The foundation stone for the prestigious Hyderabad Metro Rail Project will be laid in January 2011.
The new concessionaire will be appointed by the end of April and the groundwork for the project is expected to begin in October.
Holding that corruption has become a "way of life", senior Supreme Court judge Altamas Kabir has said "sensitivity" and values in governance are required to curb the menace. "Why are we still floundering with our values? Why is it that the people are still helpless? The answer is simple, now it (corruption) has become a way of life... it has been accepted as a way of life," Justice Kabir said.
As Hyderabad prepares the road map for its Metro rail, the city's oldest markets face survival threat.
Minister for Urban Development S.Jaipal Reddy Union on Wednesday said that the Delhi Metro is the proudest achievement of modern India. He further mentioned that the ministry has taken some important decisions relating to urban transport to help the daily commuters and ease traffic congestion.
The Karnataka government on Monday decided to launch a monorail project and unveiled plans for Metro-II to cover more areas in a bid to further decongest the city's roads.
In a snub to Chief Minister Buddhadeb Bhattacharjee, Mamata Banerjee-led Railways kept the Communist Party of India-Marxist veteran away from the ceremony attended by President Pratibha Patil to mark the start of a new Metro Rail project in Kolkata.
The first tranche of central government funding for the third phase of the Delhi Metro commuter rail project is likely to come in the coming 2011-12 Budget.
Metro projects usually require additional funding by promoters, which RInfra refuses to in this case.
The Andhra Pradesh government has scrapped its 10-month-old agreement with Maytas Infrastructure-led consortium for the implementation of the prestigious Rs 12,230-crore (Rs 122.390 billion) Hyderabad Metro Rail Project.
The trial run will commence from October and the commercial run will take place in December.
The government designated the court of First Additional District and Sessions Judge in Mahabubnagar district as special court for speedy trial of the case.
Mumbai Metro One to continue with discounted fares till Nov 30.
A full bench of the Central Information Commission will decide the tricky issue of whether the design of the pillar collapsed last year can be made public under the RTI Act or the IPR over the same allow DMRC to withhold it.
Japan on Monday committed 215 billion Yen (Rs 10,535 crore) to six infrastructure projects in India
The sixth metro station on the network became operational in April, completing the Phase I network.
The Anil Ambani group's Reliance Infrastructure and Hyderabad-based Lanco Infratech have so far purchased the Request for Qualification applications for taking up the Rs 12,132-crore (Rs 121.32 billion) Hyderabad Metro Rail project.
Accompanied by BJP national general secretary and party in-charge of poll-bound Tamil Nadu, C T Ravi, and Murugan, with his security detail in tow, the home minister warmly waved at the overjoyed supporters who had thronged the airport since the morning.
The recent accident at the Delhi Metro site in South Delhi that claimed six lives was caused by 'serious deficiency' in design and inadequate concrete strength, Lok Sabha was informed on Tuesday.
Unwilling to take chances after two mishaps in consecutive days, Delhi Metro authorities on Monday ordered a "complete re-check" of structures built in the second phase of the rail project by independent structural experts from the safety and quality angle. The Delhi Metro Rail Corporation also announced a probe into Monday's mishap during clearance of the debris that remained after an under-construction bridge collapsed in Jamrudpur in South Delhi.
A metallic structure supporting main concrete pillars at Mumbai's under-construction Metro line, in the north-western suburb of Sakinaka, collapsed on Monday night. No one was injured in the incident, which took place at 11.30 pm on Monday night, when work was going on at the construction site of the Versova-Andheri-Ghatkopar metro rail. The incident comes two days after six people were killed when an under-construction pillar collapsed at a Delhi Metro site.
The Delhi Metro chief E Sreedharan on Monday withdrew his resignation from the post, a day after he put in his papers owning moral responsibility for an accident at a construction site in which six people were killed.
The process will be initiated on July 16 and completed by November 15, according to state municipal administration minister Aanam Ramanarayana Reddy. Last week, the state government cancelled the contract awarded to Maytas Infra-led consortium after it failed to tie up funds despite a three-month extension. Maytas Infra is promoted by kin of disgraced Satyam founder B Ramalinga Raju.
The end of the train which hit the wall suffered damage and a portion of the wall collapsed, suggesting that the collision was quite intense.
Maytas Infrastructure, majority-owned by the family of scam-hit IT firm Satyam's disgraced founder B Ramalinga Raju, is believed to have proposed bringing in Reliance Infra as a partner in the prestigious Rs 12,200-crore (Rs 122 billion) metro rail project in Hyderabad.
The company had approached banks with a CDR request for about Rs 1,700 crore. However, according to company sources, the banks felt that Maytas must shed the flab, which includes dilution of stake in the Bangalore elevated tollway to raise funds before the CDR is granted. It has also been reportedly told that it should disengage from various projects which it cannot take forward.
Andhra Pradesh's Municipal Administration and Urban Development Minister Anam Ramnarayana Reddy said a meeting would be held shortly and various milestones achieved in the project ever since it was awarded to Maytas Infra would be reviewed. The concession agreement and its clauses would be reviewed at the meeting, said a senior official, adding the government was serious about the clauses and there was no question of taking a soft stance.
The ambitious project of the urban development ministry, pegged at Rs 4,676 crore, was originally scheduled to be completed in 2015. It is to be executed through a joint venture company of the central and state government. Equity participation of the state and central government will be on a 50:50 basis. But soon after taking charge of the railway ministry, Banerjee had a talk with Union Urban Development Minister S Jaipal Reddy about her apprehensions.
'Even though we are very religious and God fearing, we do not subscribe to the kind of Hindutva they practise, a very hierarchical, Brahmanical, Hindutva.'
As a fallout of the financial irregularities in Satyam Computer Services, a section of the United Progressive Alliance government is in favour of cancelling the award of the Hyderabad Metro Rail project. The project was won by the Nava Bharat-led consortium, in which Maytas Infra, a listed firm related to Satyam's promoters, is one of the partners.
It is clear that the final phase of Sreedharan's career may have to pay a lot more attention to undoing the damage caused by the accident that took place on his 77th birthday.
Special ticketing units at Kashmere Gate, Chandni Chowk.
"The Board of the company has approved a proposal to further unlock overall shareholder value by transferring its infrastructure projects to a separate 100 per cent subsidiary, subject to compliance with applicable laws," REL informed the Bombay Stock Exchange.
The company failed to achieve financial closure for the Rs 12,100-crore (Rs 121 billion) metro project in March and had sought extension of the deadline by another six months. The decision on it is pending with the state government. Doubts were also expressed about its capabilities to execute the Rs 1,650-crore (Rs 16.5 billion) Machilipatnam project.
Work on the Hyderabad metro rail will begin by May next year and some sections will be opened for traffic by March 2014. The entire project will be completed by end of 2014.
The Jamia Millia Islamia on Saturday declared vacation till January 5 and cancelled all exams in view of the tense situation in the university due to students' protest against the amended citizenship act.
The Delhi Metro Rail Corporation is set to install automatic ticket vending machines at select metro stations in the national capital. Commuters will be able to get their metro tokens from the vending machines installed at Barakambha Road, Central Secretariat and Vishwa Vidayalaya metro stations from the end of April. The DMRC has procured 16 such machines to be installed at various metro stations in the capital.
Within hours of Company Law Board orders, the government on Thursday appointed its nominees on the boards of Maytas Infra and Maytas Properties, the companies promoted by the kin of disgraced founder of the Satyam Computer Services B Ramalinga Raju.
Cracks have been noticed on two piers with cantilevers on the newly constructed Yamuna Bank- Noida Metro line during an inspection of all Metro structures, a move taken up after the July 12 mishap which claimed six lives.
Justice Rewa Khetrapal directed the company to file its response by August 20 when the matter will be taken up for further hearing.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances