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.
The engineering exporters' body said country's engineering exports to Sri Lanka witnessed a degrowth of over 90 per cent.
To encourage infrastructure financing, the Reserve Bank of India on Thursday eased norms for non-banking financial companies (NBFCs) to refinance such projects and provide longer repayment tenures.
Additional capital expenditure by the government in infrastructure projects will help the economy grow faster in the first quarter of current fiscal, year industry said on Thursday.
To connect important religious and tourist places between Bhavnagar and Somnath in Gujarat, four road projects worth Rs 2,640 crore have been awarded, the National Highways Authority of India (NHAI) said on Monday.
Japanese conglomerate SoftBank and a number of investors here have shown keen interest in India's "infrastructure growth story", Finance Minister Arun Jaitley said on Sunday as he kicked off his 6-day visit to Japan aimed at attracting investments from Asia's second biggest economy.
Railway Minister Suresh Prabhu on Thursday said the first bullet train will run in India in 2023 heralding a new era in train operations in the subcontinent.
Railway projects worth Rs 10,736 crore were cleared by the government on Wednesday for improving infrastructure in various states, including Uttar Pradesh and Gujarat.
With an aim to achieve zero accidents, Railways has sought more than Rs 1 lakh crore from the Finance Ministry to strengthen the tracks and for upgradation of the signalling system to ensure safe train operation.
Government expects investments worth Rs 25 lakh crore in the infrastructure sector by 2019 which will help generate 4 crore jobs, Union Minister Nitin Gadkari has said.
Sadbhav Infrastructure on Saturday said it has been declared the lowest bidder by the National Highways Authority of India (NHAI) for two of the Authority's projects in Gujarat at a bid price of Rs 1,389 crore.
The country may soon get its very first Infrastructure Investment Trusts (InvITs), with the markets regulator Sebi approving two of the four applications received by it for setting up such entities.
With infrastructure investment trusts (InvITs) failing to catch due attention, market watchdog Sebi (Securities and Exchange Board of India) plans to ease rules, including by reducing mandatory sponsor holding to 10 per cent.