Motilal Oswal

Jan 30, 2025 | goodreturns.in | Swati Nair |Motilal Oswal

Business The Union Minister, Nitin Gadkari, highlighted the importance of adopting automated and intelligent machine-aided construction for National Highways. He described these highways as national assets and emphasised that this technological advancement is a positive step forward. Gadkari spoke at an event organised by the National Highways Authority of India (NHAI), where he outlined the benefits of this approach. Automated construction methods bring numerous advantages to highway projects.

Jan 30, 2025 | goodreturns.in | Swati Nair |Motilal Oswal

Business The Reserve Bank of India (RBI) has revised its guidelines for imposing fines and handling offences under the Payment and Settlement Systems Act (PSS Act). This move aims to streamline enforcement actions by the central bank. The updated rules apply to payment system operators and banks, detailing specific violations such as operating without authorisation, sharing prohibited information, and not paying penalties on time.

Jan 30, 2025 | goodreturns.in | Swati Nair |Motilal Oswal

Business Wipro, an IT services firm, has been chosen by Etihad Airways to spearhead a major technology upgrade. The UAE's national airline aims to modernise its systems through this collaboration. Although Wipro did not disclose the financial terms, the contract spans five years and involves a multi-million-dollar investment in IT transformation and cost optimisation.

Jan 30, 2025 | goodreturns.in | Swati Nair |Motilal Oswal

Business Jammu and Kashmir Chief Minister Omar Abdullah has declared that his administration's main focus is to elevate the region into a global tourism hub. This announcement was made during his visit to the Jammu and Kashmir Tourism Pavilion at the Outbound Travel Mart (OTM) 2025, Asia's largest travel trade event, held at the Jio World Convention Centre. The OTM event, which spans from January 30 to February 1, gathers exhibitors and buyers from around the world.

Jan 30, 2025 | goodreturns.in | Motilal Oswal

Business IndiGo on Thursday said airfares have stabilised for the Prayagraj flights and that the airline has significantly increased the number of flights on the route to 900 for the Maha Kumbh. There have been persistent concerns about soaring airfares on the flights to Prayagraj in the wake of rising passenger demand and the government has asked airlines to maintain air ticket prices as well as operate more flights on the route.