August 21, 2014 14:25 (IST)
Prime Minister Narendra Modi will review the performance of key infrastructure sectors, including coal and power, in achieving targets at a meeting early next month, an official close to the development said.
August 13, 2014 23:09 (IST)
The government has imposed certain restrictions on FDI in railways for projects in "sensitive areas" by stipulating that proposals seeking overseas investments beyond 49 per cent will be cleared by the Cabinet Committee on Security.
August 10, 2014 18:48 (IST)
Infrastructure investment trusts need to be listed on stock exchanges besides being subject to stringent disclosure norms including detailed provisions for related party transactions and valuation of assets.
August 10, 2014 16:21 (IST)
New norms for setting up of real estate and infrastructure investment trusts will help attract more foreign investors to these key sectors and facilitate inflows worth $15-20 billion from domestic and overseas sources, according to industry experts and officials.
August 10, 2014 12:58 (IST)
The Securities and Exchange Board of India (Sebi) on Sunday approved setting up of real estate investment trusts (REITs), a move that may offer a new source of financing to the country's cash-strapped property developers.
August 07, 2014 20:02 (IST)
A day after the government gave clearance for fully opening up the railway infrastructure segment to foreign investment, Railway Minister D V Sadananda Gowda today made it clear that FDI will not be allowed in the operations sector of the national transporter.
July 28, 2014 18:57 (IST)
Union Shipping Minister Nitin Gadkari on Monday said India's 12 major ports will double their cargo handling capacity to 1,600 million tonnes per annum (MTPA) in the next five years.
July 21, 2014 22:59 (IST)
Domestic cement makers' profitability is likely to improve in the ongoing fiscal year (2014-15) on higher realisation due to improved price, CARE Ratings said in a report on Monday.
July 20, 2014 13:16 (IST)
The Union Cabinet is expected to take a decision on relaxing foreign direct investment (FDI) norms in the cash-starved railways sector this week, according to sources.
New Delhi | July 09, 2014 20:38 (IST)
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved four- and six-laning of highways covering over 676 kilometres in Uttar Pradesh, Rajasthan, Delhi, Kerala and Andhra Pradesh at a total cost of about Rs 13,987 crore.
New Delhi | July 07, 2014 15:25 (IST)
Lafarge had entered the Indian cement market in 1999 with the acquisition of Tata Steel's cement activity. Followed this the purchase of the Raymond Cement facility in 2001. In 2008, Lafarge acquired L&T's concrete business.
July 02, 2014 19:11 (IST)
Indian companies are expected to rush to raise cash from buoyant stock markets in the next few months. Equity markets have rallied this year on expectations that the new government - elected in May - will help spur a rebound in the country's economy.
Mumbai | July 02, 2014 17:26 (IST)
The heavy civil infrastructure segment secured orders worth Rs 1,547 crore, which includes an order from Goa State Infrastructure Development Corporation for the design and construction of a cable stayed bridge across river Mandovi at Panaji, the company said in a statement.
New Delhi | July 01, 2014 15:23 (IST)
The contract is for supply, trenching, laying, installation, testing and commissioning of optical fibre cable network which will establish optical national long distance backbone and optical access routes for the defence network.
New Delhi | June 30, 2014 17:38 (IST)
India's annual infrastructure sector output growth slowed to 2.3 per cent in May from 4.2 per cent in the previous month, government data showed on Monday.
New Delhi | June 28, 2014 16:09 (IST)
PNC Infratech Limited has bagged a Rs 441-crore contract from the Ministry of Road Transport and Highways for rehabilitation and upgradation of a 80 KM road on the National Highway 29 connecting Uttar Pradesh.
New Delhi | June 25, 2014 22:11 (IST)
India has moved a step closer to establishing industrial parks with China, the law minister said on Wednesday, as New Delhi looks to rebalance a $40 billion trade deficit with its northern neighbour.
June 25, 2014 10:40 (IST)
P. Srinivas, executive director at Bank of Baroda, said the forthcoming budget would be keenly watched to know about the government's policies for this sector.
New Delhi | June 24, 2014 22:50 (IST)
In a bid to fast-track highway construction, the Ministry of Road Transport and Highways has approved over Rs 40,000 crore worth of projects and set an ambitious target of building 30 kilometres of roads per day.
Mumbai | June 24, 2014 12:13 (IST)
The stock rose to a high of Rs 242 in the opening trade and was trading with a gain of 2 per cent at Rs 240.70 around the mid-day after paring some initial gains at the BSE.