Multi-level Kaiserbagh parking to ease congestion
1
2
Lucknow: Traffic congestion near the district court, collectorate and Swasthya Bhawan is expected to ease soon as a
multi-level parking facility
in Kaiserbagh is nearing completion.
Built at a cost of Rs 16.5 crore under the
Smart City project
, the facility will cater to about 250 four-wheelers and 100 two-wheelers on its two designated floors.
During recent inspection,
municipal commissioner Gaurav Kumar
had directed officials to expedite the remaining work and make the parking operational at the earliest. He also instructed the speedy completion of the commercial shops being built within the complex. Officials said the parking facility will reduce traffic congestion on three major roads where haphazardly parked vehicles on both sides have been causing blockages.
The construction began in 2021 and includes modern features such as better lighting and basic amenities. During his visit, Kumar found that the drains near the Kaiserbagh bus stand and the old high court were blocked and instructed workers to clean them using machines. He also gave the same instructions for the blocked drains near Registration and Excise Department. At Balrampur Hospital blood bank and KGMU Limb Centre, he asked for thorough cleaning of drains, removal of encroachments and safety equipment for sanitation workers.
The commissioner warned that any carelessness in cleaning or maintenance work would not be tolerated and that all tasks must be finished within deadline.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
2 hours ago
- New Indian Express
Hyundai, Kia offload Ola Electric stakes via block deals
South Korean automakers - Hyundai Motor and Kia Corporation - have divested their entire shareholding in Ola Electric Mobility through block deals, marking a strategic exit from the loss-making electric two-wheeler manufacturer. Hyundai sold 10.8 crore shares at Rs 50.70 apiece, amounting to Rs 552 crore, while Kia sold 2.7 crore shares at Rs 50.55 each, amounting to Rs 138 crores, showed NSE bulk deal data. Shares of Ola Electric closed 8.12% lower at Rs 49.33 on the BSE on Tuesday, As of March 2025, BSE data shows that Hyundai held a 2.4% public stake in the company. Citigroup Global Markets Mauritius purchased 8.61 crore shares at Rs 50.55 per share, thus investing ₹437 crore investment in Ola Electric. The exit by Hyundai and Kia comes days after Ola Electric reported that its losses more than doubled to Rs 870 crore in the fourth quarter of financial year 2025 (Q4FY25) as against Rs 416 crore loss reported in the same quarter of last fiscal (Q4FY24). The company's revenue from operations dropped 59.5% year-on-year to Rs 716 crore. The fall in and bottomline and topline performance is primarily attributed to a sharp decline in sales amid increasing competition from legacy players. Vehicle deliveries came down to 51,375 units in Q4FY25 from 115,000 units in Q4FY24. The company, however, claims to have retained market leadership for FY25, with full-year deliveries coming at 359,000 units, up from 329,000 a year earlier.
India.com
3 hours ago
- India.com
Not Mukesh Ambani, Anil Ambani, Adani, Gautam Singhania; Meet man who owns most expensive car in India
Most expensive car- Mukesh Ambani, Anil Ambani, Adani, Gautam Singhania Most expensive car: You must have heard about many billionaires who own expensive cars but do you who owns the India's most expensive car. We would like to tell you that the most expensive car is not owned by high-profile figures like Mukesh Ambani or Gautam Adani, but by VS Reddy, the Managing Director of British Biologicals. As per media reports, VS Reddy owns a Bentley Mulsanne Extended Wheelbase (EWB) Centenary Edition, valued at approximately Rs 14 crore. VS Reddy is the founder and Managing Director of British Biologicals, a leading nutraceutical company in India, often referred to as the 'Protein People.' He has received 52 national and international awards and has expressed a lifelong passion for collecting luxury cars, referring to Bentley as the 'Taj Mahal of cars.' About Bentley Mulsanne EWB Centenary Edition The Bentley Mulsanne EWB Centenary Edition is a 6.75-litre twin-turbocharged V8 approximately 506 horsepower and 1020 Nm of torque. 'The Protein Man of India' VS Reddy, also renowned as 'The Protein Man of India' founded the company in the year 1988. British Biologicals is a research and innovation based global healthcare nutraceutical company, popularly known as 'The Protein People'. About British Biologicals British Biologicals is one of the largest medical nutrition manufacturers impacting health and wellness with its nutritional solutions for paediatric, diabetic, gynecology, cardiovascular, hepatitis, geriatric nutrition, and healthcare.
&w=3840&q=100)
Business Standard
4 hours ago
- Business Standard
Harrier.ev in driver's seat as Tata Motors eyes 50% market share in EVs
Tata Motors (TML), the leader in India's electric passenger vehicle market, is betting on its new off-roader electric high SUV, the Harrier EV, along with other offerings in the entry and mid-level EV segments, to sustain over a 50 per cent share of India's 100,000-unit EV market. The market is expected to grow by more than 50 per cent in 2025-26, crossing the 150,000-unit mark. The company also claimed it does not face any immediate crisis from the rare-earth metals supply disruption from China. The Harrier EV, aggressively priced with a starting price of Rs 21.49 lakh, is expected to compete with Mahindra & Mahindra's XUV 9e, which starts at Rs 21.9 lakh. Speaking to Business Standard, Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility Managing Director Shailesh Chandra said the SUV segment has grown over the years to command 55 per cent of the passenger vehicle market, with the high-SUV segment (vehicles priced over Rs 20 lakh) accounting for around 25,000 units a month. 'This is a sizeable segment that attracts more sophisticated customers who are mostly upgraders from earlier cars and are looking for better performance, quality, and new technology,' he added. Chandra explained that in the overall EV market, entry-level EVs priced below Rs 12 lakh (such as the Tiago EV) sell around 3,500-4,000 units a month, while mid-size EVs (like Punch and Nexon) sell about 6,000 units monthly. The Punch straddles the entry and mid-size EV segments, typically offering a 300-400 km range and catering to maximum volumes and competitive intensity, as it functions as both a city and intercity car. The new category of high SUVs as EVs, where the Harrier has been positioned, is expected to break barriers for EV adoption. 'New customers who have not considered EVs so far will come into the fold due to faster charging speeds (the Harrier EV, for example, can add 250 km of range in 15 minutes), more range (500-600 km), which is comparable to any ICE vehicle, and thus EVs will become more mainstream,' he said. TML has faced stiff competition from players like JSW MG Motors and Mahindra in recent months, with its market share dropping from over 70 per cent to 55.4 per cent at the end of FY25. According to Vahan data, Tata Motors' EV market share in the first two months of FY26 stands at around 37.9 per cent, down 13.8 per cent year-on-year. Meanwhile, M&M and MG have gained, with market shares of 24.4 per cent and 31.2 per cent respectively. Chandra said he is optimistic FY26 will be their best year yet, aligned with industry growth. 'The industry might grow by over 50 per cent, and we are entering a new segment which should give us more volumes. We are also taking action in existing segments that were problematic last year, which should help us grow volumes,' he said, adding the goal is to hold a 50 per cent EV market share in the mid to long term. Asked about exports as the domestic market becomes more competitive, Chandra said exports will be a mid-to-long-term focus, but improving the value proposition of existing products, including entry-level models, is the immediate priority. The plan is to expand the entry-level market from 3,500 units a month to 6,000 units. 'We are also working on the fleet segment to make it comparable with the value proposition of CNG vehicles,' he noted. Post-FAME subsidies, TML has seen a significant decline in fleet sales, which once accounted for nearly 20 per cent of its EV sales. The Harrier EV, loaded with features such as a 540-degree surround view, transparent mode, blindspot view, digital key (via smartwatch or phone), auto-park assist, and summon mode, will be manufactured at the company's Pune plant. While Chandra did not disclose production targets, he said they have plans for a rapid ramp-up if needed. He does not expect the Harrier EV to cannibalise sales of the Harrier ICE variant. 'We have experience with a multi-powertrain strategy in other products. For example, when the Punch ICE launched in 2021, it sold 8,000 units a month. Now, with EV and CNG variants, sales have doubled to 16,000 units a month. So the segment expands, and that's how I see this,' he said. He expects EVs to achieve double-digit penetration in the high SUV segment in the coming quarters.
