March 28, 2015 11:44 (IST)
South Korean steel giant Posco has sought refund from a rail line undertaking to be set up in partnership with Odhisa government citing change in company law but said it wasn't pulling out from the $12-billion steel project in the state.
March 26, 2015 23:14 (IST)
IL&FS Transportation Networks on Thursday announced a pact with the Gujarat government to develop eight railway over bridges entailing investment of about Rs 251 crore under the PPP (public private partnership) mode.
March 24, 2015 17:41 (IST)
The service was launched by the Indian Railway Catering and Tourism Corporation (IRCTC) in collaboration with the Union Bank of India and the National Payment Corporation of India.
March 22, 2015 18:13 (IST)
Reputed companies from six countries including France, Germany, Italy and China have entered the race to become part of Prime Minister Narendra Modi's pet Diamond Quadrilateral bullet train project.
March 20, 2015 10:13 (IST)
India's debt-laden property developers are turning to deep discounts, free parking spots and even gimmicks like gifts of gold coins and motorbikes as they struggle to sell billions of dollars' worth of as-yet unfinished homes.
March 19, 2015 18:00 (IST)
In a written reply to the Lok Sabha, Power Minister Piyush Goyal said while the RBI does not maintain details of loans received by the approved power projects, however, bank-wise information on loans outstanding to power sector was available.
March 17, 2015 22:07 (IST)
"...Railways has lost to roads in attracting goods traffic," Suresh Prabhu said.
March 17, 2015 11:42 (IST)
Indian Railways currently does not have any high speed corridor.
March 16, 2015 18:39 (IST)
The $40-billion mega merger between Holcim and Lafarge to create the world's largest cement group has hit a roadblock with Swiss giant Holcim rejecting the deal in the current form, including on 'governance issues'.
March 10, 2015 17:59 (IST)
The company has won engineering, procurement and construction orders from Abu Dhabi-based SENAAT General Holding Corporation.
March 04, 2015 15:31 (IST)
National Power Training Centre will train 7 lakh people in next 3 years.
March 03, 2015 22:33 (IST)
The government on Tuesday said it is in the process of developing 12 major ports in the country, which it expects will contribute about two per cent to the gross domestic product (GDP), along with the highways sector.
February 28, 2015 17:46 (IST)
UMPP is coal-based thermal power project that has 4,000 MW generation capacity.
February 08, 2015 17:58 (IST)
The Finance Ministry has moved the Cabinet seeking approval for India's participation in the BRICS Bank as well as for nominating the first president of the multi-nation development bank.
February 04, 2015 20:43 (IST)
Global rating agency Moody's has said securitization is the key to solving the country's funding issues for the longer gestation sectors like housing and infrastructure.
January 31, 2015 17:25 (IST)
Railway Minister Suresh Prabhu here on Saturday pitched for greater investments in railways and said development in the sector will help the country grow.
January 17, 2015 16:56 (IST)
Railway finances are in "deep trouble", according to Railway Minister Suresh Prabhu who observed on Saturday that the government behemoth has been caught in a "vicious circle" of poor investments compromising its services.
January 14, 2015 16:11 (IST)
The company has six projects in the pipeline of which two have been commissioned- the Hyderabad Ring Road and Gwalior Bypass.
January 11, 2015 16:54 (IST)
Participation of central and state governments in undertaking new infrastructure projects is boosting confidence among private sector players to issue corporate bonds, India Ratings has said.
December 31, 2014 19:26 (IST)
Hike in passenger train fares, particularly in suburban service, and increase in the minimum distance to be covered in passenger and express trains have been recommended by an official committee in its report submitted to Railways.