW wind project in Southern India. Transportation business secured orders in the automatic block signalling segment.
NCC bags ₹1,703-cr orders in April across buildings, electrical, transportation divisions
Of the total orders, ₹929.96 crore pertains to the buildings division, ₹603.41 crore to the electrical division, and ₹169.90 crore to the transportation division. Shares of NCC Ltd ended at ₹164.40, down by ₹0.65, or 0.39%, on the BSE today, April 30.
Allcargo Logistics strengthening supply chain frameworks for FMCG players
Allcargo Logistics is enhancing supply chains for FMCG companies. This involves optimizing networks, integrating technology, and planning transportation. The goal is to manage increasingly complex inventory flows. FMCG companies are expanding product lines and facing evolving consumer demands. This leads to smaller shipments and more frequent deliveries. Allcargo Logistics offers solutions for better visibility and efficiency.
KEC Intl bags ₹2,518-cr orders across civil, T&D, transportation, cables segments
In the civil segment, the company secured its largest commercial real estate order from a leading developer in western India. Shares of KEC International Ltd ended at ₹567.95, up by ₹36.40, or 6.85%, on the BSE.
Switching to electric power has saved Railways Rs 6,000 crore: Ashwini Vaishnaw in Lok Sabha
Indian Railways is making waves in the transportation sector, achieving Rs 6,000 crore in savings by embracing electric trains. This innovative shift has positioned them as the world’s second-largest freight mover, with 35,000 km of track and 27,000 km fully electrified. While staff wages take the lion’s share of expenditures, energy costs are a close second.
Ashok Leyland to invest up to Rs 500 cr in battery pack manufacturing unit
In a bold step towards sustainable transportation, Ashok Leyland has announced a substantial investment of Rs 500 crore for a state-of-the-art battery pack production facility on the outskirts of Chennai. Following a successful groundbreaking ceremony, this initiative not only bolsters their ambitions in the electric vehicle sector but also aligns with India's commitment to achieving net-zero emissions.
Watch: Why the Strait of Hormuz matters to global oil supply and rising geopolitical tensions
The video explains geopolitical and economic importance of Iran’s location, focusing on the Strait of Hormuz — a narrow maritime passage that plays a critical role in global oil transportation. The instability around the Strait of Hormuz is not just a regional issue but a global energy risk, with potential impacts on oil prices, trade flows, and energy security for importing nations such as India.