The general body members of the Navi Mumbai Municipal Corporation (NMMC) have rejected the Smart City proposal for the third time, reports the Times of India. The conditions cited to be included in the Smart City list are ´unacceptable and not in the best interest of the city´, these members said.
FlashNews:
India’s Logistics Cost to Hit Single Digits by December 2025: Gadkari
Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
Embraer-Mahindra Alliance to Deliver C-390 Millennium Transport Aircraft for IAF
Inland Waterway Haldia Multi-Modal Terminal Operationalised Under PPP Model
Digital Monitoring Led to Shutdown of 51 Stalled Projects in Northeast: Scindia
IndiGo Confirms 60 A350-900s, Signs Rolls-Royce Deal to Power Long-Haul Expansion
IndiGo to Launch Direct Athens Flights on India’s First Airbus A321XLR
DGCA Launches Auto-Generated Computer Numbers for Flight Crew via Pariksha Portal
India’s Digital Firewall Shields Millions from Spoof Calls, with Even Google Adopting It: Scindia
India Post Preps to Reboot as Logistics Giant Under Scindia’s Watch
India’s Grade A Warehousing Demand Hits Record 26.5 Million Sq Ft in 2025
IndiGo Integrates with Digi Yatra for Seamless, Contactless Boarding
CS TECH Ai Powers Khanij Online 2.0 Rollout for Transparent Mineral Governance in Chhattisgarh
IREE 2025: Schaeffler India Showcases Future-Ready Rail Solutions at IREE 2025
IREE 2025: Vaishnaw Unveils Bold 7,000-km High-Speed Rail Vision to Power Viksit Bharat
IREE 2025: Siemens Unveils Next-Gen Rail Technologies to Drive India’s Mobility Transformation
IREE 2025: RVNL Showcases Engineering Prowess at Asia’s Largest Rail Exhibition
Sonowal Unveils Eight Maritime Projects to Mark New Mangalore Port’s Golden Jubilee
Air India Adds 174 Weekly Flights Across Domestic and Southeast Asia Routes for Winter 2025
Navi Mumbai general body turns down Smart City proposal
The general body members of the Navi Mumbai Municipal Corporation (NMMC) have rejected the Smart City proposal for the third time, reports the Times of India. The conditions cited to be included in the Smart City list are “unacceptable and not in the best interest of the city”, these members said.
RB Infra plans to raise Rs.6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs.5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
RB Infra plans to raise Rs 6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs 5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
Addressing Infrastructure Financing Needs
After liberalisation, the government´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.
We will soon form an SPV for port connectivity projects
The state has a long coastline of 720 km, which is almost 10 per cent of India´s coastline. It´s well connected through 18 National Highways and nearly 6,000 km of the railway network.
Centre plans to give the Smart City project a ´branded´ look soon
Wary of state governments taking political advantage of the Modi government´s flagship Smart City
3rd Smart Cities Summit 2016
It was a day-long event that witnessed participation from over 70 distinguished speakers and a high-powered, 50-member Smart Cities Trade Mission led by Bruce Andrews, Deputy Secretary, US Department of Commerce.
APM Terminals Pipavav is the first public private partnership in the sector
APM Terminals Pipavav currently has a capacity to handle up to 850,000 TEUs of containers, 4-5 million MT of dry bulk cargo, 2 million MT of liquid cargo and about 250,000 cars per year. We are currently in the midst of an expansion primarily to increase the container handling capacity from 850,000 TEUs to 1.35 mn TEUs a year.
Bridging the gap
E-commerce has revolutionised the retail logistics in our country. It has opened up big opportunities in supply chain management. Definitely, this is a positive development for the logistics sector.