The Adani group will be generating almost 90 percent of its Ebitda (earnings before interest, tax, depreciation, and amortisation) from infrastructure business by 2025 as compared to 83 per cent generated from these businesses currently, top company officials told bankers recently. Of the infrastructure business, 49 per cent of the profits are currently contributed by energy and utility, another 25 per cent by transport and rest by cement and logistics businesses. This will go up substantially as several new projects like Navi Mumbai airport and other projects get commissioned and contribute to the overall Ebitda pie, bankers were told.
Several on-site labourers in the city want to take special trains being run to transport workers back home. The rising number of COVID-19 cases in the city has caused anxiety among them.
GoFirst, AirAsia India, Star Air and TruJet will resume all their domestic operations from Terminal 1 from October 20 midnight, the private airport operator said in a release.
Water, mats and chairs, among others things, have been arranged for commuters at these schools which are located close to railway stations, he said.
Maratha quota protester Manoj Jarange, who has been on a hunger strike in Maharashtra's Jalna district, said on Thursday that their agitation will continue till the state relaxes the condition of genealogy while giving Kunbi caste certificate to the community members from the Marathwada region.
In the wake of the accident off the Mumbai coast two days ago, the defence forces have halted the operations of the Advanced Light Helicopter (ALH) Dhruv till the time investigators find the reason for the incident and precautionary checks are carried out.
For bringing the idols of the deity and during their immersion, there will not be more than 10 people in the processions of public mandals and not more than five for the household Ganpatis, the Brihanmumbai Municipal Corporation in the guidelines issued on Tuesday.
Jarange, aged around 40, has been holding the hunger protest in Jalna district's Antarwali Sarati village since August 29.
The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.
The city's Chhatrapati Shivaji Maharaj International Airport (CSMIA) has put in place all necessary measures to implement the health ministry's latest COVID-19 guidelines on international passengers arriving in India, the private airport operator said on Wednesday.
Maharashtra Chief Minister Eknath Shinde on Sunday ordered a probe into a road accident on the Samruddhi Expressway which claimed 12 lives.
Even as the lockdown remains in force till June 30, the Maharashtra government, as part of the phase-wise reopening of the economy and public activities under 'Mission Begin Again', has allowed private offices to resume operations with 10 per cent staff. Since the lockdown came into force in March, regular operations of BEST buses were suspended and services were available only for the essential services staff and health workers.
Thackeray was speaking virtually after the inauguration of a water taxi service, linking Navi Mumbai to south Mumbai, and the Belapur jetty in the neighbouring township.
The general manager of Uber taxis in Mumbai was allegedly slapped by a member of a local outfit in Mumbai on a day when Maharashtra government decided to ban web-based taxi services in the state.
MNS workers will gather at every toll booth and ensure that four, three and two-wheelers are not charged tolls, Thackeray said.
The chemical analysis report of the regional Forensic Science Laboratory revealed that 0.30 per cent alcohol was found in the blood sample of the driver
Almost a quarter of a century ago, Urmila Matondkar dazzled cine-goers with her oomph in the Ram Gopal Varma movie Rangeela. Cut to the present, the actress-turned-politician is still bringing the same oomph and star power as she campaigns for the Congress ahead of the upcoming elections -- where she will be contesting for the Mumbai North constituency. Here's a glimpse!
A pod-like vehicle, which can touch top speeds of close to 1,200 km an hour, will make this amazing feat possible.
A day after he was ruthlessly removed from the Bharatiya Janata Party Parliamentary Board, Nitin Gadkari -- arguably, the top performer in the Narendra Modi Cabinet and a former BJP president -- was in Mumbai, launching one of his pet projects: Electric public transport buses for the city.
The Central Railway has decided to operate its suburban services in Mumbai division on Sunday time table, which means it will ply fewer trains, compared to weekdays when trains are run in full capacity.
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.
She is being hailed as a fashion icon for all the amazing outfits, many Indian, she wore during the trip.
Hyderabad residents are drawn to an eco-friendly Ganesh idol made out of 17,000 coconuts.
As violence broke out, police baton-charged the protesters and lobbed tear gas shells to disperse them. Several persons, including 40 police personnel, were injured and more than 15 state transport buses were set ablaze. More than 360 persons were booked in connection with the violence, police said.
Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.
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.
'The World Cup alone is expected to create an additional 100,000 jobs, most of which will comprise gig workers in the delivery space, transportation, hospitality and event management.'
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
Vashi APMC traders see supplies to Mumbai impacted over movement curbs. A number of trucks sent to Mumbai from the market has reduced from 600 per day in recent times to around 300.
The day-long statewide strike called by the Mumbai Autorickshaw-Taximen's Union, the largest auto union in the city, began from midnight demanding ouster of call centre-operated Uber and Ola cabs besides revocation of Maharashtra government's decision to scrap the Hakim panel on auto and taxi fares.
While 392 people arrived in New Delhi in a C-17 heavy-lift aircraft of the Indian Air Force, another batch of 362 Indians were brought to Bengaluru.
Prime ministers turning up with such frequency to launch trains is an indication of the political mileage resident in public transport. Will our railways step out of the government's shadow? After all, they are the ones manufacturing trains and running them, notes Shyam G Menon.
At least 14 people died in a massive fire that broke out early on Friday morning in the Kamala Mills Compound in Lower Parel. Here are the shocking images of the blaze.
Though authorities and NGOs have made arrangements for their food, most of them want to go back to their native places to escape the hardship brought by the sweeping curbs.
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.
The farmers called off their agitation on Monday after the Bharatiya Janata Party-led government announced it has accepted "almost all" of their demands in writing and assured to implement them in a time-bound manner.
On Wednesday, September 28, on the eve of World Heart Day on September 29, Wockhardt Hospital Mumbai Central engaged with BEST -- Mumbai's public bus transport undertaking -- to create awareness of heart diseases by teaching CPR to 100 plus BEST staffers.
'Kangana Ranaut is not only the Sena's issue, but also of those who love Mumbai and Maharashtra'
In more than a decade since 2002, 60 fugitives were extradited or deported by foreign governments to India, which received a major victory in its fight to bring the perpetrators of the 26/11 Mumbai attacks to justice when a US federal court agreed to the extradition of Pakistani-origin Canadian businessman Tahawwur Rana to the country.
