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.
December 24, 2014 22:47 (IST)
The proposed merger of Holcim and Lafarge in India is well on track, though the future structure will be decided upon getting approval of the Competition Commission of India (CCI), Swiss cement major Holcim said on Wednesday.
December 23, 2014 21:14 (IST)
UltraTech Cement has agreed to buy two cement plants from Jaiprakash Associates for Rs 5,400 crore ($852 million) including debt, the companies said on Tuesday.
December 15, 2014 21:10 (IST)
The Reserve Bank of India (RBI) eased rules for long-term loans by lenders to the infrastructure sector and heavy industry, allowing for easier refinancing and more flexible restructuring as part of widely expected measures.
December 12, 2014 22:01 (IST)
Infrastructure projects worth Rs 5 lakh crore can be taken up in the next five years, Union Road Transport and Highways Minister Nitin Gadkari said on Friday as the NDA government moves to tackle land and environment clearance issues that have stymied such ventures.
December 10, 2014 16:37 (IST)
The Reserve Bank of India (RBI) would shortly come out with guidelines on refinance of existing projects as demanded by the industry, Deputy Governor S S Mundra said on Wednesday.
December 08, 2014 20:43 (IST)
Private equity firm I Squared Capital said it would buy a 109 km toll road from Malaysia's IJM Corp Bhd that connects two key touristic destination cities in northwestern India.
November 13, 2014 19:12 (IST)
The other three projects in the KPMG's 'Infrastructure 100: World Markets' report are Gujarat International Finance Tec-City (GIFT), Interceptor Sewage System and Narmada Canal Solar project.
November 05, 2014 21:22 (IST)
A new civil aviation policy is under preparation of the government, a high-level meeting chaired by Prime Minister Narendra Modi was told on Wednesday amid his thrust on inter-linking connectivity-related infrastructure sectors.
October 19, 2014 22:26 (IST)
Tax incentives are key to the success of real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), a senior Securities and Exchange Board of India official has said.
October 13, 2014 23:47 (IST)
IL&FS Engineering and Construction Company Ltd said here on Monday that it has received a contract worth Rs 1,232 crore from the National Highways Authority of India (NHAI) to four-lane the Patna-Gaya-Dobhi section of NH-83 in Bihar.
October 09, 2014 21:42 (IST)
The Competition Commission of India (CCI) has rejected allegations that Aditya Birla group firm UltraTech Cement indulged in unfair business practices in the market of wholesaling of cement.
September 30, 2014 19:31 (IST)
The output expanded 2.7 percent year-on-year in July.
New Delhi | September 24, 2014 15:58 (IST)
The launch of the 44.4-metre, 316-tonne PSLV-C25 which was rocketed into orbit using S139 motor casings including the IRS Type mechanisms for deployment of satellite solar panels were manufactured at L&T's Aerospace Shop at Powai, the company said.
September 16, 2014 23:22 (IST)
Travelling by train, hungry and net connection out of reach? Now, rail commuters can order food by just sending a message.
September 14, 2014 11:15 (IST)
As many as 14 Special Economic Zone (SEZ) developers, including GP Realtors and Navi Mumbai SEZ, have sought more time from the government for implementing their projects.
September 12, 2014 23:36 (IST)
Seeking to push infrastructure development, Prime Minister Narendra Modi on Friday asked his ministers to electronically monitor the progress of projects and directed the Railways to submit a comprehensive plan for encouraging FDI.