Union Minister of Urban Development Venkaiah Naidu has inaugurated the Stage 1A of Chennai Metro Phase-1, from Little Mount to Airport in Chennai.
Author: admin (Infratructure Today)
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Indian Oil, GAIL sign MoU for equity stake in Dhamra LNG terminal
Indian Oil Corporation Limited and GAIL (India) Limited have signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity LNG receiving, storage and re-gasification terminal being set up at Dhamra Port, Odisha. The agreement was signed in New Delhi in the presence of Minister of State for Petroleum and Natural Gas Dharmendra Pradhan.
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FM announces exemption threshold, administrative control mechanism for GST
The two-day meeting of the newly-constituted GST Council comprising the Union Finance Minister, Union Minister of State for Finance and the state Finance Ministers has concluded.
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Krishnapatnam Port expands its horizons
Krishnapatnam, the countryÂ’s largest all-weather, deep water port on the east coast of India is all set to revolutionise the export-import trade dynamics for the east-coast of India. Well poised to offer the most efficient and economical route for the export-import trade activities bustling through the eastern corridor, the multimodal connectivity model of the port has been in the recent past drawing special focus on Nagpur, Vidarbha and the other trade heavy regions of central and southern Indi
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22 airports to get connected under regional connectivity scheme
The Airports Authority of India (AAI) Chairman G P Mohapatra has told media persons that 22 airports will get connected under the regional connectivity scheme, under the first phase.
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Amritsar tops the list of 27 new Smart Cities
Amritsar has topped the list of 27 new Smart Cities announced by the Minister of Urban Development M Venkaiah Naidu. Eight other cities of pilgrim and tourism importance that made it to the third list of Smart Cities are: Ujjain, Tirupati, Agra, Nashik, Madurai, Thanjavur, Ajmer and Varanasi.
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Indiabulls Housing raises Rs 1,330 crore via masala bonds
Indiabulls Housing Finance Ltd (IBHFL) has said that it has raised Rs 1,330 crore by issuing its first masala bonds to overseas investors.
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BP looking to sell 8.5% stake in Castrol India
BP is looking to sell 8.5 per cent stake in Indian subsidiary Castrol India through a block deal worth Rs1,750 crore. The share sale is happening at an indicative range of Rs 408 - Rs 422.50 per share. Shares of Castrol India declined 4.5 per cent to Rs 422.45 after the announcement.
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Madhya Pradesh gears up for Green Energy Corridor Project
Madhya Pradesh has readied its blueprint for the Rs 4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as next the five years would add another 6,000 MW of renewable energy projects in its installed capacity. This will also include a mega solar power project of 750 MW capacity, reports the Business Standard.
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Spectrum auction nets Rs 14,000 crore as deposits
Seven telecom operators have deposited Rs 14,653 crore as earnest money for the largest spectrum auction from October 1. The Department of Telecommunications (DoT) has said that Reliance Jio, Bharti Airtel, Idea Cellular and Vodafone can bid in any spectrum band in any of the telecom circles in the country.