The Delhi High Court has allowed the Reserve Bank of India (RBI) to file an intervention application in the enforcement proceedings initiated by NTT DOCOMO against Tata Sons to realise a $1.17 billion international arbitration […]
The Supreme Court has dismissed claims made by telecom companies that radiation levels from cellular towers are within permissible limits. The apex court has asked the central government if there were ways to independently monitor […]
Reliance Communications (RCOM) has signed definitive agreements to merge its wireless operations with Aircel’s wireless business. RCOM and Maxis Communications Berhad (the Malaysia-based parent company of Aircel) will each hold a 50 per cent stake […]
The government has completed the telecom network roll-out in left-wing extremism-affected areas across 10 states. This is part of the government’s Pragati Programme which seeks to boost development in these areas. The project was undertaken […]
The Department of Telecommunications (DoT) has issued letters of intent to 60 firms, including Ritz Communication, Ambica Telecom Service, AXN Telecom, Ratna Telenet, AIMR Communication and Richa Telecom, for a virtual network operator (VNO) licence. […]
The government has received Rs 657.89 billion from the sale of 964.8 MHz of spectrum in the recent auction. The government was able to sell about 20 per cent of the airwaves in the 800 […]
In order to reduce traffic delays, the government has rounded off the fee payable at toll plazas that are built on a PPP basis. The toll fee has been rounded off on highways where developers […]
The MoRTH has launched the Indian Bridge Management System (IBMS). The IBMS is being developed to create an inventory of all bridges in the country and rate their structural condition to ensure timely repair and […]
The Maharashtra government has given its nod to the Mumbai-Pune expressway expansion and has sanctioned Rs 32.15 billion for the project. Under the expansion plan, aimed at cutting down overall travel time by 20 minutes, […]
NHAI has reportedly involved the State Bank of India, Punjab National Bank, IDFC Bank and digital wallet Paytm to issue radio frequency identification-based electronic toll collection tags. NHAI had initially tied up with ICICI Bank […]
The Department of Economic Affairs (DEA) has approved the implementation of highway projects worth Rs 69.62 billion ($1.04 billion) under the Bangladesh-Bhutan-India-Nepal (BBIN) road initiative. These involve the development of the 115 km Ukhrul-Tolloi-Tadubi highway […]
The MoRTH is planning to start inviting bids to monestise public-funded toll plazas in October 2016, under the toll-operate-transfer (TOT) model. In August 2016, the CCEA authorised NHAI to monetise public-funded national highway projects. Projects […]
The Ministry of Road Transport and Highways (MoRTH) has laid foundation stones for 12 major national highways projects worth Rs 106 billion at Ropar, Samrala and Jalandhar in Punjab. These projects include four-laning of the […]
The National Highways Authority of India (NHAI) will make a one-time fund infusion of Rs 3.5 billion for the implementation of the six-laning project for the Gurgaon-Kotputli-Jaipur section of National Highway (NH)-8. Widening and maintenance […]
The central government has proposed the development of a 35,000 km highway network across the country for faster freight movement. Global consultancy firm AT Kearney has identified 40 such economic corridors totalling about 35,000 km. […]
IR is planning to establish an aluminium coach manufacturing factory at Palakkad in Kerala. The tender for the factory, to be built under the PPP mode, is awaiting MoR approval. The decision has come into […]
IR’s finance arm, the Indian Railway Finance Corporation (IRFC) is planning to raise Rs 10 billion-Rs 20 billion through an issue of masala bonds. The rupee-dominated bonds will have a tenor of three to five […]
The MoR has launched a newly manufactured guard van of goods (freight) train at Safdarjung railway station, Delhi. This is the first time a guard van train has been equipped with a solar-powered light, fan, […]
The MoR has inaugurated a 28 km section between Hansdiha and Barapalasi in Jharkhand. The section will reduce the distance between Rampurhat and Bhagalpur by 156 km. Apart from this, an alternative route from Rampurhat […]
The MoR has launched various services for passengers such as liberalised station-to-station special freight rate policy (existing as well as new traffic will be eligible), providing a sub-quota of 33 per cent to women within […]
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