INFRASTRUCTURE PROJECTS AND SPANISH
Nitin Gadkari rues hurdles being faced in road projects across country
Gadkari also asked all MPs to remain aware about road projects in their respective constituencies and help in resolving problems coming on the way of constructing roads and bridges.
Infra stocks with ‘Maha’ exposure fall up to 10%
Though stoppage of payment has posed a near-term uncertainty on big-ticket projects like Mum...
NSE puts eight companies under surveillance
The exchange would levy minimum margin of 35 per cent on the respective shares, including on stoc...
JSW Infra lends support to Suraksha Realty in turnaround of Jaypee Infratech
JSW Infra said it has issued a letter of support to Suraksha Realty to give financial, strategic and technical assistance in the delivery of pending flats to Jaypee homebuyers within the timeframe. Suraksha Realty and state-run NBCC on Tuesday submitted their final bids to acquire bankrupt realtor Jaypee Infratech through the insolvency process.
IL&FS takes InvIT route to sell nine road projects
An InvIT is like a mutual fund that allows a project’s promoter to monetise revenue-generating infrastructure assets by enabling investors or unit holders to invest in them without having to own them.
Weak growth in carbon dioxide emissions in 2019 due to an unexpected decline in global coal use
Despite the slowdown, global carbon dioxide emissions are projected to rise by 0.6 percent in 2019. This increase though substantially lower compared to the previous two years--1.5% in 2017 and 2.1% in 2018—is due to a robust growth in natural gas and oil use. Natural gas has been the dominant driver of global emissions since 2012.
Government plans to invest $1.39 trillion in infrastructure to spur economy
India's economic growth slowed to 4.5% in the July-September quarter - its weakest pace since 2013.
FICCI urges government to revisit tendering system for construction work contracts
Experience in India has shown that officials in procuring departments and agencies, in order to maintain utmost probity and transparency, prefer to adopt the least cost principle for the award of contracts.
Investors, bankers to suffer if Maharashtra infra projects get stalled: Deven R Choksey
The entire pitch of the central government asking manufacturers to come and Make in India will also ultimately suffer.
Government open to further reforms: Nirmala Sitharaman
"I only can invite and assure that the Government of India is committed for further reforms in various sectors whether it is banking, mining or insurance and so on," Finance Minister Nirmala Sitharaman said. She invited Swedish firms to invest in infrastructure development projects. India plans to invest about Rs 1 lakh crore in infrastructure sector in the next five years.
AIIB plans to invest upto $2.5 bn in urban transport projects
AIIB is in advanced talks with different nodal agencies, including Chennai Metro Rail and the Mumbai Metro Rail Corp, two people with direct knowledge of the matter told ET. The supranational lender is expected to sign financing agreements with these two railroad operators.
Stocks in the news: YES Bank, Airtel, Tata Motors, HCL Tech and L&T Finance
Vodafone Idea announced new plans under which call and data charges will be dearer for its pre-paid customers.
566 national highway projects running behind schedule: Nitin Gadkari
In a separate reply, the minister said that to overcome the problem, "it has been now decided that projects are awarded only when 90 per cent of the land required is available and all the statutory clearances have been obtained".
HAL bids again for chopper project ‘reserved’ for private companies
Sources said as the shortlist is yet to be approved by the apex Defence Acquisition Committee (DAC), HAL has requested a reconsideration, stating that it is the most qualified company to build choppers given its history in the aviation sector. However, the HAL bid is likely to be strongly opposed by the navy that does not want any delays to impact the critical plan.
AIIB says projects, cost overruns biggest negatives of India
AIIB has $3 billion exposure to India which has a lot of appetite for credit and will continue to be the largest borrower in the near future. It was established in 2016 to fund developmental projects as part-time of which it takes both equity and debt interests in projects. Among the close to 60 member countries, India is the second-largest shareholder after China.
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