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Tag: Mumbai
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India imports Afghan dry fruits via Iran port
Through the Chabahar port in Iran, India has directly received its first batch of commodities-20 containers of Afghan dry fruits-from Afghanistan. The consignment arrived in Mumbai on ships over the last weekend. This was a success of cooperation between India, Iran and Afghanistan. The sea route is an alternative to the Karachi port in Pakistan.
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Mumbai to have first branch of Bharatiya Mahila Bank
Mumbai's Nariman Point, the city's premier business district, is to have India's first bank exclusively for women by next November. It is called Bharatiya Mahila Bank and is going to be opened in the iconic Air India building in the area. The first branch of the bank will be in a 5,000 sq ft space in the building.
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The new bill in its current form is seriously flawed in some ways
Land acquisition is the single most important reason for Mumbai's much-awaited, dispute-ridden metro rail to be repeatedly postponed and for the cancellation of its second line. Sumit Banerjee, CEO-Infrastructure, Reliance Infrastructure and Vice Chairman at Reliance Cement, explains to Shashidhar Nanjundaiah whether the current Land Acquisition Bill could have helped.
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Mumbai Metro to be commissioned this year
Mumbai likely to have its Metro rail service by this year end, said the project executing company Reliance Infrastructure on August 27. The company added that it is waiting for requisite approvals. The firm is planning expansion of the metro line. Once it started, the Mumbai Metro rail can accommodate seven lakh passengers a day.
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Only 52 potholes on 652 newly-built Mumbai roads: Report
Mumbai's 652 newly-constructed roads have only 52 potholes, SGS India private Ltd, a Switzerland - based third party auditor, has stated in its report submitted to the Brihanmumbai Municipal Corporation. According to the report, it found only 52 potholes, which disturbed just a fraction — 0.028 per cent — of the total area of roads built by contractors under its supervision.
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Eight firms compete to build 4th JNPT terminal
For building the Rs 8,000-crore fourth terminal at the country's largest port Jawaharlal Nehru Port Trust (JNPT) in Mumbai, eight big companies have expressed their interest. JNPT said that it opened the request for qualifications for the mega terminal project and a total of eight companies have applied. APM Terminals, Port of Singapore Authority, JM Baxi & Company, Mediterranean Shipping Company, Sterlite Ports, Adani Ports, Essar Ports and Dubai Port World are the eight companies competing for
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Supreme Infra bags Rs 1,111 cr orders
Supreme Infrastructure India has bagged orders worth Rs 1,111.90 crore. In West India, in Mumbai, Supreme Infra has secured Rs 150 crore contract for a Sewage Treatment Plant at Bhayendar and Rs 145.4 crore contract from MSEDCL in joint venture with Patwari Electricals.
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Moily says gas price hike key for tapping new reserves
Union Minister for Petroleum and Natural Gas Marpadi Veerappa Moily has said that due to the increase in gas price, new hydrocarbon blocks in Tripura and Cauvery basin will become commercially viable. Even the Directorate General of Hydrocarbons has said that a price of more than $4.2 per million British thermal unit (mBtu) was required to make some of the gas discoveries commercially viable. These reserves are currently lying untapped due to the current gas price of $4.20 per million British th
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Surat airport to get strongroom to boost diamond export
Surat's gain is Mumbai's loss. Diamantaires in the Rs 80,000-crore world's biggest diamond cutting and polishing centre would no longer require to send their precious diamonds for export to Mumbai. Surat airport is all set to be equipped with a strongroom to handle precious cargo by July-end. Airport Authority of India (AAI) has given its approval to the proposal.