Jan 12, 2017 05:32 PM IST
Rating agency Crisil today announced the launch of a new credit rating framework for infrastructure projects that would facilitate greater participation from long-term investors and lenders.
- Dec 14, 2016 03:48 PM IST
The Ministry of Statistics and Programme Implementation monitors ongoing central infrastructure projects costing Rs 150 crore and above on time and cost overruns through its online computerisation monitoring system (OCMS) on the basis of information provided by project implementation agencies.
- Dec 06, 2016 02:26 PM IST
Ali Shareef al-Emadi predicted growth of 3.4 per cent in 2017, in line with an International Monetary Fund estimate and up from a projected 3.2 per cent this year.
- Nov 27, 2016 11:34 AM IST
In August 2016, the Ministry of Statistics and Programme Implementation monitored 1,167 infrastructure projects, each worth Rs 150 crore or more across sectors such as power, railways and roads.
- Nov 08, 2016 08:22 AM IST
According to a Rashtrapati Bhawan spokesman, the President said Indian private sector companies were keen to be partners in Sri Lanka's infrastructure projects.
- Oct 17, 2016 08:58 AM IST
Keeping the commitments and the actual lending in mind, NDB has drawn up a plan to raise USD 1.5 billion from multiple sources next year, said the noted banker, who built ICICI Bank into the second largest lender in the country in a span of a decade.
- Oct 04, 2016 06:54 PM IST
The bond is carrying coupon rate of 8 percent per annum with a tenor of 10 years. The issue was closed on September 30.
- Sep 03, 2016 05:52 PM IST
Once the proposal for floating Railways of India Development Fund (RIDF) is finalised, it will be placed before the Cabinet for its nod, Railway Minister Suresh Prabhu today said.
- Aug 18, 2016 05:37 PM IST
So far this year, has been a strong year for the ferrous market, says Annalisa Jeffries, Associate Editorial Director, Metals Asia, Singapore, Platts,
- Jul 15, 2016 09:32 AM IST
The Statistics Ministry monitored 1,076 infrastructure projects, each worth Rs 150 crore or more across sectors such as power, railways and roads in March, 2016.
- Jun 15, 2016 08:30 PM IST
The National Capital Region Planning Board (NCPRB) on June 15 decided to increase loan repayment tenure from 10 to 20 years for metro and rail-based
projects, reduced interest rates for infrastructure projects by 0.5 percent and gave nod for implementation of three RRTS Corridors - Delhi-Alwar, Delhi-Panipat and Delhi-Meerut
- Jun 02, 2016 05:22 PM IST
Additional capital expenditure by the government in infrastructure projects will help the economy grow faster in the first quarter of current fiscal, industry said on June 2
- Apr 20, 2016 07:00 PM IST
According to the rating agency, though the number of stalled projects started declining since FY14, it took pace from the second half of 2015-16. Majority of the projects, which were stalled were from the private sector including from the sectors like steel, cement, aluminium, among others.
- Apr 03, 2016 04:12 PM IST
Under the new decision, public sector bodies are to be encouraged to buy British steel for construction projects in an effort to help save the industry. The government said councils and NHS trusts will be asked to consider the economic impact of buying from abroad.
- Feb 24, 2016 05:48 PM IST
The original cost of these projects was Rs 1.52 lakh crore which escalated to 2.82 lakh crore due to delay in implementation.
- Feb 15, 2016 09:20 PM IST
The bank intends to seek Committee of Executive Directors' (COED) approval to raise funds through issuance of long term bonds in the nature of debenture for lending to long term projects in infrastructure and affordable housing on a private placement basis, ICICI Bank said in a regulatory filing.
- Jan 22, 2016 05:21 PM IST
Ajit Gulabchand, Chairman and Managing Director, HCC expects a pickup in infrastructure spending in the coming year.
- Jan 09, 2016 01:53 PM IST
"EIL will be developing roads projects admeasuring 300 kms connecting various cities across West Bengal. Apart from this MoU, the company also agreed to explore the possibilities of investment in Tourism and Intelligent Power City sectors after pre-feasibility study," EIL said in a statement.
- Dec 09, 2015 07:04 PM IST
Global rating agency Standard & Poor's (S&P) today affirmed 'BBB-' long-term issuer credit rating on India Infrastructure Finance Co Ltd (IIFCL).
- Nov 13, 2015 08:38 AM IST
HDFC has chosen London Stock Exchange for raising this fund. The announcement coincides with Prime Minister Narendra Modi's visit to the UK.
- Oct 11, 2015 08:51 PM IST
Prime Minister Narendra Modi today laid the foundation stone of an ambitious project which will more than double the capacity of the country's largest container port JNPT in next two years.
- Oct 07, 2015 09:38 AM IST
As part of the scheme, PFS will offer credit guarantee after detailed appraisal to eligible projects along with other financial institutions for providing partial guarantees for projects and the same shall be backed by adequate security, it added.
- Sep 22, 2015 10:01 PM IST
Tamil Nadu's highly successful Global Investors Meet has set the stage for the state government to reinforce its pre-election spiel. The government has drawn up an ambitious list of infrastructure projects it wants to begin work on before the elections around next year.
- Jul 26, 2015 12:21 PM IST
The entity may be a joint venture firm funded by seed equity from Maharatna and other cash-rich central public sector enterprises (CPSEs) to administer and manage sick state-run enterprises that can be revived.
- Jul 14, 2015 07:15 AM IST
According to a report, 40 percent of central government's infrastructure projects are facing delays. Out of 758 projects at least 323 projects are running behind schedule.