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Rail fares up from today
Economic Times
·
1m ago
Medial
Indian Railways fares will increase slightly starting Tuesday, with increments of ₹5 for journeys between 501 and 1500 km, ₹10 for up to 2500 km, and ₹15 for 2501 to 3000 km. Ordinary class fares for distances up to 500 km remain unchanged. Suburban single journey fares and season ticket prices will also stay the same. For Mail/Express Trains (Non-AC), a rise of 1 paisa per km applies to second, sleeper, and first class.
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Rapido partners with Delhi Metro, ONDC to offer metro tickets in-app
YourStory
·
1m ago
Medial
Rapido has partnered with Delhi Metro Rail Corporation and the Open Network for Digital Commerce to enable metro ticketing through its app, aiming to enhance multimodal travel in Delhi-NCR. The integration allows commuters to book metro tickets directly on the Rapido app. Additional services include designated pickup zones at metro stations, discounted bike taxi fares for metro users, and women-specific zones. This initiative follows similar metro ticketing innovations by other ride-hailing platforms in India.
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'Only Metro can save Bangalore': Investor warns India risks urban collapse without it - BusinessToday
Business Today
·
2m ago
Medial
India's urban infrastructure is under strain, with cities like Bengaluru and Gurugram facing severe transportation challenges. Investor Rajesh Sawhney argues that metro rail expansion is crucial for survival, advocating for 10,000 km of urban rail in two decades. While Bengaluru’s Namma Metro aims for 220 km by 2030, Gurugram has minimal metro coverage. Sawhney emphasizes developing indigenous metro technology to avoid reliance on imports and suggests India learn from Tokyo’s efficient rail network.
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Delta denies using AI to come up with inflated, personalized prices
Arstechnica
·
5d ago
Medial
Delta Air Lines faced backlash over its AI pricing system, prompting it to clarify its approach. Critics feared the system used personal data to personalize fares. Delta denied this, stating that the AI uses aggregated data, not personal customer data, to set fares. The system adjusts prices based on market demand, competitive offers, and operational costs. Delta emphasized that all customers have access to the same fares, aiming for transparency and competitive pricing.
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RVNL, Jupiter Wagons, IRCTC, Titagarh Rail shares rise up to 13% in volatile market
Business Today
·
5m ago
Medial
In a volatile market, shares of several railway-related companies saw significant increases. RVNL secured a contract worth Rs 554.47 crore for the Bengaluru Suburban Rail Project. Jupiter Wagons' stock rose by 8.7%, while Texmaco Rail Engineering surged 6.5%. IRCON International increased by 8%, IRFC by 4.4%, and Titagarh Rail by 4.29%. RailTel Corporation climbed 7%, and RITES grew by 4%. IRCTC experienced a 15% gain in its stock value.
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Ola launches e-bike services in Delhi and Hyderabad, announces fares
Livemint
·
1y ago
Medial
Ride-hailing platform Ola has launched e-bike services in Delhi and Hyderabad, with fares starting from ₹25 for a 5 km ride. The company plans to deploy 10,000 electric two-wheelers across three cities within the next two months and aims to have the largest EV 2W fleet in India. Ola has also set up 200 charging stations in Bengaluru to service its e-bike fleet. The move is part of Ola's vision to serve 1 billion Indians and promote nationwide electrification.
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PM Flags Off First 9000 HP Electric Locomotive
OutlookIndia
·
2m ago
Medial
Prime Minister Narendra Modi inaugurated the first 9,000 horsepower electric locomotive aimed at enhancing Indian Railways' freight capacity. Siemens Ltd secured a project to design, produce, and maintain 1,200 such locomotives. These will support the government's goal to boost rail freight share from 27% to 45%. Components are made in Siemens' Nashik, Aurangabad, and Mumbai plants, while assembly and testing occur at Indian Railways’ Dahod factory. Each locomotive can haul 5,800 tons at up to 120 km/h.
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Diwali flight sale: Air India offers festive discounts for tickets; Check fares, routes and other details | Mint
Livemint
·
9m ago
Medial
Several domestic airlines in India, including Air India, have slashed airfare prices for the Diwali festive season, offering discounts of up to 20-25% compared to last year. The drop in airfare is attributed to increased airline capacity and a recent decrease in oil prices. Air India is offering special fares for flights to and from Singapore, with prices starting at ₹7,445 ($100). Additionally, they are providing discounts for international flights to Riyadh and Jeddah, as well as an instant discount of ₹200 per passenger on domestic flights until November 30.
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California allows Chinese robotaxi firm WeRide to test with passengers
Economic Times
·
11m ago
Medial
China-based autonomous driving startup WeRide has obtained approval from the California Public Utilities Commission (CPUC) to test its driverless vehicles with passengers. The three-year permit allows WeRide to transport passengers in test vehicles, both with and without a driver present. However, the company is not permitted to offer rides to the general public or charge any fares. WeRide will operate in the San Jose area with 12 active vehicles. WeRide is seeking a valuation of up to $5 billion through its upcoming IPO in New York.
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Alstom plans to make train batteries in India for Vande Bharat, metro rail
Livemint
·
1y ago
Medial
French railway infrastructure manufacturer, Alstom, plans to manufacture large batteries for railway traction components in India, with the batteries initially being imported from France and eventually produced locally in India. Battery-powered trains are energy-efficient and contribute to reduced carbon emissions, and they can also operate in non-electrified areas to increase rail connectivity. Alstom aims to increase its presence in India's railway infrastructure business by expanding manufacturing, maintenance teams, and sites. The company sees India as a promising revenue source, particularly after integrating with Bombardier's rail business in 2021.
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Govt heat on Ola, Uber over differential pricing on iPhone, Android phones
Economic Times
·
6m ago
Medial
The Department of Consumer Affairs, via the Central Consumer Protection Authority, issued notices to Ola and Uber over alleged differential pricing, where fares differ based on the user's smartphone type (Android or iPhone). Union Minister Pralhad Joshi highlighted the issue, emphasizing zero tolerance for consumer exploitation. Tests suggested higher fares for iPhone users on identical routes, indicating potential bias. Experts suggest fare manipulation is possible, calling for transparency and fair pricing practices.
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