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.
Toronto | June 24, 2014 09:19 (IST)
The Toronto-based pension fund manager said it has entered into a definitive agreement with Larsen & Toubro to initially invest roughly $166 million in L&T's unit, L&T Infrastructure Development Projects Ltd. It will invest a further $166 million within 12 months of the initial investment.
New Delhi | June 23, 2014 21:06 (IST)
IRB Infrastructure on Monday said it has entered into a pact with the National Highways Authority of India (NHAI) for a project worth Rs 2,300 crore for widening of a highway stretch in Haryana under National Highways Development Project (NHDP).
June 23, 2014 10:44 (IST)
The cement industry transports nearly a third of its production through railways, and freight forms about a fourth of its operating expenses, investors say.
Washington | June 23, 2014 10:36 (IST)
The growth will be driven by China, which overtook the United States as the top spender on capital and infrastructure in 2009, Pricewaterhouse said. Globally, this investment spending stood at just $4 trillion in 2012.
New Delhi | June 19, 2014 20:37 (IST)
The government has allowed infrastructure finance companies to issue secured debentures with a tenure of up to 30 years, a move that will help in raising long-term funds for the sector.
Mumbai | June 16, 2014 17:31 (IST)
Under the Saurashtra Narmada Avtaran Irrigation or SAUNI project, water from the Narmada river would be distributed to 115 reservoirs across seven districts of Saurashtra in Gujarat, through four link pipelines to benefit 10,22,589 acres of land.
New Delhi | June 16, 2014 17:02 (IST)
GMR Infrastructure today said a consortium led by it has won contracts worth Rs 389 crore in Andhra Pradesh from Rail Vikas Nigam Ltd.