Delhi’s Metro Rail has crossed 1 billion passenger mark

Delhi’s Metro Rail has crossed 1 billion passenger markThe Delhi Metro railway announced its achievement of going up to the level of 1 billion passengers traveled on its vast networks since 25th December 2002, when it started, on Thursday.

The spokesperson of Delhi Rail Metro Corporation said, “We crossed the one billion mark on Thursday. The figure is almost equivalent to the population of the country. Today it stretches across 90 km and by October next year another 100 km would be added to the metro’s growing network.”

The expansion of the network also includes the increase in the passengers, from 35,000 seven years ago to 9 lakh presently.

After the just-ended trade fair, the Delhi Metro’s record registered a ridership of 1,014,955,894 on Thursday, which is believed to be the highest ever since the metro was commenced in Delhi.

The DMRC officials signaled the inclusion of new trains to the system on every fortnight. Already 17 trains for broad gauge and another 10 trains for standard gauge are running for metro rail and 131 new trains which will be delivered before 2010 end.


Tagged with

Miscellaneous

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.