Skip to content
Search

Latest Stories

India and UK agree on MoU in urban transport sector

India and the UK have agreed to sign an MoU in the urban transport sector for cooperation in policy planning, technology transfer and institutional organisation.

Union Minister for Road Transport, Highways and Shipping Nitin Gadkari, who was in London on a three-day visit, finalised the bilateral cooperation arrangement between the Transport for London (TfL) and the India's Ministry of Road Transport and Highways to cover a wide range of transport mobility solutions and associated activities in urban environments.


"The signing of the MoU will be completed through diplomatic channels shortly," Gadkari said.

During his visit to the headquarters of TfL in London, Gadkari was given a presentation on strategy and policy reforms, customer experience and data analysis with respect to London buses and other integrated modes of public transport in the Greater London area.

Under the proposed MoU, the TfL will share with the ministry of road transport and highways its expertise on the mobility and efficiency of transport system and methodologies to facilitate the planning and delivery of mobility solutions, including ticketing, passenger information, major project financing, infrastructure maintenance strategies and behavioural change and public transport promotion.

The road transport and highways ministry expects to strengthen cooperation on electric buses, bus innovation and capacity augmentation and water transport following today's meeting with TfL authorities.

TfL claims to provide world class services that keep the British capital better equipped with public transport. It also virtually coordinates all the London transport, including London metro, the bus network, Dockland Light Rail, water transport and cable car etc.

More For You

JLR-Tata-Getty

JLR had initially planned to manufacture more than 70,000 electric vehicles at the facility. (Photo: Getty Images)

JLR halts plan to build EVs at Tata’s India plant: Report

JAGUAR LAND ROVER (JLR) has put on hold plans to manufacture electric vehicles at Tata Motors’ upcoming £775 million factory in southern India, according to a news report.

The decision was influenced by challenges in balancing price and quality for locally sourced EV components, three of the sources said. They added that slowing demand for electric vehicles was also a factor.

Keep ReadingShow less
Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less