In a bid to acquire Bidvest’s 13.5 per cent in Mumbai International Airport, Adani Group has entered into a share purchase agreement with the company and has now secured its claim over the shares following an extension of the payment of purchase amount deadline from September 30 to November 7.
The National High Speed Rail Corporation (NHRCL) has set the ball rolling on fast-tracking the pre-construction work of the Mumbai-Ahmedabad Bullet train that stretches across 508 km. The High-Speed-Rail (HSR) line is estimated to cost Rs 1.08 trillion and will be expected to become functional by 2023 following the boost in construction.
Mapei India has opened a first-of-its-kind Excellence Centre at its Vadodara plant; the centre demonstrates the relationship between manufacturer and architect, from technical expertise and innovation, to providing bespoke project solutions in India and internationally.
In tune to the notification issued by the Government of Maharashtra, the GVK run, Mumbai International Airport announced its decision to ban plastic and put forth the guidelines for the ban which came into action on October 2.
The Mumbai Metropolitan Region Development Authority (MMRDA) has reportedly, called on domestic and international investors to fund its infrastructure development projects that are estimated to be worth around Rs 1 trillion.
National High Speed Rail Corporation (NHSRCL) has floated the third tender for the government's ambitious Mumbai-Ahmedabad bullet train project, with the invitation of bids for construction of civil and building works between Vadodara and Ahmedabad.