The Cabinet Committee on Economic Affairs has cleared the sale of 10 per cent equity of the government in Hindustan Aeronautics (HAL) through an initial public offering (IPO) in the domestic
Author: admin (Infratructure Today)
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AAI to inaugurate new terminal by Dec
Airports Authority of India (AAI) would inaugurate the new domestic terminal at the Biju Patnaik airport in Bhubaneswar by December end, said Sharad Kumar, director AAI-Bhubaneswar
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Govt sticks to revised fiscal deficit target
Economic Affairs Secretary Arvind Mayaram informed that the government would not overshoot its revised fiscal deficit target of 5.3 percent in 2012-13. Earlier, Finance Minister P Chidambaram said this year fiscal deficit will be 5.3 per cent, instead of the budget estimate of 5.1 percent.
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BHEL ties-up with Shell for gas turbine supply
IndiaĆ¢ā¬ā¢s largest power equipment manufacturer Bharat Heavy Electricals (BHEL) has said that it has signed an agreement with Shell, the Netherlands-based global energy and petrochemicals giant, for supply of gas turbines and generators over the next five years.
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L&T arm secures Rs 6.4 bn contract
The Buildings & Factories arm of the construction and engineering major Larsen & Toubro secured a Rs 644 crore
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Jaipur metro project faces land acquisition issue
Reports suggest that the phase-II work of the Jaipur Metro Rail Project, which is likely to commence may face delay because of issues with land
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CIL arm calls for new pricing regime
Coal India (CIL) subsidiary Western Coalfields argues that its proposed 25 new projects with a capital investment of about Rs 4,000 crore would not be viable unles
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Cabinet clears $1 tn infra investment plan
Union Minister for Urban Development and Parliamentary Affairs Kamal Nath informed that the cabinet has approved an expenditure of $1 trillion in the next five year
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Naya Raipur becomes 4th planned city in India
Naya Raipur, which is about 20 km from Raipur, is set to become the fourth planned city in India after Bhubaneswar, Ahmedabad, and Chandigarh
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JĆ¢ā¬ā¢suguda airport in Orissa becomes operational from Nov 2
The long-dream of the people of western Odisha materialised on November 2 with a plane landing at the Jharsuguda airport, one of the oldest, in India. The airport was operational till 1978.