India News Updates

GovernmentBusiness

Indiana’s DOT Reviewing Grant Applications for Local Roads, Bridges

Indiana’s Department of Transportation announced Aug. 2 that it has received 1,592 applications for 50/50 matching grants from 325 communities seeking funds for local road and bridge improvement projects.

August 2, 2016
GovernmentBusiness

Did Indiana Spend $71 Million on Defective Asphalt?

Indiana roads are crumbling prematurely, and lawmakers want to know if the state bought $71 million in defective asphalt.

September 23, 2015
BusinessGovernment

Vital I-65 Indiana Trucking Corridor Closed Till Mid-September

The Indiana Department of Transportation estimates it will be mid-September before a 50-mile northbound section of I-65 between Lebanon and Lafayette, Indiana, is reopened.

August 18, 2015
BusinessGovernment

HIV Cases Along I-65 in Indiana Have Slowed Dramatically, Officials Say

The rate of new HIV cases in southern Indiana has slowed, permitting state health officials to move into a prevention phase.

May 21, 2015
BusinessGovernment

Indiana Toll Road Seeks Bankruptcy as Traffic Declines

The operator of the Indiana Toll Road, owned by affiliates of Macquarie Group Ltd. and Ferrovial SA, sought bankruptcy protection with a creditor-supported restructuring plan after dwindling traffic soured a $3.8 billion bet on a 75-year lease.

September 22, 2014
GovernmentBusiness

Indiana Gov. Names Panel to Prioritize Transportation Projects

Indiana Gov. Mike Pence (R) has named the members of a state panel to prioritize transportation projects over the coming decade now that projects paid for by the lease of the Indiana Toll Road are nearly completed.

October 29, 2013
BusinessGovernment

Daimler Bets Big on India’s Booming Truck, Bus Market

CHENNAI, India — The world’s largest commercial vehicle maker, Daimler AG, is making one of its biggest-ever bets by pouring $850 million into production and sales operations here, in what is now the world’s fastest-growing market for trucks and buses.

May 14, 2012
Government

Daimler Set to Begin Indian Truck Production This Year

Daimler AG plans to start production at a truck plant in south India by the third quarter of this year, the head of its Indian commercial truck unit said Wednesday.

January 4, 2012