Mumbai Metro One

Mumbai, India

Mumbai Metro One is a metro rail service operating in Mumbai, India, designed to facilitate efficient transportation across various parts of the city, alleviating traffic congestion and providing a reliable public transport option.

CCI Score

22.90

June 16

Latest Event

Centre-backed NARCL Offers Debt Buyout for Mumbai Metro One

NARCL, a Centre-backed bad loan aggregator, has offered to buy out Mumbai Metro One's ₹2,658-crore debt, providing financial relief and enabling a potential restructuring of the company. This development may also pave the way for a revived government-led takeover proposal by MMRDA, which could protect essential urban transit services and benefit workers and commuters.

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SABOTEUR

Mumbai Metro One is currently rated as a Saboteur.

+10 to +24 CCI Score

Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

DEC

28

2024

Centre-backed NARCL Offers Debt Buyout for Mumbai Metro One
22.90

NARCL, a Centre-backed bad loan aggregator, has offered to buy out Mumbai Metro One's ₹2,658-crore debt, providing financial relief and enabling a potential restructuring of the company. This development may also pave the way for a revived government-led takeover proposal by MMRDA, which could protect essential urban transit services and benefit workers and commuters.
+20

Public and Political Behavior

June 16

The involvement of a centre-backed agency in addressing Mumbai Metro One's financial distress demonstrates proactive public sector intervention aimed at stabilizing critical public infrastructure, thereby benefiting the broader community.

Centre-backed NARCL offers to buy out Mumbai Metro 1's ₹2,658-crore debt
+30

Economic and Structural Influence

June 16

The debt buyout offer facilitates a necessary restructuring of Mumbai Metro One’s financials, which is crucial for ensuring the continued operation of an essential public service. This move ultimately supports the welfare of employees and daily commuters, aligning with broader public interest.

Centre-backed NARCL offers to buy out Mumbai Metro 1's ₹2,658-crore debt