Dnd

IL&FS to monetise its entire stake in DND flyover connecting Delhi to Noida

IL&FS has decided to sell its entire 26 per cent equity stake in Noida Toll Bridge Company Ltd (NTBCL), which owns and maintains DND flyover connecting Delhi to Noida. IL&FS has decided to monetise this marquee DND flyover, which was built in 2001, as one of the first roads to provide seamless connectivity from Delhi to Noida. IL&FS has around 26 per cent stake in NTBCL, while the Uttar Pradesh government has 5 per cent stake. The remaining shares in the listed company are with the public. The Board has decided to call for a public process to divest its share in the road project and would soon be inviting bids under this initiative, sources said. IL&FS spokesperson confirmed the decision saying "monetisation of road assets is in accordance with the approved resolution framework." The proceeds of the sale would be used for reduction of debt of IL&FS, sources said. So far, IL&FS has resolved an aggregate debt of Rs 57,000 crore and discharged an aggregate debt of

90% respondents getting pesky calls despite being in DND list: LocalCircles

Around 90 per cent of people surveyed stated that they are getting pesky calls from individuals selling financial services, real estate projects and other products despite being registered on the Do Not Disturb list, says a survey by LocalCircles. A vast majority of respondents surveyed have shared that they get spam calls every day and most of the calls are from individuals selling financial services and real estate products and services, according to the survey. The survey comprising seven questions claims to have received 60,000 responses from 378 districts but the number of replies on each question varied. In response to a question on the number of calls that people get, 90 per cent of respondents shared that they get at least 1-2 calls daily while 3 per cent said that they get over 10 pesky calls daily. Similarly, 90 per cent of respondents shared that they have been getting unwanted, pesky, sales promotional or robo phone calls on their mobile number in the last 12 months ...

Curbs on Ashram-DND flyover removed, route opened for heavy vehicles

The Ashram-DND flyover extension has now been opened for heavy vehicles after the low-hanging high-tension wires were lifted to a safe level, officials said on Monday. Delhi Public Works Department (PWD) Minister Atishi said the successful lifting of these wires has allowed all vehicles to use the route without any restrictions. "The movement of heavy vehicles on the Ashram DND flyover extension was restricted as a precautionary measure to ensure the safety of commuters in the vicinity of the high-tension wires. However, with the assistance of the concerned department, the PWD has successfully lifted the wires, allowing all vehicles to use this crucial route without any restrictions," Atishi said. Earlier, heavy vehicles were restricted from using the flyover resulting in longer travel times and congestion on alternate routes. Now, with the removal of restrictions, the reduced travel time for both commercial and private vehicles will lead to improved efficiency and less congestion,

Trai's DCA platform for stemming out spam, pesky calls in next 2-3 months

The DCA will accelerate the process of getting consumer consent on the distributed ledger technology platform (DLT) mandated by Trai

Protest at DND flyway prompts security beef up at Delhi-Noida border

The Gautam Buddh Nagar police heightened security at the DND border amid a protest in Delhi by people demanding justice for a businessman who had killed himself a month ago, alleging blackmailing

Traffic snarls at DND flyway as Delhi reopens borders with UP, Haryana

Heavy vehicular traffic was witnessed at the DND, Kalindi Kunj-Noida, Ghazipur-Delhi and Delhi-Gurugram borders

Keeping contract operational a challenge

Experts point out that lack of bidding makes contracts vulnerable. Contracts not bid out by governments come in for scrutiny and are more prone to be questioned

DND flyway toll free, SC refuses to stay Allahabad HC order

'You have only 10 kms of highway and you claim that you have made a road to the moon,' SC said

SC refuses to stay Allahabad High Court order on DND flyway

A M Singhvi says that the balance of convenience is in favour of a stay and the company was willing to remit the weekly collection in an escrow account

Supreme Court declines to stay high court order; DND flyover to remain toll-free

Senior counsel A M Singhvi urged the apex court to stay the court order citing the company's negative revenues for several years

Supreme Court agrees to hear plea on DND toll tax

The PIL, which was filed in 2012, had challenged the "levy and collection of toll in the name of user fee by Noida Toll Bridge Company"

No toll tax for DND users, orders Allahabad HC

PIL filed in 2012 challenged levy and collection of toll in the name of user fee by Noida Toll Bridge Company