February 18, 2014 23:07 (IST)
GMR Group on Tuesday said it has sold its 74 per cent stake in a 73-km long highway project to India Infrastructure Fund (IIF).
New Delhi | February 12, 2014 15:33 (IST)
A comprehensive fire and smoke detection system is on trial in Rajdhani Express and will be extended to all major trains along with induction of indigenously developed anti-collision device, Railway Minister Mallikarjun Kharge said on Wednesday.
New Delhi | February 12, 2014 14:25 (IST)
Encouraged by the success of a premium AC special train between Delhi and Mumbai, Railways have decided to run 17 more such trains in busy routes and explore the possibility of running semi-high speed trains - between 160-200 kmph - to Chandigarh and Agra from here.
New Delhi | February 12, 2014 14:24 (IST)
Giving importance to the role of information technology in rail operation, Railway Minister Mallikarjun Kharge on Wednesday spelt out a series of steps including SMS alert and online booking of meals in trains in the interim Rail Budget 2014-15.
New Delhi | February 11, 2014 20:19 (IST)
Busy giving finishing touches to the interim rail budget, Railway Minister Mallikarjun Kharge was on Tuesday tight-lipped about the likely contours of the document, which he is to present in Parliament the next day.
New Delhi | January 30, 2014 23:02 (IST)
In good news for residents of Bangalore, the Union Cabinet on Thursday gave its go-ahead to construction of the second phase of Bangalore Metro to help improve public transport in the capital city of Karnataka.
New Delhi | January 30, 2014 20:53 (IST)
The government may next month allow 100 per cent foreign direct investment (FDI) in high speed train systems and dedicated freight lines, according to official sources.
New Delhi | January 16, 2014 15:33 (IST)
As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.
Kolkata | January 10, 2014 16:52 (IST)
Concerned over declining economic growth rate, Prime Minister's key economic adviser has called for faster implementation of large projects to spur investments.
New Delhi | December 31, 2013 17:43 (IST)
India's infrastructure sector output rose 1.7 per cent year-on-year in November, bouncing back from a contraction in the previous month, mainly driven by higher electricity, coal and cement production, government data showed on Tuesday.
Mumbai | December 26, 2013 17:52 (IST)
IRB Infrastructure Developers said on Thursday that it has achieved financial closure of Rs 1,406 crore for its road project in Karnataka.
New Delhi | December 24, 2013 14:14 (IST)
Commerce and Industry Minister Anand Sharma has said that he will soon be meeting Finance Minister P Chidambaram and Urban Developments Minister Kamal Nath to sort out differences over relaxation of foreign direct investment (FDI) norms for the construction sector.
New Delhi | December 13, 2013 15:17 (IST)
Metro projects in India are the cheapest in the world due to availability of abundant manpower resources, according to Urban Development Secretary Sudhir Krishna.
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.