Mumbai: BMC plans pedestrian subway linking metro, racecourse, and Haji Ali parking hub
The objective is to ensure seamless movement between the metro, racecourse, and coastal amenities.
The main subway will run from the Nehru Science Centre exit of the Acharya Atre Chowk Metro station to Mahalaxmi Racecourse, with a branch extending 120 meters. The main stretch of the subway will be 1 km long and 7.5 meters wide. Two design options are under consideration — one that connects the subway to the car park and another that doesn't.
If connected, the subway will have a width of 18 to 25 meters at the preliminary stage.
To take this forward, the MMRCL will appoint a consultant for a detailed feasibility and project report. A Memorandum of Understanding (MoU) will be signed between BMC and MMRCL to define roles, responsibilities, and obligations.
You Can Also Check:
Mumbai AQI
|
Weather in Mumbai
|
Bank Holidays in Mumbai
|
Public Holidays in Mumbai
Two exits of the Acharya Atre Chowk Metro station are currently under consideration for the subway connection: one near Worli Naka and the other near the Nehru Science Centre.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Giao dịch CFD với công nghệ và tốc độ tốt hơn
IC Markets
Đăng ký
Undo
The Haji Ali Car Parking Hub, originally designed as a 2-level underground structure, has been revised to a 4-level design. It will now accommodate 1,200 cars. This redesign became necessary after the cancellation of a proposed public parking lot at Amarsons Interchange in Breach Candy.
Meanwhile, 70 hectares of open space around the racecourse are being developed by Reliance Industries Limited, making it South Mumbai's largest open space development.
Get the latest lifestyle updates on Times of India, along with
Doctor's Day 2025
,
messages
and quotes!
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Small businesses go online: More than half of MSMEs prefer UPI transactions; women lead in Aadhaar banking
Almost half of the micro, small and medium enterprises (MSMEs) surveyed across India prefer UPI as their main way to handle transactions and grow their business, a new report by PayNearby has revealed. The MSME Digital Index Report found that 48% of respondents chose UPI as their most preferred payment method, followed by Aadhaar-enabled banking at 39%. Among women entrepreneurs, Aadhaar banking was even more popular, with 42% favouring the secure system that uses fingerprint or face recognition, PTI quoted the report. The survey covered 10,000 individuals and MSMEs working in retail-focused sectors such as kirana shops, mobile recharge outlets, chemist stores, customer service points (CSPs), and travel agencies. It also showed that smartphones have become the primary device for business operations, with 71% of all respondents using them. Among women business owners, this figure went up to 84%. When asked about the benefits of going digital, one-third of MSMEs said they had seen better operational efficiency. Meanwhile, over 73% of small businesses in semi-urban and rural areas reported either increased income or smoother day-to-day operations thanks to digital tools. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Sensação de queimação nos pés? Insira essa receita ao acordar G!Saú Undo A small but growing number, 7%, have also started using automated or AI-powered solutions such as inventory management apps, automated billing, and customer engagement platforms. Anand Kumar Bajaj, Founder, MD & CEO of PayNearby, said, 'The MSME sector is the backbone of Bharat's economy, and the rapid adoption of digital tools such as smartphones, UPI, Aadhaar-enabled banking, and emerging AI workflows is proof that this segment is embracing modernisation.' PayNearby is a DPIIT-certified firm that offers branchless banking and digital services across the country. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
an hour ago
- Time of India
Is Elon Musk secretly hoarding this rare asset? The internet thinks it's figured it out
Elon Musk quietly stacking Bitcoin? Here's why crypto watchers are buzzing- Billionaire Elon Musk is once again in the spotlight — not for rockets or electric cars this time, but for something quietly building in the background: Bitcoin. A subtle move on X (formerly Twitter), where Musk liked a comment speculating that he might be 'quietly stacking BTC,' has sent crypto Twitter into a frenzy. While there's no official announcement, the action has reignited discussions about Musk's interest in Bitcoin investments, especially given Tesla's past involvement with the cryptocurrency. And with Bitcoin surging 85% in value over the past year, the timing couldn't be more intriguing. Is Elon Musk secretly buying more Bitcoin? The buzz started on July 2, when the crypto-focused handle @VandelayBTC pointed out Musk's silence on Bitcoin lately. That's when another user, @coinjoined, suggested that perhaps Musk was just 'quietly stacking BTC.' The moment Musk liked that comment, speculation exploded. Many users questioned whether it was really him, but @coinjoined quickly confirmed the authenticity with proof. Even Grok, the AI developed by Musk's xAI, validated that it was Musk's real account — though it reminded users to verify claims independently. How much Bitcoin does Tesla actually own? Let's not forget, this isn't Musk's first tango with Bitcoin. According to public filings, Tesla (NASDAQ: TSLA) currently holds over $1 billion in BTC. The electric vehicle company made headlines in March 2021 by accepting Bitcoin payments, only to pull back in May 2021, citing environmental concerns linked to Bitcoin mining. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like One of the Most Successful Investors of All Time, Warren Buffett, Recommends: 5 Books for Turning... Blinkist: Warren Buffett's Reading List Click Here Undo Despite pausing BTC payments, Tesla did not liquidate its entire position. Instead, it retained a sizable Bitcoin portfolio, which has likely appreciated given recent market trends. According to the latest data: Live Events Tesla holds about 11,500 BTC, worth over $1.2 billion at current prices. SpaceX reportedly owns around 8,285 BTC, valued at roughly $895 million. Combined, Musk's companies are sitting on nearly $2 billion in Bitcoin, with more than $1.5 billion in unrealized gains since their original purchases at an average of ~$32K per coin. Clearly, Musk hasn't lost faith in Bitcoin—even if he's been keeping a low profile about it. Why is Bitcoin back in the spotlight now? As America marked Independence Day on July 4, crypto enthusiasts took the opportunity to reflect on Bitcoin's original pitch — financial freedom. And the numbers speak for themselves. Over the past year, Bitcoin has surged nearly 85%, jumping from its July 2024 levels to trade at $107,750.71 as of July 4, 2025, based on Kraken's price feed. With a market cap of $2.1 trillion, Bitcoin now accounts for more than 60% of the global crypto market, which stands at $3.3 trillion overall. What does this mean for the crypto market? Bitcoin is currently leading a red-hot crypto market valued at $3.3 trillion , with BTC alone accounting for over $2.1 trillion of that total. The top cryptocurrency now dominates over 63% of the global crypto market. And Musk isn't the only big player in the game. More than 130 public companies now hold Bitcoin on their balance sheets—worth a combined $87 billion , representing over 3.2% of the coin's total supply . So when a figure like Musk hints—even subtly—that he might be buying more, the entire industry takes notice. Is Musk's silence a strategic move? Musk hasn't tweeted directly about Bitcoin in quite a while. But liking a comment like the one from @coinjoined might be his way of subtly signaling renewed interest. Some experts believe this could be a deliberate tactic. By staying quiet and offloading hype, Musk could avoid scrutiny while accumulating BTC quietly, especially if he sees long-term upside. Remember, Musk has previously influenced crypto markets significantly, with simple tweets affecting prices of assets like Bitcoin, Dogecoin, and Ethereum. What does this mean for crypto investors? If Musk is indeed accumulating Bitcoin again, it could be a major signal for crypto investors. While no one can say for sure what his next move is, the combination of rising prices, strong market dominance, and renewed curiosity from influential figures makes Bitcoin investment a hot topic again. Still, as always, this isn't financial advice. As TheStreet noted in their original report, anyone thinking of entering the crypto market should do their own research and stay aware of risks. Elon Musk's quiet gesture has once again shaken the crypto community. Whether it's a sign of future moves or just a personal preference, his influence in the Bitcoin space remains powerful — even when he says nothing at all. FAQs: Q1: Is Elon Musk secretly buying Bitcoin again in 2025? Yes, Musk's recent activity on X hints he might be quietly stacking Bitcoin again. Q2: How much Bitcoin does Tesla currently hold? Tesla holds over $1 billion worth of Bitcoin, as per public records.
Time of India
an hour ago
- Time of India
Uday Kotak raises red flag after SEBI finds Jane Street made billions by gaming Indian stock market indices
Banking industry veteran Uday Kotak has expressed concern over how 'money power' is playing a bigger role in today's stock markets, overshadowing the real purpose of capital formation and fair price discovery. Taking to X (formerly Twitter) on Saturday, Kotak, the billionaire founder and non-executive director of Kotak Mahindra Bank , said that the recent behaviour of markets highlights troubling trends. 'Recent stock market actions signify three aspects, money power, low liquidity in single stocks vs index derivatives, and exchange/broker business models focused more on volume than fundamentals,' he posted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Moose Approaches Girl At Bus Stop In Uttar Pradesh - Watch What Happens Happy in Shape Undo He stressed that the main goal of the market should be 'to promote capital formation and fair price discovery.' — udaykotak (@udaykotak) Live Events Post follows SEBI's action against Jane Street Kotak's post came just a day after the Securities and Exchange Board of India (SEBI) cracked down on Jane Street, a New York-based hedge fund, for manipulating Indian stock indices . SEBI's early morning order on Friday found Jane Street guilty of placing large bets both in the cash market and in the futures and options (F&O) segment. By doing this simultaneously, the hedge fund earned massive profits by taking advantage of price differences. SEBI has now banned Jane Street from trading in Indian markets and has seized over Rs 4,843 crore in illegal gains. Investigators found that the hedge fund made a staggering Rs 36,671 crore in net profits between January 2023 and May 2025. Kotak also appeared to question the business models of stock exchanges and brokerages. He pointed out that these businesses rely heavily on trading volume for revenue, rather than focusing on long-term fundamentals. His remarks add to the growing concerns over whether the market is still serving its true purpose or being overtaken by high-volume trading and speculative practices. Inputs from PTI
