Popular Articles

GM India unravels Chevrolet Cruze
US car maker General Motors today launched its luxury sedan Chevrolet Cruze in India at an introductory price ranging from Rs 10.99 lakh to Rs 12.45 lakh (ex-showroom, Delhi).

Mah Satyam to repay funds of Geelong project
Mahindra Satyam is reportedly on the verge of finalising a deal to payback an undisclosed sum to the Victorian government following the collapse of a $75 million IT project in Geelong.

News of the day

Markets rebound after a soft start
The markets have firmed up after a soft start this morning. The Sensex opened a point lower at 17,118, and soon touched a low of 17,089 owing to weak cues from the global markets.
Business Opportunities

Bus Rapid Transit system in nine more cities

Defending the Bus Rapid Transit (BRT) system, government today said it will be implemented in nine more cities. - Volvo plans to launch double decker and vestibule buses - Ashok Leyland: A slow recovery - Bengal on a cautious industry drive: Nirupam - That"s diplomacy - All Commonwealth Games projects on course: Jaipal Reddy - Ashok Leyland sees 3-5% sales drop "We are implementing BRT in nine cities across the country at an estimated cost of Rs 4,500 crore," Urban Development Minister Jaipal Reddy said while addressing habitat summit here. The cities selected for BRT under JNNURM include Pune, Ahemedabad, Rajkot, Indore, Bhopal, Visakhapatnam, Vijaywada and Jaipur. Reddy said, "When BRT was introduced in Delhi it faced a lot of flak. But it survived the criticism of those who never use public transport." "Unlike Delhi, BRT will come up in these cities not on the existing roads. Separate route will be constructed for BRT. There will be space for pedestrians and cycle track along the BRT," he said. Comparing BRT with the Metro system, Reddy said, "BRT is cheaper than Metro rail. But many cities including Mumbai, Kolkata, Bangalore, Kochi, Hyderabad, Chennai are opting for Metro." He said, "Rs 95,000 crore worth projects are already being committed under JNNURM. Projects involving sewerage, water, roads among others are being implemented in several cities under the scheme." There are 65 cities across the country where JNNURM schemes are being implemented. "We are exploring of launching the second phase of it. However, there is a resource crunch. So we have approached the World Bank for the fund," Reddy said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):