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Kerala Mono Rail Corporation
Kerala Rapid Transit Corporation Limited, abbreviated to KRTCL, is a special purpose vehicle (SPV) formed to implement light metro projects in Kerala. Kerala has light metro systems planned for the cities of Kozhikode and Thiruvananthapuram. The SPV is fully owned by the State Government and the Chief Minister is the Chairman of the company. The head office of KRTCL is at Thiruvananthapuram, with branches at Kozhikode and Thiruvananthapuram. Earlier it was Kerala Monorail Corporation Ltd. Since monorail was not financially viable, DMRC proposed light metro. The chief minister, Pinarayi Vijayan, is the chairman of the board and Public Works Minister P. A. Mohammed Riyas is vice chairman. The other board members are Ministers KN Balagopal, Antony Raju, P Rajeev, K Rajan as well as officials of Public Works and Transport departments. History Administrative sanction was given in October 2012 to begin monorail projects in Kozhikode and Thiruvananthapuram. KMCL was given control of ...
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State Owned
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ...
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Pinarayi Vijayan
Pinarayi Vijayan (; born 24 May 1945) is an Indian Communist politician who is the current Chief Minister of Kerala, serving since 25 May 2016. A member of the Politburo of the Communist Party of India (Marxist), he is the longest-serving secretary of the Kerala State Committee of the CPI(M) (1998–2015). He also served in the government of Kerala as Minister of Electric Power and Co-operatives from 1996 to 1998. Vijayan won a seat in the May 2016 Kerala Legislative Assembly election as the CPI(M) candidate for Dharmadom constituency and was selected as the leader of the Left Democratic Front (LDF) and became the 12th Chief Minister of Kerala. He is the first chief minister from Kerala to be re-elected after completing a full term (five years) in office. Personal life and education Vijayan was born on 24 May 1945 in Pinarayi, Kannur, Kerala, as the youngest son of Koran and Kalyani. He had 14 siblings of whom only three survived. After graduating from school, he worked as ...
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Rail Transport In Kerala
Rail or rails may refer to: Rail transport *Rail transport and related matters *Rail (rail transport) or railway lines, the running surface of a railway Arts and media Film * ''Rails'' (film), a 1929 Italian film by Mario Camerini * ''Rail'' (1967 film), a film by Geoffrey Jones for British Transport Films *'' Mirattu'' or ''Rail'', a Tamil-language film and its Telugu dub Magazines * ''Rail'' (magazine), a British rail transport periodical * ''Rails'' (magazine), a former New Zealand based rail transport periodical Other arts *The Rails, a British folk-rock band * Rail (theater) or batten, a pipe from which lighting, scenery, or curtains are hung Technology *Rails framework or Ruby on Rails, a web application framework *Rail system (firearms), a mounting system for firearm attachments *Front engine dragster *Runway alignment indicator lights, a configuration of an approach lighting system *Rule Augmented Interconnect Layout, a specification for expressing guidelines for prin ...
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Urban Rail Transit In India
Urban rail transit in India plays an important role in intracity transportation in the major cities which are highly populated. It consists of rapid transit, suburban rail, monorail and tram systems. According to a report published in 2021, a total of 2.63 billion people travelled annually in metro systems across India's fifteen major cities, placing the country as one of the busiest urban rapid transit hubs in the world in terms of ridership. The combined length of of metro systems in India makes it the List of metro systems#List by country, fourth longest in operation in the world. The Ministry of Housing and Urban Affairs, Ministry of Urban Development's Urban Transport wing is the nodal division for coordination, appraisal and approval of Urban Transport matters including Metro Rail Projects at the central level. All the interventions in the urban transport by the Ministry of Urban Development are carried out as per the provisions of National Urban Transport Policy, 2006. ...
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Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, stock and currency markets, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centers, Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow Financial Times to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Times'' was purchas ...
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Registrar Of Companies
A company register is a register of organizations in the jurisdiction they operate under. A statistical business register has a different purpose than a company register. While a commercial/trade register serves a purpose of protection, accountability and control, a statistical register plays a central part in a system of official economic statistics at a national statistics office. Company registers by country Each country's company register has different registrar types, contents, purpose, and public availability. Botswana Companies and Intellectual Property Authority is responsible for registering companies in Botswana. Canada The Director General of Corporations Canada is responsible for federally-incorporated corporations. Each province has a registrar who is responsible for provincially-incorporated corporations. Czech Republic You can apply for the company's entry into the Commercial Register kept by an applicable court. Business companies that have their reg ...
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The Hindu
''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It began as a weekly in 1878 and became a daily in 1889. It is one of the Indian newspapers of record and the second most circulated English-language newspaper in India, after '' The Times of India''. , ''The Hindu'' is published from 21 locations across 11 states of India. ''The Hindu'' has been a family-owned newspaper since 1905, when it was purchased by S. Kasturi Ranga Iyengar from the original founders. It is now jointly owned by Iyengar's descendants, referred to as the "Kasturi family", who serve as the directors of the holding company. The current chairperson of the group is Malini Parthasarathy, a great-granddaughter of Iyengar. Except for a period of about two years, when S. Varadarajan held the editorship of the newspaper, the editorial positions of the paper were always held by members of the family or held under their direction. Histo ...
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Kozhikode Monorail
Kozhikode Metro is a proposed Light Rapid Transit ( LRT) system for the city of Kozhikode (Calicut), in India. In 2010, the State government explored the possibility of implementing a metro rail project for Kozhikode city and its suburbs. The proposal was to have a corridor connecting Meenchanda to the Kozhikode Medical College Hospital through the heart of the city. An inception report was submitted by a Bangalore-based consultant, Wilber Smith, on the detailed feasibility study on the prospect of implementing the Mass Rapid Transport System (MRTS) and Light Rail Transit System (LRTS) in the city. However, the project has been scrapped to be replaced by Kozhikode Monorail project. The State Cabinet then decided to form a special purpose vehicle (SPV) to implement monorail projects in Kozhikode and Thiruvananthapuram, and administrative sanction was given in October 2012. The state government issued orders entrusting the Thiruvananthapuram Monorail project to the KMCL on 26 No ...
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Thiruvananthapuram Monorail
Thiruvananthapuram Metro is a proposed rapid transit system in the city of Thiruvananthapuram, the capital of the Indian state of Kerala. History Thiruvananthapuram's first attempt to build a rapid transit system for the city failed, when its proposal to build a metro rail system was rejected by the Delhi Metro Rail Corporation (DMRC) in the 2000s. The Government of Kerala, then entrusted the National Transportation Planning and Research Centre (NATPAC), an autonomous research body under the State Government, to conduct the feasibility study of the proposal to build a monorail system in Thiruvananthapuram. The feasibility study was conducted by a core team comprising five scientists of NATPAC and various survey teams. Topographic studies, identification of stations and surveys were the main components of the study. The state government had initially asked the state transport department to prepare a detailed project report (DPR). However, the DMRC was later entrusted with the t ...
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The Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian " newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. Reuters rated ''TOI'' as India's most trus ...
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Light Metro
A medium-capacity system (MCS), also known as light rapid transit or light metro, is a rail transport system with a capacity greater than light rail, but less than typical heavy-rail rapid transit. MCS’s trains are usually 1-4 cars, or 1 light rail vehicle (LRV). Most medium-capacity rail systems are automated or use light rail type vehicles. Light rail is considered high capacity as trains use 2-4 LRVs. Since ridership determines the scale of a rapid transit system, statistical modeling allows planners to size the rail system for the needs of the area. When the predicted ridership falls between the service requirements of a light rail and heavy rail or metro system, an MCS project is indicated. An MCS may also result when a rapid transit service fails to achieve the requisite ridership due to network inadequacies (e.g. single-tracking) or changing demographics. In contrast with most light rail systems, an MCS usually runs on a fully grade separated exclusive right-of-way. I ...
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Special Purpose Vehicle
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, th ...
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