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Huawei FreeClips with C-bridge design launched in India: Price and features
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New Indian Express
14 minutes ago
- New Indian Express
Nod to Rs 8.3K cr Bhubaneswar Bypass
NEW DELHI: The Union Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved two mega infrastructure projects, including one for Odisha and another for Rajasthan, with cumulative estimated cost of over `9,500 crore. Briefing media after the meeting of the CCEA, Information & Broadcasting Minister Ashwini Vaishnaw said the construction of a 6-lane access-controlled Capital Region Ring Road (Bhubaneswar Bypass) in Odisha with an estimated cost of Rs 8,307.74 crore has been approved. The nod has also been given to the construction of green-field Kota-Bundi airport in Rajasthan with a total estimated capital investment of Rs 1,507 crore, he added. The Minister said, the length of the ring road project for the twin capital city of Bhubaneswar and Cuttack would be 110.875 km and it would be developed on Hybrid Annuity Mode (HAM). 'At present, the Rameshwar -Tangi stretch of the existing National Highway faces severe congestion due to heavy traffic moving through urban centres like Khordha, Bhubaneswar, and Cuttack. The new Greenfield ring road aims to divert heavy commercial vehicles away from these cities, thereby improving freight efficiency, reducing logistics costs, and promoting socio-economic development in Odisha and neighbouring eastern states,' Vaishnaw said. The alignment will integrate with three National Highways (NH-55, NH-57, NH-655) and one State Highway (SH-65), offering seamless connectivity to economic and social hubs across the region, he said.
Hans India
14 minutes ago
- Hans India
Centre approves Rs 8,000 cr Bhubaneswar bypass project
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Tuesday thanked the Centre for approving the Rs 8,307.74 crore Capital Region Ring Road project, calling it a landmark infrastructure initiative that will decongest major urban centres and boost the economy. He said the project will also enhance logistics efficiency and open new avenues for economic growth and prosperity in Odisha and the eastern region. 'I extend my sincere gratitude to Hon'ble Prime Minister Shri @narendramodi ji and Hon'ble Union Minister for Road Transport & Highways Shri @nitin_gadkari ji for according approval to the construction of the 6-Lane Access-Controlled Capital Region Ring Road (Bhubaneswar Bypass – 110.875 km) in Odisha at a total cost of Rs 8,307.74 crore,' Majhi posted on X. In a post on X, Modi said, 'Congratulations to the people of Odisha, especially Bhubaneswar and surrounding areas, on Cabinet decision regarding a vital infra project cleared today, which will ease congestion and boost 'Ease of Living''. Currently, connectivity between Rameswar to Tangi on existing National Highway, experiences significant congestion due to high traffic volumes, passing through densely urbanised cities Khurda, Bhubaneswar and Cuttack. To address these challenges, the project is proposed to be developed as 6-Lane Access-Controlled Greenfield Highway.. Stating that the project will provide significant benefit to Odisha and other eastern States by diverting heavy commercial traffic away from Cuttack, Bhubaneswar and Khurda, an official said this will enhance the efficiency of freight movement, reducing logistics cost and driving socio-economic growth in the region. The project alignment integrates with three major national highways (NH-55, NH-57 and NH-655) and one State Highway (SH-65), providing seamless connectivity to key economic, social and logistics nodes across Odisha, the official added. Additionally, the upgraded corridor will enhance multi-modal integration by connecting with 10 economic nodes, four social nodes and five logistic nodes, providing enhanced multimodality with a major railway station, an airport, one proposed Multi-Modal Logistics Park (MMLP), and two major ports thereby facilitating faster movement of goods and passengers across the region. As estimated, the project will generate approximately 74.43 lakh person-days of direct and 93.04 lakh person-days of indirect employment.
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Business Standard
14 minutes ago
- Business Standard
Stocks to Watch today, Aug 20: HAL, TaMo, Paytm, CIL, GMR Power, Coforge
Stocks to Watch today, August 20, 2025: Indian equities are poised for a negative start, amid mixed global cues. Last seen, GIFT Nifty futures were down 67 points at 24,967. Globally, investors await the Federal Reserve's annual symposium at Jackson Hole, Wyoming, from August 21 to August 23, where Fed Chairman Jerome Powell's comments will be scrutinised for any clues on the central bank's outlook on the economy and monetary policy. Overnight, US markets settled mixed, with the Dow Jones up 0.02 per cent, but the S&P 500 down 0.59 per cent and the Nasdaq down 1.46 per cent. In the Asia-Pacific region, Chinese markets traded mixed after the People's Bank of China (PBOC) kept the one-year loan prime rate (LPR) unchanged at 3 per cent, while the five-year LPR was at 3.5 per cent. Last checked, mainland China's CSI 300 was flat and Hong Kong's Hang Seng was down 0.86 per cent. That apart, Japan's Nikkei fell 1.58 per cent after the country's exports dropped 2.6 per cent year over year in July, notching their steepest drop in over four years. South Korea's Kospi slipped 2.03 per cent. However, Australia's ASX 200 was up 0.26 per cent. Here is a list of stocks to watch on Wednesday, August 20, 2025: Aditya Infotech: The company reported a net profit of ₹44 crore in Q1FY26, as compared to ₹30.4 crore a year ago. Its revenue from operations stood at ₹740 crore, as against ₹636 crore a year ago. Paytm: Motilal Oswal AMC, through its various schemes, bought an additional 26.31 lakh shares (representing a 0.41 per cent stake) in Paytm, according to reports. HAL: The government cleared the ₹62,000 crore order to procure 97 additional indigenous Light Combat Aircraft (LCA) Tejas Mk1A fighter jets from Hindustan Aeronautics Limited (HAL) for the Indian Air Force (IAF). Hero MotoCorp: The company launched the new Glamour X 125, India's most futuristic 125cc motorcycle. Tata Motors: The company's subsidiary TML CV Holdings Pte. Ltd. has filed a Euro 14.1 billion offer document with Commissione Nazionale per le Società e la Borsa, Italy, for a tender offer on Iveco Group. Coforge: Coforge has climbed the ranks in the mid-tier Indian information technology (IT) services space and is entangled in stiff competition with Mphasis, Hexaware and Persistent Systems to emerge as the next big company after LTIMindtree. According to data, Coforge is currently ranked number eight, behind LTIMIndtree and Mphasis. Ramco Cements: Chennai-based cement major The Ramco Cements said on Tuesday that it is targeting a revenue of around Rs 16,000 crore in the next four to five years, up from around Rs 8,539 crore in FY25. Hindustan Zinc: The company will aim to expand into uranium mining if the government opens up the sector to private players, its chief executive Arun Misra told Reuters on Tuesday. Coal India: State-owned Coal India Ltd (CIL) signed a pact with Konkan Railway Corporation to develop rail infrastructure for the company and its subsidiaries. Fusion Finance: Microlender Fusion Finance Limited (FFL) is targeting recoveries of around ₹200 crore over the next 12 months from its ₹3,400 crore stressed assets book, which includes written-off loans and non-performing assets (NPAs). Globe Civil Projects: The company received an order from the Haryana Cricket Association, Bhiwani, for the construction of an International Cricket Stadium at Lohat, District Jhajjar, Haryana. Lloyds Metals and Energy: The company has emerged as a successful bidder for the Tandsi-III and Tandsi-III extension coking coal mine, securing the project with a premium of 10.5 per cent in the Madhya Pradesh–Maharashtra border. IRFC: Indian Railway Finance Corporation (IRFC) has sanctioned and executed agreements for a fresh term loan facility of ₹199.7 crore with Surat Integrated Transportation Development Corporation Limited (SITCO) to support the development of the Surat Multi-Modal Transport Hub (MMTH). GMR Power and Urban Infra: The board will mull the proposal for raising funds of up to ₹3000 crore in a meeting on Friday, August 22, 2025. Endurance Technologies: The company has evaluated and approved capacity addition for ABS, disc brake systems, and brake discs. New machinery shall be installed primarily for manufacturing products at the company's existing plant situated at E-71, MIDC Industrial area, Sambhajinagar.
