RLDA invites online bids for leasing four land parcels in Chennai ANI | Updated: Feb 12, 2021 11:37 IST
New Delhi [India], February 12 (ANI): Rail Land Development Authority (RLDA) on Thursday invited online bids for leasing four land parcels cumulatively spanning 7.36 acres in Chennai for the period of 45 years.
According to RLDA, two of the land parcels of 2.5 acre each are at Ayanavaram Railway Colony along the Konnur High Road and Duncan Road while two other land parcels are located at Waltax Road measuring 0.27 acre and at Pulianthope 2.09 acre. Chennai has emerged as a real estate hotspot due to the growth of the IT/ITes sector, infrastructural developments and conducive policy landscape over the past few years. These sites possess excellent location and connectivity. The real estate development at these sites will bolster prices, generate employment opportunities and boost the local economy, said Ved Prakash Dudeja, Vice Chairman,
KUALA LUMPUR (Feb 9): Former prime minister Datuk Seri Najib Razak is alleged to have received a total of US$971 million (RM2.973 billion) said to have originated from 1Malaysia Development Bhd (1MDB), without any commercial or business justification, the prosecution in the condo raid of 2018 told the High Court here.
Describing the amount as gargantuan , the discovery follows the investigations conducted by the police s Commercial Crime Unit, that found the three tranches of payment made to the former premier s AmBank account whose last three digits are 9694.
The three tranches of payment are said to be ill-gotten gain, and investigations of the police unit s Anti Money-Laundering by Supt Foo Wei Min found the movement of monies from Good Star (US$120 million in five transactions between 2011 and 2012), Aabar stage (US$170 million six transactions in 2012) and the Tanore stage (three transfers in March 2013).
In 2020, the effects of the Covid-19 pandemic during which minimising interactions and physical distancing are promoted were exceptional. But at the same time, developments in the tech industry were tremendous.
The exponential growth of technologies has disrupted traditional industries at an ever-increasing pace. Furthermore, the pandemic has basically put these changes into hyperspeed. Never have we had the opportunity to rewrite entire sectors, redefine the problems they address and reinvent their solutions. There is an urgent need to create resilient local industries to ensure businesses survive come what may, and continue to support national growth.
It is crucial that Malaysia accelerates its capacity for innovation to remain competitive in a world on the cusp of super connectivity. Deep technologies such as semiconductors and sensors have brought digitalisation to our doorstep which, in turn, has enabled information to be transmitted at the speed of light. Digitalisation h
NEW DELHI: Nine major players, including GMR Highways, Adani Railways and realtor Omaxe are in the fray for redevelopment of New Delhi railway station entailing an investment of around Rs 6,500 crore.
Along with the modernisation of Mumbai s Chatrapati Shivaji Maharaj Terminus (CSMT), the capital s key station is among the most prominent asset monetisation and railway modernisation programme being undertaken by the Centre.
Rail Land Development Authority (RLDA), which has been tasked to undertake the redevelopment, said BIF IV India Infrastructure Holding, ISQ Asia Infrastructure Investments, Anchorage Infrastructure Investments, Kalpataru Power Transmission, Arabian Construction Company and Elpis Ventures have also participated in the technical bidding for the station.
Updated Feb 04, 2021 | 08:03 IST
New Delhi Railway Station Redevelopment is a flagship project of the RLDA, and the first to be undertaken on the Transit-Oriented Development (TOD) concept in Delhi-NCR. The New Delhi Railway Station will be redeveloped into a world-class station in line with global standards with dome-shaped terminal buildings 
New Delhi: Nine major global and domestic companies including GMR Highways, Adani Railways and realtor Omaxe are in the race to bag the redevelopment project of New Delhi railway station entailing an investment of around Rs 6,500 crore.
Worth mentioning here is that Mumbai’s Chatrapati Shivaji Maharaj Terminus (CSMT) and the capital s main railway station are among the most prominent asset monetisation and railway modernisation programme being undertaken by the Centre.