Mumbai

MMRDA invites bids for developing a common mobility phone app

MUMBAI (Metro Rail News): The metropolitan city has initiated its first step towards contactless travel. As per media reports, The Mumbai Metropolitan Region Development Authority (MMRDA) has invited bids for getting a mobile technology partner on its board for development, operation and maintenance of a common mobility application under its integrated ticketing services (ITS) project. Responding to the problems created by the pandemic, the ...

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Delhi-Mumbai Expressway Project: NHAI invites private players for bidding in three packages

The three packages under Sohna-Mumbai expressway includes a 58-km stretch that passes through Delhi with an aim to decongest Delhi in the coming years. The National Highways Authority of India (NHAI) on Monday invited applications from private players as part of the bidding process for three packages for the Delhi-Mumbai expressway project. The bids have already been invited for two ...

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MRUC puts IRS 2020 on hold, refunds subscribers’ payment

Given the present circumstances that make it impossible to do an on-ground survey, it is unlikely IRS will return for another year or two. Circulation of newspapers remains less than 75% of pre-Covid level The board of Media Research Users Council (MRUC India) has decided to refund the payments to their subscribers collected for IRS 2020. The council has informed ...

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IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

About 50% of the debt is expected to be resolved by March 2021, the indebted infrastructure lender’s board said in a progress report, with 18% already addressed as of June end, the IL&FS said Till June 30, 2020, IL&FS has addressed debt of ₹17,640 crore from a combination of completed asset sales, debt repayment to green entities MUMBAI/BENGALURU : Infrastructure Leasing & ...

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Rupee slips 5 paise to 74.98 against US dollar in early trade

Rupee had settled at 74.93 against the US dollar on Tuesday. The rupee opened on a positive note at 74.88 at the interbank forex market, but soon lost ground and touched 74.98 against US dollar, down 5 paise over its last close. Mumbai: The rupee depreciated 5 paise to 74.98 against the US dollar in opening trade on Wednesday tracking weak domestic ...

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Railway privatisation: Roadmap ready for bidding, revenue sharing — check details here

Each train will have a minimum of 16 coaches, and will run at a maximum speed of 160 kmph. The Indian Railways on July 6 laid out the contours of the public-private partnership (PPP) for operating passenger trains in Mumbai. The private entities for undertaking the project would be selected through a two-stage competitive bidding process comprising Request for Qualification ...

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New private trains will beat Rajdhani Express, Indian Railways invites bids

Indian Railways said that each new train shall have a minimum of 16 coaches.. This will be the first initiative of private investment for running passenger trains over Indian Railways network, the railway ministry saidIndian Railways will choose private entities through a two-stage competitive bidding process — Request for Qualification (RFQ) and Request for Proposal (RFP) Indian Railways today said it ...

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