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Relief for L&T as MMRDA scraps tender

Financial Express Lucknow

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May 31, 2025

TAKEN TO COURT by Larsen & Toubro (L&T) which said it had been kept in the dark about the status of bids for two projects worth ₹14,000 crore — the Thane-Ghodbunder to Bhayandar tunnel and elevated road — the Mumbai Metropolitan Region Development Authority (MMRDA) informed the Supreme Court Friday that it had scrapped the tender process "in the larger public interest" and fresh tenders would be issued in due course.

- EXPRESS NEWS SERVICE

Senior advocate Mukul Rohatgi, appearing for MMRDA, told the bench of Chief Justice of India BR Gavai and Justices AG Masih and AS Chandurkar: "We have decided to scrap the two tenders. The government will decide what they want to do."

PLUS D'HISTOIRES DE Financial Express Lucknow

Financial Express Lucknow

Musk sues Microsoft and OpenAI, seeks over $134bn

ELON MUSK WANTS OpenAI and Microsoft to pay him damages in the range of $79 billion to $134 billion over his claims that the generative Al company defrauded him by abandoning its nonprofit roots and partnering with the software giant.

time to read

1 min

January 18, 2026

Financial Express Lucknow

Pop gummies? Here’s something to chew on

From sleep, anxiety to vitamin deficiencies, there seems to be a squishy, tasty solution for them all. But doctors sound a note of caution

time to read

5 mins

January 18, 2026

Financial Express Lucknow

DGCA imposes ₹22.2-cr penalty on IndiGo over Dec disruptions

THE DIRECTORATE General of Civil Aviation (DGCA) on Saturday imposed penalties totalling ₹22.2 crore on IndiGo.

time to read

1 min

January 18, 2026

Financial Express Lucknow

Are trains now the most luxurious way to travel?

From Angola to Turkmenistan, sumptuously outfitted railroad cars are taking passengers on over-the-top journeys back in time

time to read

4 mins

January 18, 2026

Financial Express Lucknow

INDIA'S NEW TASTEMAKERS

From handcrafted sauces, global spice blends to reimagined pantry staples, the condiment market is having a flavourful renaissance. Brands, in turn, are turning up the heat with innovation, reach and diverse product portfolios

time to read

10 mins

January 18, 2026

Financial Express Lucknow

DGCA slaps ₹22.2-cr fine on IndiGo

THE DIRECTORATE GENERAL of Civil Aviation (DGCA) on Saturday imposed penalties totalling $22.2 crore on IndiGo and initiated disciplinary action against several senior executives after a probe found that aggressive operational optimisation, weak regulatory preparedness and systemic management failures led to large-scale flight disruptions in early December 2025.

time to read

1 min

January 18, 2026

Financial Express Lucknow

No unemployment in India!

The replacement of MGNREGA by a supply-driven, guarantee-less, funds-constrained scheme will make matters worse for the rural poor who will face unemployment or under-employment

time to read

3 mins

January 18, 2026

Financial Express Lucknow

Pet parenthood the new family structure

Pets are replacing children with increasing frequency

time to read

4 mins

January 18, 2026

Financial Express Lucknow

Vehicles of ambition

When it comes to the business of life, mind over heart matters

time to read

4 mins

January 18, 2026

Financial Express Lucknow

Compact SUV slowdown to persist into '26

MODELS UNDER DEVELOPMENT include new compact SUVs from the Volkswagen group and Tata Motors, a strong-hybrid variant from Maruti Suzuki, and facelifts of existing bestsellers.

time to read

1 min

January 18, 2026

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