
Adani Enterprises' Q4 profit drops 38% due to roads segment

India Launches Rs 50 Billion Scheme to Cut Steel Emissions
India plans to roll out a Rs 50 billion ($570 million) programme to encourage steel producers to reduce emissions, a senior government official stated. The scheme will particularly target smaller firms, which contribute nearly half of the nation’s steel output, Sandeep Poundrik, Secretary of the Steel Ministry, said at the FT Energy Transition Summit in New Delhi on Wednesday.Steel demand in India is rising due to a wave of infrastructure projects and growing housing requirements. While many small steel plants are being established because they are easier to set up, they are also highly poll..

Pune Launches Trial of Double-Decker Electric Buses
The Pune Mahanagar Parivahan Mahamandal Limited (PMPML) on Tuesday commenced an eight-day trial of double-decker buses on select routes in Pune. If successful, 10 such electric, air-conditioned buses, provided by Switch Mobility, a subsidiary of Ashok Leyland, will be added to the PMPML fleet after Diwali.Pankaj Deore, chairman and managing director of PMPML, told The Indian Express, “We have finalised four routes and have begun the trial runs. These routes are in Maharashtra Industrial Development Corporation (MIDC) areas such as Hinjewadi and Magarpatta. The buses require roads free from t..

Jammu Transport Body Urges Faster Rollout of E-Bus Routes
In a significant move to strengthen sustainable transport infrastructure in Jammu, a deputation from the All J&K Transport Welfare Association (AJKTWA), led by Chairman Karan Singh Wazir, met Devansh Yadav, Chief Executive Officer of Jammu Smart City Ltd., to discuss delays in implementing finalised electric bus (e-bus) routes.The deputation informed the CEO that a comprehensive list of intra-city and intercity e-bus routes had been approved by a high-level committee chaired by the CEO of Smart City, in the presence of the Transport Commissioner and Regional Transport Officer (RTO). Despit..