Infrastructure
The Barapullah elevated road which happens to be a route free from any kind of congestion located from the east of Delhi all the way to the airport and Dhaula Khan will now focus on serving towards the east as well as north Delhi. The department of public works has also received clearance on behalf [...] Continue Reading »
Marking Lokhandwala Infrastructure’s attempts to give luxurious living a new dimension, the bigwig developer group has come up with an iconic project – dubbed ‘Minerva’ – at Mahalaxmi. With Lokhandwala’s outstanding Minerva project, the Mumbai skyline is virtually set to be redefined. The opulent and upscale project will offer the residents an awesome, unobstructed view [...] Continue Reading »
In the 1990s Narasimha Rao led government with the help of the then Finance Minister Manmohan Singh had come up with the liberalisation of the Indian economy, and allowed foreign companies and the competition to come to India. In the initial years there was a lot of opposition by the local companies, however slowly the [...] Continue Reading »
Russia which was a super power about two decades ago went in hibernation due to its internal political unrest. However it looks like now it is opening arms to embrace the APAC growth story and has agreed to set up a joint study group to look at the feasibility of a free trade agreement (FTA) [...] Continue Reading »
On Tuesday NaMo’s mega-dream project, Gujarat International Finance Tec-City (GIFT City) announced that they have been able to raise the complete fund for the phase 1 infrastructure development project. Ramakant Jha, the Managing Director and Group CEO, GIFT City Company Ltd mentioned that the estimated cost of the core infrastructure development in Phase I is [...] Continue Reading »
The real-estate developers are demanding for an infrastructure status to the Low-cost housing so that they can enjoy the benefits of getting more finance from the banks and financial institutes for longer tenures. A senior government official stated that this will eventually increasing the supply of houses and will fulfill the dream of ‘’Housing for all’’ [...] Continue Reading »
GVK Power and Infrastructure (GVKPIL) recently reported its fourth quarter earnings, revealing that the company had suffered a net loss of Rs 235.46 crore during the quarter. The figures reported by GVK imply that the company’s fourth-quarter net loss has widened year-on-year. In comparison to net loss figures for the reporting quarter, GVK had posted [...] Continue Reading »
Narendra Modi-led new Government at the Centre will apparently give high priority to roads, railways, ports and several other infrastructure projects; but there will probably be a lot of challenges to be faced. The manifesto of the Bharatiya Janata Party (BJP) had envisaged “all-weather roads” for all villages; and had highlighted its objective to develop [...] Continue Reading »
According to Assocham, the affordable housing sector should be granted ‘infrastructure status’ because the sector has the potential to invigorate the economy. Seeking ‘infrastructure status’ for the affordable housing sector, Assocham has put forth the opinion that the sector has the capacity to generate a ‘multiplier effect,’ both in terms of creation of employment and [...] 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 »
