Kochi Metro is the first Indian metro to have communication-based train control (CBTC) signalling system. Our trains are unattended train operation (UTO) compatible.
Tag: Axis Bank
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S Bhagat is the new CFO of Azure Power
Azure Power, a leading independent solar power producer in India, announced the appointment of Sushil Bhagat, former CFO of Hindustan Power Projects (HPPL), as the new Chief Financial Officer of Azure Power.
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We envisage a barrier-free tolling system
NPCI falls into the category of financial market infrastructure. Our infrastructure is not visible to the naked eye. The financial market infrastructure, however, is huge. Within this, NPCI plays the role of a payments utility. We are like a utility to the banks wherein we facilitate over 25 million payments transactions daily.
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Those vehicles without tags should be impounded
There are barriers at the tolls. The system counts and classifies the vehicles. Pictures of the vehicle are taken per transaction. The system then marries the transaction with the classification of the vehicle and the video. Then, there are features to manage the exempt vehicles and monthly passes, etc.
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Electronic toll system on the cards
India is expected to save at least Rs 86,000 crore annu-ĆĀ”ally after the electronic toll collection (ETC) system becomes operational across India, according to Road Transport and Highways Minister Nitin Gadkari.
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Injecting Hope
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
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Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance IndiaĆĀ“s infrastructure development
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Axis Bank to become foreign-owned firm with 62% FDI
With over Rs 6,200 crore, Axis Bank will become a foreign-owned lender, to be governed by FDI (foreign direct investment) policy. The development follows the go-ahead to its proposed increase in foreign investment holding to 62 per cent.
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KPT takes over ABGs KCTPL
Kandla Port Trust (KPT) has secured the Kandla Container TerminalĆĀ“s (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank.
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Kandla Port Trust takes over ABG’s KCTPL
Kandla Port Trust (KPT) has secured the Kandla Container Terminal's (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank. The takeover has been done in the proceedings before the Gujarat High Court. Kandla Container Terminal is a subsidiary of ABG Infralogistics.
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