The railways heritage lines that are part of the UNESCO-accorded sites list include Darjeeling Himalayan Railway, Nilgiri Mountain Railway, and Kalka Shimla Railway.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
JLR, the maker of Jaguar F-Type and Range Rover Evoque, was a jewel in the crown of Tata Motors till two years back. But, it has been struggling because of the pending Brexit, a sharp contraction in sales in China, a shift in consumer preference from diesel to gasoline in Europe, higher taxes on diesel vehicles, and tightening regulations.
Most of the hotels in the country, including the Indian ones that traditionally owned assets, have embarked upon an asset light model for a faster growth and quicker returns. Lemon Tree is likely to announce a deal with Keys Hotels in the next two weeks.
If the reforms are implemented, multi-brand retail majors such as Future Group and Reliance Retail might enter the fuel retail space.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
The Ratlam division of the national transporter is planning to provide head and foot massages to passengers in 39 trains originating from Indore railway
One of the major challenges before the government is that the annual average refill by a PMUY consumer is 3.28 cylinders compared to seven for others.
L&T, Ircon International and Tata Projects have showed interest in a tender issued by the National High Speed Rail Corporation, implementing agency for the project. The tender is for construction of stations, bridges, viaducts, maintenance depots and tunnels.
M&M is keen to increase the number of factories in the Africa region and plans are afoot to have one each in Sudan and Kenya.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
The new government may also introduce a separate scheme for revival of stranded gas-based power projects
Flash Electronics alleges Royal Enfield infringed its patent on regulator rectifier device.
A change in electrification criterion in April 2017, with retrospective effect, helped the government add "already electrified 3,090 rkm" to its credit.
Now, you can own a two-wheeler for Rs 18.5 per day
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
'The Congress's arrogance and unrealistic claims have weakened the anti-BJP movement at the national level.'
The used car market is now 1.2 times the size of the new car market.
Teams of both companies are collaborating on all areas of mutual interest including electrification, distribution and product development.
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