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DMRC SHORTFALL
DMRC faces Rs 15.54 crore shortfall in recovery due to poor quality of work by contractor: CAGThe CAG criticized the Delhi Metro for losing money. A contractor did poor work. The Delhi Metro paid for repairs and other costs. They tri...- Ph-4 may get delayed by 2-3 months, so not much cost escalation: DMRC chief on COVID-19 impactDuring the 169-day period when metro services were suspended starting March 22, the DMRC had suffered losses worth nearly Rs 1,300 cr, sour...
- DMRC diversifying funds into building toilets, complexesThe urgency to make money-spinners stems from the Delhi Metro's inability to raise adequate funds in the previous phases. Till 2012, it had...
- Delhi Metro sets up ‘exact change’ counters at 20 stations to curtail waiting timeA shortfall of around "3 lakh coins" per day has led to a situation where passengers often have to forgo the change amount, leading to lash...
- No decision yet on fare cut in Airport metro: GovtGovernment today said the public has given a representation to reduce fare in Airport metro line but no decision has been taken.
- Railways cuts plan outlay by Rs 4,000 crore for 2012-13The cutting down in total plan outlay due to shortfall in revenues through internal means is set to adversely affect spending on Railways' ...
- Funding pattern for Metro Phase III spelt out, DDA to chip in with 1,500 crThe wait for the third phase of Delhi Metro network is over. Sources in the urban development ministry confirmed that the empowered committ...
- Delhi may be short of 6,500 rooms for GamesA review conducted by the tourism ministry reveals a different reality — at least as far as availability of hotel accommodation during the ...
- Dial may delay payment for metro rail linkGMR-led consortium that manages the IGI Airport has approached the civil aviation ministry seeking more time to pay Rs 448 crore to DMRC.
- PINC Picks; Pratibha Ind, MIC Electronics, Maruti SuzukiPINC Research has maintained 'buy' on Pratibha Industries for a 12-month price target of Rs 480. The company's sales doubled to Rs 220 cror...
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