Air India launched daily flight services on the Ahmedabad-London route via Mumbai from December 15, 2015. Dreamliner B787 aircraft will cater to the route. Passengers are not required to alight for security checks or change […]
Bharti Airtel has completed the acquisition of 74 per cent stake in Augere Wireless Broadband India. The operator had announced its decision to acquire Augere Wireless in August 2015. The same was approved by its […]
PNC Infratech Limited has announced the completion of a transaction involving the sale of equity shares of Jaora-Nayagaon Toll Road Company Limited (JTCL) to Viva Highways Limited for a consideration of Rs 341.94 million. PNC […]
Tata Power Company Limited has refinanced outstanding rupee loans to the tune of Rs 38.64 billion for its 4,000 MW Mundra ultra mega power project (UMPP) in Gujarat. This is likely to yield savings of […]
The Punjab government has sanctioned Rs 4.16 billion for undertaking various infrastructure projects in SAS Nagar, Mohali. A sum of Rs 261.8 million has been earmarked for undertaking various water supply projects in the district. […]
The Committee on Revisiting and Revitalising the PPP Model of Infrastructure Development has submitted its report. The committee has suggested broad guidelines for the next generation of public-private partnership (PPP) contracts, while allocating and managing […]
The Andhra Pradesh government has sanctioned an amount of Rs 50 million to the Amaravati Metro Rail Corporation for the Vijayawada (Amaravati) Metro Rail Project Phase I. The project involves the development of a 26.03 km […]
The Ministry of Communications and IT (MoCIT) is likely to receive 150 MHz of spectrum in the 1700 MHz-2000 MHz band from the defence forces by March 2016. According to the Department of Telecommunications (DoT), […]
The Committee on Revisiting and Revitalising the PPP Model of Infrastructure Development has submitted its report. The committee has suggested broad guidelines for the next generation of PPP contracts, while allocating and managing risks. As […]
The Department of Economic Affairs (DEA) under the Ministry of Finance (MoF) has approved a sum of Rs 33.1 billion as a project loan and Rs 8.28 billion as the policy loan component for the […]
Indira Container Terminal Private Limited commenced container handling operations with a call from VSL Bahri Yanbu 006 at its offshore berth at the Mumbai Port Trust. The offshore project was awarded on a 30-year operating […]
The Ministry of Civil Aviation (MoCA) has postponed a plan to impose a 2 per cent levy on domestic and international air tickets. This was earlier proposed to be effective from January 2016 under the […]
India is yet to mature to global standards in terms of being a public-private partnership (PPP) market. A number of projects implemented in the PPP mode have failed to bring in desired results. Revisiting the […]
The Telecom Regulatory Authority of India (TRAI) has issued a consultation paper on the “valuation and reserve price of spectrum” in seven bands: 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz […]
After Ahmedabad and Vadodara, Surat is the third Indian city to have successfully implemented a bus rapid transit system (BRTS). The BRTS project, which was approved in 2008, was launched under the banner of “Sitilink” […]
Safety on Indian Railways (IR) is of utmost importance and requires overseeing the safety of many different classes of stakeholders. It involves the safety of passengers, employees, users of level crossings, and of those who […]
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