Sitting on a debt pile of over Rs 12,000 crore, infrastructure firm Hindustan Construction Company (HCC) said it is finding it difficult to get buyers for its asset monetisation plan.
Engineering major Larsen & Toubro (L&T) and its partner STEC of China have bagged an order worth Rs 5,273 crore from Mumbai Metro Rail Corporation (MMRC).
Infrastructure company J Kumar Infraprojects Ltd on Tuesday said its joint venture (JV) has won a contract worth about Rs 5,012 crore from Mumbai Metro Rail Corporation Ltd (MMRCL) for Metro Line 3 project.
The government on Tuesday approved a proposal to build a major port at Enayam (near Colachel) in Tamil Nadu, entailing an investment of about Rs 25,000 crore.
The National Highways Authority of India (NHAI) has awarded a project worth Rs 895 crore in Rajasthan to Larsen & Toubro.
After six months of search, the government finally appointed Sujoy Bose, the present director and global co-head-infrastructure and natural resources of the International Finance Corporation (IFC), Washington DC, as chief executive officer of the National Investment and Infrastructure Fund (NIIF) Ltd.
India continues to maintain a high growth rate even in times of difficult global conditions and is sticking with its agenda of reforms push and infrastructure creation, Finance Minister Arun Jaitley has said.
India needs over $1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said on Sunday.
The telecom regulator Trai on Wednesday issued a consultation paper to explore framework for facility of making calls using internet application on mobile and landline numbers.
Lower input costs and improvement in domestic realisations due to reduction in imports may lead to gradual recovery in the domestic steel industry, Care Ratings has said in a report.
Toll road firm IRB Infrastructure on Wednesday said it has achieved financial closure for its Agra-Etawah project by tying up a project finance of Rs 1,650 crore.
The government on Wednesday approved a Rs 2,272-crore highway project in Karnataka.
Supreme Infrastructure on Monday said it has won two land development projects for Navi Mumbai International Airport for Rs 398 crore.
Indian Railways will invest $140 billion over the next five years in infrastructure and improving the mobility of its services, Railway Minister Suresh Prabhu said here on Thursday.
Leading domestic and international conglomerates like Larsen & Toubro, Alstom, Tata Projects and Siemens are among the bidders for traction and power supply works for the Colaba-Bandra-SEEPZ Metro-3 corridor.
Larsen & Toubro Ltd has secured a contract to build a $135 million stadium for Qatar's 2022 World Cup, an official told Reuters on Monday, in a boost for the Indian firm facing a slowdown in its key Middle East market due to low oil prices.