April 16, 2015 16:58 (IST)
Hindustan Construction Company (HCC) on Thursday said its infrastructure development arm will sell its stake in a highway project to Sadbhav Group for Rs 204 crore as part of a strategy to exit operational assets.
April 15, 2015 17:01 (IST)
The report further said that there is also a huge trust gap between owners and contractors, adding, "with only about 18 per cent owners claiming to have a 'high level of trust' in their contractors."
April 13, 2015 20:18 (IST)
KNR Constructions on Monday said it has bagged orders worth Rs 729 crore from a Tamil Nadu government undertaking for upgradation of roads.
April 08, 2015 23:22 (IST)
Train passengers can now sleep soundly without worrying about missing their station as the Railways has launched a new service which will ensure that they get a "wake up call" on their mobile phones half-an-hour before the scheduled arrival at their destination.
April 06, 2015 23:25 (IST)
Disclosing plans to link the Railways to e-pantry with an aim to provide quality food to passengers, Minister for Railways Suresh Prabhu on Monday said passengers will soon be able to get the meal of their choice while travelling in trains.
April 06, 2015 20:13 (IST)
A GMR Infrastructure-led consortium has bagged an order for construction of 417 km-long eastern dedicated freight corridor railway project which is estimated to cost Rs 5,080 crore.
April 06, 2015 12:53 (IST)
Besides the new projects, the company has received additional orders worth Rs 1552 crore from various ongoing jobs of other businesses of L&T Construction, it said.
April 05, 2015 17:41 (IST)
India's cement demand continued to remain tepid in March 2015, but it is expected to see revival from the July-September quarter of current fiscal year on the back of a steep increase in allocations to infrastructure spending.
April 01, 2015 21:54 (IST)
The Competition Commission of India (CCI) has given its green signal for the Holcim-Lafarge merger deal that would create the world's largest cement group, while directing Lafarge to sell its two plants in India to address anti-competition concerns.
April 01, 2015 12:51 (IST)
Rs 5,580 crore project is a turnkey order from NTPC
March 31, 2015 01:36 (IST)
Hindustan Construction Company (HCC) on Tuesday said it has bagged a contract worth Rs 392 crore from the Ministry of Road Transport and Highway for four-laning of a road.
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'.