Infrastructure
Railway officials in Mumbai are hopeful that Prime Minister Narendra Modi’s new government will give a push to the first Mumbai-Ahmedabad high-speed train proposal in the 2014 Railway Budget — the first rail budget of the Modi government. The projections voiced by the Mumbai Railway officials about an expected push to the Mumbai-Ahmedabad bullet train [...] Continue Reading »
There are many tasks in front of the BJP government which were left in a mess by the previous government and they have to fix it now. Fixing the central treasury is one of them. The government’s fiscal consolidation moves have to be very tactful to avoid any adverse effect to any of the stakeholders. [...] Continue Reading »
In an expert call for an investigation, many things were revealed which might be detrimental for the ailing aviation industry. During the era of cheap flights, the demand was more and the industry was doing well. However post-recession demands went down as the companies started cost cutting measures and reduced travel for their executives and [...] Continue Reading »
After Narendra Modi was elected as the prime minister the industries are expecting a growth in GDP (Gross Domestic Product) and the share market has shown a positive trend. Several private Indian firms want to pay off debts by raising up to $5 billion this year through share sales, and the real estate companies are [...] Continue Reading »
The deadline for the Navi Mumbai Metro project has been extended by the implementing body, Cidco. While the original deadline for the completion of the first phase of the ambitious 23.4-km Belapur CBD to Khandeshwar Metro project in Navi Mumbai was 2014, the Metro is now likely to become operational only by 2017. The first [...] Continue Reading »
The pipeline shifting work on the SA Road has been delayed by the water authority (KWA); with the result that the work schedule will now have to be changed by the Delhi Metro Rail Corporation (DMRC). With regard to the delay on pipeline shifting work, officials with Kochi Metro have revealed that the progress of [...] Continue Reading »
The Ahmedabad Metro Rail project which proposes to inter-connect different areas of the city is an ambitious Rs 10,600-crore project, which is yet to take off even though an amount of Rs 565 crore has already been spent on it. The Rs 565-crore expenditure has been undertaken on the Ahmedabad Metro Rail project over the [...] Continue Reading »
At a recently-held meeting, the Public Works Department (PWD) (B&R) Haryana, National Highway Authority of India (NHAI) and the Gurgaon district administration passed a proposal for the construction of a flyover at Hero Honda Chowk — a high-traffic junction along the Delhi-Jaipur Highway in Gurgaon. With the proposal for the flyover having finally been passed [...] Continue Reading »
The construction business of Larsen and Toubro (L&T) has recently won Rs 1,459-crore worth of orders. The information of the orders won by the L&T construction unit was given to the stock exchanges by the company on Thursday. In coincidence with the disclosure of the Rs 1,459-crore worth of orders won by L&T’s construction division, [...] Continue Reading »
In a recent statement, infrastructure major Larsen and Toubro (L&T) has revealed that its construction arm has won orders worth Rs 2,458 crore this month. The orders won by the company relate to different business segments. L&T said in its statement that Rs 1,634 crore worth of orders have been bagged by L&T Construction’s power [...] Continue Reading »
