MP Road Development Corporation (MPRDC) plans to undertake development of airport and city side facilities in Singrauli District, Madhya Pradesh.
Author: admin (Infratructure Today)
Post
Post
MPRDC to undertake construction of 18 ROBs
Madhya Pradesh Road Development Corporation Ltd (MPRDC) plans construction and development of 18 ROBs and 9 LHS on BOT (Toll) basis. The project is estimated to cost Rs 674.00 crore.
Post
Eight planning agencies shows interest for Secunderabad Cantonment area
Secunderabad Cantonment area is spread over in about 40.17 sq km and has civilian population of around 4-5 lakh. Eight planning agencies have submitted request for proposals (RFP) regarding preparation of a comprehensive master plan and land use plan for Secunderabad Cantonment area.
Post
Delhi to introduce tram service between Red Fort and Fatehpuri Masjid
The Delhi High Court has asked Delhi Development Authority to apprise the court of the Chandni Chowk development plan authenticated by the Urban Development Ministry. The Government of Delhi has informed the court that a proposal to make main road in Chandni Chowk free from motorised traffic is approved.
Post
MoEF defers decision regarding Rajgammar UG coal block
The environment ministry has deferred a decision on granting clearance to underground coal mining project of Monnet Ispat & Energy Ltd in the state of Chhattisgarh. The said company is seeking environment clearance for Rajgammar underground coal mine project located in Korba district of Chhattisgarh.
Post
Odisha Government gives in-principle approval for Dhamra Port expansion
Dhamra Port Company Ltd (DPCL) is an equal joint venture (JV) between the Tatas and Larsen & Toubro (L&T). DPCL is implementing the Dhamra port development project. The port has sought 745 acre of land to facilitate its second phase expansion. This project phase is likely to cost Rs 10,000 crore.
Post
Banking licence likely to provide IDFC access to low-cost bank deposits
IDFC Ltd has won a banking licence as per a recent RBI announcement. A banking licence would provide a window to IDFC to access low-cost bank deposits and reduce reliance on high-cost term loans and, thus, help expand margins. The company was set up in 1997 as a specialised lender for big-ticket infrastructure project with long gestation period.
Post
RBI considers India Post banking licence application
The Reserve Bank of India (RBI) has decided on Apri 2, 2014 to grant "in-principle approval to two applicants viz., IDFC Ltd and Bandhan Financial Services Pvt Ltd, to set up banks under the guidelines on licensing of new banks in the private sector issued on February 22, 2013. The High Level Advisory Committee (HLAC) set up by the RBI has recommended the above mentioned companies as suitable for grant of in-principle approval. The HLAC also recommended that application of Department of Post for
Post
RBI grants in-principle approval for banking licences to IDFC and Bandhan
The Reserve Bank of India (RBI) has decided on April 2, 2014 to grant “in-principle” approval to two applicants viz., IDFC Ltd and Bandhan Financial Services Pvt Ltd, to set up banks under the Guidelines on Licensing of New Banks in the Private Sector issued on February 22, 2013 (Guidelines). These two applicants were also recommended as suitable for grant of “in-principle” approval by the High Level Advisory Committee (HLAC) set up by the RBI. The HLAC had also recommended that in the case of D
Post
RBI maintains status quo on repo rate and cash reserve ratio
On April 1, 2014 Reserve Bank of India Governor Dr. Raghuram G. Rajan in his First Bi-monthly Monetary Policy Statement for 2014-15 has announced the monetary and liquidity measures based on an assessment of the current and evolving macroeconomic situation. RBI has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liability (NDTL)