The Ministry of Road Transport & Highways (MoRTH) has notified rules mandatory for accredited Drivers Training Centers. These rules will come into effect from 01st July, 2021. This will help in imparting proper training and knowledge to candidates who enroll at such centers. The salient features of Accredited Driver Training Centers are as under:- 1. The … Read more
Ministry of Road Transport and Highways has issued a draft notification for bringing Protective Helmets for two wheelers rider under compulsory certification as per Bureau of Indian Standards Act, 2016. This will enable to have only BIS certified helmets for two wheelers to be manufactured and sold in India. It will also improve the quality … Read more
Johnson, the younger brother of hard-Brexiteer Boris Johnson, called for the public to have a fresh say on Britain’s membership of the European Union (EU). The Conservative Party MP, who was a New Delhi-based journalist for ‘The Financial Times’ between 2005 and 2008, said the UK was “barrelling towards an incoherent Brexit that is going … Read more
Shriram Transport Finance Company has raised funds worth Rs 300 crore through issuance of bonds. The issue comprises three tenor bonds of three, five and ten years, offering a coupon in the range 9.12% to 9.70%. Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking … Read more
Shriram Transport Finance Company has reported results for second quarter ended September 30, 2018. The company has reported 22.60% rise in its net profit at Rs 609.58 crore for the quarter under review as compared to Rs 497.22 crore for the same quarter in the previous year. Total income of the company increased by 21.11% … Read more
Shriram Transport Finance Company is planning to raise funds in ordinary course of business by way of issue of redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Board of Directors of the company will be held on October 25, 2018, to consider the same. Shriram Transport Finance Company is a flagship company … Read more
Shriram Transport Finance Company has proposed to raise up to Rs 1350 crore through secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The NCDs have a fixed rate of interest, with seven different series. The NCDs have tenures of three, five and 10 years, with monthly, annual and cumulative payment … Read more
New Delhi: The questionable standards of medical facility in the state of Uttar Pradesh is not unknown but using ambulance service to ferry goods instead of passengers may still be a new low. And this low surfaced in Kannauj where the 108 ambulance service was caught on camera with stacks of containers – instead of … Read more
New Delhi : Expressing concern over increasing road accidents on Yamuna Expressway, the International Road Federation (IRF) today recommended implementation of an intelligent transport system (ITS) on the expressway. “The driving condition on Mumbai-Pune expressway and Noida-Agra expressway are different than other roads. For safe driving, ITS along with strict enforcement of speed has to be … Read more
Shriram Transport Finance Company has raised funds worth Rs 500 crore on private placement basis. The Allotment Committee – NCDs of the company in its meeting held on March 06, 2018, has approved and allotted 5,000 Secured Redeemable Rated Listed Non-Convertible Debentures of face value of Rs 10 lakh each, aggregating to Rs 500 crore. … Read more
Udaipur : Eight persons including seven kids were injured when a bus belonging to the State public transport department collided with an autorickshaw at Pahadi bus stand near Chetak circle in Udaipur on Friday morning. The accident took place around 7.15 when the autorickshaw wascarrying some ten children to school. All the students are from St … Read more