India Cements Ltd (ICL) has received shareholder approval for raising Rs 500 crore through qualified institutional placements (QIP) or foreign currency convertible bonds (FCCB) to meet its capital expenditure needs.
Author: admin (Infratructure Today)
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Jakson Group bags
Rs.110 crore order from DMRC Power solutions provider Jakson Group has received an order worth Rs 110 crore from Delhi Metro Rail Corp (DMRC).
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70,000 LEDs to light up Jaipur
The Jaipur Municipal Corporation has signed an MoU with ESCO Company to replace sodium and tube lights with energy-saving LED (light-emitting diode) lights. JMC said the day-to-day trouble faced by Pink City residents will be resolved with these LED lights.
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Gujarat to make world-class bus stations
Gujarat Transport Minister V Rupani has said that the State government plans to construct ´world class´ bus stations across the State.
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Initial green nod for Mumbai coastal road
An ambitious coastal road from Mumbai´s Nariman Point to Kandivali may be finally taking shape. CM Devendra Fadnavis has told the State Assembly that Environment Minister Prakash Javadekar has given an in-principle approval to the project.
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Mumbai stations to be spruced up
Passengers visiting Bandra Terminus and Mumbai Central may soon get to see cleaner stations on par with airports as the railways has decided to outsource the cleanliness and maintenance work to reputed agencies.
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Kochi Metro Rail signs MoU with NPC
Kochi Metro Rail Limited and National Payment Corporation of India have signed an MoU to be associated with the roll-out of a common mobility card for greater Kochi area through the use of NPCI´s RuPay specifications for cards and payment terminals and other payment modes.
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Railways forms SPVs with States
The railways has started forming special purpose vehicles with State governments such as Odisha to undertake railway development in States.
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Light Metro rail for Indore & Bhopal
The proposed light Metro rail system in Indore and Bhopal cities will be launched before 2018, Madhya Pradesh minister Kailash Vijaywargiya has said.
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Vijaywargiya told reporters.
The light Metro services will then be introduced in Jabalpur and Gwalior to meet the growing demand of a viable public transport system, the Urban Administration and Development Minister said.