The 1,762 infrastructure projects are also facing cost overruns of Rs 4,77,280.69 crore or 19 percent of the total cost.
The cost escalation of the 809 delayed projects added up to more than Rs 4.65 lakh crore as of July.
Eight ministries have been identified for this exercise so far, which have time till November to cut delays in their respective departments by 20 percent
The submission was made in a plea filed by lawyer Rishi Malhotra seeking to abolish the present practice of executing a death row convict by hanging and replace it with less painful methods such as "intravenous lethal injection, shooting, electrocution or gas chamber".
The industry wants the budget to announce measures to improve the execution of infrastructure projects like logistic parks, dedicated freight corridors and cold storages
Infrastructure companies expect the budget to provide a push to capital expenditure in the industry, especially in labour-intensive sectors like construction.
"Majid Reza Rahnavard was hanged in public in (the holy Shi'ite city of) Mashahd this morning ... he was sentenced to death for 'waging war against God' after stabbing to death two members of security forces," Mizan said.
Cognizant has reported notable growth in order bookings and raised the guidance for calendar year 2021
Vice President and Co-Group Head, Corporate Ratings, says for this financial year, toll collections could be 12-14 percent higher, compared to the last year on the back of a low base and increase in toll rates. ICRA also expects road construction to surpass the average target of 40 km per day for 2021-22
The plea said that Article 21 (Right to Life) of the Constitution also includes the right of a condemned prisoner to have a dignified mode of execution so that death becomes less painful.
Cites pickup in executions, but feels challenge lies in navigating the trade-off between reigning in core net working capital and faster execution.
In an interview to CNBC-TV18, YD Murthy, Executive VP-Finance of NCC spoke about the results and his outlook for the company.
Its EBITDA loss in Q1 may narrow to Rs 205 crore versus Rs 210 crore year-on-year.
While energy and utility sectors continue to be a headwind for Wipro, clear demand is visible in digital space, Abidali Neemuchwala, CEO of Wipro said.
The Department of Industrial Policy & Promotion (DIPP) has not just set the ball rolling on the funding of this mega venture, but will also be soon floating request for quotations (RFQs) for the project's execution
Slow execution of projects, Amol Rao, research analyst, Anand Rathi, says will take a toll on the company's cash flows.
In an interview to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure projects speaks about the Land Acquisition Bill and why it needs to be implemented properly.
A tight security was in place across the city today to ensure that no untoward incident take place in the wake of hanging of Parliament attack convict Afzal Guru.
NSE F&O is facing order execution issues since 1:45 pm today. Futures of Nifty, Bank Nifty, FTSE and CNX IT are facing trading issues.
Madhav Nadkarni, chief financial officer of Unity Infra Projects tells CNBC-TV18 that the new order of Rs 253 crore that the company has bagged takes the total order book of the company to Rs 3854 crore.