MMRDA’s decision comes 4 days after SC asked it if it was willing to retender the projects, failing which the apex court might have to freeze the whole tender process.
As demand for construction, engineering, and real estate projects increases, companies with large government contracts and efficient execution capabilities are expected to see an upward trend in their stock prices.
The work, which is expected to take 12 months, will likely throw traffic out of gear on the congested stretch. Traffic department permission is awaited.
BMC is now building the Coastal Road's north leg & Goregaon-Mulund Link Road, among others. The budget also focussed on education & proposed a 'Mumbai Eye', on the lines of 'London Eye'.
Survey mentions ‘binding budget constraints’, highlights need to ensure higher private participation in infrastructure and coordinated action from all stakeholders involved.
In Episode 1591 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at the decades of delays, cost overruns, and governance hurdles that have plagued the project.
Maldivian minister’s India visit seen as a thawing of relations that became strained after Mohamed Muizzu assumed presidency end-2023, winning on basis of an ‘India Out’ campaign.
These projects include Navi Mumbai airport, Thane creek bridge & 2nd phase of Colaba-Bandra-Seepz Metro, among others. Most of these projects were originally conceived over 10 yrs ago.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
A difference of 3,100 crores is very large in relation to a tender value of 14,000 crores. L & T, a world class firm, would also be making a profit on its bid.
A difference of 3,100 crores is very large in relation to a tender value of 14,000 crores. L & T, a world class firm, would also be making a profit on its bid.