After initial assessment, UK's BP decided to withdraw from 9 oil and gas blocks in which it bought stake from Reliance Industries (R
Author: admin (Infratructure Today)
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Economy may grow 5-6% next yr
According to a joint survey by Confederation of Indian Industry (CII) and McKinsey & Co, Indian economy may expand 5-6
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Bank to raise corporate business
Bank of Maharashtra aims to increase the share of corporate sector in its overall business to 50 per cent this financial year from the current 42 per cent
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Earnings of banks came under pressure in FY12
Key earnings parameters of scheduled commercial banks (SCBs) came under pressure during 2011-12 because of slowdown in the
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Large funds must be attracted to bonds
A committee appointed by Reserve Bank of India (RBI) said called for encouraging large institutional investors such as pension funds, provident funds, insurance companies, etc. to invest in bonds floated by bank
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Kerala may buy stake in Aranmula airport
After announcing the launch of its own airline, Air Kerala, the Kerala government is now looking at picking up an equity stake in the upcoming greenfield international airport at Aranmula in Pathanamthitta district of the state.
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IFC, Tata Group partner to drive water efficiency in Indian industry
IFC, a member of the World Bank Group, is partnering with Tata Quality Management Services to develop strategies to improve water efficiency and promote sustainable water use at 11 Tata plants across India, setting a paradigm of water conservation for industry in the country.
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New h’way projects give fillip to construction industry
The road construction sector in India has picked up in 2012 after a slowdown in road projects last year. National Highway Authority of India (NHAI) has awarded about 4,375 kilometers of roads in the first nine months of 2012.
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Baghbela-Chitterkot road in Kashmir needs macdamisation
For the inhabitants of Tangdhar in Kashmir delay by the Border Roads Organisation (BRO) to macadamise the Baghbela- Chitterkot road has become a source of inconvenience.
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NHAI meets 6% road contracts target till Oct
The Union government would target construction of 17,000 km of roads over the next two years, Prime Minister Manmohan Singh said on November 3.