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

Funds-in-waiting to keep yields within 6.45-6.55%
DNMUM391245 | 6/26/2017 12:00:00 AM | Author : N S Venkatesh | WC :280

For once, the Indian markets focused more inwardly than ever before as implementation of goods and services tax (GST) from July 1, impact of farm loan waivers on the broader economy and fiscal conditions and finally a well diverging Monet
Add To LightboxCalculate Price

‘We won’t go overboard in adding routes’
DNMUM391247 | 6/26/2017 12:00:00 AM | Author : Shahkar Abidi | WC :1005

Wolfgang Prock-Schauer, managing director and CEO of GoAir, believes that a low-cost carrier (LCC) flying over short- and medium-haul distance in a fast-growing economy like India makes for a good business model. Former CEO of Jet Airways
Add To LightboxCalculate Price

The entrepreneurial employee
DNMUM391250 | 6/26/2017 12:00:00 AM | Author : Priyanka Golikeri | WC :434

Attrition is nerve-wracking for any company. More so for a start-up. As entrepreneurs face the scourge of attrition, the need for employees invested in the core venture appears stronger than ever before.Thiagarajan Rajagopalan, co-founder of Sh
Add To LightboxCalculate Price

Historic gaffes called farm loan write-offs
DNMUM391251 | 6/26/2017 12:00:00 AM | Author : Anto T Joseph | WC :562

“The future belongs to nations with grains and not guns,” M S Swaminathan once wrote. India’s most famous agricultural scientist, who relentlessly tried to build a world without hunger, had a decade ago called for fixing minimum support p
Add To LightboxCalculate Price