Budget 2014

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  • Cement Firms' Profitability to Go Up in 2014-15: Care Ratings

    Cement Firms' Profitability to Go Up in 2014-15: Care Ratings

    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.

  • Cabinet Likely to Take Decision on FDI in Railways This Week: Report

    Cabinet Likely to Take Decision on FDI in Railways This Week: Report

    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.

  • Price Performance of Infrastructure Stocks Other Stories
  • Cabinet Approves Expansion of Highways in Five States

    Cabinet Approves Expansion of Highways in Five States

    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.

  • LafargeHolcim Unlikely to Dispose Cement Assets in India

    LafargeHolcim Unlikely to Dispose Cement Assets in India

    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.

  • GMR Infra to Raise Up to Rs 1800 Cr in Share Sale: Report

    GMR Infra to Raise Up to Rs 1800 Cr in Share Sale: Report

    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.

  • L&T Bags New Orders Worth Over Rs 2,000 Crore

    L&T Bags New Orders Worth Over Rs 2,000 Crore

    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.

  • L&T Bags Rs 2,442 Crore Order From BSNL

    L&T Bags Rs 2,442 Crore Order From BSNL

    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.

  • May Infrastructure Output Growth Slows to 2.3 Per Cent

    May Infrastructure Output Growth Slows to 2.3 Per Cent

    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.

  • PNC Infratech Bags Rs 441 Crore Contract

    PNC Infratech Bags Rs 441 Crore Contract

    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.

  • Government Moves to Set Up Industrial Parks With China

    Government Moves to Set Up Industrial Parks With China

    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.

  • Budget 2014 Should Give Push to Infra: Bank of Baroda

    Budget 2014 Should Give Push to Infra: Bank of Baroda

    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.

  • Government Approves Rs 40,000-Crore Road Projects

    Government Approves Rs 40,000-Crore Road Projects

    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.

  • Adani Ports Rise on Completion of Dhamra Port Acquisition

    Adani Ports Rise on Completion of Dhamra Port Acquisition

    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.

  • Canada's CPPIB Bets $332 Million on Indian Infrastructure Projects

    Canada's CPPIB Bets $332 Million on Indian Infrastructure Projects

    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.

  • IRB Infra Arm Inks Rs 2,300-Crore Pact With NHAI for Haryana Road

    IRB Infra Arm Inks Rs 2,300-Crore Pact With NHAI for Haryana Road

    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).

  • Cement Shares Fall after Freight Rate Hike

    Cement Shares Fall after Freight Rate Hike

    The cement industry transports nearly a third of its production through railways, and freight forms about a fourth of its operating expenses, investors say.

  • Global Infrastructure, Capital Spending to Hit $9 Trillion by 2025: PwC Study

    Global Infrastructure, Capital Spending to Hit $9 Trillion by 2025: PwC Study

    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.

  • Government Allows Infra Finance Companies to Raise Longer-Term Funds

    Government Allows Infra Finance Companies to Raise Longer-Term Funds

    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.

  • Essar Steel Bags Order to Supply 1.2 Lakh Tonne of Steel Pipes

    Essar Steel Bags Order to Supply 1.2 Lakh Tonne of Steel Pipes

    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.

  • GMR Infra Consortium Wins Rs 389 Cr Rail Contracts in Andhra Pradesh

    GMR Infra Consortium Wins Rs 389 Crore Rail Contracts in Andhra Pradesh

    GMR Infrastructure today said a consortium led by it has won contracts worth Rs 389 crore in Andhra Pradesh from Rail Vikas Nigam Ltd.

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