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Sebi to relax InvIT cash flow distribution rulesSebi has proposed a relaxation in the net distributable cash flow calculation for road sector InvITs. The regulator will allow debt-funded ...
Karnataka short-changed in railway allocations, says Congress MP Kumar NaikCongress MP G Kumar Naik criticized the lower railway budget allocations for Karnataka, highlighting the state's under-served status and re...
Word of the day: BitumenBitumen meaning: Bitumen, a sticky black substance, builds our modern world. Ancient civilizations used it for boats and buildings. Today, ...
Jindal Stainless unveils first stainless steel fabrication unit with Rs 125 cr investmentJindal Stainless launched its first stainless steel fabrication unit in Patalganga, Mumbai. The facility, built with an investment of Rs 12...
11 killed, including 7 on Vaishno Devi route; national highways closedHeavy rains and landslides caused devastation in Jammu. Eleven people died, and many were injured. Several bridges, infrastructure, and hou...
Centre increases Tribal Ministry budget by 45%The central government has significantly increased funding for the Union Tribal Ministry, allocating Rs 14,925.81 crore for 2025-26. The bu...
Char Dham Yatra made easy through Char Dham Rail ProjectThe construction of major bridges in Uttarakhand has made the Char Dham Yatra safer and easier. These bridges connect important towns in th...
Get more AI, GoI, to offset late-mover lagIncreased exposure to AI capability would require dedicated funding. GoI may have a small window to shape public sector adaptability before...
IndInfravit completes acquisition of 4 Brookfield road projects for USD 1 bnThe funding for the acquisition was through a rupee term loan, the issue of non-convertible debentures and the preferential issue of units ...
SBI Macquarie in talks to sell 39 per cent in Ashoka Buildcon Projects to PEsIn 2012, SBI Macquarie, a joint venture infrastructure fund between India’s SBI Group and Australia Macquarie Group, invested roughly Rs 80...
NHAI extended Rs 130 crore undue benefit to developers: CAGThe benefits were extended with regard to Mokama-Munger section of NH 80 in Bihar and Hazaribag-Ranchi section of NH 33 in Jharkhand.
AIIB will bridge infrastructure financing gap in Asia, says Pakistan Finance Minister Ishaq DarThe AIIB, which will have billions of dollars to lend, is expected to go into operation year-end. It is designed to finance infra construct...
Government seeks foreign funds for infrastructure rojects worth over $75 billionThe value of roadways and bridge infrastructure in India is expected to grow at a CAGR of 17.4 per cent between 2012-17, to reach $ 10 bill...
Prime Minister urges states to improve investment climate, remove infrastructural bottlenecksThe government has in recent months tried to press ahead with crucial and long-pending reforms in a bid to inject optimism into the economy.
- Improve financial reporting to raise funds: CAG Vinod Rai to urban bodies
CAG said challenges posed by the urban infrastructure deficit call for investments of a scale that require immediate attention.
- Gammon Infra completes Kosi Maha Sethu bridge
Gammon Infrastructure Projects has started operations at its Kosi Maha Sethu, a bridge across the river Kosi on the national highway in Sup...
Railways must find the will to carry out Pitroda panel’s recommendationsPitroda panel has identified 15 areas for modernisation.
- The quality of freight service must improve
Indian Railways has done well to raise freight rates by 15% across the board. However, merely raising rates will not suffice.
- Govt hopes 30 pc infra spend in 12th Plan from overseas
The government today exuded hope that a whopping 30 per cent of the targeted USD 1 trillion (Rs 45.37 lakh crore) investment towards infras...
- Avoid Gammon Infrastructure IPO: Asit C Mehta
Asit C Mehta in its report has advised investors to ‘ignore’ the initial public offering of Gammon Infrastucture.