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    13-Year-old Raji Doshi named America’s Top Young Scientist for inventing an algae-aragonite alkalinity system to reduce CO2-driven ocean acidification

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    The facility was inaugurated by Chief Guest Dr. Sridhar Vembu, Chief Scientist & Co-Founder, Zoho Corp, and Guest of Honour Dr. Marcus Rommel, CTO, ConScience, in the presence of Dr. Sharath K. Rao, Vice Chancellor, MAHE; Lieutenant General (Dr.) M. D. Venkatesh, VSM (Retd.), 7th Vice Chancellor, MAHE and Advisor to MEMG; Prof. (Dr.) Madhu Veeraraghavan, Pro Vice Chancellor, MAHE Bengaluru; Dr. Karunakar A. Kotegar, Pro Vice Chancellor, Technology & Science, MAHE; Dr. Raghavendra Prabhu, Additional Registrar, MAHE Bengaluru; Prof. Iven Jose, Director, MIT Bengaluru; and Mr. Vishal Chatrath, Co-Founder & CEO, QuantrolOX.PHOTO CREDIT-MIT

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    Fairfax Outlines ‘One-Stop’ Financial Vision for India with ₹528B IDBI Bank Acquisition

    PHOTO CREDIT -IBM

    IBM and Siemens Collaborate on Research to Advance Nanostack Architecture

    Raji-Doshi-YSC-winner8th grader Raji Doshi is the winner of the 2026 3M Young Scientist Challenge, the nation’s premier middle school science competition. She won by engineering a natural algae-and-aragonite system, an inventive solution to address ocean acidification by increasing alkalinity and removing carbon dioxide from seawater.PHOTO CREDIT -3M & DISCOVERY EDUCATION

    13-Year-old Raji Doshi named America’s Top Young Scientist for inventing an algae-aragonite alkalinity system to reduce CO2-driven ocean acidification

    Blackstone Credit & Insurance Leads $1 Billion Financing to Support Combination of Analogic Corporation and Leidos’ Security Enterprise Solutions Businesses

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    TTD Clarifies Operational Status of Tirupati Manufacturing Unit Amid Social Media Rumours

    PHOTO CREDIT-HSBC

    HSBC India commits INR 200 crore to advance financial literacy.

    PHOTO CREDIT-The Foundery ,The Foundery Opens Cohort 2

    The Foundery Opens Cohort 2: The Search for India’s Next Generation of Entrepreneurs Begins

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  • Business

    Fairfax Outlines ‘One-Stop’ Financial Vision for India with ₹528B IDBI Bank Acquisition

    Tech Mahindra Q2 FY27 EBIT rises to ₹2,387 crores, up 40.5% YoY; Board recommends Bonus Share Issue in the ratio of 1:1; New deal-wins at USD 1,023 Mn, up 25.4% YoY

    Wipro Navigates Muted IT Demand; Large Deal Wins Hit Multi-Quarter Low at $674M

  • Health
    L To R
•Dr.Ilankumaran Kaliamoorthy,Chief Executive Officer,Apollo Hospitals,Chennai region.
Dr. Neville A.G. Solomon – Director – Paediatric Cardiothoracic Services, Apollo Children’s Hospitals
* Dr. C.S. Muthukumanaran – Senior Consultant & Head, Paediatric Cardiology, Apollo Children’s Hospitals
*
* Dr.Sushila Narayanasamy,Unit Head,Apollo Women’s and Children’s Hospitals,Chennai

    Apollo Children’s Hospitals Secures Global First with 50 Percutaneous Fontan Procedures in Chennai

    The Business of Preventive Care: Ramaiah Memorial Hospital Unveils ‘Don’t Miss A Beat’ Multichannel Wellness Initiative.

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    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

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  • Technology
    • All
    • Environment
    • Science

    Karnataka and North East England Eye Strategic Tech Corridor for Space and AI Collaboration.

    The facility was inaugurated by Chief Guest Dr. Sridhar Vembu, Chief Scientist & Co-Founder, Zoho Corp, and Guest of Honour Dr. Marcus Rommel, CTO, ConScience, in the presence of Dr. Sharath K. Rao, Vice Chancellor, MAHE; Lieutenant General (Dr.) M. D. Venkatesh, VSM (Retd.), 7th Vice Chancellor, MAHE and Advisor to MEMG; Prof. (Dr.) Madhu Veeraraghavan, Pro Vice Chancellor, MAHE Bengaluru; Dr. Karunakar A. Kotegar, Pro Vice Chancellor, Technology & Science, MAHE; Dr. Raghavendra Prabhu, Additional Registrar, MAHE Bengaluru; Prof. Iven Jose, Director, MIT Bengaluru; and Mr. Vishal Chatrath, Co-Founder & CEO, QuantrolOX.PHOTO CREDIT-MIT

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  • Auto

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    Bengaluru’s Sports Economy Gains Momentum as City Prepared to Host FIBA WBL Asia 2026

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    Union Minister Dr. Mansukh Mandaviya leads youth in fitness activities, anti-drug pledge and a 5.5-km cycle rally

    Dr. Mansukh Mandaviya to Lead 94th Fit India Sunday on Cycle in Varanasi

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

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    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

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    Air India opens a new gateway to Japan with non-stop Delhi-Osaka flights starting February 2027

    Air India celebrates navratri with festive feasts in the air and on the ground

    TTD Announces October Festival Matrix; 9-Day Srivari Navaratri Brahmotsavams Start Oct 12.

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    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

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ADB-Supported Bus Rapid Transit System to Improve Transport in Karachi

FWM by FWM
July 7, 2019
in Business
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The Karachi Bus Rapid Transit Red Line Project will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

The Karachi Bus Rapid Transit Red Line Project will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

ISLAMABAD, PAKISTAN (5 July 2019) — The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features that will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

The Karachi Bus Rapid Transit Red Line Project will deliver the 26.6-kilometer (km) Bus Rapid Transit Line Red Line corridor and associated facilities benefiting as many as 1.5 million people, about 10% of Karachi’s population, who live within a kilometer of a Red Line BRT station. More than 300,000 passengers per day are expected on the Red Line BRT routes. ADB will partially administer two $100 million loans from the Asian Infrastructure Investment Bank and the Agence Française de Développement to jointly finance the project’s civil works and equipment costs.

“There is a need for a more sustainable, reliable, safe, and gender and environment-friendly transportation system in a city as dense and rapidly growing as Karachi. A sustainable transportation system will not only solve the city’s mobility issue but also its growing pollution problem,” said ADB Principal Urban Development Specialist (Transport) for Central and West Asia Mr. David Margonsztern. “The BRT system, with its innovative features, will address all these issues, improving the overall quality of lives of people in the city.”

The project will restructure the entire width of the Red Line BRT corridor, including the construction of 29 stations and dedicated lanes along the 26.6 km stretch; improvement of the mixed-traffic roadway with up to six lanes in each direction; inclusion of on-street parking and landscaped green areas in various locations; improvement of the drainage system to climate-proof the corridor; and installation of nonmotorized transport infrastructure such as bicycle lanes, improved sidewalks, and energy-efficient street lights.

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The project will also establish sustainable BRT operations in Karachi by improving the capacity of relevant transport authorities; designing the BRT business model and subsidy-free operations; implementing a bus industry transition program, including a fleet scrapping program and compensation mechanism; developing an effective public communications campaign; and delivering the BRT fleet, feeder e-vehicles, intelligent transport system, and a biogas plant.

ADB will also administer a $37.2 million loan and an $11.8 million grant from the Green Climate Fund (GCF). The GCF grant will finance climate change adaptation measures, including innovative drainage features such as bioswales (landscape elements designed to concentrate or remove debris and pollution out of surface runoff water); post-project emissions’ monitoring activities; and feeder e-vehicles. The GCF loan, meanwhile, will finance the biogas plant and the incremental cost of the transition from basic diesel bus technology to compressed natural gas hybrid bus technology, with the biomethane extracted from cattle waste.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. In 2018, it made commitments of new loans and grants amounting to $21.6 billion. Established in 1966, it is owned by 68 members—49 from the region.

Tags: Green Climate Fund (GCF).
FWM

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