Infrastructure projects
The global rating agency Moody in its report mentioned that the Reserve Bank of India (RBI) new regulations which were issued last week which allowed the banks to issue long-term local currency bonds are considered as ‘credit positive’. Moody’s vice-president SrikanthVadlamani and associate analyst Nick Caes giving further insight on this development mentioned that these [...] Continue Reading »
Union Minister of Road, Transport and Highways Nitin Gadkari is all set to give a better infrastructure to the nation and has recently cleared stalled highway projects worth Rs 40,000 crore out of the Rs 75,000 crore of stalled projects. The government is now set to sort out issues of the remaining beleaguered projects relating to [...] Continue Reading »
The six-month extension in excise duty concession announced by the Finance minister Arun Jaitley on Wednesday came as a small relief for the capital goods and consumer durables industries; however the economy of the country needs a drastic uplift for the sector to breathe easy. The buying power has reduced which had an adverse effect [...] Continue Reading »
Accelerating infrastructure projects is key for the new government to grow India at 8-10% levels, sings India Inc in chorus. However, experts have chimed in saying it would take at least 12 to 18 months for this recovery to occur. According to a Barclays equity research report, expectation is afoot that projects worth $25 billion [...] Continue Reading »
The new rates are likely to be effective from next month. According to sources, the Noida Authority proposes to hike the land allotment rate of residential and commercial properties by 15% and industrial properties by 10%, respectively. Sources told sources the proposal is ready and will be tabled in the next board meeting of the [...] Continue Reading »
In Jaipur, Jagatpura is an upcoming real estate activity hub. Its proximity to the airport and its accessibility is the primary attractive asset. Its connectivity with the commercial and residential hubs of the main city also works in its favour. With a host of hotel projects and residential projects under development, Jagatpura has been witnessing [...] Continue Reading »
Nearly 90 big billboards are coming up across Bangalore, questioning ‘Can India can raise the bar?’ or ‘Will India fly high?’, among other questions. These campaigns ask voters to turn out in large numbers at polling booths on April 17, when Karnataka votes. Ms. Tanya Singh Khosla, city-based graphic and brand designer, starts this campaign [...] Continue Reading »
215 infrastructure projects worth seven lakh crores would be affected due to shortage of certified welding engineers, said PK Das, president of Indian Institute of Welding. He also added, as compared to 22,000 certified welding engineers in China, India is home to just around 600 qualified engineers or postgraduates in welding, recognizing the need for [...] Continue Reading »
Starting July 1, 2014 getting environmental and forest clearances for large infrastructure projects could just be a click away with the government announcing launch of a portal, for such clearances. In recent years delay in green clearances has been one of the major concerns for industry. “On the website one will have to upload all [...] Continue Reading »
In the next three years only a half of the ongoing airport projects in the country would be completed while the rest would be delayed owing to the tough land acquisition norms, regulatory hurdles and absence of a national-level policy, a ratings agency said in a report. Care Research said, “Presently, about 64 airport projects [...] Continue Reading »
