The Confederation of Indian Industry (CII) organised its Delhi State Annual Session and a business conference. Manish Sisodia, Deputy Chief Minister, Government of NCT of Delhi, inaugurated the business conference. He said, “The upcoming GST will be a tsunami of tax reforms and the small medium sector of Delhi might struggle to understand its fundamentals.”
Author: admin (Infratructure Today)
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Bentley Systems issues call for submissions to the 2017 ‘Be Inspired’ Awards
Bentley Systems Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, has announced its call for submissions to the 2017 ‘Be Inspired’ Awards programme.
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Aviation to become part of multimodal logistics hubs
The aviation sector will now be a part of multimodal logistics hubs in India to promote holistic logistics solutions, Union Minister Nitin Gadkari has said.
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High Court upholds decision to cancel JSPL coal block
The Delhi High Court has upheld the government's decision to reject winning bids submitted by Naveen Jindal-led Jindal Steel & Power Ltd for two coal blocks.
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Adani Enterprises wants to tap Australian fund for coal mine railway
Gautam Adani-led Adani Enterprises has applied for financing from an Australian infrastructure fund to build a rail line that is part of a $16-billion coal project in the state of Queensland, Australia's resources minister said, reports Reuters.
Financing from the A$5 billion Northern Australian Infrastructure Facility (NAIF) would offer a boost to Adani after some major banks said they would not participate in the controversial coal project.
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Three Mega Food Parks to come up in Maharashtra
The government has approved three Mega Food Park projects in Maharashtra to Wardha Mega Food Park Pvt Ltd in Wardha district, Paithan Mega Food Park Pvt Ltd in Aurangabad district and Satara Mega Food Park Pvt Ltd in Satara district. As per the scheme guidelines, the time schedule for completion of a project is 30 months from the date of issue of final approval unless extended by an Inter-Ministerial Approval Committee.
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Committees on digital payments submit recommendations
A committee had been constituted by the Department of Economic Affairs, under the Chairmanship of Ratan P Watal, former Finance Secretary and Principal Adviser, Niti Aayog, in August 2016 to review medium term measures necessary to promote digital payment systems in the country. This Committee on Digital Payments has recommended structural reforms in the payment ecosystem, including amendments to the Payment and Settlement Systems Act, 2007.
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Rajahmundry airport gets green nod for runway extension
The Airports Authority of India (AAI) has received environment clearance for extension of runway at Rajahmundry airport in Andhra Pradesh, which is estimated to cost Rs 181.45 crore. The existing airport at Madhurapudi village is currently handling about 12 operations daily and the operating capacity is about 225 passengers an hour.
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CIL may miss output target by 20 MT this fiscal
Coal India is likely to miss its production target by 20 million tonnes (MT) and may end up producing up to 578 MT this fiscal due to a host of issues, including evacuation and demand-supply, a top official has said.
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L and T, Afcon bag Rs 1,675-crore order from Ahmedabad Metro
Larsen & Toubro (L&T) and Afcon Infrastructure Ltd have bagged Rs 1,675-crore work of constructing the underground section of the Ahmedabad Metro. This is the costliest civil work to be undertaken in the first phase of the Rs 10,700-crore Metro rail project.