Kris Gopalkrishnan buys two apartments in Bengaluru at Rs 76 crore

Ramco Cement Posts 64% Profit Drop

Ramco Cements has posted a sharp decline in net profit for Q2 FY25, with a decrease of 64.21% compared to the same period last year. This drop in earnings is attributed to a combination of factors, including rising input costs, lower demand, and increased competition in the cement industry. For the quarter, the company recorded a net profit of ?98.4 crore, down from ?274.4 crore in Q2 FY24. The cement major faced pressures from higher raw material and energy costs, which impacted margins. Additionally, subdued demand for cement in certain regions, as well as challenges in passing on cost incre..

EV-Only Public Transport Proposed in Bengaluru

Bengaluru is taking a significant step towards reducing pollution by promoting electric vehicles (EVs) in its public transport system. The proposal to shift to an EV-only fleet for public transport aims to cut down the city's carbon footprint and improve air quality. This move aligns with the city’s long-term goals of sustainability and reducing vehicular emissions. The initiative, which is part of Bengaluru's broader push for environmental conservation, is expected to replace the existing diesel-powered buses with electric buses. This will not only lower greenhouse gas emissions but also co..

Kavach Installation to Begin on Railways

Indian Railways is set to begin the installation of its advanced safety system, Kavach, across key routes in the Central Railway (C-Railway) and South East Central Railway (SECR) zones. The project, which aims to enhance safety by preventing train collisions, is being fast-tracked to ensure quicker implementation. Kavach is an indigenous Automatic Train Protection (ATP) system that can automatically stop a train in the event of a potential collision or signal error. The installation across C-Railway and SECR will cover multiple train routes, with a focus on high-density and accident-prone sect..