You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Four bidders line up for Mumbai cruise terminal

DNMUM385261 | 3/21/2017 | Author : Ateeq Shaikh | WC :373



Mumbai: The plan to modernise and expand the city’s international cruise terminal has moved a step further with Mumbai Port Trust (MbPT) receiving four bids for the project.
Among companies looking to bag the project include Aakruti Engineers, Paresh Constructions & Foundation, Oman-based firm Al Adrak Trading & Contracting and Ghunwant. Pegged at around Rs 197 crore, the project involves facelift and expansion of the Mumbai International Cruise Terminal (MICT).
Sanjay Bhatia, chairman of MbPT, said, “The four bids received on Friday were opened on Saturday. Our officials are now scrutinising the technical bid documents.”
The project will be implemented in two phases; the first phase of the modernised MICT will be ready in 2018 wh
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

Yields may hit 6.55%; buying may pick up
DNMUM394938 | 8/21/2017 12:00:00 AM | Author : N S Venkatesh | WC :274

A short week, by courtesy of two public holidays, was characterised by some unfortunate terror atrocities in both Spain and Finland in the international arena while local market participants got to analyse two key pieces of news: the much-await
Add To LightboxCalculate Price

A jackpot in one-stop shop
DNMUM394939 | 8/21/2017 12:00:00 AM | Author : Priyanka Golikeri | WC :546

Leaving no stone unturned in servicing customers, a string of multi-service start-ups are attempting to carve a space for themselves in an environment that rides high on volatility and shutdowns. Offering every service, from event organisation,
Add To LightboxCalculate Price

Home buyers yet to reap benefits of GST
DNMUM394945 | 8/21/2017 12:00:00 AM | Author : Ateeq Shaikh | WC :598

Mumbai: The goods and services tax (GST) was expected to bring down real estate prices, but it hasn’t happened into almost two months of the new taxation regime.Developers do not see prices coming down under GST due to a plethora of reaso
Add To LightboxCalculate Price

Bull-run helps many stocks regain pre-split value
DNMUM394946 | 8/21/2017 12:00:00 AM | Author : Kumar Shankar Roy | WC :637

Kolkata: Companies that went for stock split last year are reaping rich gains in the current bull-run.One out of every seven stocks that went for stock-split since January 2016 has recouped at least 50% of its original value in the rally that began i
Add To LightboxCalculate Price