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Mumbai: India's first pod taxi service at the Bandra Kurla Complex (BKC) will cater to more than 100,000 commuters per day by 2031, the Mumbai Metropolitan Region Development Authority (MMRDA) said on Monday, a day ahead of the project's foundation stone laying ceremony. Daily ridership on the Automated Rapid Transport System (ARTS), popularly known as pod taxi, will surge to 112,000 by 2041, catering to more than 17% of those visiting the business district, the development authority said citin ...Read More >
New Delhi: To reduce congestion and cut travel time, India's financial capital, Mumbai, will get its first driverless personal rapid transit system -- pod taxi -- soon. The first phase of the project will be completed within 10 months. The Automated Rapid Transit System (ARTS) being developed between Kurla and BKC will ease last-mile congestion in the business district. It will connect major locations like LBS Marg, Kalanagar, and BKC, linking Bandra and Kurla suburban railway stations. The Mu ...Read More >
MUMBAI: Mumbai's first driverless pod taxi system, aimed at easing last-mile congestion in the Bandra Kurla Complex (BKC), will see its first phase completed within 20 months, Maharashtra chief minister Devendra Fadnavis said on Monday.The announcement sets a clear timeline for the city's first personal rapid transit system, designed to connect key transit points and reduce dependency on multiple modes of transport.Fadnavis performed the bhoomi pujan for the 3.36-km Phase I stretch, formally lau ...Read More >
Mumbai: The first phase of Mumbai's BKC pod taxi project will be completed within 20 months, chief minister Devendra Fadnavis said on Monday, setting a timeline for the city's first driverless personal rapid transit system aimed at easing last-mile congestion in the business district.Fadnavis performed the bhoomipujan of the 3.36-km Phase I stretch along with deputy CMs Eknath Shinde and Sunetra Pawar, formally launching work on the project.The initial corridor will connect Kurla terminal statio ...Read More >
Mumbai is set to get a driverless Pod taxi system. The Automated Rapid Transit System will connect Kurla and Bandra Kurla Complex. This project aims to improve last-mile connectivity for daily commuters. The system will feature AI-based pods running on battery power. It is expected to reduce traffic congestion and travel time.Maharashtra Chief Minister Devendra Fadnavis on Tuesday performed the groundbreaking ceremony for the driverless Pod taxi project, an Automated Rapid Transit System being d ...Read More >
Mumbai, Apr 7 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Tuesday performed the groundbreaking ceremony for the driverless Pod taxi project, an Automated Rapid Transit System being developed between Kurla and BKC in Mumbai, to provide last-mile connectivity for daily commuters. Deputy Chief Ministers Eknath Shinde and Sunetra Pawar were present at the function along with the chief minister at the Diamond Garden metro station in Chembur. Fadnavis said that all necessary approvals for ...Read More >
Mumbai, Apr 7 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Tuesday performed the groundbreaking ceremony for India's first Pod taxi project, an Automated Rapid Transit System being developed between Kurla and BKC in Mumbai to provide last-mile connectivity for daily commuters. Deputy Chief Ministers Eknath Shinde and Sunetra Pawar were present at the function along with the chief minister at Dimond Garden metro station in Chembur. The Mumbai Metropolitan Region Development Authority ( ...Read More >
Mumbai: The Infrastructure Leasing and Financial Services Ltd (IL&FS) has approached the National Company Law Tribunal (NCLT) to scrap the Canadian asset management firm Brookfield's Rs1,080-crore bid for its flagship BandraKurla Complex property. IL&FS filed a petition in NCLT Mumbai bench on June 26, seeking to dismiss the Brookfield-backed bid for its flagship BKC property, the IL&FS Financial Centre (TIFC), citing bidder disqualification and non-compliance with bidding conditions. In its p ...Read More >
Mumbai, Jul 3 (PTI) The Infrastructure Leasing and Financial Services Ltd (IL&FS) has approached the National Company Law Tribunal (NCLT) to scrap the Canadian asset management firm Brookfield's Rs 1,080-crore bid for its flagship Bandra Kurla Complex property. IL&FS filed a petition in NCLT Mumbai bench on June 26, seeking to dismiss the Brookfield-backed bid for its flagship BKC property, the IL&FS Financial Centre (TIFC), citing bidder disqualification and non-compliance with bidding conditi ...Read More >
MUMBAI: In an important development, a special PMLA (Prevention of Money Laundering Act) court on June 25 allowed restoration of assets ₹952 crore attached by the Enforcement Directorate (ED) in a money laundering case against Infrastructure Leasing & Financial Services Ltd (IL&FS), its group companies, and associated entities. The property - Surat-based plant of Vadraj Cement Limited - would be restored to Nuvoco Vistas Corporation Ltd, which has taken over the defunct company through a resolut ...Read More >
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