Reliance Communications plans to raise Rs 4,300 crore by way of a qualified institutional placement of shares and a preferential offer to promoters.
Author: admin (Infratructure Today)
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GMR bags rail doubling work
A consortium led by GMR Infrastructure has won three construction packages of rail line doubling of the Multi Modal Transport System (MMTS) Phase II works on the Secunderabad division of South Central Railway. Rail Vikas Nigam Ltd
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Govt to develop air cargo terminal facilities
The government plans to develop domestic air cargo infrastructure throughout the country. After reviewing the functioning of the Airports Authority of India, Ashok Lavasa, Secretary, Civil Aviation
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JSPL to supply rails for freight corridor
Jindal Steel and Power (JSPL) has got a large order to supply around 88,000 tonne of long rails to the Tata- Aldesa joint venture for use in the Eastern Dedicated Freight Corridor.
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Odisha aims to reopen18 more mines by July-end
The state mines department has set an internal timeline to restart operation at 18 more mines, which were closed by the Supreme Court order, pending second and third renewal of their lease terms, by the end of July next.
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Delhi Metro, GDA in pact for new line
A Memorandum of Understanding (MoU) was signed recently between Ghaziabad Development Authority (GDA) and Delhi Metro Rail Corporation (DMRC) for the 9.41 km-long extension of metro line from Dilshad Garden
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NBCC eyes overseas projects
National Buildings Construction Corporation (NBCC) is eyeing business overseas and exploring the possibilities of projects in Oman, Botswana and neighbouring countries. NBCC
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DHL opens facility in Ludhiana
DHL Express, one of the global logistics players, recently inaugurated a new, enhanced service centre facility in Ludhiana, an industrial hub in Punjab.
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Minister to prune list of pending rail projects
Railways Minister DV Sadananda Gowda wants to chop down the long list of non-remunerative pending projects that have been bleeding the railways and choking funds for urgently required infrastructure schemes
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Green indl estate in Coimbatore
The Coimbatore Small Industries Association (Codissia) is on its mega initiative of promoting a green industrial estate on the outskirts of Coimbatore.