Archive for March, 2017

Season four of T1 Prima Truck racing in March 2017

Season four of T1 Prima Truck racing in March 2017

Tata Motors will host Season four of the T1 Prima Truck racing championship on March 19, 2017. The championship will have Prima race trucks battling it out against each other on the Buddh International Circuit (BIC) in Greater Noida. Conducted under the aegis of Federation Internationale De L’Automobile (FIA) and Federation of Motor Sports Clubs of India (FMSCI), the T1[Read More…]

by March 30, 2017 News

Centre looks to increase logistics efficiency

With an aim to improve logistics efficiency, the central government, claim industry sources, is planning to develop five-to-six logistic parks. In this regard, A.D. James, Deputy Secretary, Union Ministry of Road Transport and Highways, is known to have said that the location of the logistics parks for the initial phase have been identified. Claim source that the parks are likely[Read More…]

by March 30, 2017 News

Scrappage policy announcement soon?

The policy on vehicle scrappage is ready, and will be announced in the next few months, claim industry sources. They add that the objections and suggestions from the public have been looked into, and the final version of the policy draft has been prepared. The policy draft is expected to be tabled soon for the government to take a decision.[Read More…]

by March 30, 2017 News
NHAI receives mandate to raise infra bonds

NHAI receives mandate to raise infra bonds

The National Highway Authority of India (NHAI) has received a mandate to raise Rs.70,000 crore through infrastructure bonds claim industry sources. Sources add that the easy availability of low cost overseas loans for the AAA rated NHAI should make it easier for it to raise the bonds. In connection with the impetus being put on infrastructure development, including highways, road[Read More…]

by March 30, 2017 News