A total of Rs.2 lakh crore will be spent on expanding as well as building new roads in Maharashtra in next five years, Union Minister Nitin Gadkari said here today.
FlashNews:
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No quick way to end Navi Mumbai airport woes: Raju
The government is considering several options, including building a runway on the sea and connecting the Juhu airport with the Mumbai airport to end its perennial problem of congestion that causes innumerable flight delays, but there´s no immediate solution in sight, Civil Aviation Minister Ashok Gajapati Raju said.
Smart Safety Link gets upgrade
Bosch Security Systems has introduced a new release of its Smart Safety Link, easing the interfacing of fire panels and voice evacuation systems even further. Smart Safety Link uses the IP protocol to connect Bosch fire panels and voice evacuation systems and to configure them accordingly.
L&T bags projects worth Rs.5,492 cr
Larsen & Toubro (L&T) Construction arm has bagged orders worth Rs 5,492 crore across various segments in March. In the building and factories segment, L&T Construction has won projects, including a major order for construction of a mix use development complex in Mumbai.
Smart grid and solar leverages VC funding
While VC funding in smart grid jumped to $185 million globally in the first quarter of 2015, the solar sector drew the maximum attraction with $6.4 billion funding in the same period. What´s more, there was a record growth in residential and commercial solar funds to the tune of $1.9 billion.
India represents significant geographic opportunity
First of all, we see India as a market for Trimble´s core businesses. In general, Trimble as a company attempts to apply world-class technology in the overall construction segment in order to bring efficiency, productivity, safety and quality.
´Ease rules for TAPI project´
With the construction of the $10 billion TAPI pipeline stuck for want of a credible operator, India has pressed Turkmenistan to relax its domestic law to help get an international firm for building the project.
Navi Mumbai bridge revamp
Mumbai Metropolitan Region Development Authority will have to change the alignment for the Ghatkopar-Ghansoli-Koparkhairane after the civic authority raised objection against building the flyover via the Kanjurmarg dumping ground
Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
Initial green nod for Mumbai coastal road
An ambitious coastal road from Mumbai´s Nariman Point to Kandivali may be finally taking shape. CM Devendra Fadnavis has told the State Assembly that Environment Minister Prakash Javadekar has given an in-principle approval to the project.




