CM Unveils Common Mobility Card for Metro Line 3 Commuters
Starting June 11, passengers on Mumbai Metro’s underground Metro 3 line—operational between Aarey-JVLR and Acharya Atre Chowk—can now use the National Common Mobility Card (NCMC) for seamless, contactless travel. The Mumbai Metro Rail Corporation (MMRC), responsible for constructing, operating, and maintaining Metro 3, has enabled this functionality to simplify the commuter experience.The NCMC card, launched at Mantralaya in the presence of key state leaders, allows commuters to tap and travel without waiting in queues at ticket counters. This move extends the card’s usability beyond M..
Centre Fast-Tracks Rs 111.50 Bn for 3 New Delhi Metro Corridors
The Central government has advanced plans for three new metro corridors in Delhi under the PM GatiShakti infrastructure framework, with a total proposed investment of approximately Rs 111.50 billion. The corridors include R K Ashram to Indraprastha, Aerocity to Terminal-1, and Tughlakabad to Kalindi Kunj.Together spanning over 16 km, these projects have recently been reviewed by the National Planning Group and are expected to be placed before the Cabinet for approval.Among the proposed routes, the R K Ashram to Indraprastha corridor will be the longest and fully underground, comprising nine st..
Allison to Acquire Dana Inc.'s Off-Highway Business in New Agreement
Allison Transmission Holdings announced it has entered into a definitive agreement to acquire the Off-Highway business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions, for approximately $2.7 billion. This acquisition aligns with Allison’s strategic priorities to expand its emerging markets footprint, enhance core technologies and deliver strong financial results. Upon completion of the transaction, Allison will be able to offer a wider range of commercial-duty powertrain and industrial solutions to more customers and end users worldwide.“This acquisition mar..
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