The Centre has agreed to pay Rs 6,320 crore to the Assam government as crude oil royalty as part of an out-of-court settlement after eight years of protracted legal battle. The amount will be paid by the Central government to the Assam government over a
Author: admin (Infratructure Today)
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Simplified laws and regulations spur Chinese investing in India
The interest of Chinese companies in investing in India has enhanced significantly following the simplification of laws and regulations and the Indian government's determined stance to attract FDI.
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Jain Irrigation Systems to raise $75 million via FCCBs
Jain Irrigation Systems Ltd plans to raise up to $75 million through foreign currency convertible bonds (FCCBs), mainly for redemption of existing bonds.
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Northern Coalfields ratifies buyback
Coal India has said that the Board of its subsidiary Northern Coalfields has approved a share buyback plan worth Rs 1,244 crore.
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Lone Star to invest in stressed projects
Private equity firm Lone Star has joined hands with IL&FS to invest in struggling Indian infrastructure projects. The tie-up will have an investment corpus of $550 million, which could result in asset purchases of up to $2.5 billion, according to the partners.
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India Ratings stays negative on infra
India Ratings and Research agency has maintained a negative outlook on the infrastructure sector for FY-18, with varied outlooks on individual sectors.
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Industry urged to make sustainable plastics for developing infrastructure
Railways Minister Suresh Prabhu has underlined the need for developing sustainable infrastructure and creating opportunities for moving to the next level of a sustainable paradigm.
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DMRL, JSHL sign licensing agreement for transfer of technology
Defence Metallurgical Research Laboratory (DMRL), Hyderabad, a premier research laboratory of Defence Research and Development Organisation (DRDO) and Jindal Stainless (Hisar) Limited (JSHL) have signed a licensing agreement for transfer of technology of High Nitrogen Steel (HNS) for armour applications.
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Tata Hitachi’s Kharagpur plant rolls out its 10,000th machine
In a milestone event, Tata Hitachi's Kharagpur plant has announced the roll out of its 10,000th machine. The machine, ZAXIS470H, was handed over to V Prabhakar Reddy of VPR Mining Infrastructure Private Limited - a leader and trend setter in the Indian mining industry, with many global ongoing projects and a big patron of Tata Hitachi.
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KINFRA participates in Aero India 2017
Aero India 2017, 'Asia's Premier Air Show', organised by Defence Exhibition Organisation, Ministry of Defence and Government of India, is a biennial Air Show and Aviation Exhibition.