Thomson Reuters | Last Updated: November 23, 2015 12:58 (IST)
Some of India's most indebted infrastructure and steel groups are considering so-called masala bonds to diversify their funding options as local banks tighten lending, investment banking sources with direct knowledge of the situation said.
Thomson Reuters | Last Updated: November 22, 2015 15:36 (IST)
China will offer $10 billion in infrastructure loans to Southeast Asian countries, a senior foreign ministry official said on Sunday.
Press Trust of India | Last Updated: November 20, 2015 18:39 (IST)
The government's move to provide compensation to developers of highway projects, where delays are not attributable to them, will provide relief to such schemes as projects worth Rs 83,000 crore are stuck, India Ratings and Research said on Friday.
Press Trust of India | Last Updated: November 15, 2015 16:51 (IST)
A dispute between IRB Infra and the Maharashtra government following the closure of toll booths in Kolhapur would be taken up at a pre-Cabinet meeting on November 17 with a view to arriving at a settlement of compensation claim made by the infrastructure firm.
Press Trust of India | Last Updated: November 15, 2015 13:24 (IST)
Travel in railways' upper class categories has become costlier as a service tax levy of 14 per cent and a 'Swachh Bharat' cess of 0.5 per cent became effective from Sunday.
Press Trust of India | Last Updated: November 13, 2015 09:47 (IST)
According to the new refund rules, Railways has doubled the ticket cancellation charge with the aim of helping genuine passengers get confirmed tickets.
Thomson Reuters | Last Updated: November 09, 2015 22:41 (IST)
General Electric Co has won a $2.6 billion (Rs 17,274 crore at $1 = Rs 66.44) contract to supply the Railways with 1,000 diesel locomotives, as the state-owned network looks to foreign capital to help it modernise.
Press Trust of India | Last Updated: November 04, 2015 19:43 (IST)
The Anil Ambani-led firm said its board after conducting strategic review of businesses, approved that defence sector "will be primary driver" for growth and gave nod for "disposal of cement business" for which 7 potential buyers have been short-listed.
Press Trust of India | Last Updated: November 03, 2015 17:02 (IST)
RPP Infra Projects on Tuesday said it has formed a joint venture with China's largest state-owned firm Hunan Construction Engineering Group Corporation, a pact that will help in capturing big-size orders and profitable business in the infra space in India.
Thomson Reuters | Last Updated: October 23, 2015 16:26 (IST)
Tata Steel will offer 3 million pounds ($4.62 million), to be matched by government, for job creation in Britain's Scunthorpe where its steel plant is to restructure, the two said in a joint statement.
Thomson Reuters | Last Updated: October 16, 2015 22:40 (IST)
Tata Steel, the biggest steelmaker in Britain, is expected to cut around 1,200 jobs at its Scunthorpe plant, a union source said on Friday as the government convened a crisis summit on the sector.
Press Trust of India | Last Updated: October 14, 2015 14:37 (IST)
The government on Wednesday approved one-time financial assistance for "physically incomplete and languishing" National Highway (NH) projects in the country.
Press Trust of India | Last Updated: October 07, 2015 16:37 (IST)
The government on Wednesday approved a Rs 1,439-crore project for of three berths at Paradip port on a public private partnership (PPP) basis.
Press Trust of India | Last Updated: October 06, 2015 16:03 (IST)
About 5,100 km of under-construction highway projects worth Rs 67,200 crore are under high risk, a survey by Crisil Ratings showed.
Press Trust of India | Last Updated: September 28, 2015 16:26 (IST)
India needs to increase investment in the infrastructure sector to 10 per cent of total GDP to make the government's ambitious 'Make in India' programme successful, according to a joint study by industry body Assocham and Thought Arbitrage Research Institute (TARI).
Press Trust of India | Last Updated: September 24, 2015 22:32 (IST)
Construction and engineering major Gammon India on Thursday said it has bagged a project worth Rs 1,708 crore from the Centre for widening of an important stretch of national highway 1A in Jammu & Kashmir under the government's flagship road building programme NHDP.
Press Trust of India | Last Updated: September 23, 2015 20:58 (IST)
IRB Infrastructure, one of the leading domestic road developers, on Wednesday said it has decided to set up an Infrastructure Investment Trust by March next year to sell or transfer stake in SPVs to facilitate generation of funds.
Thomson Reuters | Last Updated: September 23, 2015 14:00 (IST)
Industrial group Larsen & Toubrois looking to sell some assets including roads and infrastructure projects and dilute its stake in non-core subsidiaries to revive performance, the group's executive chairman said on Wednesday.