Instances of looting of cash vans are on the rise. In all about 6,000 cash vans operate across the country and carry
approximately INR 15,000 crore in cash every day. Some of the companies hold cash worth approximately 4,000 crore
in their vaults overnight on behalf of the banks.
Unidentified men on Monday looted over Rs.1.34 crore from the cash van of a private bank in a village near Mohali town in Punjab.
Police officials said the robbers waylaid the Axis Bank’s cash van at Saneta village and hijacked it after over-powering the guard in broad daylight.
The van was later found abandoned at Durali village, a few kilometres away.
Senior police officers rushed to the spot. Police teams have been formed to trace the culprits.(IANS)
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World’s highest rail bridge
The world’s highest rail bridge is being constructed over river Chenab, in J&K at a cost of $92 million. When completed in 2016 the bridge will be 35 metres taller than Eiffel Tower and five times as high as Qutub Minar. The bridge is expected to be 359 metres (1,177 feet) high, taller than the world’s current tallest railway bridge over the Beipanjiang River in China’s Guizhou province (275 metres). It will be made of 25,000 tonnes of steel transported by helicopters over difficult terrain.
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