Monday, August 24
The Kerala Motor Vehicles Department (MVD) has issued notices to major quick-commerce platforms, including Blinkit, Swiggy, Zepto and Bigbasket, to overhaul their delivery policies, following a surge in traffic violations and reckless driving by their riders. The notices have been served to the companies' dark stores and platform operators, directing them to streamline and align their internal policies with road safety regulations within the next 15 days, a statement said here on Wednesday. The department warned that failure to comply would invite further legal action. The MVD pointed out that the growing practice of promising ultra-fast deliveries-within seven or 20 minutes-is contributing to unsafe driving behaviour on roads. Speeding, rash riding and failure to wear safety gear such as
Railway stocks are back in the spotlight just as 2025 winds down, with investors snapping up names that have struggled for much of the year. Shares of RVNL, IRCTC, Jupiter Wagons, RailTel, Texmaco Rail and Titagarh Rail staged sharp gains this week, pulling buyers into a sector now buzzing with pre-Budget speculation. The question investors are asking is if this is a sustainable turnaround, or just another pre-Budget spike?Jupiter Wagons led Tuesday’s charge, rising nearly 8% to Rs 335, followed by RailTel Corporation climbing 5.3% to Rs 360. RVNL gained 3% to Rs 342.60, while Titagarh Rail and Texmaco Rail edged up 2% and 1%, respectively. On Wednesday, profit-taking slightly trimmed these gains, though overall momentum remains strong.What’s driving the rally in railways stocks?Analys
Shares of Vikran Engineering rallied as much as 15% on Wednesday to hit an intraday high of Rs 99.80 on the BSE, after the company announced that it had secured a major Rs 2,035.26 crore EPC (Engineering, Procurement, and Construction) order from Onix Renewables Limited.The order is for the development of 600 MW AC solar power projects across multiple locations in Maharashtra.In a regulatory filing, the company stated that the project was awarded on December 23 and will be executed on a turnkey basis. The scope of the work includes complete end-to-end services, design, engineering, procurement, erection, testing, and commissioning, along with the supply of critical components like solar PV modules and inverters.The entire project is scheduled to be completed within 12 months.Commenting on
