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Govt. injects Rs.2,000-cr in waterways

Shortly after the Union government injected Rs.2,000 crore for development of water transport, works on at least 10 of the 111 National Waterways have been fast-tracked and they are .....

RInfra targets Rs.2,500-cr via InvIT

In an attempt to meet its infra investment requirement, Reliance Infrastructure is all set to hit the capital market with the initial public issue of its infrastructure investment trust (InvIt) for generating .....

Railway hastens Rs.25,000-cr electric l...

Indian Railways is all set to roll out first-of-its-kind high-power electric locomotive shortly, to haul freight trains at twice the existing speed. The public transporter is looking to manufacture 800 such train .....

KG basin braces for $30 bn investment

The prolific Krishna-Godavari basin, which has large gas fields of ONGC, Bharat Petroleum and Reliance Industries, will see investment of $30 billion in the next decade and will significantly boost output and help .....

Odisha bats for Bridge on Brahmani Rive...

The state government in Odisha has recently requested the Centre to take up the construction of a second bridge over the river Brahmani on the National Highway 143 to replace the dilapidated existing one, said .....

Dream realty launches Rs. 300-cr projec...

Dream India Group, which is a renowned realty builder of the country, has recently announced a Rs. 300cr multi-use real estate project to be developed on 300-acre offering amusement park facilities on the .....

DLF scouts partners for 100,000 sq ft s...

The country’s largest real estate builder, DLF Limited, which has recently planned entry into building co-work space, aims to lease 100,000 sq ft of prime commercial space, initially in the Delhi region .....

RIDF worth Rs. 35,000-cr on the anvil

In order to meet its investment requirement the Indian Railways sought Cabinet approval for setting up Rs. 35,000-crore fund, called the Railways of India Development Fund (RIDF). In the new fund the .....

Excon 2017 Launch: Countdown Begins for...

To provide an ideal business platform to assist the country in meeting the huge infrastructure deficit and adding to the GDP growth, Confederation of Indian Industry (CII) together with the Indian Construction .....

JSW plans Rs. 55,000-cr multiple projec...

Launching an aggressive drive to make the most out of the available biz avenues in the sector, JSW Group has committed a combined investment of Rs 55,000 crore on its portfolio of projects in Odisha .....

Govt targets 12 lakh units under PMAY

In its quest to provide housing units to the poorest strata of society, the government has set an ambitious target to construct as many as 12 lakh houses under Pradhan Mantri Awas Yojana (Urban) in the current .....

Pirmal eyes $1.3-tr real estate boom

With the Prime Minister putting "huge emphasis" on affordable housing to drive job generation and achieving targeted economic growth, Piramal group has set its eyes to sell mortgages and build affordable .....

PM launches Rs. 993-cr port projects

Injecting a major push to the country’s port sector, the Prime Minister recently laid the foundation stone for half a dozen projects worth Rs 993 crore related to development of Kandla port. The projects .....

JCB launches safety eyewear

The global construction equipment manufacturing giant, JCB has set its sights on a new market after launching a range of branded prescription safety glasses with leading optical retailer Specsavers .....

Pratt & Whitney plans Rs. 400-cr fa...

Global giant in the aviation sector, Pratt and Whitney has recently decided to set up its R&D facilities in Haryana with an investment of Rs 400 crore and also the Singapore New Water Authority has agreed .....

Supreme Infra secures Rs. 244-cr contra...

The Supreme Infrastructure has recently won contracts worth Rs. 244 crore in the infra and construction sector including a Rs 130 crore award in Jharkhand for construction of a flyover, said the company in .....

AAI unveils Surat airport expansion

In order to increase the passenger handling capacity of the aviation facility in the city, Airports Authority of India (AAI) is all set to get an additional chunk of land for the immediate expansion of runway .....

ADB injects Rs.3,238-cr in road sector

Adding to the road network of Rajasthan, the Asian Development Bank (ADB) has decided to invest $500 million loan (Rs.3,238 crore) in tranches to improve road transport in the state, said an ADB Senior .....

ASK infuses Rs.200-cr in realty space

Making it its maiden investment in the commercial real estate space, financial services firm ASK Group has recently invested Rs.200 crore in ATS Infrastructure project Knights Bridge. The project, which is .....

Decks clear for Chennai port corridor

The 19 km-long Maduravoyal-Chennai Port elevated corridor project, which remained stalled for the last five years, is all set to be revived with the state government giving its nod for the mega project. It may be .....

GMR unveils Rs.2,500-cr airport expansi...

In order to match the emerging requirement in the aviation sector of the region, GMR Hyderabad International Airport Ltd has decided the expansion of greenfield airport from current passenger handling .....

Chhattishgarh clears Rs.2,500-cr roads

Adding to the road network of Chhattisgarh, the state Chief Minister has recently cleared the widening of Raipur-Bilaspur and Raipur-Durg, and Raipur-Dhamtari roads besides reviewing the status of .....

MEP Infra wins Rs.604-cr road project

Adding to its project portfolio, a wholly owned subsidiary of MEP Infrastructure Developers, MEP Sanjose Mahuva Kagavadar Road Private Ltd, has entered into a concession agreement with .....

India becomes the second largest Stainl...

According to data released by the International Stainless Steel Forum (ISSF), India became the second largest stainless steel producer in the world after China in 2016. India took this position from Japan as .....

USG Boral to set a New Plasterboard Pla...

In order to spread its business further, USG Boral, a global leader in building products technology, announced plans to build a new plasterboard plant in South India. The new plant will be operated by its India business .....

Jharkhand launches 21 projects

The state government in Jharkhand has recently launched 21 projects at Khelgaon area of the state and on this score, it had earlier signed memorandums of understanding (MoUs) with investors during .....

HCC secures Rs.672-cr EPC contract

Hindustan Construction Company Ltd ( HCC), as a lead partner in the joint venture with HSEPL, has been awarded Rs.672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water .....

KPL port plans Rs.7,300-cr expansion

Kamarajar Port Ltd (KPL) is all set to become one of the top five ports in the country by 2020 by expanding its capacity to 86 million tons per annum (MTPA) from the current 32 tons at an investment of Rs.7,300cr. .....

Govt adopts one time NHs upgrade plans

The transport ministry has agreed to the states demand for one-time improvement (OTI) works on national highways funded by the Centre. In this connection, the ministry of road transport and highways (MoRTH) .....

Noida, YEIDA gets Rs. 10,000-cr budget

In a recent development, the Noida and Yamuna expressway authorities are all set to tabulate their annual budgets in June and funds will be allocated to the two nodal agencies in the current financial year, said .....

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