IIFL Finance’s NCD Issue Oversubscribed 4.75x, Closes Early

KMRL Invites Bids For Metro Phase 2 Station Works

Kochi Metro Rail Limited (KMRL) has invited bids for completing the balance works related to the construction of entry and exit buildings at Civil Station Junction and Cochin SEZ Metro Station, as part of Phase 2 of the Kochi Metro project.Phase 2 covers a single corridor — the Pink Line — running 11.2 km between JLN Stadium and Infopark II, with 11 stations. The latest tender is aimed at finalising station access works, excluding architectural and building service components.According to tender documents, the estimated cost of the contract is Rs 1.99 billion. The pre-bid meeting is schedu..

Tamil Nadu Clears Preparatory Work For New Chennai Metro Line

The Tamil Nadu government has granted administrative sanction for the preparatory work on the 21.76-km Koyambedu–Avadi–Pattabiram metro corridor. This approval allows Chennai Metro Rail Limited (CMRL) to begin land acquisition, utility shifting, and other groundwork while awaiting clearance from the Union government.The State government had already approved the project in May and submitted the detailed project report to the Centre. However, the Ministry of Housing and Urban Affairs has also requested a Comprehensive Mobility Plan (CMP) before granting final approval.According to an order i..

Metro-14 To Link Kanjurmarg With Badlapur In Thane

Mumbai’s metro network is set for a major expansion with the proposed Metro-14 line, connecting Vikhroli/Kanjurmarg in eastern Mumbai to Badlapur in Thane district. Spanning between 38 km and 45 km, the project promises to drastically cut the current 1.5–2 hour road commute to a matter of minutes.The line will feature a mix of underground, elevated and at-grade stretches — running underground from Kanjurmarg to Ghansoli, before shifting to elevated tracks up to Badlapur. Key stations under consideration include Kanjurmarg, Vikhroli, LBS Marg, Chikoli, Shil Phata, Mahape, Ghansoli, Airoli..