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Author: admin (Infratructure Today)

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Road repairs in Navi Mumbai to be paced up

Road repairs in Navi Mumbai to be paced up

Navi Mumbai Mayor Sagar Naik has asked the officials concerned to expedite the road repair works in the city areas including Belapur. Residents had expressed their anger over the delay in the road repair works, despite the end of the rainy season.

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Lucknow’s Lohia Path to become widest road in UP

Lucknow’s Lohia Path to become widest road in UP

In Lucknow, the Uttar Pradesh Public Works Department (PWD) is all set to give Lohia Path another face-lift by proposing an additional flyover between PICUP and Indira Gandhi Pratishthan. The State government has taken up widening of the Lohia Path, which is said to be the ruling party Samajwadi Party chief Mulayam Singh Yadav.

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New road may be built in Pimple Saudagar in Pune

New road may be built in Pimple Saudagar in Pune

In Pune area, an alternative road in Pimple Saudagar will be built by the Pimpri Chinchwad Municipal Corporation (PCMC) to link the area to Sangvi-Kiwale bus rapid transit (BRT) route in the city. The existing two-km road from Planet Millenium to Rakshak chowk passes through defence areas.

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Varun Shipping reports Rs 54.94 cr net loss

Varun Shipping reports Rs 54.94 cr net loss

Media reports say that Varun Shipping Company reported a net Loss of Rs 54.94 crore in the quarter ended September 2013 as against net loss of Rs 116.03 crore during the previous quarter ended September 2012. Sales declined by 58.48 per cent to Rs 35.63 crore in the quarter ended September 2013 as against Rs 85.82 crore during the previous quarter ended September 2012.

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Loans of RBS shipping under review

Loans of RBS shipping under review

Agency reports say that Royal Bank of Scotland is reviewing its shipping loan business and billions of dollars from the portfolio are expected to be placed in the part-nationalised groupÂ’s new internal 'bad bank.'

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Gurgaon realty prices up thanks to Rapid Metro

Gurgaon realty prices up thanks to Rapid Metro

For residents of MG Road, DLF Phase II and III in Gurgaon, the Rapid Metro will become a boon. It will also add sheen to the commercial properties in DLF Cyber City. Cushman and Wakefield says that since the start of construction of Rapid Metro in 2010, the residential properties on MG Road, DLF Phase II and III witnessed an appreciation between 35 per cent and over 100 per cent.

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Plea to Karnataka govt for new industrial policy

Plea to Karnataka govt for new industrial policy

The Karnataka government should bring out its new industrial policy in tune with the rapidly changing economic environment. This requisition has been made by the Bangalore Chamber of Industry and Commerce (BCIC). The BCIC has submitted a memorandum to the State government in this regard.

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Govt to up ports’ capacity to 3,200 mtpa

Govt to up ports’ capacity to 3,200 mtpa

Union Shipping Minister GK Vasan on November 16 said that the Ministry targets to boost the capacity of Indian ports to 3,200 million tonne (mt) by 2020. The capacity of Indian ports, including major and non major ports, has now crossed 1,300 million tonne per annum (mtpa).