May 27, 2015 11:06 (IST)
In pursuance of the announcement, a committee comprising of 10 members including its chairman Mr Kelkar, who is presently the Chairman of Institute of Public Finance & Policy, has been constituted, a Finance Ministry release said on Tuesday.
May 21, 2015 12:22 (IST)
IRB Infrastructure said the estimated project cost is approximately Rs 2,650 crore with a construction period of 910 days. The concession period for the same is 24 years, it said.
May 13, 2015 16:52 (IST)
The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector.
May 12, 2015 10:56 (IST)
Beijing has been pushing India to accelerate work on a multi-billion dollar rail link from New Delhi to Chennai ahead of Prime Minister Narendra Modi's visit to China this week.
May 09, 2015 01:38 (IST)
The names of the top officials of the BRICS New Development Bank, including its president who will be from India, would be finalised by the end of this month, China's official media reported on Friday.
May 07, 2015 14:06 (IST)
The group became more pessimistic about market developments in all geographic areas except for Europe, where it kept its forecast unchanged.
May 05, 2015 22:30 (IST)
Noted industrialist and Tata Group chairman emeritus Ratan Tata will chair the first meeting of the 'Kaya Kalp' council at Rail Bhawan here on May 12.
May 04, 2015 19:12 (IST)
Finance Minister Arun Jaitley on Monday sought "deeper engagement" of the Asian Development Bank (ADB) for development of smart cities, industrial corridors and railways as part of flagship initiatives like 'Make In India' and 'Skill India'.
May 03, 2015 16:27 (IST)
Aditya Birla Group chairman Kumar Manglam Birla has said the merger of Lafarge SA and Holcim Ltd will not be a threat for UltraTech Cement, a part of the group and the country's largest cement maker.
May 03, 2015 14:24 (IST)
Notwithstanding government panel recommendations, Railways Minister Suresh Prabhu has outright ruled out privatisation of the public transporter.
April 28, 2015 18:32 (IST)
UltraTech's proposed buyout of two cement plants from Jaiprakash Associates Ltd has received approval of the Competition Commission of India (CCI), which said the deal is unlikely to have an adverse impact on competition.
April 25, 2015 19:00 (IST)
To provide a comfortable experience to passengers waiting for their trains, executive lounges offering a range of modern facilities such as TV and Wi-Fi connectivity will come up at 50 major railway stations across the country.
April 25, 2015 13:02 (IST)
Multi-lateral lending agency Asian Development Bank (ADB) on Saturday said it will provide a loan worth $2 billion to construct or upgrade over 31,000 kms of rural roads in five states to lend support to Prime Minister's Gram Sadak Yojana (PMGSY).
April 22, 2015 22:04 (IST)
The government on Wednesday approved three highway projects which would cost an estimated Rs 5,529 crore.
April 21, 2015 17:13 (IST)
Rail commuters can soon use a mobile phone app to obtain tickets in the unreserved category as the Indian Railways takes forward its initiative for paperless ticketing.
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.