Jun 29, 2022 01:41 PM IST

In Pics | A look at some iconic buildings by Shapoorji Pallonji Group

Chairman of Shapoorji Pallonji Group, Pallonji Mistry, the man behind iconic buildings in Mumbai and around, passed away on June 28 at the age of 93.

Time and cost overruns haunt India's infra projects

The cumulative cost overrun of 1,568 projects monitored across the country, each with an investment of Rs 150 crore or more, is Rs 4.5 lakh crore.

Meerut real estate prices set to soar along RRTS alignment

While businesses are currently affected due to the ongoing construction, real estate brokers say that the Meerut realty market is finally back on track.

RLDA to redevelop century-old Delhi Cantt Railway station for Rs 335 crore

The up-gradation work of the Delhi Cantt Railway Station is expected to be completed in 30 months from the award of the tender.

Execution issues continue to dog India’s infrastructure ambitions

A flash report prepared by the Ministry of Statistics and Programme Implementation in October last year said one in five infrastructure projects was delayed by more than five years, and cost overruns had reached a staggering Rs 4.3 lakh crore.

Delhi-Ghaziabad-Meerut RRTS priority section will help identify and resolve technical challenges: NCRTC MD Vinay Kumar Singh

The 82-km-long RRTS rail corridor is scheduled to be fully operational by 2025. NCRTC MD Vinay Kumar Singh spoke to Moneycontrol about the various aspects of the project.

Modified bid guidelines in HAM road projects a leg-up for sector viability

Fixing fair O&M costs through the maintenance period will sustain quality of roads, provide exit windows for developers after construction and boost mergers and acquisitions in the sector

Why China is miles ahead in a Pacific race for influence

Eight years after Chinese President Xi Jinping visited Fiji, offering Pacific Island nations a ride on “China’s express train of development,” Beijing is fully entrenched, its power irrepressible if not always embraced. And that has left the United States playing catch-up in a vital strategic arena

Core sector paces up with 8.4% growth in April on higher production

Production of coal rose 28.8 percent on a year-on-year basis in April and electricity generation rose 10.7 percent.

Likhitha Consolidated March 2022 Net Sales at Rs 78.09 crore, up 33.78% Y-o-Y

How data centres could spur a wave of investments in infrastructure

The real estate sector is waking up to the potential of data centres as a growth opportunity, with growing data consumption creating more demand for infrastructure

Projects involving over Rs 19,100 crore of JICA assistance being implemented in NE: Official

Various projects involving over Rs 19,100 crore of assistance by the Japan International Cooperation Agency (JICA) are being implemented in the North-East region of India, a top official said.

CBRE appointed as advisor for developing multi-modal logistics parks in five cities

These MMPLs will help in bringing the logistics costs down from the present 13-14% of India's GDP to 8-10%, a benchmark achieved by developed economies such as Japan and the EU, CBRE said.

RUDRABHISHEK Consolidated March 2022 Net Sales at Rs 24.55 crore, down 21.92% Y-o-Y

Cost overruns of Rs 4.83 lakh crore impact 425 infra projects

Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages

RUDRABHISHEK Standalone March 2022 Net Sales at Rs 23.26 crore, down 22.64% Y-o-Y

Interview | With eyes on revenue of Rs 2.73 lakh crore by FY26, L&T will execute strategic plan to focus on core, technology and talent: CEO

In an exclusive interview with Moneycontrol, L&T CEO SN Subrahmanyan talks about the road ahead, aspirations to be zero debt and a clean energy solutions provider, and how he is incubating startups within one of India’s oldest infrastructure groups.

MNC investment dollars flow to states that offer best soft infrastructure

Karnataka and Tamil Nadu’s predominance in IT-related businesses stems from how tech-ready the residents are.

Multinationals Should Help India and Brazil Cut Emissions

To clean up dirty sectors such as cement, big emerging nations are going to need money and innovative technology from Western multinationals.

Noida International Airport wins best infrastructure award from Architectural Review Future Projects

The airport’s passenger terminal has been designed by Nordic, Grimshaw, Haptic, and STUP, merging Indian warmth and hospitality with Swiss efficiency.

Eight core sector growth slows down to 4.3% in March from 6% a month back

For FY22 as a whole, the eight core sectors grew 10.4 percent. In FY21, their output had shrunk by 6.4 percent.

Infrastructure companies should float their own NBFCs to fund road construction related projects: Nitin Gadkari

Nitin Gadkari further said the National Highways Authority of India (NHAI) should also have a financial arm like the Power Ministry’s Power Finance Corporation (PFC) or the Railways Ministry’s Indian Railways Finance Corporation (IRFC).

India’s smart cities conundrum 

The mission so far has been able to utilise only 49 percent of the committed amount across 100 cities. Yet, the Smart Cities Mission has several jewels in the crown. 

Govt preparing for redevelopment of 25 non-confirming industrial pockets in Delhi

DSIIDC has been tasked to prepare the layouts of unorganised industrial pockets to redevelop them through creation of infrastructure and improved facilities, a senior government official said

Vikas Singh to take over as new managing director of Delhi Metro on April 1

Kumar was holding the position of Director (Operations) in DMRC and has over three decades of experience in rail-based urban transportation projects.