Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.
'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
Of the 27 projects being monitored, four to five are critical for Mumbai.
The strong message from the prime minister is of continuity of policies he considers right with strong emphasis on execution, points out T N C Rajagopalan.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
The government and MMRDA are keen to develop the 22-km link, which will connect Sewri on the island city to Nhava Seva in Navi Mumbai, on an engineering, procurement and construction basis and not on the build-operate transfer model, considering past experience.
A 58-year-old man died after a power transformer fell on him in Raigad district. 2 people died and 3 were injured in two separate cyclone-related incidents in Pune.
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
The civil aviation sector is witnessing a number of initiatives
La Nina, construction worsen air quality; spike in respiratory ailments.
The five Pakistani sailors, staying at a police station in south Mumbai after being rescued by Indian Navy in the high seas in March, flew to their country on Monday evening, the police said.
The sprawling warship building facility caters to the combat vessel requirements of not only the Navy, but also the Coast Guard.
A look at few marquee projects that are stuck for several reasons.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
Flight operations at the Mumbai airport were suspended for nearly half an hour as visibility dropped well below the required 550 meter-mark
In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016.
Railway Minister Suresh Prabhu said that the common people have always been the focus of all initiatives by the Indian Railways.
They include a woman who came from Nigeria along with her two daughters to meet her brother in adjoining Pimpri Chinchwad area, the official said.
'If a drone can't fly airspace without the DGCA knowing about it, how did such a big plane get airborne?' 'The DGCA knows this aircraft had undergone major repairs. Now, the question is who allowed it.' 'The DGCA cannot come out of this.'
With passenger growth pegged at 14 to 15 per cent, airport infrastructure could be a make or break business for both new players and incumbents.
Hyderabad is perhaps one of the most affordable cities among all tier 1 cities of India.
Tropical storm 'Tauktae' (pronounced as Tau'Te) which had intensified into a very severe cyclonic storm, lies close to the Gujarat coast, the India Meteorological Department said. "The landfall process has started and will continue during next two hours," the IMD said.
Weeks after confusion over three Mauritius-based funds whipsawing shares of Adani group firms, billionaire Gautam Adani on Monday said that "twisted narrative" seems to imply that companies have regulatory powers over their shareholders and can compel disclosures. Shares of port-to-energy group nosedived last month after reports that accounts of three of the six Mauritius-based funds that have invested most of their money in Adani group firms had been frozen by the national share depository. The three funds owned about $6 billion of shares across the conglomerate.
Anuj Puri, chairman and country head at JLL India explains the dynamics of the city's real estate.
"I am also quitting as member of Legislative Council," Thackeray said in a webcast.
The Ministry of Civil Aviation is planning to start flights connecting about 120 cities in the country from the current 81 cities, said Praful Patel, Union Minister for Civil Aviation.
'Kangana Ranaut is not only the Sena's issue, but also of those who love Mumbai and Maharashtra'
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.
Meanwhile, flight operations from the Kochi international airport will resume at 12 noon on Sunday, an airport official said.
Kerala top the list of state-wise break-up of repatriation requests with 25,246, followed by 6,617 from Tamil Nadu and 4,341 from Maharashtra. A total of 3,715 people from Uttar Pradesh requested for evacuation, 3,320 from Rajasthan, 2,796 from Telangana and, 2,786 from Karnataka.
The Tatas are rather overwhelmed with some facets of the airline they have discovered, but even more unnerved by what they may not have yet uncovered, reveals Anjuli Bhargava.
The biggest let down for India's aviation sector has been the failure of the government to privatise Air India, says Anjuli Bhargava.
L&T had also sought shareholders' approval to raise $600 million through a qualified institutional placement.
From the Gulf countries to Malaysia and the UK to the US, the multi-agency operation christened 'Vande Bharat Mission' will see the state-owned AI operate 64 flights till May 13 in the first phase to ferry around 15,000 Indian nationals from 12 countries.
Opt for an affordable house on a metro's periphery, invest and wait it out.
Bodies of the two naval officers from Assam who were in the Indian Navy's kilo-class submarine INS Sindhurakshak which sank at the naval dockyard in Mumbai after explosion were brought to their home state in Guwahati on Wednesday.
Maharashtra Chief Minister Prithviraj Chavan, who has completed three years in office, will have to further gear up to lead the ruling Congress party in the ensuing Lok Sabha and assembly elections slated for 2014.
An Iran Air flight carrying Indian pilgrims stranded in coronavirus-hit Iran landed at the airport in Mumbai on Friday afternoon, an official said.
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