Browsing Category
Auto and Transport Industry News
2235 posts
Uttar Pradesh commits Rs 15,400cr as Vindhya Expressway moves toward land buy
Uttar Pradesh has allocated about ₹15,400 crore for expressway and connectivity projects in its FY27 supplementary budget, with the majority directed toward land acquisition for the Vindhya Expressway, Ganga Expressway extensions and related links.
How Rs 3,191cr of Escorts Kubota and Minda projects could reshape YEIDA
Escorts Kubota and Minda Corporation have moved ₹3,191 crore of planned manufacturing investment in the YEIDA region toward physical execution, with the projects expected to create more than 10,000 jobs.
Can the Rs 648.59cr Dagadarthi Airport finally clear its long-delayed takeoff?
Andhra Pradesh Airports Development Corporation has restarted developer selection for Dagadarthi Airport through a third-call PPP tender, with Phase IA carrying ₹648.59 crore of estimated capex and a 45-year concession.
Four rail projects and Bihar highway secure Rs 13,041cr Cabinet approval
The Union Cabinet has approved four railway multitracking projects and an 82.6-km Bihar highway with combined investment of about ₹13,041 crore, targeting congested freight corridors and faster road connectivity.
India targets 7.5 lakh TEU capacity with Rs 10,000cr container scheme
India’s proposed Container Manufacturing Assistance Scheme carries a ₹10,000 crore five-year outlay and targets annual domestic capacity of up to 7.5 lakh TEUs, roughly ten times the existing manufacturing base.
Mavis closes $700m Pep Boys deal as Icahn keeps real estate and liquidity
Mavis Tire Express Services has completed its $700 million acquisition of Pep Boys, adding nearly 800 locations while Icahn Enterprises retains the underlying owned real estate and two other automotive businesses.
Gabriel India (NSE: GABRIEL) locks in Rs 935cr HL Klemove deal to deepen ADAS push
The definitive agreements move Gabriel India closer to owning 29.99% of HL Klemove India, giving it exposure to locally manufactured ADAS radars, cameras and automotive electronics.
Royal Caribbean completes $1.25bn refinancing as long-term debt sits above $21bn
Royal Caribbean Group has completed a $1.25 billion senior unsecured note offering at 5.55%, using the proceeds primarily to repay floating-rate term loans as it continues reshaping a debt load above $21 billion.
Copenhagen Airport raises profit outlook despite cutting 2026 passenger forecast by 1m
Copenhagen Airport raised 2026 profit guidance despite cutting its passenger forecast as H1 profit jumped 43% and transfer traffic surged.
Aeroméxico and Delta keep their US-Mexico alliance after appeals court overturns DOT breakup order
Aeroméxico and Delta Air Lines can continue coordinating their US-Mexico joint venture after an appeals court vacated a Transportation Department order that would have withdrawn its antitrust immunity.