Market News
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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.
Delhivery expands green fleet with 1,500 Bajaj electric cargo vehicles
Delhivery is accelerating its eco-friendly logistics by partnering with Bajaj Auto to deploy approximately 1,500 electric cargo three-wheelers nationwide within two years. This initiative prioritizes smaller cities, with an initial rollout of 200 Bajaj RIKI eCarts in Delhivery's last-mile network. The integration with route optimization aims to boost efficiency and slash emissions.
SC junks plea against green nod for Adani MP project
The Supreme Court has dismissed a petition challenging forest land diversion for an Adani group coal mining project in Singrauli, Madhya Pradesh. The court also rejected a plea against the Madhya Pradesh government's approval. An activist had sought to declare the area an eco-sensitive zone, citing its importance as an elephant corridor and a biodiverse forest.
HyFun Foods ties up with Adani Logistics, Evergreen Marine Corp for eco-friendly export corridor
HyFun Foods has launched a new export initiative with Adani Logistics and Evergreen Marine Corporation. This partnership introduces a dedicated rail service for frozen potato products. The move aims to reduce carbon emissions and road congestion. This integrated logistics corridor will enhance HyFun Foods' global export capabilities. The company plans to expand its reach to over 100 countries.
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.
Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worries
Major electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly vehicles. Combined monthly output is expected to nearly double by the end of the fiscal year. This signals a shift towards mass-market adoption. Companies are navigating challenges while betting on strong future growth.