New Delhi | December 12, 2013 23:24 (IST)
The government on Thursday allowed IDFC to set up an 'India Infrastructure Fund' which would have a corpus of Rs 5,500 crore.
Mumbai | December 03, 2013 21:47 (IST)
The Reserve Bank of India (RBI) on Tuesday allowed core investment companies to raise external commercial borrowing (ECB) for projects floated as special purpose vehicle (SPV) in order to strengthen the flow of resources into the infrastructure sector.
New Delhi | November 29, 2013 23:44 (IST)
The government is focused on developing infrastructure in the country and it cannot be done without the help of private sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.
Mumbai | November 29, 2013 17:27 (IST)
Market watchdog Securities and Exchange Board of India (Sebi) relaxed fundraising rules on Friday for infrastructure debt mutual funds in its continued bid to channel long-term capital to finance the country's highways, toll roads and bridges.
Ahmedabad | November 27, 2013 15:29 (IST)
Gujarats ceramic industry body, Morbi Dhuva Glazed Tiles Association, said on Wednesday it will stop production in all ceramic units from midnight if the state government failed to meet its demands.
New Delhi | November 24, 2013 19:09 (IST)
The Finance Ministry has favoured relaxation of lending rules for infrastructure projects so as to expedite them, according to sources.
New Delhi | November 10, 2013 15:34 (IST)
The Confederation of Indian Industry (CII) on Sunday said it has signed an initial agreement with the World Economic Forum to collaborate for partnerships in various spheres including infrastructure investments and human capital.
New Delhi | October 15, 2013 16:42 (IST)
Developers seeking to surrender special economic zones will have to give an undertaking that the land will be used in accordance with the recently amended guidelines so as to prevent its misuse. Only those applications will be considered for SEZ denotification that fulfill three criteria laid down by the government, the Commerce Ministry has said.
Washington | October 12, 2013 16:51 (IST)
India has asked the World Bank and other multilateral development banks (MDBs) to create special windows for ensuring finance for infrastructure development, which should include provision to help projects that face a sudden scarcity of funds due to volatile capital flows.
Mumbai | September 18, 2013 22:09 (IST)
As per the liberalised definition, energy sector would include electricity generation, electricity transmission, electricity distribution and oil pipelines, it said.
New Delhi | September 17, 2013 16:39 (IST)
GMR has sold its 74 per cent stake in Ulundurpet Expressways to the India Infrastructure Fund of IDFC Ltd, a company statement said.
Mumbai | July 12, 2013 16:08 (IST)
India Ratings has maintained a negative outlook on the construction sector for the second half of 2013 due to execution and liquidity challenges faced by the key segment of the economy.
New Delhi | July 05, 2013 16:30 (IST)
The government had last week decided to set up the 51 airports to enhance air connectivity to small cities in Andhra Pradesh, Jharkhand, Bihar, Punjab, Uttar Pradesh, Assam, Arunachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra.
Muscat | July 03, 2013 20:35 (IST)
"Larsen & Toubro is the successful bidder for the Batinah road project package 4. The project will take two years to build," the official told Reuters, without providing further details.
New Delhi | July 01, 2013 18:10 (IST)
India's infrastructure sector output growth marginally slowed to 2.3 per cent year-on-year in May from 2.4 per cent the previous month, government data showed on Monday, reflecting continued slowdown in the economy.
New Delhi | June 30, 2013 11:56 (IST)
To expand its presence in infrastructure sector, salt-to-software conglomerate Tata Group is looking to execute projects worth Rs 70,000 crore by 2017 through three of its unlisted firms.
New Delhi | June 28, 2013 18:37 (IST)
In a bid to ramp up investor sentiment, Prime Minister Manmohan Singh on Friday set an investment target of Rs 1.15 lakh crore in PPP (public private partnership) projects across infrastructure sectors in rail, port and power in the next six months.
New Delhi | June 18, 2013 14:12 (IST)
The World Bank-funded Rs 450 crore contract has been placed on BHEL by the Maharashtra State Power Generation Corp Ltd, the statement said.
New Delhi/Mumbai | June 18, 2013 11:22 (IST)
To rekindle investment in new, modern roads that India badly needs, the government has been rolling out a slew of policy measures, including a strategic shift in how projects are financed.
Mumbai | June 17, 2013 13:29 (IST)
L&T also plans to bid for two landing platform docks that will be awarded by the Indian government, Mr Kotwal told reporters.