UltraTech Cement, an Aditya Birla group company, has become the world's largest cement producer outside China, surpassing 200 million tonnes per annum (mtpa) of installed capacity in India. The company plans to invest Rs 16,000 crore to reach a target capacity of 240 mtpa by the financial year 2027-28.
Deepika Padukone has raised concerns about the deteriorating air quality in Mumbai, India, highlighting the impact on residents, especially children. Her comments come amid growing concerns about pollution levels in the city, which have worsened in recent years due to construction, vehicular emissions, and industrial pollution.
A policeman in Erode, Tamil Nadu, has been transferred to the Armed Reserve after a video surfaced showing him verbally abusing and allegedly slapping a migrant worker at a roadside eatery. The incident, captured on CCTV, sparked outrage and prompted swift action from authorities.
Talking to reporters after paying a 'courtesy call' on Chief Minister M Karunanidhi at the latter's Gopalapuram residence in Chennai, he said the Centre would fund the project in Tamil Nadu on the lines of the financial assistance extended to the metro rail projects in Bangalore and Hyderabad.
Last week, central urban development secretary Sudhir Krishna directed the state government to prepare and submit DPR for necessary clearance and provision for funding.
Noting that an efficient transport system was 'critical' for orderly growth of cities, Prime Minister Manmohan Singh on Thursday said the government has decided to support preparation of Detailed Project Reports (DPR) for Metro rail in all 19 cities with a population of over two million.
The project called 'DLF MetroRail, Gurgaon' has been bagged on concession by the consortium for a period of 99 years to build and operate the metro system. The consortium, where DLF would have a 26 per cent stake while IL&FS would hold the rest, would invest invest Rs 900 crore (Rs 9 billion) in developing the project.
'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'
The metro, it seems, is politics-proof -- even if it comes at a high cost.
The Supreme Court of India has directed the tree authority of the Brihanmumbai Municipal Corporation to halt any further tree felling in Mumbai's Aarey colony without its permission. The order comes after the Mumbai Metro Rail Corporation Limited (MMRCL) informed the court that there were no pending proposals to cut more trees in the area. The court has previously permitted the felling of a limited number of trees for a metro rail project, but has also imposed penalties on the MMRCL for exceeding its permitted limits.
Clarifies over the raging media controversy over its intent to exit
The funding for Metro Railway projects will be hiked by 5 per cent.The Kolkata Metro will be extended inside the city.
Here's your ultimate concert guide to the Music of the Spheres World Tour at Ahmedabad's Narendra Modi Stadium on January 25 and 26.
Your daily ride to work is not going to be that easy. An analysis of the progress of top metro projects across India suggests that apart from the Delhi and Jaipur Metro and Chennai Monorail, the remaining projects are still in the planning stages.
Government announcements for the building of new roads, railways, and other capital expenditure (capex) projects may have hit an all-time low, according to numbers for the December quarter.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.
He also said that infrastructure development in the country in the last eight years has been done with a human touch.
'In the larger cities, we can see that 12%-20% of the population making use of the metros. I don't think it is happening in the smaller cities.'
Cities with a population of 20 lakh or more are being considered for modern mass rapid metro rail and feasibility studies have been ordered in this regard.
Prime Minister Narendra Modi on Friday flagged off the Gandhinagar-Mumbai Vande Bharat Express semi-high speed train.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
The Andhra Pradesh Cabinet has approved a bill to implement Rs 9,696 crore Hyderabad Metro Rail Project which is expected to be completed by 2011.
This is the second project in the country in which a metro rail project is being undertaken through a PPP model after the 71-kilometre Hyderabad metro project was won by Maytas Infrastructure. According to industry sources, infrastructure major Larsen & Toubro had also initially shown interest for the project, but backed out finally.
SC agreed that if they were forced to seek clearances from the ministry of environment and forest, their projects will get delayed
However, Gowda sought to advocate that ELRTS would be ideal for the city to decongest the traffic, as it covers 99 kms stretch against just 33 kms by Metro rail. \n
Amid a buzz that Bihar Chief Minister Nitish Kumar may emerge as the opposition's prime ministerial candidate, his party Janata Dal-United said on Friday if other parties want so, then this is an option.
The prime minister took a ride in the metro train between Zero Mile Freedom Park and Khapri stations with some students. Before boarding the train, he visited an exhibition on the project at the Zero Mile station.
The first metro train that was rolled out from Korea to Hyderabad recently will be put on tracks for test and trials in the next couple of days.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
The privately-run 5.1-km Gurgaon rapid Metro rail project is recording a low ridership of only about 37,500 a day, compared with the initial projection of 90,000-200,000.
Thackeray inaugurated Lines 2-A and 7 of Mumbai Metro, which connect the western suburbs of Andheri and Dahisar.
Whatever be the political coalition that comes to power at the Centre after May 16, the new government will have five ongoing projects to kick-start a sluggish economy.
Many big countries are facing difficulties in doing so for their citizens, Modi said.
Bharat Earth Movers Ltd and Konkan Railway Corporation Ltd signed a pact to manufacture sky-buses for the metro rail project in Goa.
Alleging that there has been an enormous cost escalation in the Mumbai Metro Rail project, Bharatiya Janata Party (BJP) has demanded that Maharashtra government should conduct a special audit to find out the `real cost'.
Reliance Infrastructure said it plans to commission the Mumbai Metro rail project this year.