It is now becoming paramount for the nation to invest in infrastructure, maintenance, revamp the effectiveness of water utilities and plan for a 24/7 safe water delivery strategy in all cities
Author: admin (Infratructure Today)
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Core infrastructure posts strongest growth in April
Finally, bringing some relief to the Centre the core infrastructure industries have rebounded in the month of April. The surge in infrastructure output from 2.5 per cent in March to 4.2 per cent in April indicates an uptick in the economy.
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Water incentives
Dr Smita Misra, Lead Water and Sanitation Specialist, South Asia Sustainable Development Unit, World Bank tells Garima Pant how empowerment of Panchayati Raj institutions and Urban Local Bodies can ensure better water and sanitation management programmes in the country.
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We will soon set up a Project Development Company in Africa
The formation of PDCs will look at large projects that will be built across two to three countries in Africa. Yaduvendra Mathur, Chairman and Managing Director, Export Import Bank of India,
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Opportunities galore at bright Istanbul
Rapid pace of urbanisation has made Istanbul a land of opportunities for Siemens that is playing a key role in various growth sectors. Hopping across continents is a daily affair for the people of Istanbul, be it for work or leisure
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Fundamentals revisited
Most banks have shown resilience, preventing further deterioration in asset quality in the fourth quarter. The same quarter also proved to be healthy in terms of recovery for most PSU banks
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Clearing the logjam
India needs funds for its infrastructure projects, but banks are overexposed to this sector. Miguel Gutiérrez explores some remedies.
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Bank Guarantees: Encashment and remedies on encashment
Bank guarantees are an integral part of a contract, but these have been encashed under dubious circumstances in a number of cases. Prachi Manekar examines the legal recourse available to aggrieved parties.
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OIJIF to raise $350 million
The Oman India Joint Investment Fund (OIJIF) will be raising about $350 million for a new fund, according to a source. An equal joint venture between State Bank of India (SBI) and State General Reserve Fund (SGRF), OIJIF will start raising money from December. SGRF is Oman´s sovereign wealth fund.
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NOCL to commission Cuddalore refinery by 2015-end
Nagarjuna Oil Corporation Ltd (NOCL) plans to commission the first phase of its
Rs 25,000 crore Cuddalore refinery in Tamil Nadu by end of 2015, its Managing Director & CEO, S Ramasundaram said. NOCL is setting up a 6 million tonne-a-year oil refinery at Cuddalore in phase-I with a similar capacity unit planned in the second phase.