Transport Corporation

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Last Updated: Just Now

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Markets, IPOs & Wealth Just now (08:43 PM IST)

Transport Corp Approves Rs 150 Crore Buyback at 11% Premium, Signals China Push

Transport Corporation’s board has approved a Rs 150 crore share buyback, offering to repurchase 15.62 lakh equity shares at an 11% premium to the prevailing price. The company is pairing the capital return move with plans to establish a new subsidiary in China, underscoring a dual strategy of shareholder support and international logistics expansion.

By RDU Global Wire5 min read

Markets, IPOs & WealthJust now (06:17 PM IST)

Transport Corp board approves Rs 150 crore buyback at 11% premium, pairs move with China expansion

Transport Corporation’s board has approved a Rs 150 crore share buyback, offering to repurchase 15.62 lakh equity shares at an 11% premium to the prevailing market price. The company is simultaneously moving to establish a subsidiary in China, signalling a dual strategy of capital return and international logistics expansion. The buyback is designed to support shareholder value and may also reflect management’s confidence in the company’s balance sheet and cash generation. The China subsidiary, meanwhile, points to a broader push into major trade corridors as Indian logistics firms seek deeper exposure to cross-border supply chains.

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National Governance & Policy09 Oct 2026, 09:43 PM IST

Telangana RTC Union Poll Results Due on October 17 as Merger Demand Stays Central

The Telangana State Road Transport Corporation’s union election results are scheduled for October 17, setting up a closely watched test of worker sentiment in one of the state’s most politically sensitive public transport institutions. Union leaders say their core demands remain unchanged, led by the long-standing call to merge the transport behemoth with the Telangana government.

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National Governance & Policy09 Oct 2026, 01:38 PM IST

APSRTC Driver Suffers Fatal Heart Attack, Safely Halts Bus Carrying 40 Passengers Near Tuni

A 34-year-old Andhra Pradesh State Road Transport Corporation driver died of a suspected heart attack after bringing a Kakinada-to-Visakhapatnam bus to a safe stop near Tuni, preventing what could have been a major road disaster. The driver, identified as the sole person at the wheel, managed to park the vehicle before collapsing, ensuring the safety of all 40 passengers on board.

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National Governance & PolicyJust now (01:42 AM IST)

Hyderabad Metro and Telangana RTC to Launch Common Travel Pass on October 2

Hyderabad’s urban transport network is set for a significant integration push as the Metro Rail and Telangana State Road Transport Corporation prepare to launch a common travel pass on October 2. The move is designed to make intermodal commuting easier, reduce friction for daily passengers, and strengthen the case for public transport in a rapidly expanding metropolitan region.

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National Governance & PolicyJust now (08:08 PM IST)

Hyderabad Metro and Telangana RTC to Launch Common Pass on October 2

Hyderabad’s urban transport network is set for a significant integration push as the Metro Rail and Telangana State Road Transport Corporation prepare to launch a common travel pass on October 2. The move is designed to simplify multimodal commuting, reduce friction for passengers, and strengthen last-mile connectivity across the city’s rapidly expanding transport corridors.

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India Entertainment & Culture19 Oct 2026, 08:00 AM IST

How 'Cyberpunk 2077' Turned Dystopia Into a Mirror of the Present

Four decades after William Gibson’s 'Neuromancer' imagined a world where capital colonised every frontier, cyberpunk has moved from speculative fiction into the language of the present. 'Cyberpunk 2077' stands as one of the genre’s most visible cultural artefacts, reflecting a hypercapitalist order in which surveillance, inequality and corporate power feel less futuristic than familiar.

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Global Markets & Equities16 Oct 2026, 12:33 PM IST

Penske Automotive Agrees to $16.3 Billion Buyout in Major Private-Equity Style Take-Private Deal

Penske Automotive Group has agreed to be taken private in a transaction valuing the U.S. auto retailer at about $16.3 billion, marking one of the largest corporate buyouts in the sector this year. The deal, involving Roger Penske’s Penske Corporation and Japan’s Mitsui & Co., underscores continued investor appetite for stable, cash-generating automotive retail assets despite a volatile global market backdrop.

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Co-Occurring Entities

Entities frequently referenced alongside Transport Corporation:

New Delhi(2)India(2)China(2)Unimech Aerospace(1)Sudhanshu Trivedi(1)Sigma Advanced Systems(1)