Having expanded its influence in Nepal with road and rail network through Tibet, China is now looking to stretch its railway link to Bihar to improve connectivity with India and South Asia, state-run Chinese media reported.
Author: admin (Infratructure Today)
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PM wants ministries to chalk out plan for better movement of coal
Prime Minister Narendra Modi has reportedly asked the ministries of coal, railways, shipping and power to work out a plan for better movement of coal though coastal and inland waterways and present the policy on the same to the cabinet.
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Fare Fixation Committee for Delhi Metro notified
The Ministry of Urban Development has notified the Fare Fixation Committee (FFC) for recommending the passenger fares for Delhi Metro network in Delhi and its extension to NCR.
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Bhopal, Indore to have light Metro rail
Bhopal and Indore will have driver-less light Metro rail instead of the Metro rail which the Japan International Cooperation Agency (JICA) has agreed to finance, according to officials of the Madhya Pradesh Metro Rail Company.
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Construct Mumbai Metro underground, demands group
A group of NGOs and citizen groups (under Apna Mumbai Abhiyaan), wants the Mumbai Metropolitan Region Development Authority (MMRDA) to construct the Mumbai Metro line II underground.
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VRL Logistics to start regional airline
The promoters of VRL Logistics are planning to start a regional airline. Company chairperson Vijay Sankeshwar and MD Anand Sankeshwar would set up a separate company to launch it.
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Bharti Airtel to sell 950 towers in Congo
Bharti Airtel has entered into an agreement with Helios Towers Africa (HTA) for divestment of about 950 towers in the Democratic Republic of Congo (DRC). The deal will help Airtel deleverage through debt reduction and reduced capital expenditure, though the size was not disclosed.
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Govt asks TRAI for comprehensive paper on Net neutrality
The Telecom Regulatory Authority of India (Trai) is coming up with a comprehensive paper on Net neutrality, which will define what it is and its key principles. The regulator will make its recommendations to the government soon.
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Airtel completes Rs.4,428 cr deal with Videocon Telecom
Bharti Airtel has said that it has completed the Rs.4,428 crore deal with Videocon Telecommunications Ltd (VTL) to acquire the latter´s spectrum in six circles. In March, Bharti Airtel and VTL had entered into a definitive agreement, wherein, Airtel proposed to acquire the rights to use 2X5 MHz spectrum in the 1800 MHz band allotted to VTL for an aggregate consideration of Rs.4,428 crore.
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Airports Authority of india chalks out Rs.15,000-cr upgrade plan
In its biggest-ever investment outlay, Airports Authority of India (AAI) has chalked out a plan to invest Rs.15,000 crore over the next four years in the development and upgrade of airports.