373 infra projects show cost overruns of Rs 3.89 lakh crore
As many as 373 infrastructure projects, each worth Rs 150 crore or more, are hit by cost overruns of more than Rs 3.89 lakh crore owing to delays and other reasons, according to a report.
Centre proposes Rs 33 crore to protect Indian satellites from space debris
In Sep, India launched the early warning system Netra (Network for...
Nitin Gadkari rues hurdles being faced in road projects across country
Gadkari also asked all MPs to remain aware about road projects in thei...
Centre examining Bengaluru suburban rail project
Responding during the Question Hour, Angadi said the project has been pending due to non-cooperation from the previous Congress-JDS led state government. The B S Yediyurappa government in Karnataka has submitted a revised detailed project report (DPR) that proposes around 55-odd suburban railway stations covering a distance of about 150 km.
Gaurs Group to invest Rs 750 cr on new commercial project in Greater Noida
Gaurs Group has recently completed the construction of 'Gaur City Mall' comprising 15 lakh sq ft area with an investment of Rs 750 crore in Greater Noida.
Infra stocks with ‘Maha’ exposure fall up to 10%
Though stoppage of payment has posed a near-term uncertainty on big-ticket projects like Mumbai Metro and Mumbai-Nagpur expressway, it’s unlikely to go back to re-bidding process, said analysts.
NSE puts eight companies under surveillance
The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment.
SBICAP Ventures achieves first closure of govt’s last-mile fund for stuck projects
Special Window for Affordable and Mid-Income Housing Fund (SWAMIH) Investment Fund.
To check dust due to continuous construction work, Noida gets road project deadline
Construction waste can be seen along several service lanes, most of which are not paved. Officials said that once the Noida Authority takes up the road project, pavements would be built and such waste would be removed. The pavements would then be grass-lined to absorb dust.
RBI revises inflation projection upwards in view of rising food prices
Following the slide in economic growth to 4.5 per cent the last quarter — the worst numbers in more than six and half years — the RBI was expected to further cut policy rates, but ended up holding the repo rate at 5.15 per cent.
Noida standing committee to assess projects applying for zero-period waiver
On Tuesday, UP government had approved the zero-period policy under which builders will be excused from paying interest on outstanding land dues for the years when litigation stopped construction work.
Stocks in the news: TCS, Bharti Airtel, SBI, Gayatri Projects, Ashok Leyland
Here are a few stocks which may buzz the most in today's trade.
Edelweiss maintains buy on GMR Infrastructure, target price Rs 25
The GMR stock may come under pressure in the short term having lost out on the bid for Jewar Airport.
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.
Share market update: Power shares mixed; RInfra falls 4%
The S&P BSE Power index was trading 0.13 per cent down at 1884.28 .
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