Mumbai Metro, Axis Bank and Mastercard launch One Mumbai Metro Card

12 Jul 2021 CW Team

Mumbai Metro announced the launch of 'One Mumbai Metro Card' to ensure contactless and cashless travel for Mumbaikars on Thursday, along with Mastercard and Axis Bank. The open-loop contactless prepaid card may be used as a part of the daily transit journey with just a tap.

The card offers essential features such as easy to use, contactless and top-up, speed and convenience for one's metro fare, and other daily expenses such as restaurants, shopping and groceries.

One can purchase 'One Mumbai Metro Card' from Mumbai Metro Station counters.

A media statement says that Mastercard has continued to contribute to changing the way India commutes and helping the transit eco-system go completely digital with this solution.

This card can be used for all regular purchases like groceries, tickets, medicines and food. The Mastercard's solution enables the transit agencies to design, develop and deploy customised prepaid digital payment solutions, delivering an essential contactless transit experience to riders.

It is another step in helping the government digitise transport and build the country's digital economy, supported by the highest standards of safety that Mastercard is known for.

Sanjeev Moghe, EVP and Head, Cards and Payments, Axis Bank, told the media that this collaborated effort with Mumbai Metro One. Mastercard provides commuters with a unique and seamless payment experience, reducing the need for a customer to carry multiple cards and that it supports regular payments across retail and e-commerce through a single card and they are confident that that 'One Mumbai Metro Card' will encourage commuters to go digital, as India makes rapid strides towards becoming a cashless economy in this endeavour.

Image Source

Also read: Mumbai Metro: MMMOCL floats tender for track maintenance of line 7, 2A

Also read: Nagpur Metro: 25-storeyed building to be built on Patwardhan ground

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..