Engro, Liberty join hands with PBIT

KARACHI: Engro Corporation and its power-sector partner Liberty Mills Ltd have signed a memorandum of understanding with the Punjab Board of Investments and Trade (PBIT).

Under the MoU, these organisations will jointly work towards providing solutions and develop water infrastructure projects across the country, said a press release.

Richard Branson’s Hyperloop plan for India

MUMBAI: Virgin Hyperloop One, the futuristic transport startup backed by British tycoon Richard Branson, has announced plans for a superfast rail network linking India’s financial capital Mumbai to the city of Pune.

The proposed hyperloop – which aims to deliver transport at near-supersonic speeds in sealed tubes – would reduce travel time between the Indian cities from 3 hours to around 25 minutes, the company said.

Published in Dawn, February 20th, 2018