Bangalore's much-awaited metro rail was flagged off on 20 October. Like its counterpart in Delhi, its swanky stations include modern facilities of safety at par with international standards.
Author: admin (Infratructure Today)
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Experts discuss project and policy solutions to financing hiccups
Stemming from India's nascent entry into private development of gigantic proportions in infrastĂÂructure, the financing of this behemoth has often been called the hiccup in the works.
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A Promising Entrepreneur
Rajesh Srivastava, Managing Director, Meinhardt India, has won the prestigious Asia Pacific Entrepreneurship Awards (APEA) 2011 India award under the category ‘Most Promising Entrepreneurship Award'.
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US eyeing Indian infra sector
The US is scouting for a bilateral investment treaty with India eyeing on the huge business opportunities in building India's infrastructure. Given that 80 per cent of the infrastructure of 2030 has yet to be built,
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India, British Columbia for renewable energy coop
Christy Clark, Premier of British Columbia, Canada met Dr. Farooq Abdullah, Minister of New and Renewable Energy, in New Delhi and held detailed discussions on cooperation between India and British Columbia in the field of renewable energy.
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Show cause notice to 57 mines
The Joda mining circle, unĂÂder the Orissa state steel and mines department, has sent show cause notices to 57 mines for the irregularities and minĂÂing rule violations caused by them between 2001 and 2010.
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IDFC to raise foreign currency borrowing
Infrastructure Development Finance Company (IDFC) is planning to step up foreign currency borrowing. The company's foreign currency borrowings more than doubled through the year to Rs 4,131 crore,
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REC tax-free infra bonds
Rural Electrification Corporation (REC) plans to raise up to Rs 500 crore through tax-free retail bonds in the last week of December. REC plans to raise about Rs 28,000-30,000 crore in this financial year.
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Rs 200 cr for Chakan airport
The Union ministry of civil aviation has sanctioned Rs 200 crore for Chakan International Airport in Pune district, which will now come up on a 700-hectare site adjacent to the one earlier proposed.
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L&T eyes stake in road projects
Larsen & Toubro is scouting to acquire majority stake in road projects worth around Rs 1,000 crore each to boost its portfolio.