Though private players have not taken the proactive step of creating assets, they have been participating in various government projects -- especially in road, railway and defence space. Over the last two years the speed of road building has picked up from 15.7 km per day in 2013-14 to over 20 km per day now. Nitin Gadkari, Minister for Road Transport and Highways and Shipping, is hoping to ramp it up to 30 km a day.
The company "has been awarded three contracts from Chhattisgarh State Power Distribution Company Ltd (CSPDCL) vide letter of awards dated March 8, 2017 and the aggregate value of the contracts is Rs 222,57,18,684," A2Z Infra Engineering said in a filing to BSE.
We have made consistently good money over the past whenever we have capitalised on events â€“ be it Brexit, Trump election, demonetisation etc,
Tokyo will propose an agenda for its dialogue with the US in coming days, which will include a wide range of issues such as how Japan can provide technical assistance for US railway projects and increase imports of US shale gas to Japan, according to government sources with knowledge of the matter.
Govt hopes to raise at least Rs 1,000 crore by March-end through NIIFâ€”a quasi-sovereign wealth fundâ€”for funding commercially viable greenfield, brownfield and stalled projects
"There needs to be some sharing of the profits. We are working on the end-formula, and maybe we will come up with the logic very soon," Sharma said.
"The banking and authorisation committee vide resolution passed by circulation today i.e on 7 March 2017 has allotted ...unlisted secured redeemable non-convertible debentures...aggregating to Rs two hundred crore on private placement basis," Electrosteel Castings said in a BSE filing.
The bank aims to reach 50,000-75,000 merchant points to be connected to the Aadhaar pay module in the next two years.
The cabinet, on March 6, 2017, approved a proposal to revive 50 unserved and under-served airports as well as airstrips, at an estimated cost of Rs 4,500 crores. With the plan, the government is R
The move is aimed at raising domestic steel consumption as India's per capita steel usage -- at 61 kg -- is much lower than the global average of 208 kg.
The government expects the move to boost sales of local companies such as JSW Steel and Tata Steel , and eventually attract global steelmakers such as ArcelorMittal and POSCO to invest in the country, five steel ministry sources told Reuters.
In a major push to Digital India, The Telecom Regulatory Authority of India (TRAI) is planning to deploy Wi-Fi across the country. This, if implemented in reality, will provide internet access at affordable cost for the people.
JV won an order for track linking OHE, S&RT and other allied works from Haridaspur to Kendrapara from Rail Vikas Nigam. Work to be completed in a matter of 15 months along with six months of defect liability period.
The Maharashtra government and Abu Dhabi Investment Authority, will set up a joint task force to explore and facilitate investment in key infrastructure projects in the state. The suggestion came from chief minister Devendra R
Distributing certificates and medals to students of the Bharathidasan Government College for Women at the institute's seventh graduation day here, he said the government was keen that women's education should be encouraged.
"The construction arm of L&T has won orders worth Rs 2,170 crore across its various business segments," L&T said in a statement.
The suggestion came from Chief Minister Devendra Fadnavis during a meeting with the Authority representatives here today. The meeting discussed prospects of investment in the State.
A public-private partnership anchored by a significant minority from government, NIIF will leverage commercial institutional capital for investments in Indian infrastructure.
Cites pickup in executions, but feels challenge lies in navigating the trade-off between reigning in core net working capital and faster execution.
US President Donald Trump today pledged to bring one trillion dollars in public and private investment to rebuild what he called America's crumbling infrastructure.
The final coastal regulation zone (CRZ) notification regarding Mumbai‘s coastal road project will be issued in a month. Maharashtra chief minister Devendra Fadnavis, said this after a meeting with Union Environment and Forest Minister R
Mahindra and Mahindra (M&M) and Ford could be in preliminary talks of an alliance whereby they are eyeing three areas of collaboration.
Mark Matthews of Bank Julius Baer is positive on India. A strong base effect coming from commodities and the banking space is the reason for his optimism.