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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
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Sensex, Nifty off peaks as bulls take a breather
DNMUM387572 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :193

Mumbai: Indian markets traded in a taut range on the back of F&O expiry on Thursday to close with marginal losses. The BSE Sensex ended at 30029.74, after falling 103.61points, or 0.34%, while Nifty closed at 9342.15, after dropping 9.70 po
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Return, not label, matters in value and growth funds
DNMUM387573 | 4/28/2017 12:00:00 AM | Author : Tarun Birani | WC :695

A myth which has been around for a long time becomes a reality. In the same way, the perception towards categorising the funds as growth funds and value funds has been around long enough for us to believe that they exist and behave
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Go on a world tour…virtually
DNMUM387574 | 4/28/2017 12:00:00 AM | Author : Priyanka Golikeri | WC :470

Witness the great migration in the Maasai Mara in Kenya from a safari jeep. Get a feel of Italy’s crisp air while driving down the Amalfi Coast in a vintage car. Or go on a road-trip to uncover the spellbinding beauty of Iceland. All of this si
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Hudco to raise `1,200 cr in maiden float
DNMUM387582 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :134

Mumbai: Housing and Urban Development Corporation Ltd (Hudco) plans to raise Rs 1,224 crore through its initial public offer (IPO), in first such offering by a government-owned company in the last five years.The previous one, National Building
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