Market News

Stay updated with the latest market trends, earnings, and economic indicators.

Showing news for:TCI
Clear all filters
28 stations, 35-km: Gurgaon's proposed metro corridor connects Sector 56 to Pachgaon with a Global City stop and Namo Bharat interchanges
negative
ET Markets - Industry 9d ago

28 stations, 35-km: Gurgaon's proposed metro corridor connects Sector 56 to Pachgaon with a Global City stop and Namo Bharat interchanges

Gurgaon new metro corridor: Haryana Mass Rapid Transport Corporation has finalised the detailed project report for a 35-kilometre, 28-station metro corridor in Gurgaon, estimated at Rs 10,428 crore. The corridor will run from Sector 56 on Golf Course Extension Road to Pachgaon and will connect with the Rapid Metro and two proposed Namo Bharat lines.

BRNLGLOBALTCIConstructionConsumer Services
Higher performance guarantees from lower bids in highway projects: Road transport ministry
positive
ET Markets - Industry 9d ago

Higher performance guarantees from lower bids in highway projects: Road transport ministry

The government is tightening rules for highway project bids, demanding higher performance guarantees for offers exceeding 30% below original estimates. This move aims to prevent excessively low bids and protect the quality of national infrastructure. New guidelines, effective immediately, mandate E-Bank Guarantees for this additional security, explicitly rejecting surety bonds. This addresses a persistent trend of unusually low quoting in highway tenders.

BANKINDIAHILINFRAPERSISTENTPNBRPPINFRATCIConstructionFinancial Services
Mumbai Rains Hit Local Train Services; Central Line Commuters Face 25-Minute Delays
neutral
NDTV Profit 10d ago

Mumbai Rains Hit Local Train Services; Central Line Commuters Face 25-Minute Delays

Local trains are among the busiest modes of transport in Mumbai, carrying millions of passengers every day.

TCIServices
Entire Delhi-Jaipur section of NH-48 to be barrier-free
positive
ET Markets - Industry 10d ago

Entire Delhi-Jaipur section of NH-48 to be barrier-free

Commuters on the Delhi-Jaipur NH-48 are set for a smoother journey as the Ministry of Road Transport and Highways plans to make the entire stretch barrier-free. Following the successful implementation of a Multi-Lane Free Flow Tolling System at Manoharpura and Daulatpura, the Shahjahanpur toll plaza will also transition. This advanced technology, using ANPR and FASTag, eliminates waiting times, saving fuel and reducing emissions for a seamless travel experience.

TCIServices
Delhi EV Policy 2026 paves way for hydrogen-powered vehicles
positive
ET Markets - Industry 10d ago

Delhi EV Policy 2026 paves way for hydrogen-powered vehicles

Delhi's new Electric Vehicle Policy 2026 paves the way for hydrogen fuel-based vehicles within four years, aiming to curb vehicular emissions, a major contributor to air pollution. The city plans to introduce two hydrogen-powered buses soon, with the Delhi Transport Corporation collaborating with NTPC for this initiative. This move signifies a significant stride towards cleaner, sustainable public transportation and a future-ready mobility ecosystem for the national capital.

AKCAPITCPCAPE2ERAILFELFELDVRNDTVNTPCOLAELECTCIVICTORYEVAutomobile and Auto ComponentsConstruction
Uber launches in-app ride video recording, ambulance feature in India; Nitin Gadkari lauds road safety push
positive
LiveMint - Companies 11d ago

Uber launches in-app ride video recording, ambulance feature in India; Nitin Gadkari lauds road safety push

The new announcements were made during Uber Surakshit: Safety Never Stops , Uber India's flagship safety conference held at a Central Delhi hotel on Tuesday. Nitin Gadkari, Union Minister for Road Transport & Highways was the chief guest of the occasion.

NDTVTCIMedia Entertainment & PublicationServices
Force Motors in pact with road ministry for scheme to modernise Delhi-NCR commercial vehicle fleet
positive
ET Markets - Industry 11d ago

Force Motors in pact with road ministry for scheme to modernise Delhi-NCR commercial vehicle fleet

Force Motors has inked a deal with the Ministry of Road Transport & Highways to join the government's commercial vehicle replacement scheme in Delhi-NCR. This initiative, backed by a Rs 9,585-crore fund, encourages replacing older, polluting trucks and buses with BS-VI or electric models. Force Motors will leverage its dealerships to support this transition, aiming to modernize the region's fleet and cut emissions.

FORCEMOTTCIZFCVINDIAAutomobile and Auto ComponentsServices
NEWS
positive
Business Standard - Markets 11d ago

SRM Contractors gains after bagging Rs 501-cr orders from MSIDC, MoRTH & NFR Construction

SRM Contractors rose 2.45% to Rs 521 after bagging three contracts worth Rs 500.99 crore from Maharashtra State Infrastructure Development Corporation, Ministry of Road Transport & Highways (MoRTH), and Northeast Frontier Railway (NFR) Construction.

SRMTCIConstructionServices
10-year 'No Entry' exemption for first 1,000 electric medium-duty trucks under Delhi EV Policy
positive
ET Markets - Industry 11d ago

10-year 'No Entry' exemption for first 1,000 electric medium-duty trucks under Delhi EV Policy

Delhi is offering a significant perk to the first 1,000 electric N2 trucks registered under its new policy: a decade-long exemption from 'No Entry' timings. This initiative, effective July 1, aims to accelerate the adoption of cleaner commercial transport and combat pollution, with the goal of a pollution-free city by March 2030. The move targets medium-duty goods carriers, encouraging fleet operators to switch from diesel.

NDTVTCIMedia Entertainment & PublicationServices
Nearly 4 in 10 Delhi EVs are two-wheelers, data shows; experts back EV adoption
neutral
ET Markets - Industry 11d ago

Nearly 4 in 10 Delhi EVs are two-wheelers, data shows; experts back EV adoption

Delhi is accelerating its electric mobility drive, with two-wheelers now forming nearly 40% of registered electric vehicles. The city plans to ban new petrol and CNG two-wheeler registrations from April 2028, aiming to curb significant transport-related emissions. Experts emphasize the need for regional policy alignment to maximize pollution reduction benefits across the Indo-Gangetic Plain.

NDTVOLAELECTCIVICTORYEVAutomobile and Auto ComponentsMedia Entertainment & Publication
India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1
positive
ET Markets - Industry 12d ago

India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1

India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency measures, implemented in June due to Middle East tensions and a price gap, aimed to ensure equitable supply and prevent hoarding. With global energy trade stabilizing, commercial users like transport operators can now buy fuel without daily limits, restoring normal access to retail pumps.

ENERGYGKENERGYGLOBALKPELRETAILSDREAMSTCIV2RETAILConstructionConsumer Services
Himachal Pradesh to launch start-up bus scheme with up to 50% subsidy for youth
positive
ET Markets - Industry 12d ago

Himachal Pradesh to launch start-up bus scheme with up to 50% subsidy for youth

Himachal Pradesh is launching Phase IV of the Rajiv Gandhi Swarozgar Start-up Yojana, empowering unemployed youth to run passenger buses. The scheme offers significant subsidies for electric and diesel buses, along with monthly operational incentives for five years. Aimed at boosting public transport and cleaner mobility, it will cover 1,000 routes, prioritizing economically weaker applicants and offering fare concessions for women and students.

OLAELECTCIAutomobile and Auto ComponentsServices