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The private developer, founded by Joe Russo, is likely to go into liquidation next week after receivers appointed by its largest creditor hand over the remains to other creditors. ....
Daimler delivers 25 new buses to Bengaluru-based Sree Travels February 24, 2021 Karl-Alexander Seidel× Truck and bus maker Daimler India Commercial Vehicles has announced the delivery of 25 BharatBenz buses (1014) to Bengaluru-based Sree Travels, a leading tour and travel operator. The delivery marks the first major staff segment bus order for BharatBenz’s 49 seater (3X2) bus in the post-Covid-19 period and also signals gradual revival in the bus market. “This order demonstrates the customer’s faith in us and points to a recovery in the transport segment. Our BS VI bus portfolio has enjoyed strong acceptance since launch with state-of-the-art features and BusConnect telematics that improve fleet efficiency. The buses have been specifically designed for the comfort, safety and convenience of passengers,” Karl-Alexander Seidel, CEO & Head of Daimler Buses India, said in a statement. ....