Transportation
India’s infrastructure market is expected to touch $6.6 trillion by 2025, which will be nearly 12.5 percent of the Asia-Pacific. According to consultancy firm PwC, the Asia-Pacific infrastructure market is expected to grow by 7-8 percent a year over the next decade to over $53.6 trillion by 2025 and representing nearly 60 percent of the [...] Continue Reading »
According to an ICRA study, in 2013-14 while the number of downgrades exceeded upgrades for the third consecutive year, with 602 downgrades and 559 upgrades, overall, 3.3 per cent companies moved to the default category as against 4.5 per cent in 2012-13. ICRA said ,“During the last fiscal while both the number and severity of [...] Continue Reading »
IDFC is prepared with a “Plan B” just in case it does not make it to the list of winners for a license from the Reserve Bank of India to start a bank. This also means diversification into housing finance and retail lending business. Speaking on this Group Chief Financial Officer, IDFC, Mr. Sunil Kakar, [...] Continue Reading »
Bangalore- The real estate market of areas located close to the Metro line in the city, have been observing good growth. It has been over a year that the MG Road to Byappanahalli Metro rail started functioning. K R Puram, C V Raman Nagar, Byappanahalli and Ulsoor are some of the areas that lie in [...] Continue Reading »
Bangalore- The Bruhat Bengaluru Mahanagara Palike (BBMP) has at last determined to take up the task of resolving garbage issue following the directions of the court. BBMP Commissioner has issued a memo listing officers who have to follow up with the court’s directions and ascertain that everything is done accordingly and within the given time. [...] Continue Reading »
Chief Minister Jagadish Shettar is to order a probe into the alleged irregularities in the work taken up by the Bruhat Bangalore Mahanagara Palike (BBMP) in removing silt from drains in the last three years. CM stated this in response to the janata Dal (Secular) member M Srinivas’s allegations, which said payments had been made [...] Continue Reading »
There was always an issue in concern with the farmer’s land either getting utilized for road construction or for residential and commercial buildings in Kolkata. However, the scenario at Behrampore is different wherein the farmers themselves have donated the land for the road construction. The Villagers of Tentulia in Murshidabad have set a history by [...] Continue Reading »
Improvements infrastructures like; roads, bus rapid transit system, flyover, traffic and transportation are on plans in Coimbatore. A detailed project report (DPR) was prepared under Jawaharlal Nehru National Urban Renewal Mission to bring out a successful infrastructure. Around Rs. 637 crores has been sought by the Coimbatore Corporation for improving city infrastructures. Hereafter, corporation will [...] Continue Reading »
