Joint MD of the company Arun K Saha and MD of transportation network K Ramchand were arrested late evening in Mumbai under the Prevention of Money Laundering Act.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
It is a waste of time to speak up in today's India, believes Syed Firdaus Ashraf.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
The Supreme Court on Thursday said the authorities were "not interested" and the people have been "left to suffer".
Passengers complained that they had to wait a long time for Ola and Uber cabs, and added that those were available at inflated rates.
A sum of Rs 7060 crore is provided in the current fiscal for the project of developing one hundred Smart Cities.
From his run-ins with the Centre to his political knack to sail through choppy waters, the Delhi CM has shown uncommon talent in running a 'common man's' government.
Opt for an affordable house on a metro's periphery, invest and wait it out.
"Various organisations and anti-social elements had infiltrated the pro-Jallikattu protests (at Marina) with the intention of diverting it," he said.
Prohibitory orders were imposed in Delhi and parts of Karnataka. Police kept tight vigil in Kerala. In Gujarat, 50 people were arrested for Thursday's violence.
Canada-based passenger trains maker Bombardier is planning to develop India as the exports hub for its products and solutions to cater to Europe, South America and the Middle East markets.
The air quality in Delhi is turning worse, Deputy Chief Minister Manish Sisodia said.
Acquisitions, slowdown put infra major in a spot, with bankers okaying debt restructuring.
'A slum free Mumbai cannot happen with Dharavi at the centre of the city.'
Showing no signs of relenting, Delhi Chief Minister Arvind Kejriwal on Tuesday ruled out negotiations to end the stand off with the Centre and threatened to flood Rajpath with lakhs of supporters that can disrupt Republic Day celebrations.
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
The sky turned cloudy around 4:30pm and gusty winds swept the national capital.
The nationwide strike called by Left parties and their allies to protest Centre's "failure" to check price rise on Tuesday hit normal life across the country.
The BJP president further said that Andhra Pradesh has always been on the agenda of national development and Prime Minister Narendra Modi has left no stone unturned to ensure its growth and prosperity.
The BJP leadership believes these parties are flexing their muscles in the run-up to the Lok Sabha polls for better seat-sharing deals.
Bengaluru has been ranked among top 20 technology-rich cities in the world in a survey done by Jones Lang LaSalle.
Let those in power put trees on par with the sacred cow. And century-old trees certainly need to be worshipped, says Anil Singh.
The Railway Minister has announced that there is an urgency to attract FDI in Railway projects.
Industry estimates suggest that the extent of value addition in the handset space remains at a mere 10 per cent. That effectively means, value-wise 90 per cent of all components used in making a handset continues to be imported.
New Land Bill is aimed at reviving investment climate.
Modi government must fix policy paralysis.
The panel will be asked to give report by March-April next year.
Japanese Prime Minister Shinzo Abe's $12-billion loan at an incredibly low interest rate may have trumped China's aim to enter the enormous Indian Railways market, notes A K Bhattacharya.
Kolkata excels in business performance with employee headcount and number of engineering students doubling in the last five years.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
Uttar Pradesh Chief Minister Akhilesh Yadav may not have been able to fix the responsibility for the Samajwadi Party's dismal performance at the recently concluded Lok Sabha elections.
This alliance is for personal survival, not ideology-based support. This alliance is for power, not for the people. This alliance is for personal ambitions, not people's aspirations," the PM charged.
To ease congestion and bottlenecks at Metros, the Railways propose to develop mega terminals at Chitpur in Kolkata and Anand Vihar in Delhi, Railway Minister Nitish Kumar announced
Expresses inability to provide land for train terminal in Bandra-Kurla Complex, a cash cow for MMRDA
An interesting contest is on in Malkajgiri, the biggest Lok Sabha constituency in the country.
SN Subrahmanyan is known to be a fitness enthusiast and loves taking long walks.
'The last four years was not Dravidian rule, it was BJP rule by proxy.'
Feasibility study is being sought for high-speed rail corridors.
"Our party was defeated in unambiguous terms," she says about the defeat to the Aam Aadmi Party in 2013.