The Comptroller and Auditor General has indicted the way the DMRC is run and points to the novel 50:50 management structure that neither of the governments is in charge, so the company is pretty much run by the management, namely Sreedharan.
In what could bring some respite to Maytas Infra, which is caught in a controversy after Satyam aborted its bid to acquire it, the Andhra Pradesh government refused to see the Satyam issue as a factor that would impact the Rs 12,000-crore (Rs 120 billion) Hyderabad Metro Rail (HMR) project, which is being executed by a Maytas-led consortium.
The 11.4-km Versova-Andheri-Ghatkopar corridor is set to be operational by 2010-end. Mumbai Metro One, the special purpose vehicle formed to undertake construction, has selected CSR Nanjing Puzhen Rolling Stock Company -- a 100-year-old subsidiary of the government-owned China South Locomotive and Rolling Stock Corporation.
The planned metro rail corridor from Colaba in south Mumbai to the north western suburb of Bandra will be considered after the Indian Railways states its plan for the elevated rail corridor from Churchgate to Virar, Mumbai Metropolitan Region Development Authority Metropolitan commissioner Ratnakar Gaikwad said. MMRDA will await the feasibility study being carried out by the Railways regarding the elevated corridor before deciding the next step for the metro line, he said.
On Tuesday, the state-run Mumbai Metropolitan Region Development Authority, the planning body, indicated that it expected to award the contract before December, which would pave the way to kick start construction in the same month.
The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution
Delhi Metro will add 131 more trains, some of them with six coaches, to its fleet to cater to the additional traffic caused due to the increasing number of passengers.
MMOPL has already taken a decision to extend the fare slab of Rs 10 to Rs 40.
The Delhi Metro Rail Corporation on Wednesday hiked its minimum fare from Rs 6 to Rs 8, while the maximum will be Rs 30 instead of Rs 22.
Police said they will not allow the farmers protesting against the Centre's new farm laws to enter Delhi if they reach the borders of the national capital.
Police said the border has not been sealed but they are checking all vehicles entering the national capital.
Easing of restrictions came even as Maharashtra continues to registered a record number of new coronavirus cases with no flattening of curve in sight in the state.
Upset over removal of 'UP Rising' posters at Pravasi Bhartiya Divas in Gujarat, Uttar Pradesh government has planned to organise a Diaspora conclave of its own for the first time next month to woo investors and associate NRIs in development of the state.
Professor Avkash Jadhav, head of the history department at St Xavier's College and trustee of the city-based KAASH Foundation, said a Special Investigation Team should be set up to inspect the site where trees were cut and ascertain the actual damage done.
In the last one year, it has brought down its operating ratio to 0.52 from 0.64. The ratio measures that part of the income which goes to meet the operational expenditure of a railway. To put it in perspective, the operating ratio of the rejuvenated Indian Railways stood at 0.78 during 2007-08.
The activists argued that an appeal would be filed in the apex court on Monday but by then the MMRCL would have completed cutting all the trees in the colony.
In the third accident involving Delhi Metro in the last 10 days, a labourer was killed after he was hit by a steel beam being lifted by a crane at its site in west Delhi on Wednesday, even as Delhi Metro Rail Corporation chief E Sreedharan put the blame on the contractor for the fatal mishap. The incident took place at around 5:45 am at Ashok Park work site in Punjabi Bagh, when the labourer was hit by the beam which was being lifted by the crane.
Bharat Earth Movers is set to witness a re-rating driven by the huge potential in the metro rail projects planned across the country.
PM to inaugurate Metro's longest line on Dec 30
In the first phase, 1,600 CISF personnel will be deployed to cover the 59 stations of mass transit system, stretching over 62 kms, as against the present system of 700-odd men guarding the network round the clock.
"I congratulate the people of Kochi on the proud moment," the PM said.
Stating there was an urgent need for investment in world-class infrastructure in urban areas, Prime Minister Manmohan Singh said on Wednesday this was essential for cities to become 'more liveable and people-friendly'.
Prime Minister Manmohan Singh on Wednesday led the foundation of Rs 19,500-crore (Rs 195 billion) Metro Rail Project, which authorities hope will help ease traffic flow within the metropolis.
It has also been decided to suspend the interstate bus services till March 31, the officials said. The decisions have been taken at a high-level meeting attended by chief secretaries of all states and the cabinet secretary and the principal secretary to the prime minister.
Ahmedabad looks like a big construction site today -- what with malls, flyovers, roads, residential townships, a waterfront development plan, and office spaces that are fast changing the city's landscape.
It is yet to be decided whether the Rs 2,356 crore (Rs 23.56 billion) Phase One of the project is eligible for VGF or not, a key Finance Ministry official told PTI. \n
Govt seeks Japanese help for Delhi, Bangalore metro projects
Investigations after the arrest of Tariq Ahmed Dar, the alleged LeT terrorist who had masterminded the attacks, revealed that the group was ready to carry out another string of blasts.
Take the rediff business quiz and find out how much you know about `the underbellies'.
Police said farmers have been allowed to hold peaceful protest at the Nirankari Ground in north Delhi.
We've carried 230 million passengers since we began without a single fatality.
Sreedharan, who is also the principal adviser to the DMRC, said "no metro" in the world has extended free travel facility to women exclusively.
The state asked the PMO to accommodate three more dignitaries, including DMRC Principal Advisor E Sreedharan.
About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.
Inside the coach, he interacted with some of the commuters and posed with them for pictures.
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