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Author: admin (Infratructure Today)

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Private players should infuse Rs.50,000 cr

Private players should infuse Rs.50,000 cr

At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.

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Decoding the New Legislation

Decoding the New Legislation

The current legislative framework in relation to eligibility with respect to coal mining in India is the Coal Mines (Nationalization) Act, 1973 (´CMN Act´). Under the CMN Act, nationalization of coal mines was completed in two phases.

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Urban infrastructure: Challenges in India

Urban infrastructure: Challenges in India

Urban India is important to the Indian economy, society, polity and the environment in more ways than one. For instance, nearly 600 million Indians would be living in cities by 2030, while cities would generate nearly 70 per cent of new jobs by 2030 and also produce more than 70 per cent of India´s gross domestic product.

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IT Dept slaps Rs.20,495 cr tax demand on Cairn India

IT Dept slaps Rs.20,495 cr tax demand on Cairn India

Cairn India Ltd, the petroleum arm of London-headquartered Vedanta Resources Plc, has received a tax notice of Rs.20,495 crore from the Income Tax department for failing to deduct withholding tax on alleged capital gains by its erstwhile promoter, Cairn UK Holdings Ltd (CUHL), a subsidiary of Edinburgh-based Cairn Energy Plc.