&w=3840&q=100)
PM Modi to unveil ₹5,200 cr metro, road projects in Kolkata on Aug 22
PM Modi will inaugurate the new Metro stretches around 4.15 pm on Friday and undertake a metro ride from Jessore Road metro station to Jai Hind Bimanbandar station and back, a Kolkata Metro Railway spokesperson said on Wednesday.
He will also lay the foundation of 7.2-km elevated Kona Expressway worth over Rs 1,200 crore, which will enhance connectivity between Howrah and Kolkata.
The inauguration of the crucial 13.62 km, in all, of metro stretches will provide seamless connectivity between important points in the city, including Howrah and Sealdah stations, IT hub Sector 5 and Netaji Subhas Chandra Bose International Airport.
The three new stretches are Sealdah to Esplanade (2.45 km), Noapara to Jaihind Bimanbandar (6.77 km) and Hemanta Mukhopadhyay to Beleghata stations (4.39 km) across three different corridors of Kolkata Metro.
After the inauguration, PM Modi will also address the gathering at Jessore Road metro station.
The Noapara-Jai Hind Bimanbandar metro service will significantly improve access to the airport. The Sealdah-Esplanade metro will reduce the travel time between the two points from nearly 40 minutes to only 11 minutes, a Metro statement said.
The Beleghata-HemantaMukhopadhyay metro section will play a crucial role in enhancing connectivity with the IT hub. These metro routes will connect some of Kolkata's busiest areas, bring a notable reduction in travel time, and strengthen multimodal connectivity, benefiting lakhs of daily commuters, it added.
While the new stretches will provide wide access to daily commuters and visitors to the length and breadth of the city, it is expected to also help revellers visit Durga Puja pandals throughout the metropolis during the festivities later next month.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
6 minutes ago
- Indian Express
For sellers to reach Delhi and beyond, a cargo train from Kashmir to capital
THE NORTHERN Railways will soon run a Joint Parcel Product-Rapid Cargo (JPP-RCS) train directly between Kashmir and Delhi so as to provide a dependable alternative to fruit and handicraft dealers to showcase their produce across the country. This was approved by the Railway Board on Wednesday, officials said, adding that the train having an SLR (seating cum luggage rake) with eight parcel vans, will run on daily basis between Budham in Kashmir to Delhi's Adarsh Nagar railway station. At present, Kashmir has a goods train bringing cement from Punjab on almost daily basis since early this month. This comes two months after the Prime Minister Narendra Modi flagged off the Vande Bharat Express from Katra to Srinagar on June 6 this year, marking a historic leap in the region's rail connectivity. This cargo train will be run on a pilot basis in the initial year and the security arrangements in it will be made by the state police, the Northern Railways Jammu division said in a statement issued here. It is expected to reach its destination in Delhi in approximately 23 hours, which is faster than road transport from Budgam. The facility of loading and unloading of goods will be provided at Bari Bhrahana station, the statement said. Pointing out that the cargo train is being operated for the first time in Jammu Division, Jammu Division's Divisional Manager Vivek Kumar said that registration fee for booking in it has been reduced. This initiative aims to increase the share of railways in the courier business and provide an efficient, reliable and economical option to the customers, he said, adding that this service is a precise effort to attract the business class to the Indian Railways. Its main objective is to benefit small and big fruit producers of Kashmir by showcasing their unique products such as dry fruits and crafts and to encourage their marketing in India and internationally, he said. Uchit Singhal, the Senior Commerce Divisional Manager, explained that the primary aim of operating this train is to benefit Kashmir's traders and facilitate the delivery of goods, such as apples, saffron, walnuts, Pashmina shawls, carpets, and other handicrafts, to every corner of the country.
&w=3840&q=100)
Business Standard
6 minutes ago
- Business Standard
Bharti Hexacom shareholders approve ₹1,134 cr tower sale to sister concern
Bharti Hexacom has received approval from the majority shareholders at its 30th annual general meeting to sell mobile towers to its sister concern for Rs 1,134 crore, according to a regulatory filing on Wednesday. The Bharti Airtel group shared that its resolution "to approve material related party transactions with Indus Towers Limited, a related party" has been approved with 88.28 per cent votes at the annual general meeting. Sources said that state-run Telecom Consultants of India (TCIL), which holds a 15 per cent stake in the company, had opposed the deal, citing valuation issues. According to the postal ballot notice of Bharti Hexacom dated February 14, as cited in the AGM report, a deal to sell its tower to Indus Towers was agreed upon for Rs 1,134.1 crore. Bharti Hexacom received approval from the majority of shareholders on March 16 for the deal. The company, in an update on April 9, shared that TCIL had requested to start the process afresh as per its requirement. The voting result published after the 30th AGM of the company on Wednesday to approve the proposal shows that the deal has been approved by a majority of shareholders. However, around 2.5 per cent of votes from public non-institution shareholders opposed the deal. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
&w=3840&q=100)
Business Standard
6 minutes ago
- Business Standard
Best of BS Opinion: Rolling the dice on gaming bans, AI rules, and growth
In the Mahabharata, Chausar was not mere entertainment but a test of foresight, nerve, and destiny. Dice in hand, pieces moving, fortunes shifting, the game carried the weight of unpredictability and choice. Each roll of dice carried the possibility of triumph or ruin, every move shaping the course of kingdoms. What made the game enduring was its blend of chance and calculation, a reminder that even the strongest warriors could falter when strategy met uncertainty. Modern policymaking and economic choices carry the same weight. Laws, frameworks, and reforms resemble moves on a vast board where ambition, caution, and risk constantly collide. Let's dive in. The Union government's Online Gaming Bill, 2025 embodies this duality. It seeks to ban online money games, citing addiction, fraud, and financial losses, while simultaneously creating a regulatory framework to promote e-sports and casual play. The industry warns of job losses, underground markets, and declining investor confidence if prohibition prevails, notes our first editorial. With over Rs 25,000 crore in FDI and Rs 2 trillion in valuations at stake, the decision resembles a risky throw. Like a hasty roll of dice, Parliament must decide whether prohibition secures or destabilises the board. The Reserve Bank's FREE-AI report, too, is a masterclass in anticipating moves, highlights our second editorial. With its seven guiding 'sutras,' it seeks to balance the promise of AI with the perils of bias and opacity. By proposing common AI infrastructure, sandboxes, and indigenous models, the RBI wants India to play not as a follower but as a designer of the game. Execution, however, will decide whether AI becomes a trusted ally or a loaded dice. Meanwhile, Naushad Forbes urges India to respond to Donald Trump's tariff threats not with defensive swagger but transformative ambition, much like Japan transformed humiliation into industrial resurgence. To become a developed nation by 2047, India must reform education, agriculture, taxation, and manufacturing, aiming for sustained growth above 9 per cent. The choice is whether to play defensively or pursue the bold moves that can transform the board. Amit Kapoor cautions that India's cities risk losing vitality if migration slows. Migrants power both formal and informal economies, yet fear-driven governance has weakened their sense of belonging. With urban investment needs of $840 billion over 15 years, cities must remain open and trusting, or else the pieces on the board may stop moving altogether. And finally, as Ambi Parameswaran notes in his review of Sandeep Das's Why Your Strategy Sucks, strategy itself is the master move. Das distinguishes true strategy from mere plans, offering frameworks for both corporate goals and personal careers. Even if richer case studies might have added depth, its core lesson stands, that strategy is not about playing every piece but choosing the few moves that can redefine the entire game. Stay tuned!
