Vedanta plans Rs.50k-cr for mining sector

According to the Vedanta Resources Chairman Anil Agarwal, his company has decided to invest a staggering sum worth Rs.50,000 crore in multiple projects in infra and mining sectors. It may be recalled that Vedanta is a major player in India's Zinc Industry, primary Aluminium market, and refined copper with market shares of 72%, 40%, and 35% respectively. He further said that this decade will belong to India and it is the best time to invest as the kind of image India has all over the world, the retrospective tax is one small thing which has to be sorted out. Highlighting some of the reform measures taken by the government, Agarwal said bankruptcy law and Goods and Services Tax (GST) will help improve the business environment and attract global investors.

: Published: 05 September 2017

Siemens to supply indigenous propulsion system to railways

According to Executive VP and Head, Mobility, Siemens, the company in line with the Make in India initiative, is supplying indigenously-made propulsion systems to the Indian Railways, which is upgrading its electric locomotives Read More ...

Kochi Metro Rail gets Rs. 356-cr expansion

The state cabinet has granted administrative sanction to extend Kochi Metro up to Tripunithura whereby the Phase 1 B will be extended from Ernakulam S.N. Junction to Tripunithura Railway Station / Bus depot at an investment of Rs 356 crore Read More ...

NIAL eyes foreign investment for Jewar airport

The Noida International Airport Limited (NIAL) has decided to seek help from foreign embassies to rope in investors for the mega project where the nodal agency is also building an aviation hub in the vicinity of the airport. Recently Read More ...

L&T wins ₹14,000-cr airport project in Mumbai

Larsen & Toubro (L&T)is all set to win a contract from the board of City and Industrial Development Corporation (CIDCO) to build the Navi Mumbai Intl' Airport involving an investment of ₹14,000 crore.. The scope of work Read More ...

Puravankara chalks plans for 13 realty projects worth ₹3,000-cr

Puravankara, a Bengaluru-based realty firm, has chalked out an expansion plan to start new housing projects involving an investment of ₹3,000 crore. The company is set to launch 13 projects in the current fiscal of which Read More ...

Gurugram readies for ₹1,100-cr infra projects

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Ramky Infra bags ₹494-cr housing project

Ramky Infrastructure has bagged a ₹494.04-crore project from Rajiv Gandhi Rural Housing Corporation for construction of multi-storied residential housing units in Bengaluru. The project is to be constructed under Read More ...

Spanish firm Ayesa wins ₹311-cr rapid rail contract

Spanish multinational Ayesa, which specializes in engineering, technology, and consultancy (ETC), has bagged a ₹311 crore contract to provide technical assistance (General Consultancy) for India's first Delhi-Meerut Read More ...

DMRC floats bids for Phase-III of MRTS projects

Delhi Metro Rail Corporation (DMRC) has invited tenders for Delhi MRTS Phase III. The scope of work involves supply, installation, testing & commissioning of Ballastless Track stabling lines on Elevated Depot Read More ...

PMRDA hastens Phase-III of ₹8,313-cr metro line

The Pune Metropolitan Region Development Authority (PMRDA) has hastened the 23.3-km-long, 8-km of which (from Hinjewadi to Balewadi) will be elevated and entail an investment of ₹8,313 crore. The stretch falls under the Read More ...

MRSDC speeds up ₹46,000-cr Samrudhi Expressway

The most ambitious 700-km long Mumbai-Nagpur Samruddhi expressway in Maharashtra crisscrossing 10 districts and 26 talukas of the state is being built at an investment of ₹46,000 crores. The alignment from Thane Read More ...

Govt. doubles up ₹119-cr NH as airfield for IAF fighters

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PWD unveils ₹150-cr worth of flyovers in South Delhi

The PWD in Delhi has planned multiple flyovers and underpasses in Saket area starting from Press Enclave Road to Lal Bahadur Shastri Marg as the stretch provides access at Khirki Village, Hauz Rani, Saket, Malviya Nagar and Pushp Read More ...

Five metro rail projects gain momentum in UP

In order to expand the metro rail network across major cities in the state, the state government in UP has fast tracked building of metro services in cities like Kanpur, Agra, Meerut, Jhansi, Allahabad and Gorakhpur. A new metro Read More ...

Tata BlueScope Steel Receives Green Pro Certification from CII-Green Products and Services Council

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PWD plans ₹300-cr elevated Barapullah corridor extension

The Public Works Department (PWD) has drawn up plans for phase IV of the 7-km elevated extension of the flyway to the west, from INA market to the Army Hospital in Delhi Cantonment on NH 8 at an investment of ₹300 crores. The Read More ...