The Special Purpose Vehicle (SPV) Metrolink Express for Gandhinagar and Ahmedabad (MEGA) was awarded the Best Display Award at the recently held Vibrant Gujarat Global Trade Show 2013. On display were MEGA?s miniature models of metro depots and stations. Other features of the Metro on display were the elevated structures, ballast-less tracks, driver less air-conditioned coaches, GPS based rail trackers, ...

Delhi Metro Rail Corporation (DMRC) has awarded a major contract worth ? 546 crore to a consortium of ITD Cementation and Italian-Thai Development Public Company, Thailand. The project involves among other things, construction of a 9,305m long elevated metro track and eight elevated metro stations as well as architectural finishing and drainage work, with a completion time of 30 months. ...

IL&FS Financial Services and Life Insurance Corporation of India (LIC) have launched a ? 5300 crore fund to invest in road, ports and power projects. The fund which has been cleared by the Securities and Exchange Board of India (SEBI) will raise funds from domestic and foreign investors. LIC is likely to hold a stake of up to 30% in ...