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infrastructure companies in india

Era Group faces investigation for not clearing tax

Era Group faces investigation for not clearing tax
Era Group, a Delhi based real estate firm, has been probed for service tax by the Central Revenue Department. Officials suspected that the firm is avoiding service tax of around Rs. 18 crore. Officials said that they have registered a case against the Era Infra Engineering Ltd, Era Landmark Ltd and Era Buildsys Ltd. According [...] Continue Reading »

Bank loans not easy for infrastructure developers

Bank loans not easy for infrastructure developers
It is seen that companies involved in road construction bid in an aggressive manner to win big contracts cause great financial loss to banks. Thus banks have decided to be very easy while providing loans. Due to the delay in financial closure, around 15 National Highways Authority of India (NHAI) are put on hold. This has created a point [...] Continue Reading »



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