Latest news with #CMP
Time of India
16 hours ago
- Automotive
- Time of India
Chennai set to get a 25-year Comprehensive Mobility Plan
Smart urban planning, with efficient mobility being a critical part, is not an option but a necessity. With that cognisance, the Chennai Unified Metropolitan Transport Authority ( CUMTA ) is devising a 25-year Comprehensive Mobility Plan for Chennai Metropolitan Area (5904 with the key aim of efficient, seamless public transport for citizens, which in the process will also decongest roads and improve road safety, especially for pedestrians. 'Urban roads are not unlimited. It's a limited source. So, our main idea is to promote public transport options and provide seamless connectivity even for the last mile. They carry more people per unit road space and energy consumed,' I Jeyakumar, IRTS, Member Secretary and CEO, CUMTA tells ETAuto. CUMTA is an authority under the Tamil Nadu government, chaired by the Chief Minister. It is a coordinating authority for all transport related departments/ agencies in the Chennai Metropolitan Area spanning 5904 sq km, including the districts of Chennai, Kancheepuram, Tiruvallur, Chengalpattu and Ranipet. The authority has a team consisting of technical experts hired from the private market and officers on deputation from various government departments for effective coordination. The team is led by a Member Secretary who is also the Chief Executive Officer of CUMTA. Mobility revamp As part of the CMP, CUMTA says 50,000 households were surveyed in this region to gain inputs for the masterplan. 'Basically, it's to understand the travel pattern, how people are actually moving, what modes they are using, which are the predominant modes, gaps in the system. We do a diagnostic analysis based on a lot of data and then we come up with the proposals,' says Poonam Sabikhi, Sr. Transport Planner, CUMTA. The survey data showed that 34 per cent of the population in the core city commute by two-wheelers, 7 per cent by cars, and another 7 per cent by cabs and auto-rickshaws. Jeyakumar argues that inadequate number of public transport buses is also leading to people choosing private vehicles, which, in turn, also contributes to traffic congestion and parking issues. Therefore, public transport, footpath and road infrastructure improvements are the topmost proposals of the CMP. Identifying where bus augmentation has to be done, priority lanes or dedicated lanes for buses, locations for terminal depots are some of the key goals. Explaining the larger goal, Sabikhi says 'We are looking at how we can have an integrated transport system. And all these systems like bus, metro or suburban trains, are still working in silos. We need to have an integration among them.' One key step to achieve the integration is a ticketing app which CUMTA is developing. Once ready, citizens can avail transport services across all three modes using a common QR code generated ticket. Double-deckers could also make an entry into Chennai's public transport landscape. The more space efficient mobility option is being proposed for at least a few routes. This would also help address the significant deficit between the demand and supply of buses in Chennai. CUMTA estimates that 6,500 - 7,000 buses are required in the city, whereas the current fleet strength is 3,300 buses (including the ones out of service temporarily). 'We are recommending (double-decker) for certain routes. The number of regular buses have to be increased first,' says Jeyakumar. In another significant move towards improving urban mobility, the Government of Tamil Nadu has approved the parking policy for the Chennai Metropolitan Area prepared by CUMTA . A key reform introduced in the parking policy is planning, management and implementation of parking under one agency. Another initiative under development is Smart Parking Management in Anna Nagar as a pilot project. For the implementation of Smart Parking, CUMTA is developing a common parking app for the fee collection, monitoring and enforcement. The entire system will be centrally monitored by the Parking Management Unit at CUMTA. Pedestrian-friendly spaces Beyond public transport, the CMP is also targeting improvement in pedestrian mobility, by identifying ways to improve the footpath network. 'We have identified the clusters, because that is also a huge network. So again, on a priority basis, it should be taken up first. The first objective is that all the transit stations, like bus terminals, Metro and suburban train stations should have accessibility by footpath,' says Sabikhi. Access to and from footpaths for wheelchair users is also being factored in in the proposals. And, for safer mobility, CUMTA says it is working on standardising processes for accident data. Granular data is critical to analyse trends, which in turn can help in devising ways to address the root causes of fatal accidents. 'Most accidents are written off as human errors. But if you don't know the causes of these fatal accidents from a vehicle or road infrastructure point of view, then how are you going to fix it? So, first we are working with the police to collect good quality road accident data. Based on the accident analysis, we can then understand the vehicle and infrastructure factors and advise the respective agencies to rectify designs or infrastructure through a scientific and data-driven approach,' says Ravishankar Rajaraman, Road Safety Expert at CUMTA. Given the scale of the mobility plan, and the different challenges in its execution, CUMTA plans to line up its targets in terms of 5-year periods. Now, the first phase for the CMP, after being cleared by its CEO, is to get the approvals from the Executive Committee (group of Secretaries and Headed by Chief Secretary), and then the final approval of the CM.
Mint
3 days ago
- Business
- Mint
Recommended stocks to buy today, 18 June, by India's leading market experts
The Indian stock market experienced a volatile session, opening positively but then staying in negative territory due to ongoing geopolitical uncertainties, specifically the US President's warning to Iran. Both the Nifty 50 and BSE Sensex saw early highs but ultimately closed lower, with a bearish candle forming on the Nifty daily chart, indicating a lack of strong buying. With most sectors closing in the red and mid-cap and small-cap segments facing challenges, investors are seeking strategies to generate returns amidst these uncertain market conditions. Here are three stocks to trade, as recommended by NeoTrader's Raja Venkatraman: Why it's recommended: A strong set of Q4 numbers reported ensured that the trends are able to recover. The company also secured strong platform-led client wins in the recent quarter, including full-platform commitments. The long body bullish candle seen on Monday augurs well for the prices. This has led to an improvement in the sentiment. With prices holding firm we can consider going long. Key metrics: P/E: 95.10 | 52-week high: ₹2,190 | Volume: 1.66M. Technical analysis: Support at ₹1,450, resistance at ₹2,150. Risk factors: Market volatility, cyberattacks, and regulatory headwinds. Buy at: CMP and dips to ₹1,780 Target price: ₹1,975-2,050 in 1 month Stop loss: ₹1,760 Also Read: Can this small-cap auto ancillary firm's premium pivot deliver big gains? Why it's recommended: SOMANYCERA's move over the last few days shows that after some muted Q4 numbers, a considerable jump indicates that the trends after being under pressure are now recovering. However, with the nature of the prices seen in the last few days, we can comprehend that the newsflow has already been priced in. The volatile moves seen in the last 3 months are now seen giving up, indicating a possibility of some upward bounce as a rounding pattern is seen forming with volumes. Can look to go long. Key metrics: P/E: 28.31 | 52-week high: ₹872.60 | Volume: 164.02K Technical analysis: Support at ₹477, resistance at ₹685 Risk factors: Geopolitical uncertainties, market trends Buy at: CMP and dips to ₹542 Target price: ₹640-655 in 1 month Stop loss: ₹535 Also Read: Five undervalued power stocks worth adding to your watchlist Why it's recommended: The counter has been steadily moving higher, forming higher highs and higher lows, holding the TS & KS Bands for the past few days. After a brief decline, the stock managed to gather support within the bands to produce a turnaround. After the recent test of the TS & KS Bands, a strong closing on Friday, we can look at some positive vibes to emerge. Key metrics: P/E: 19.29 | 52-week high: ₹256.99 | Volume: 1.51M. Technical analysis: Support at ₹225, resistance at ₹295. Risk factors: Fluctuating demand from domestic tractor segment, which is experiencing pressure due to various factors. Buy at: above ₹261 and dips to ₹248 Target price: ₹279-288 in 1 month Stop loss: ₹243 Here are two stocks to trade today, as recommended by Trade Brains Portal It is well-established in the international market and offers a wide range of products. Well-known brands like Pulsar, KTM, Triumph, Chetak, Dominar, and Avenger are among them. In terms of volume, it ranks second in the domestic motorcycle market and is the biggest exporter of 2Ws from India. With a presence in more than 70 countries, it had a 46.3% market share in the export market and an 18.2% market share in motorcycle sales in India in FY24. Due to high sales of both vehicles and replacement parts, the company's revenue surpassed ₹50,000 for the first time in FY25. The reported income from operations increased by 13.65% from ₹44,870 crore in FY24 to ₹50,995 crore in FY25. With a robust domestic performance in H1 and a comparatively weak H2 that was more than offset by the strong export comeback, volumes increased 7% year over year, demonstrating the adaptability of the company's business strategy to shifting market conditions. In the fourth quarter of FY25, the company sold 943,563 two-wheelers and 159,371 commercial vehicles. In May 2025, there were 332,370 2-wheeler sales and 52,251 commercial vehicle sales; hence, the total sales volume grew by 8% YoY in May. In the upcoming years, the company anticipates the export business unit to increase by at least 20% annually. The company is expected to spend ₹6-7 billion on capital expenditures in FY25-FY26, mostly for maintenance activities, and has committed to delivering ₹1,000 crore of capital expenditures under the PLI plan over a 5-year horizon. They were permitted to increase their export capacity to 50,000 units or more annually by Q4 FY26 for their Dominar brand, which has surpassed several well-known European brands in the personal segment. The business has approved a capital infusion of about ₹2,300 crore into Bajaj Auto Credit Limited, of which ₹955 crore has already been invested. By the end of the next year, it hopes to have invested ₹1,400 crore. This partnership will help the company to overcome the high dependence on the cyclical domestic tractor market. Strong parentage helped the company to increase operational efficiency and capacity expansion, and 70% of exports come from the Kubota network. The company has a market share of 11.8% in the domestic tractor industry. As of March 2025, the agri machinery segment contributes 83% of the total revenue, whereas construction equipment contributes 17%. As of FY25, revenue from operations stood at ₹10,243.9 crore, up by 4.5% as of FY25. EBITDA stood at ₹1,165.3 crore, up by 3% YoY, with a stable EBITDA margin of 11.4% as of FY25. The company saw a jump of 36.6% YoY in tractor volume in exports, compared to industry growth of 4%, as of Q4FY25. Tractor volumes stood at 1,15,554 units as of FY25, up by 1% YoY. The company sold its railway business to Sona BLW Precision Forgings Limited at a lump-sum cash consideration of ₹1,600 crore on 23 October 2024. The company is planning to invest ₹4,500-5,000 crores over the next 3-4 years for setting up a greenfield plant. The greenfield plant will enable the company to integrate various manufacturing processes, leading to an increase in capacity across different verticals for tractor manufacturing, CE manufacturing, spare parts manufacturing, and a dedicated line for manufacturing engines for Kubota. Management expects the tractor industry to grow continuously due to various reasons, like favorable macroeconomic conditions such as a good rabi harvest, better crop prices, and more than average rainfall in 2025, and a sufficient water level in the reservoir. Two stock recommendations by MarketSmith India Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. MarketSmith India is a stock research platform and advisory service focused on the Indian stock market. Trade name: William O'Neil India Pvt. Ltd; Sebi Registration No.: INH000015543 Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Observer
5 days ago
- Science
- Observer
Oman initiates protection of humpback whales
Muscat, June 15 In a rare convergence of international scientists, environmental leaders and policymakers, Oman played host last week to a groundbreaking workshop focused on protecting one of the world's most endangered and isolated whale populations — the Arabian Sea humpback whale. The workshop was considered the start of efforts to develop a Conservation Management Plan (CMP) for the population, which is isolated to the Arabian Sea and listed as Endangered under the IUCN Red list of Threatened Species. The workshop facilitated regional collaboration, particularly between Oman and India, guiding the convergence of national conservation efforts into a regional framework. This process is supported by the International Whaling Commission (IWC) in conjunction with the Convention on Migratory Species (CMS), platforms with a conservation agenda that will allow the plan to be adopted by all range states boarding the Arabian Sea. 'The scientific community has built a strong foundation of knowledge over the past 25 years,' said Suaad al Harthy of the Environment Society of Oman. 'The CMP efforts now support the aspirations for development of government policy and regional collaboration.' During the workshop participants also examined past and ongoing threat mitigation strategies and reflected on international legal instruments and regional initiatives that could support the CMP's development. A special focus was placed on Masirah, which is internationally recognised as an 'Important Marine Mammal Area' and home to what is considered to be the most important Arabian Sea humpback whale habitat in Oman. The three-day gathering has resulted in a shared vision for marine mammal protection in the region. Stakeholders aim to engage more actively in marine mammal monitoring and conservation and draft a non-binding CMP agreement between Oman and India that paves the way for a wider regional CMP under the auspices of the IWC and CMS. 'Scientific teams from around the region have been identifying threats and advocating for protection of this population as a matter of urgency' commented Dr Andrew Willson from Future Seas. 'The threats from human activities throughout this population's range are rapidly accelerating and the whales are faced with the cumulative impacts of multiple stressors." Collaboration between scientists, government and industry is the only way to tackle these multiple threats. The interest shown by the shipping industry to support the management plan is truly encouraging and demonstrates concern and willingness of industry to navigate carefully through sensitive areas'. This sentiment was best captured by Captain Wolfram Guntermann, representing the World Shipping Council, who very simply stated, 'The life of an endangered whale is priceless'.
New Indian Express
7 days ago
- Business
- New Indian Express
Metro rail will transform Vijaywada: NTR District Collector Lakshmisha
VIJAYAWADA: The Vijayawada Metro Rail project, spanning two corridors and covering a total of 38.40 kilometers with 33 stations, is set to significantly enhance urban mobility in the city, said NTR District Collector G Lakshmisha. The first phase includes Corridor 1A (Gannavaram to PNBS, 22 km) and Corridor 1B (PNBS to Penamaluru, 11 km), with land acquisition processes underway as per regulations. Lakshmisha, along with Krishna District Collector DK Balaji, NTR Joint Collector S Ilakkiya, VMC Commissioner Dhyan Chand HM, and APMRCL Deputy CGM P Ranga Rao, reviewed the Comprehensive Mobility Plan (CMP) and Metro Rail project at a meeting held at the Collectorate on Friday. Highlighting Vijayawada's strategic role as the gateway to the new capital Amaravati, the Collector stressed the importance of aligning transport infrastructure with future population needs. He noted that the CMP formulation is nearing completion and emphasised the importance of stakeholder input from departments such as National Highways, Roads & Buildings, Police, RTC, Airport Authority, and Municipal Corporation. Krishna Collector DK Balaji assured full cooperation for the Metro project within Krishna district boundaries. Airport Director MLK Reddy and DCP M Krishnamurthy also participated. During the meeting, Ankush Malhotra from Systra MVA Consulting (India) Pvt. Ltd. presented the draft CMP. He said the final plan will incorporate stakeholder suggestions and address the city's transport needs for the next 25 to 30 years. The draft CMP is based on extensive surveys, including traffic and household studies, and considers geographic conditions, transport infrastructure, vehicle registration trends, and road safety. It aims to provide a roadmap for a robust and efficient urban transport system to support the city's growth.
Int'l Business Times
14-06-2025
- Business
- Int'l Business Times
$1450 a Week for This? Sydney Rental Sparks Outrage Amid Cost-of-Living Crunch
Two Sydney-based real estate agents are under scrutiny after going viral on social media. The duo filmed a video celebrating the lease of a property that costs $1450 a week. The video shows Natasha Pincevic and Jazmin Refik, both of whom work at CMP Real Estate. They work as a property manager and property associate, respectively. The property is located in Leppington, 53 kilometres southeast from Sydney's CBD. It has six bedrooms, five bathrooms, and three ensuites on a 450-square-metre block. Notably, this issue was put into light just days after the average home price in Australia was revealed. It has officially surpassed the $1-million mark, reaching approximately $1,002,500. Quick Summary of the Issue The property in Leppington leased for $1450 This story began in an earlier video with over 180,000 views on social media. It featured the agents asking 'Would you pay $1450 per week for this?' Commenters noted that it was too high. Notable remarks were that 'it doesn't even have a pool,' and '1450 in the middle of nowhere, lol.' The most recent video from the agents intended to clap back at their critics who had issues with rent pricing. However, it backfired and appeared tone deaf relative to cost-of-living concerns. It was captioned 'keep doubting us' with a shushing emoji. It shows Ms. Pincevic asking how Ms. Refik managed to lease it considering its weekly $1450 price. 'The one with no pool. Is in the middle of nowhere,' said Pincevic. Ms. Refik added 'And a job site next door,' pointing out a nearby construction area. While the tandem intended to clap back at critics who deemed prices too high, it backfired and appeared tone deaf to the existing cost-of-living crisis. The two high-five before Pincevic references the children's classic Bananas in Pyjamas. 'Well done, B2,' with Refik replying 'See you in the next one, B1.' Video Backlash Since being posted last Tuesday on the 10th, the new video has drawn a ton of negative comments. 'You basically just told everyone, we're here to rip everyone off,' one commenter said. 'Are we proud of these ridiculous prices? Have some mercy people, seriously,' said another. Others were poking fun at the video's caption, saying 'Keep doubting us? No one doubts that you can lease a property in a housing crisis.' Interestingly, some viewers came to the defence of the duo citing market realities. 'Not the agents' fault. It's the market price, supply, and demand decides the price,' one person said. 'Dual income family, $1450 is affordable,' another added. The Agency's Response CMP Real Estate addressed this by talking to Daily Mail Australia. They said that their video was meant as a tongue-in-cheek response for online critics. Their advertisements for rental property were being made fun of and the follow-up clip was taken out of context. CMP Founder Christina Pincevic also weighed in, who has been in the real estate industry for 11 years. She said that the rental price in the video reflects current market conditions. 'We've leased homes of similar size for over $2000 before,' she said. To add, she also cited infrastructure developments like the Western Sydney Airport and the Metro line. These are a couple of the factors behind rising property values in the area. Originally published on IBTimes UK
