Tag
Transportation
5 articles
Welspun Enterprises reported a strong Q4 FY26 with a 31% year-over-year increase in EBITDA, driven by robust performance in its transportation vertical, highlighted by a recent ₹7,300 crore highway project win. The company’s order book now stands at approximately ₹18,755 crore. Simultaneously, Indian Railways is progressing on significant infrastructure projects, including a ₹20,667 crore semi-high-speed rail line connecting Ahmedabad and Dholera, and Telangana is set to benefit from ₹1,535 crore in railway upgrades. Across the sector, IRB Infrastructure reported a 24% increase in April toll revenue, while Ceigall India received completion certification for a key stretch of the Delhi-Amritsar-Katra Expressway.
US Allocates $200M for Penn Station Rebuild
U.S. Transportation Department will allocate $200 million toward an $8 billion New York Penn Station rebuild, with construction to start by next year’s end.
Amtrak and the Transportation Secretary ann
DAMEPL Appeals HC Verdict, Listed 15 July
Supreme Court heard DAMEPL's petition for special leave to appeal against Delhi High Court judgment dated 24‑12‑2025.
The case involves DAMEPL versus CAF & ANR, with counsel Mahesh Agarwal and others
Supreme Court Condones SE Railway Delay
Petition by General Manager South Eastern Railway & Ors. challenges High Court order dated 09‑12‑2025.
Supreme Court justices Aravind Kumar and Prasanna B. Varale condoned filing delay and stayed the
RITES Q4 Revenue Up 27.7% YoY, Dividend ₹2.75/Share
RITES reported Q4 FY26 revenue growth of 27.7% YoY with EBITDA of ₹172 crore at 22.4% margin.
Company achieved highest ever order book of ₹9,416 crore, adding ₹958 crore in new orders during Q4.
Board
SC Extends Filing Deadline in Metro Appeal
Supreme Court heard petition for special leave to appeal by St. Michaels Home/Convent against Bangalore Metro Rail Corporation Ltd.
The bench comprised Justices Vikram Nath and Sandeep Mehta with coun