At one level, the ongoing tussle between the Delhi Metro Rail Corporation (DMRC) and the Anil Ambani-controlled Delhi Airport Metro Express Pvt Ltd (DAMEPL) may confirm the misgivings of those who think public-private partnerships (PPPs) are a risky way of bridging the infrastructure gap.
Giving a push to aviation infrastructure development, government is planning to build 10-15 greenfield airports and modernising 50 others in the non-metro cities over the next few years.
Reliance Infrastructure's Delhi Airport Express, the first public-private partnership in Metro rail services, is set to restart operation from 5 am on Tuesday, after remaining shut for six months.
Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
Delhi is under high security with over 10,000 police personnel and hi-tech surveillance deployed for Independence Day celebrations.
Carrying of alcohol was banned in the Delhi Metro till recent except on the Airport Express Line, the DMRC said in a statement.
'One is not allowed to smoke on the sets of a Hollywood film even during a break.' 'When I asked an assistant to suggest some place where I could light a cigarette, he recommended the bad boys' corner -- where Jack Nicholson smoked.' 'However, I hesitated.' 'But when I was heading back to my chair after the shot, Jack Nicholson asked me if I wanted to join him for a smoke. We had a long conversation over cups of cappuccino.'
Spain and Portugal have been hit by power outage on Monday, leaving millions of people without electricity.
Through this, the company plans to bid for 35 non-metro airports coming up for development in India as well as international airport developments.
A 22-year-old youth and a person with disability died, while at least 11 were injured, in separate rain-related incidents in the national capital on Wednesday evening. The incidents occurred amid sudden changes in weather in Delhi, as a rainy storm marked by hail wrecked havoc across the city, throwing traffic out of gear as far as Delhi-Noida, Delhi-Ghaziabad, and Delhi-Gurugram roads and uprooting several trees.
The tragic incident saw 241 of the 242 lives on board the London-bound Boeing 787-8 perish, along with 29 people on the ground as the aircraft plunged into a medical college campus shortly after takeoff.
Employees of the Airports Authority of India on Tuesday called off their nationwide agitation to ensure job security following the decision to privatise two metro airports
The CMRS asked for clarifications on Wednesday regarding certain deficiencies observed in this line following an inspection of the corridor on September 27 and 28.
AAI holds a minimum of 26 per cent equity in any of the joint venture in the form of assets, and the balance is with private sector/financial institution/state government for city-side development of viable non-metro airports.
The government is expected to firm up, next week, its position on equity participation in two proposed companies for privatisation and modernisation of Delhi and Mumbai airports, official sources said on Friday.\n\n\n\n
The terminal and airside development of as many as nine of the 16 non-metro airports, supposed to be completed by next month, has been delayed till next year. This included construction and expansion of terminal buildings, runways and taxiways, among other things.
A journalist in Mumbai has refused to take down videos of a Ram Navami procession that featured participants shouting profanities and making threats against Muslims. The journalist, Kunal Purohit, has asserted that he is only "documenting hate." Mumbai police have registered an FIR against three individuals for using a loudspeaker to play obscene songs during the procession.
Adani group is in talks to acquire a 50.5 per cent stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5 per cent of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter said.
The empowered group of ministers will take up tomorrow the modernisation plans of Delhi and Mumbai airports even as the government has cautioned low cost carriers on the present fare structure introduced by some of them.
A report of a joint inspection committee (JIC) - comprising experts from DMRC, Indian Railways and Reliance Infra - has revealed that the Airport Metro Express line had been rolling on a track that had 91 per cent of its bearings dislocated.
Delhi's showcase Airport Metro Express would be back on track after being shut for six months, but it won't be a high-speed corridor as envisaged with the Commissioner of Metro Rail Safety today granting the nod for operations with a reduced speed of 50 km per hour.
The status report claims that RCB organised a massive victory parade and celebration without prior permission or furnishing mandatory details to city authorities.
The Tata Group and Singapore's Changi Airports International have agreed to jointly bid for the modernisation works of airports at Chennai and Kolkata as also vie for similar projects in non-metro airports.
The airport express line of Delhi Metro, the country's first public-private-partnership project in the rail sector, would formally open for general public in a month, Delhi Chief Minister Shiela Dikshit said.
Defence Minister Rajnath Singh on Sunday said that the Brahmos missile proved instrumental in Operation Sindoor and since then, more than a dozen countries have expressed interest in it.
MADC is a special purpose vehicle set up by Maharashtra to execute the multi-modal hub project at Nagpur, which includes an airport and a special economic zone.
Meanwhile, the civil aviation ministry has announced the appointment of a task force, lead arrangers and consultants for the development of 35 non-metro airports in a phased manner at a cost of Rs 5,500 crore.
India's craft chocolate makers are changing the market by using local cacao, creating bold new flavours, making chocolate both a luxury and a story.
The only way out for DMRC would be if the lenders, a consortium of 10 banks, find another concessionaire for the project
Prime Minister Narendra Modi on Friday said the world has seen the power of India's indigenous weapons during Operation Sindoor, which is 'not over yet'.
'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'
Sources close to the development said the group will shortly take a decision on the business, which has seen interest from large houses like the Tatas and the Ambanis.
Anil Dhirubhai Ambani Group firm says it is financially unviable.
Over a dozen private players, including Anil Ambani-promoted Reliance Energy Ltd (REL), real estate giant DLF and infrastructure majors GMR and L&T, are understood to have bid for modernisation of Udaipur airport.Other bidders in race for the project include Soma Constructions, L&T and Gammon India, besides Dubai-based ETA, the sources added.
