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MMRDA DISPUTE
Bombay High Court rules in favour of RIL: Directs MMRDA to refund Rs 646 croreBombay High Court quashed a Rs 1,116 crore demand against Reliance Industries for alleged construction delays on its BKC complex. The court...
SC halts HC’s Rs 1,169 crore deposit order in MMRDA–Reliance metro disputeThe Supreme Court has put a hold on the Bombay High Court's order, which instructed MMRDA to deposit the entire arbitral award of Rs 1169 c...
HC asks MMRDA to deposit Rs 1,169 crore arbitral award in dispute with Reliance InfraThe Bombay High Court has instructed the MMRDA to deposit Rs 1,169 crore with the court registry, related to an arbitration award in its di...
Bombay HC dismisses L&T’s pleas against MMRDA’s bid process for Twin Road projectsThe Bombay High Court has dismissed Larsen & Toubro's petitions challenging MMRDA's decision to open financial bids for the Thane-Ghodbunde...
L&T moves SC against Bombay HC's decision on Rs 14,000 cr infra projects by MMRDALarsen & Toubro has approached the Supreme Court. They are contesting a Bombay High Court decision. The decision involves financial bids fo...
Several scams have taken place through Eknath Shinde, claims Aaditya ThackerayShiv Sena (UBT) MLA Aaditya Thackeray accuses Maharashtra Deputy CM Eknath Shinde of involvement in multiple scams, urging dismissal. Mahar...
French firm Systra accuses MMRDA of corruption, seeks diplomatic interventionFrench engineering firm Systra has alleged corruption and delays by the Mumbai Metropolitan Region Development Authority (MMRDA), citing un...
MMRDA grants two-month extension on ₹14,000 crore road projects after L&T challenge in Bombay HCLarsen & Toubro Ltd gains a significant win as the Mumbai Metropolitan Region Development Authority extends the deadline by 60 days for bid...
Bankruptcy court disposes off insolvency applications against Mumbai Metro OneMumbai Metro One was the first metro project awarded in the country on a public-private partnership (PPP) basis and entails the design, fin...
MMRDA seeks HC's nod for Metro car shed work at disputed siteOn Tuesday, when the Centre's petition in connection with the case came up for hearing before a division bench of Chief Justice Dipankar Da...
In Mumbai’s biggest building deal, US investor to pay Rs 2,500cr for BKC towerThe One BKC deal has been stuck for a few months owing to a dispute between Radius and MMRDA over payment for additional construction right...
Top stocks in focus on 20 November 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
'Reliance owes Rs 341 crore to MMRDA for BKC project delay'The amount is penalty on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC. It was to be deve...
Proposal for metro fare hike to be challenged in Supreme Court: Devendra Fadnavis, Maharashtra CMA spokesperson of MMOPL said that they are examining the FFC report, and will work towards a phased implementation of the new fare recommen...
Reliance Infrastructure out of Mumbai metro phase IIThe company and the Maharashtra government have “mutually” terminated the contract, Reliance Infrastructure said in a statement.
Mumbai Metro can charge Rs 10-40: Bombay High CourtThe fare is substantially higher than the Rs 9, Rs 11 and Rs 13 agreed by developer and operator Reliance Infrastructure in concession agre...
Mumbai metro train gets on track; Prithviraj Chavan launches servicesThe metro train services on the 11.4 km Versova-Andheri-Ghatkopar stretch, phase 1 of the project, will be available every four minutes.
- Activists worry over thinning green cover
he BMC approves the felling of about 10,000 trees a year, members of its Tree Authority say.
- Stocks to Watch: SpiceJet, Sun Pharma, Zydus Cadilla, HDIL,Ashok Leyland, Orbit Corporation
Crude oil prices fell on Tuesday as investors booked profits after a recent rally. US crude fell to $68.15 per barrel after hitting its hig...
- World Bank resumes funding for MUTP
The World Bank has decided to revive support for the Rs 4,526-crore MUTP.