NATIONAL HIGHWAYS
Stock market update: Nifty Realty index advances 0.72% in an upbeat market
The Nifty Realty index was trading 0.72 per cent up at 851.45.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 159.16 points up at 23066.75
Stock market update: Nifty IT index advances 1.33% in an upbeat market
The Nifty IT index was trading 1.33 per cent up at 36704.05.
GRSE shares rally 6% after signing MoU with Nagaland PWD for modular steel bridges
GRSE announced on Thursday through an exchange filing that it will supply eight sets of double-lane modular steel bridges to Nagaland, supporting the government's Make in India initiative for regional development. The MoU was signed on March 19 in Kohima, Nagaland.
Stock market update: Nifty Bank index advances 0.32% in an upbeat market
The Nifty Bank index was trading 0.32 per cent up at 49860.2.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 130.0 points up at 23037.6
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Stock market update: Nifty Pharma index advances 0.53% in an upbeat market
The Nifty Pharma index was trading 0.53 per cent up at 21256.75.
Stock market update: Stocks that hit 52-week lows on NSE
Bajaj Finance, Trent, L&T, Tata Steel and Adani Ports SEZ were among the top losers on NSE.
Stock market update: Nifty Auto index advances 1.03% in an upbeat market
The Nifty Auto index was trading 1.03 per cent up at 21539.8.
Amazon's robotaxi unit Zoox agrees recall over braking issue
Amazon recalled vehicles with self-driving software versions released before November 5 due to safety concerns. The issue, which caused unexpected braking and led to rear-end collisions injuring motorcyclists, prompted a probe by the National Highway Traffic Safety Administration. Amazon has since updated the software on its company-owned vehicles.
A ?1,500 crore boost for low-value UPI payments
The Union Cabinet approved ?1,500 crore allocation to promote low-value UPI transactions, offering 0.15% incentives for transactions up to ?2,000. The goal is 200 billion transactions by FY25. Some industry players deem the allocation inadequate. Additional projects approved include a national highway in Maharashtra, a new ammonia-urea complex in Assam, and revisions in dairy and livestock programs.
No wrong turns on land acquisition
The Government of India is planning amendments to the National Highways Act, 1956 to speed up land acquisition and reduce disputes. A significant proposal is returning unused land after five years to original owners, enhancing fairness and potentially reducing protests against large-scale infrastructure projects.
Govt to come up with new concessional toll charges for highway users: Nitin Gadkari
Nitin Gadkari, the road transport minister, announced a new policy for toll charges on national highways, aiming to introduce annual and lifetime charges while ensuring seamless travel. The government is also exploring satellite-based tolling for improved operational control. The new policy will provide reasonable concessions to consumers and address current toll issues.
Govt plans to make NH in Assam like in US; plans to invest Rs 3 lakh crore: Gadkari
Union Minister Nitin Gadkari announced plans to invest Rs 3 lakh crore in Assam to construct national highways akin to those in the US. Key projects include the Guwahati Ring Road, a tunnel under the Brahmaputra in Dibrugarh, and an elevated highway over Kaziranga National Park.
Cabinet approves six-lane greenfield highway in Maharashtra; to be built on BOT mode at an investment of Rs 4500 cr
The Cabinet Committee on Economic Affairs approved the construction of a six-lane high-speed national highway in Maharashtra, costing Rs 4,500.62 crore. The highway will connect JNPA Port to Chowk, improving logistics and connectivity with the Navi Mumbai International Airport.
Cabinet approves 6-lane highway project connecting JNPA Port at an investment of Rs 4,500 crore
The Union Cabinet approved a new 6-lane greenfield high-speed highway connecting JNPA Port with Chowk in Maharashtra. The Rs 4,500 crore project, under PM Gatishakti, addresses connectivity needs and improves logistics for the Navi Mumbai area. The highway aims to alleviate congestion and facilitate smoother freight movement between major arterial roads.
Nitin Gadkari has a good news for Indians; govt to announce new toll policy soon, will give reasonable concessions
The Indian government will soon announce a new policy for toll charges on national highways to offer reasonable concessions to consumers. Nitin Gadkari highlighted the necessity of tolls for funding road infrastructure projects while ensuring new policies to address existing concerns and exceptions regarding toll plazas.
GR Infraprojects shares surge over 12% on Rs 4,263-crore NHAI highway project win
GR Infraprojects shares jumped over 12% to Rs 1,054 after securing a Rs 4,262.78 crore highway project from NHAI. The project includes the construction of the Agra-Gwalior Greenfield Road, spanning Uttar Pradesh, Rajasthan, and Madhya Pradesh. Scheduled for completion in 910 days, the project will follow the DBFOT (Toll) model under the NH(O) scheme.
Stocks in news: Bajaj Auto, L&T, Bharti Airtel, Hindustan Zinc, Dr Reddy’s
Zydus Lifesciences said it has received final approval from the US health regulator to manufacture a generic version of Apalutamide tablets used in the treatment of prostate cancer
Land for highways left unused for 5 years will be returned; govt's new rules aim to clear roadblocks
The Central government proposes returning unused land acquired for highway projects to original owners after five years and limiting compensation challenges to three months post-award announcement. Amendments aim to expedite land acquisition, involve multiple ministries, and enhance transparency in compensation determinations.
GR Infraprojects shares zoom 7% on bagging Rs 4,263 crore project from NHAI
Shares of GR Infraprojects rose by 6.9% as the company was selected for a Rs 4,263 crore project from NHAI, involving the construction and enhancement of the Agra-Gwalior Greenfield Road. The project spans three states and is expected to be completed in 910 days. Despite this, the company's shares have underperformed over the past year and three years.
Stocks in news: Dr Reddy’s, Shilpa Medicare, Voltas, TCS, Tata Motors
Domestic markets closed slightly lower last week amid mixed global cues. Shares of Dr Reddy’s, Shilpa Medicare, and Tata Motors will be in focus today due to major developments. GR Infraprojects emerged as the selected bidder for an NHAI project worth Rs 4,263 crore.
Baloch ultras kill 3 Pak soldiers, 2 civilians in yet another attack
Five people, including three Frontier Corps personnel, were killed and 30 others injured in an attack by suspected Baloch militants on a paramilitary convoy in Noshki district, Balochistan, Pakistan. The Balochistan Liberation Army claimed responsibility, and a suicide bomber and gunmen were involved in the assault.
'This policy is here to stay': Bombay HC rejects plea challenging NHAI's implementation of FASTag
The Bombay High Court has upheld the mandatory use of FASTag for electronic toll collection and the imposition of double toll fees for vehicles without it. The court emphasized that this decision aims to ensure efficient road travel and dismissed claims of fundamental rights violation.
Delhi's border traffic woes may soon end: Here’s what you need to know
Delhi commuters may soon see relief from long traffic jams at city borders as the central government plans to relocate toll collection points. The National Highways Authority of India (NHAI) will push for toll booths to be moved away from main roads, while the Supreme Court may consider modifying its environmental charge collection rules. Additionally, an overhead gantry-based toll system could replace manual booths, easing congestion on major highways connecting Delhi with neighbouring NCR cities.
19,826 km roads constructed so far under Bharatmala: Nitin Gadkari
Union Minister Nitin Gadkari informed that 26,425 km of Bharatmala projects have been awarded, with 19,826 km constructed. High-speed corridors are enhancing logistics and travel efficiency. Smart technology and regular safety audits ensure road quality and safety in the National Highways development under the PM Gati Shakti initiative.
RVNL shares in focus after bagging Rs 554.64 cr worth project from NHAI
RVNL shares: The project entails building a 6-lane access-controlled road to Visakhapatnam Port, spanning from Sabbavaram to Sheelanagar junction and bypassing the Anakapalli-Anandapuram corridor.
National Highways Logistics Management to jointly develop multi-modal logistics park in Varanasi with Inland Waterways Authority of India
The 150-acre park will integrate with the Eastern Dedicated Freight Corridor through a 5.1 km railway line from Jeonathpur Station and National Waterway-1 and is located 30 km from Lal Bahadur Shastri Airport, the ministry of road transport and highways said in a statement on Tuesday.
Why are angry protesters blocking Akshardham, Ghazipur, and the Delhi-Meerut Expressway?
A 32-year-old man, Rohit Chawda, was shot dead near Ghazipur Sabzi Mandi in East Delhi by unknown assailants. This incident led to protests, with residents blocking the Ghazipur National Highway demanding justice. Police are investigating the case, considering personal enmity as a possible motive, and are working to apprehend the suspects.
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