As part of its second phase development of the proposed financial hub at New Town near Kolkata, the West Bengal Housing Infrastructure Development Corporation (WBHIDCO) plans to allot six vacant plots totalling around 2.5 acre of land. The plots would be allotted on a lease-hold basis (for 99 years) and the cor
Author: admin (Infratructure Today)
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Corporate bond issue declines sharply
Fresh bond issuance by companies has dwindled sharply in the last few months because issuers are delaying their fund raising plan expecting Reserve Bank of India (RBI) to cut policy rate going forward.Also, expectation of tax-free bonds flooding the markets from November has also reduced fresh issuance by companie
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Freight handling rises 5.3% for Indian Railways
The revenue earnings freight carried by Indian Railways expanded 5.30 per cent to 565.37 million tonne in the current financial year up to October 2012
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Hyderabad Metro project gets new steel cutting unit
Andhra Pradesh Urban Development Minister Maheedhar Reddy recently unveiled an automated steel cutting and bending plant that would be beneficial for the ongo
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Vizag Port’s proposed berth project may cost Rs 4 bn
According to media reports, the proposed second container berth project at Visakhapatnam port may cost
Rs 3
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Net profit, sales decline for ABG Shipyard
Net profit of ABG Shipyard declined more than 32 percent to Rs 32.8 crore during the quarter ending September 30, 2012 from Rs 48.4 crore in the year-ago period. Net sales of the private sector shipbuilder also declined to Rs 543.6 crore during the reporting period from Rs 571.6 crore in the year-ago period.
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Gulf Oil’s shares bought by Credo India
On the National Stock Exchange (NSE), Credo India Thematic Fund purchased 4,589,157 shares of Gulf Oil Corporation
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Power plants may get KG D6 gas in rotation
Union Petroleum Ministry decided to allocate the scarce natural gas produced from the Reliance Industries' KG-D6 field on a rotation basis to power plant
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SC to hear IGL-PNGRB case on Nov 21
The next hearing of the Supreme Court case regarding dispute between Petroleum and Natural Gas Regulatory Board (PNGRB) and Indraprastha Gas (IGL) is sche
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BHEL to supply gas turbine generators
In an official statement, Bharat Heavy Electricals (BHEL) said it would supply gas turbine generator (GTG) and associated auxiliaries to