News for 'mumbai infrastructure'

Bihar cricket: Factionalism rears ugly head again

Bihar cricket: Factionalism rears ugly head again

Rediff.com6 Jan 2024

Factionalism is nothing new to Bihar cricket and the ugly infighting that has been running well over two decades has robbed the state of some notable talents, besides attracting the ire of the BCCI.

AI ferry flight takes off for Russia to fly 216 stranded passengers to US

AI ferry flight takes off for Russia to fly 216 stranded passengers to US

Rediff.com7 Jun 2023

'A ferry flight is scheduled to operate to GDX (Magadan) from Mumbai, at 1300 hours IST on June 7, subject to necessary regulatory clearances, which would take passengers and crew of AI173 onward to San Francisco,' the airline said in the statement on Wednesday.

Why villas have become homebuyers' favourite choice

Why villas have become homebuyers' favourite choice

Rediff.com24 Dec 2023

This shift is driven by a pursuit of a superior lifestyle and an innate desire to be grounded in an owned plot of land. Villas, situated within gated housing societies, have gained popularity as a property type, witnessing strong traction due to elevated aspirations and the need for more living space.

Out of power in Telangana, BRS eyes LS elections for redemption

Out of power in Telangana, BRS eyes LS elections for redemption

Rediff.com19 Mar 2024

With the Congress in power in the state and the Bharatiya Janata Party (BJP) snapping at its heels, the BRS is now fighting an existential battle.

150 Covid patients shifted from Mumbai facility ahead of cyclone

150 Covid patients shifted from Mumbai facility ahead of cyclone

Rediff.com2 Jun 2020

Town planning authority MMRDA on Tuesday said that nearly 150 patients at its COVID facility in Bandra Kurla Complex (BKC) have been shifted to another location as a precaution in the wake of the Nisarga Cyclone which is expected to make a landfall close to the city on Wednesday.

ED searches 2 former IL&FS auditors in connection with money-laundering case

ED searches 2 former IL&FS auditors in connection with money-laundering case

Rediff.com10 May 2023

The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.

AWS to invest $4.4 bn in India by 2030 through new Hyderabad region service

AWS to invest $4.4 bn in India by 2030 through new Hyderabad region service

Rediff.com23 Nov 2022

Amazon Web Services (AWS) will invest nearly $4.4 billion (Rs 36,000 crore) in India by 2030 and support more than 48,000 jobs externally through a new regional service launched on Tuesday, said the on-demand Cloud computing company. AWS Asia Pacific (Hyderabad) is the company's second infrastructure region in India, six years after it opened its first Cloud region in Mumbai in 2016. The Hyderabad region will give customers access to AWS technologies for data analytics, security, machine learning, and artificial intelligence.

First Jio-BP branded petrol pump to open near Mumbai

First Jio-BP branded petrol pump to open near Mumbai

Rediff.com21 Oct 2021

Global energy supermajor BP plc on Thursday said it is about to open its first 'Jio-bp' branded petrol pump in partnership with Reliance Industries near Mumbai.

With Mumbai in pocket, Adani is India's largest private airport operator

With Mumbai in pocket, Adani is India's largest private airport operator

Rediff.com31 Aug 2020

Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.

Equity capital market league tables see a significant reshuffle at the top

Equity capital market league tables see a significant reshuffle at the top

Rediff.com13 Oct 2023

Jefferies, IIFL, and JM Financial - none of which were in the top five last year - have now claimed the top spots in the league tables for equity capital markets (ECM) during the first nine months of calendar year 2023 (CY23), a period characterised by small- and mid-sized transactions. This shift marks a significant change, with these firms outperforming the bulge-bracket investment banks. According to data provided by Refinitiv, Jefferies leads the domestic ECM market, having handled share sales worth $2.3 billion, representing 12.4 per cent of the total volume of $18.4 billion for ECM transactions.

Mumbai to build Wuhan-like hospital to treat COVID-19 patients

Mumbai to build Wuhan-like hospital to treat COVID-19 patients

Rediff.com7 May 2020

The hospital, in the commercial hub of Bandra-Kurla Complex, will serve as an isolation facility for non-critical COVID-19 patients. Expected to be ready in a fortnight, the new makeshift facility can be scaled up to 5,000 beds, if needed. The Brihanmumbai Municipal Corporation will run the hospital that will have, among other things, oxygen facilities and pathological laboratories. Sohini Das reports.

'India should not behave like a big brother towards Maldives'

'India should not behave like a big brother towards Maldives'

Rediff.com5 Feb 2024

'India should respect Maldivian nationalism and their desire to be not over-dependent on India.' 'India should not behave like a big brother towards Maldives as many times, we tend to behave like that.'

Bumrah is excited to be playing Test cricket: Shastri

Bumrah is excited to be playing Test cricket: Shastri

Rediff.com10 Feb 2024

'I remember my first call to him, it was in Kolkata. I asked him would he be interested in Test cricket. He said that would be the biggest day of his life.'

Adani in talks to buy out GVK, partners in Mumbai airport

Adani in talks to buy out GVK, partners in Mumbai airport

Rediff.com24 Aug 2020

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 Race To Be Called Visionary

The Race To Be Called Visionary

Rediff.com17 Feb 2023

Unfortunately, in India, infrastructure projects are lost in a miasma of political and personal vanity, observes Shyam G Menon.

Destruction inevitable: Mumbai Metro chief defends Aarey move

Destruction inevitable: Mumbai Metro chief defends Aarey move

Rediff.com6 Oct 2019

Chopping of trees started on Friday night, hours after the Bombay High Court dismissed petitions challenging Tree Authority's decision to axe trees in Aarey to make way for the rake depot.

'Global investors willing to pay premium for India story'

'Global investors willing to pay premium for India story'

Rediff.com8 Feb 2024

'With China falling out of favour, India is where investors see the demographic and digital dividend apart from the benefits of reforms playing out.' 'Your prime minister has also done a great job of sharing this story with the world.'

IHG Hotels & Resorts focused on bringing more luxury offerings to India

IHG Hotels & Resorts focused on bringing more luxury offerings to India

Rediff.com4 Jan 2024

Global hospitality major IHG Hotels and Resorts saw its business surpass pre-pandemic levels in 2023 on the back of "unprecedented growth" in the tourism industry, a senior company official said. The UK-headquartered company, which operates Holiday Inn, Holiday Inn Express, Crowne Plaza and luxury brands like Intercontinental and Six Senses in India, launched its premium lifestyle brand voco in January this year, with the first property set up at Jim Corbett in North India. The group, in total, signed 15 new deals in 2023.

COVID-19: How Mumbai has been done in by poor planning

COVID-19: How Mumbai has been done in by poor planning

Rediff.com21 May 2020

Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality". Dev Chatterjee and Raghavendra Kamath report.

Fadnavis promises to improve Mumbai's rail service

Fadnavis promises to improve Mumbai's rail service

Rediff.com6 Jan 2015

The CM said aggressive investment is the need of the hour

Trevor Noah announces cancellation of Bengaluru shows

Trevor Noah announces cancellation of Bengaluru shows

Rediff.com28 Sep 2023

Popular comedian Trevor Noah, who is in India for a comedy tour, called off two stand-up shows in Bengaluru due to 'technical issues' and apologised to the audience members for the inconvenience.

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

ED issues fresh summons to Maha NCP chief Jayant Patil

ED issues fresh summons to Maha NCP chief Jayant Patil

Rediff.com15 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra was issued the first summons for appearance on May 12 but he had sought deferment for about 10 days citing some personal and official engagements.

Adani now plans to enter water segment

Adani now plans to enter water segment

Rediff.com19 Jan 2023

Adani Enterprises, which is launching India Inc's second-largest follow-on public offer worth Rs 20,000 crore next week, on Thursday said it is planning to enter the water segment as this is a key element of its core business of infrastructure. The group is into the entire gamut of infrastructure -- being its ports, airports, roads, expressways power generation & distribution, among others. In ports and airports, the group is the largest player in the private sector. Addressing media from Milan, group chief financial officer Jugeshinder Singh said the company has fixed the price band for the Rs 20,000-crore issue in the range of Rs 3,112-3,276 per share.

Rahul begins 6,700-km nyay yatra; vows an India devoid of violence, hate

Rahul begins 6,700-km nyay yatra; vows an India devoid of violence, hate

Rediff.com14 Jan 2024

Congress leader Rahul Gandhi on Sunday embarked on the Bharat Jodo Nyay Yatra from Thoubal in Manipur with a promise to bring peace and harmony in the ethnic violence-hit state.

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Rediff.com13 Sep 2022

The Adani group said Reliance Infrastructure, part of the Reliance Anil Dhirubhai Ambani Group, had initiated arbitration on one specific dispute under the Share Purchase Agreement (SPA) in December 2021 with a claim for just Rs 500 crore. Adani said it has filed counterclaims against the Ambani company. The Adani group firm, Adani Electricity was reacting to a Reliance Infrastructure statement of last week, which said it has filed an arbitration claim of Rs 13,400 crore against Adani Group in the Mumbai Centre for International Arbitration (MCIA). Reliance had cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission.

Sebi puts NSDL's IPO in abeyance

Sebi puts NSDL's IPO in abeyance

Rediff.com3 Aug 2023

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.

Sops, stamp duty cut help home sales in Mumbai surge

Sops, stamp duty cut help home sales in Mumbai surge

Rediff.com5 Nov 2020

Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.

India's infrastructure puzzle

India's infrastructure puzzle

Rediff.com19 Dec 2007

National highways in India have seen a dramatic improvement over the last decade. Improvements are more evident in shorter stretches. For instance, Jaipur, Chandigarh and Agra are now well-connected with Delhi. Similarly, the highway that connects Mumbai with Pune can easily compare with the best anywhere in the world. This is true of many other national highways connecting major cities in southern and eastern India.

Realty prices crash in Mumbai as buyers go missing

Realty prices crash in Mumbai as buyers go missing

Rediff.com14 Jul 2020

Mumbai's property markets, where prices earlier crossed Rs 1 lakh per sq. ft in South Mumbai, are seeing a 20-25 per cent markdown from last year's levels.

Sachin Tendulkar goes Karting in Mumbai

Sachin Tendulkar goes Karting in Mumbai

Rediff.com17 Mar 2016

Sachin Tendulkar inaugurated a Sky Karting track in Lower Parel area of Mumbai (South).

When Will Yogi Have His Film City?

When Will Yogi Have His Film City?

Rediff.com26 Apr 2023

'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'

Won't allow bullet train till Mumbai local fixed: Raj Thackeray

Won't allow bullet train till Mumbai local fixed: Raj Thackeray

Rediff.com30 Sep 2017

"Does one need bullet train or improvement of basic rail infrastructure," the MNS chief said.

When Fernandes was accused of planning to blow up key infrastructure

When Fernandes was accused of planning to blow up key infrastructure

Rediff.com29 Jan 2019

'My fight against the dictatorship was born out of the conviction that evil should be fought, but it never entitled killing or what the prosecution say 'criminal force'

Branson to meet Thackeray over Mumbai-Pune Hyperloop project

Branson to meet Thackeray over Mumbai-Pune Hyperloop project

Rediff.com11 Dec 2019

British billionaire Richard Branson on Wednesday said he will meet Maharashtra Chief Minister Uddhav Thackeray to clear "misunderstandings" and gauge the new administrations interest in the $10 billion Mumbai-Pune Hyperloop project.

One year of Shinde govt: Politics overshadows governance

One year of Shinde govt: Politics overshadows governance

Rediff.com29 Jun 2023

The Sena and Shiv Sena-Uddhav Balasaheb Thackeray labelled each other gaddar (traitor) after Shinde's rebellion split their original party last year, while Deputy Chief Minister Devendra Fadnavis publicly asserted he had exacted revenge on Thackeray for his betrayal.

It may take less than 3 days to rescue trapped tunnel workers if ...: Official

It may take less than 3 days to rescue trapped tunnel workers if ...: Official

Rediff.com21 Nov 2023

He further said that the "focus is on horizontal drilling" as rock formation has created challenges for vertical drilling.

Jay Shah provides updates on WPL, Asia Cup venue

Jay Shah provides updates on WPL, Asia Cup venue

Rediff.com14 Apr 2023

BCCI honourary secretary Jay Shah provived updates on the Asia Cup venue, WPL and India's preparations for the ODI World Cup.

Mumbai gets ready for Covid 3rd wave with 2,170-bed hospital

Mumbai gets ready for Covid 3rd wave with 2,170-bed hospital

Rediff.com29 Jun 2021

The COVID-19 hospital has a 190-bed ICU, 1,536 beds with oxygen facility, an ICU for children, a 20-bed dialysis unit, a 40-bed triage and a 384-bed isolation room with a total of 2,170 beds, the MMRDA said in a release.

Why Mumbaikars Are Wheezing And Coughing

Why Mumbaikars Are Wheezing And Coughing

Rediff.com29 Mar 2023

La Nina, construction worsen air quality; spike in respiratory ailments.