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
Author: admin (Infratructure Today)
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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.
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Cabinet panel clears 10% stake sale in HAL
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
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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
India’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.