The petitioners challenged the reclamation and construction work for the project on the primary ground that it will result in damage to the coastline and destroy major marine life along the coast and livelihood of the fishermen.
With the Japanese government taking a lead in funding the megapolis' many signature infrastructure projects, the World Bank has evinced interest in funding the proposed Charkop-Dahisar and Wadala-Teen Hath Naka Metro projects.
Microsoft chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is "very committed to India". He was speaking at Microsoft's Tech for Good and Education showcase, an event that highlighted the impact created by technology in the areas of philanthropic work and education. Nadella did a walk through, interacting with teachers, students and professionals who are making a difference in the society, by leveraging various Microsoft programs, initiatives and tools.
The Mumbai town planning agency has said it can't spare land in the commercial BKC area for a terminal due to demand from private firms
'If we want faster growth and want greater flow of credit towards the private sector, it's important to have many more of such large entities.'
The airport, which will now be built to handle 20 million passengers, will likely start operations by mid-2020. However, rating agency CRISIL in its report in May-end had said operations are expected to start in 2023.
Top Maharashtra politicians on Thursday called on Prime Minister Atal Bihari Vajpayee and sought Rs 6,000 crore assistance for an ambitious infrastructure development project for Mumbai.
Maharashtra Minister of State for Urban Development Bhaskar Jadhav on Friday called for a consensus among all political parties to check migration to Mumbai.
The recent migration of marquee investments from Maharashtra to Gujarat seems to have rekindled the Marathi manoos sentiment.
Union ministry of home affairs changed its mind and gave bid clearance for Hiranandani Developers and its consortium partner, Zurich Airport
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
'We told the government that we won't dance to their tunes this time.'
Whatever be the political coalition that comes to power at the Centre after May 16, the new government will have five ongoing projects to kick-start a sluggish economy.
In a first, a public transport facility is beating its own drum.
A consortium of six banks led by IDBI will finance the project to the tune of Rs 1,194 crore (Rs 11.94 billion), Rs 512 crore (Rs 5.12 billion) will be raised through equity while Rs 650 crore (Rs 6.5 billion) will come from the MMRDA as capital subsidy. The closure is unique in many ways as nearly Rs 200 crore (Rs 2 billion) have been spent on the project before the financial closure.
The NCR and the MMR together account for 77 per cent of 10 big housing projects stuck because of developers' bankruptcy or litigation.
For Mumbai to become the city of the future, all this and more needs to be done, lest the megapolis continues to teeter on the brink of collapse under the pressure of its rising population, inadequate infrastructure, lack of coordination amongst its governing bodies, worsening climate conditions, ineffective security systems, etc.
Did the fear of central agencies probing scams involving NCP leaders that forced these politicians to jump ship?
The warship is packed with a plethora of sophisticated sensors, modern radar and weapons systems such as surface-to-surface missiles and surface-to-air missiles, according to the Indian Navy.
The Mumbai Metropolitan Region Development Authority is exploring the possibility of constructing metro rail routes along the Western and Eastern Express highways to further ease traffic congestion in the metropolis.
Reserve Bank of India governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 36 crore, which is up 50 per cent from 24 crore in February 2022. In value terms, these transactions are worth Rs 6.27 lakh crore, registering a growth of 17 per cent from Rs 5.36 lakh crore in February 2022, the governor told reporters while launching the Digital Payments Awareness Week at the RBI headquarters in Mumbai this afternoon. He also said the overall monthly digital payment transactions crossed over Rs 1,000-crore-mark each month during the past three months.
'Not many know that Ratan Tata became chairman of Tata Sons because of Cyrus's father Pallonji Mistry. But he (Cyrus) never used it or leveraged it to his benefit.'
From being someone who feared travelling by Mumbai's suburban trains to heading the project that may change the way the city commutes, Ashwini Bhide has come a long way.
L&T on Thursday said its construction arm has won a large contract for the bullet train project. L&T Construction has bagged the project from National High-Speed Rail Corporation Ltd (NHSRCL). "The railways business of L&T Construction has secured acontract from NHSRCL to construct 116 route km of High-Speed ballastless track works for Mumbai-Ahmedabad High-Speed Rail (MAHSR) project, popularly referred to as the bullet train project," the company said in a statement.
Shiv Sena president Uddhav Thackeray on Wednesday dared the Bharatiya Janata Party to defeat it in the ensuing Mumbai civic polls, saying his party's bond with the city was unbreakable, and also hit out at Maharashtra Chief Minister Eknath Shinde over his rebellion and for laying claims to his late father's legacy.
The company also said it has made three oil and gas discoveries in Krishna Godavari basin and Tripura.
This sort of property is better suited for an investor rather than an end user.
He said despite efforts by the UN, the threat of terrorism is only growing and expanding, particularly in Asia and Africa.
PCB chairman Ramiz Raja told the ICC that Pakistan has not made any decision not to send its team to India for the 50-over World Cup.
'At the heart of the strategic relationship between our countries are economic ties.'
What is more surprising is that a surge in Russian oil supplies has come after the G7 imposed stringent sanctions on Moscow.
Pressure is mounting on Reliance Infrastructure to change the name of metro rail project, with a senior minister in the Congress-NCP led Maharashtra government joining the chorus of Opposition leaders making similar demand.
The PM is in Mumbai on a two-day visit.
'The inflection point that really happened in the sector was during the pandemic when buyers' perception changed towards consumption and that gave a trigger to pent-up demand with the increased affordability.'
Announcing a Re 1 crop insurance scheme for farmers, the deputy CM said the government will bear the financial burden of Rs 3,312 crore.
A special court in Mumbai has said that Shiv Sena MP Sanjay Raut dealt with some "unaccounted money" for purchasing plots at Kihim near Alibag in Raigad district, but the same cannot be "thrown in the stock of proceeds of crime (POC) under the provisions of the Prevention of Money Laundering Act (PMLA)".
Some of the world's wealthiest Indian billionaires, such steel magnate Lakshmi Mittal and mining and metals tycoon Anil Agarwal, are based in London.
Metro rail projects in Hyderabad and Mumbai will come up through PPP model. Besides Metro, government is also keen to allow bus rapid transit (BRT) system, construction of road over bridge (ROB) and underpass through the PPP mode. The JNNURM scheme launched in the end of 2005 recognises that mere funding of infrastructure projects alone will not enable in transforming cities and what is required is a clear focus on a set of reforms at state and urban local body level.
