Qualified central counterparty (QCCP)status granted by RBI to Clearing Corporation of India Ltd (CCIL) in the Indian jurisdiction.
Author: admin (Infratructure Today)
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Steel prices increased upto Rs 1,500 per tonne
Expecting demand to pick up in 2014, most of the domestic steel producers have raised the steel prices between Rs 1,000 to Rs 1,500 per tonne. This move is aimed to offset increase in input and transport cost.
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Berth No. 18 under construction at New Mangalore Port
Petroleum Oil and Lubricant (POL) berth no. 13 was recently commissioned at New Mangalore Port to cater to the additional demand of the potential users. This berth has the cargo handling capacity to the tune of 7.8 MTPA. The construction of this berth had cost Rs 79.17 crore.
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Four-laning of Gaya-Biharsharif road approved
The Cabinet Committee on Economic Affairs has approved the project for the development of four laning of 93 kms. (approximately) long Gaya-Hisua-Rajgir-Nalanda-Biharsharif section on National Highway-82 in Bihar.
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Pothole repairs on Shiradi Ghat road to be completed soon
Potholes on the busy Bangalore-Mangalore highway's Shiradi Ghat stretch will be filled by January 31. Work of filling potholes has already started. The repair work will be carried out in a transparent mannerm, said the Union Minister for Road Transport and Highways Oscar Fernandes in Mangalore on December 30.
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Hyderabad roads to be repaired at Rs 250 cr
A comprehensive road development project has been taken up to improve the overall condition of Hyderabad city roads, the Greater Hyderabad Municipal Corporation (GHMC) has stated. The first phase of the project is to be initiated at an estimated cost of Rs 250 crore.
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Setting up of port advisory committees opposed
Union government's plan to constitute Port Advisory Committees for major ports has been opposed by a section of trade union workers in the country's port sector.
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Setting up of port advisory committees opposed
Union government's plan to constitute Port Advisory Committees for major ports has been opposed by a section of trade union workers in the country's port sector.
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Ennore Port to build 3rd coal berth
In addition to the existing berths, the Ennore Port (EPL) has initiated process to build one more berth to meet the increasing demand of coal for Tamil Nadu Generation and Distribution Corporation (Tangedco).
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Road policy: Course corrections
Hindsight: The roads sector had planned for a highly ambitious growth rate. Earlier we were doing around 2,500-3,000 km every year. We then stepped up and said we would do 8,000 km-the confidence stemming from the fact that we were able to achieve as much as 7,800 km. In the last year or so, there hasn´t been much of a response in the market, partly because the economy had slowed down, and partly because there were some problems involving major players.