Developers allowed to divest 100% equity in road projects

Last Updated: Wednesday, August 26, 2015, 22:47

The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.

IRB infra arm ties up Rs 1,400 cr for NHAI project

Last Updated: Tuesday, July 28, 2015, 14:30

IRB Infrastructure Developers Ltd Tuesday said its subsidiary has tied up Rs 1,400 crore funds to execute a project awarded by National Highway Authority of India.

With ''attitude shift'', Takata moves from denial to compromise in air bag crisis

Last Updated: Thursday, May 28, 2015, 11:23

Takata faces dozens of civil lawsuits, which have been consolidated in a U.S. federal court in Miami, alleging the Japanese firm and automakers knew for years about potential problems with the air bags but failed to warn customers or alert regulators until recently.

US extends oversight of GM's handling of safety issues

Last Updated: Friday, May 22, 2015, 09:09

US regulators will oversee General Motors Co`s decision-making about potential vehicle safety issues for an additional year, the National Highway Traffic Safety Administration said on Thursday.

Takata air bag troubles deepen as Honda, Daihatsu add recalls

Last Updated: Thursday, May 14, 2015, 13:12

The Honda and Daihatsu recalls raise to roughly 36 million the number of vehicles recalled worldwide since 2008.

CCEA approves highway projects worth Rs 9,500 crore

Last Updated: Tuesday, April 7, 2015, 21:45

The government Tuesday approved three highway projects worth Rs 9,500 crore in Tamil Nadu and Uttar Pradesh, including those connecting Varanasi -- the Lok Sabha constituency of Prime Minister Narendra Modi.

CCEA gives nod to highway projects worth Rs 8,600 cr

Last Updated: Thursday, February 19, 2015, 23:04

The government Thursday approved over Rs 8,600 crore of highway projects in Uttar Pradesh, Odisha and Chhattisgarh.

US recalls 2.1 million vehicles in new air bag issue

Last Updated: Sunday, February 1, 2015, 19:03

The vehicles involved in the recall announced by the U.S. National Highway Traffic Safety Administration are made by Toyota Motor Corp, Fiat Chrysler Automobiles NV and Honda Motor Co.

Kashmir`s road, rail links stay snapped for second day

Last Updated: Thursday, January 23, 2014, 14:02

Both the Srinagar-Jammu highway and the Baramulla-Banihal rail service in Jammu and Kashmir remained shut for the second day Thursday, authorities said.

Srinagar-Jammu highway closed again

Last Updated: Saturday, January 11, 2014, 13:35

Srinagar-Jammu National Highway, the only all-weather road connecting Kashmir with rest of the country, was closed for traffic again after remaining open for a day.

Srinagar-Jammu NH closed following fresh snowfall

Last Updated: Wednesday, January 8, 2014, 20:50

Srinagar-Jammu national highway was closed for vehicular traffic as the valley including Srinagar experienced fresh snowfall on Wednesday.

Jammu-Srinagar NH reopened for one-way traffic

Last Updated: Tuesday, December 24, 2013, 13:22

The Jammu-Srinagar National Highway, the only surface link between Kashmir and the rest of the country, was Tuesday reopened for one-way traffic after a two-day long closure due to heavy snowfall and slippery conditions.