Karnataka State Road Transport Corporation (KSRTC), over the next six months, has decided to equip 2500 of its buses with debit and credit card readers. KSRTC has a fleet of 8,100 buses, which caters to an estimated 2.5 million passengers daily. Of these, only 20 per cent passengers book online. According to Rajender Kumar Kataria, managing director of KSRTC, with[Read More…]
Terex Corporation has completed the sale of its Material Handling and Port Solutions Business (MHPS) to Konecranes Plc for USD 595 million, with Euro 200 million in cash. Addtionally 19.6 million newly issued class B shares represent a 25 per cent interest in Konecranes. According to John L. Garrison, President and CEO of Terex, the Konecranes-MHPS combination would be a[Read More…]
As a part of a pilot project, Telangana State Road Transport Corporation (TSRTC) buses will be fitted with tracking systems that are linked to the display boards at bus stops. This will help to provide information to passengers about where the bus is, and how long it will take for it to reach the particular stop. Transport minister P Mahendar[Read More…]
Meco has introduced a multi-function automotive meter to measure various battery parameters, including DC voltage, AC voltage, resistance, diode, and continuity. A portable design with pen-type input jack, the multi-function automotive meter has hands free test leads of the pinpoint and hook type. These leads are interchangeable. Having a auto range and manual range function, the meter comes with a[Read More…]
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