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Time of India
14 hours ago
- Business
- Time of India
Zoho's Sridhar Vembu on how to make Indian cities livable like Singapore that limits car ownership through certificates
Zoho founder Sridhar Vembu has called for building extensive public transport networks across Indian cities to make them more livable, citing Singapore as a successful model that limits car ownership through policy innovation. 'I want to add that Singapore, one of the most advanced economies in the world and one of the most livable cities, relies extensively on public transport,' Vembu wrote on X. 'Singapore also limits the number of private cars through the mechanism of open market trading of Certificate of Entitlement (COE), which is required to own a car. The certificate itself can cost over SGD 100,000—on top of the car's price. Indian cities are far denser than Singapore. We have to build extensive public transport to make our cities livable. It can be done.' Vembu's remarks came in response to a post by MP Tejasvi Surya , who criticised the Karnataka government's Rs 18,500 crore tunnel road project in Bengaluru . Surya argued that the project serves only the top 10% of car owners while neglecting mass transit needs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Domchanch: 1 Trick to Reduce Belly Fat? Home Fitness Hack Shop Now Undo 'The Rs 18,500 crore tunnel road is a deadweight on Bengaluru,' Surya said. 'What the city actually needs are: 16,580 BMTC buses by 2031 (we have just 6,800 now) 317 km Metro by 2031 (only 78 km operational today) Yellow Line has been ready for four years but remains unopened. Over 20 flyover and road projects are stalled. Instead of addressing these issues, CM Siddaramaiah and DCM DK Shivakumar are pushing a vanity project that serves the few, not the many.' In June, the Karnataka cabinet approved two major underground tunnel corridors under a Build-Own-Operate-Transfer (BOOT) model. Private players will recover costs through tolls collected over 30 years. Deputy CM Shivakumar said global tenders would be floated 'in the next two or three days.' According to the project's detailed report, the 16.6 km tunnel from Esteem Mall in Hebbal to Silk Board Junction will cut travel time from 90 minutes to 45. Entry/exit ramps are proposed at Mehkri Circle, Race Course, and Lalbagh. The estimated toll for cars is Rs 330. Other proposed tolls include: Live Events Hebbal–Sarjapur/HSR Layout (16.3 km): Rs 320 Hebbal–Hosur Main Road (12.7 km): Rs 250 Hebbal–Seshadri Road (9 km): Rs 180 Mehkri Circle–Silk Board (12.5 km): Rs 245 Tolls are expected to rise annually by 5% (based on WPI), capped at 40%. Vembu's post prompted responses from several users on X. One asked, 'Sir, will the Indian public even accept something like Singapore's car ownership certification model? More importantly, do our policymakers even think in that direction?' Another user commented, 'Sridhar Sir, come to Delhi and I'll show you how car manufacturers shape public transport policy. Every day, at least 10,000 cars leave Delhi for Gurgaon—just to get to Cyber City. Why isn't there a direct Metro line from Delhi to Gurgaon? That's the real question.' A third user wrote, 'People often mistake public infrastructure for just bigger roads and bridges. But real infrastructure means building world-class public transport that even the elite prefer to use.'
Time of India
14 hours ago
- Automotive
- Time of India
Follow Singapore: Zoho's Sridhar Vembu shares how making cars costlier by Rs 67 lakh can solve Bengaluru-like traffic woes
Check full text here — svembu (@svembu) Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Highlighting the urgent need for sustainable urban planning in India, Zoho founder Sridhar Vembu pointed to Singapore as a model for balancing livability and mobility. He noted that despite being one of the most advanced economies and most livable cities in the world, Singapore relies heavily on public transport and strictly limits private car ownership through its Certificate of Entitlement (COE) system—where the certificate alone can cost over SGD 100,000, excluding the vehicle price. The response was in reply to BJP MP Tejasvi Surya's post on Rs 17,780 crore project to build a 16-kilometre road tunnel under Bengaluru, aiming to reduce travel time between Bengaluru's northern and southern parts.I want to add that Singapore, one of the most advanced economies in the world and one of the most livable cities, relies extensively on public transport. Singapore also limits the number of private cars through the mechanism of open market trading of Certificate of Entitlement (COE) needed to own a car and the certificate costs more than Singapore $100K (and the car price is on top of that). Indian cities are far more dense than Singapore. We have to build extensive public transport to make our cities livable. It can be done."We can build more cities and developed small cities in big cities, we have too many small cities which can be upgraded. We just need to move people from big cities to small cities and then villages," said one user."Sir, will it be acceptable to Indian public if something like Singapore model of private car ownership is implemented in India? May be the question to ask is, does our policy makers think about it in first place?" said another proposed tunnel will run from Esteem Mall in Hebbal Junction to Central Silk Board Junction in HSR Layout. According to officials, the tunnel is expected to bring down travel time from around 60 minutes to 20–25 minutes. It will be constructed using eight Tunnel Boring Machines (TBMs) at a depth of 30 work will be divided into two equal phases:Phase 1: Esteem Mall to Seshadri RoadPhase 2: Seshadri Road to Silk Board JunctionThe tunnel will include two- or three-lane entry and exit points at various locations. Construction is likely to take 26 months, followed by 12 more months for civil and related work.
Yahoo
3 days ago
- Business
- Yahoo
UnUsUaL Full Year 2025 Earnings: S$0.023 loss per share (vs S$0.008 profit in FY 2024)
Revenue: S$53.2m (down 28% from FY 2024). Net loss: S$23.3m (down by 402% from S$7.73m profit in FY 2024). S$0.023 loss per share (down from S$0.008 profit in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period UnUsUaL shares are down 3.8% from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with UnUsUaL (at least 1 which is a bit concerning), and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
H2G Green Full Year 2025 Earnings: S$0.27 loss per share (vs S$0.005 loss in FY 2024)
Revenue: S$15.5m (up 52% from FY 2024). Net loss: S$3.84m (loss narrowed by 34% from FY 2024). S$0.27 loss per share. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period H2G Green's share price is broadly unchanged from a week ago. You still need to take note of risks, for example - H2G Green has 4 warning signs we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
H2G Green Full Year 2025 Earnings: S$0.27 loss per share (vs S$0.005 loss in FY 2024)
Revenue: S$15.5m (up 52% from FY 2024). Net loss: S$3.84m (loss narrowed by 34% from FY 2024). S$0.27 loss per share. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period H2G Green's share price is broadly unchanged from a week ago. You still need to take note of risks, for example - H2G Green has 4 warning signs we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
