The central government is reportedly taking steps to accelerate award of road projects under public private partnership (PPP) model. As part of this move, the union finance ministry plans to streamline the approval process for road projects, in line with the suggestion of the ministry of road transport and highways
Author: admin (Infratructure Today)
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Govt takes steps to accelerate award of road projects
The central government is reportedly taking steps to accelerate award of road projects under public private partnership (PPP) model. As part of this move, the union finance ministry plans to streamline the approval process for road projects, in line with the suggestion of the ministry of road transport and highways
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Posco wants govt to revalidate green nod
Media reports indicate that the Korean steel major Posco wants the Indian government to revalidate the environment clearance for the Rs 52,000-crore steel project in Odisha. Although the project was given clearance in 2005-06, that was put on hold subsequently. Following this, the green tribunal visited the site and sent its report to the e
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Posco wants govt to revalidate green nod
Media reports indicate that the Korean steel major Posco wants the Indian government to revalidate the environment clearance for the Rs 52,000-crore steel project in Odisha. Although the project was given clearance in 2005-06, that was put on hold subsequently. Following this, the green tribunal visited the site and sent its report to the e
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Expert calls for inclusion of fuel products in GST regime
RSM Astute Consulting is the Indian member of RSM International, which is the sixth largest network of independent accounting and consulting firms in the world. The company focuses on providing services in the areas of corporate advisory and structuring,
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Proposed shift in contractual regime may raise period of cost recovery
Association of Oil & Gas Operators (AOGO) was formed on August 1, 2006 on the initiative of Sastry Karra to network, exchange information on operating issues in upstream segment
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Solar power equipment firms must focus on quality
Mercom Capital Group is a clean energy communications and consulting firm with offices in the United States and India. Mercom consults its clients on market entry, strategy, policy, due-diligence and joint ventures.
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Axis Bank expects 30% growth in housing credit
Axis Bank has a total home loan portfolio of Rs 30,000 crore and the bank plans to increase this at the rate of 30 per cent every year over the next two years. Thus, the bank aims to have a total home loan portfolio of Rs 50,000 crore by the end of 2014-15. The bank's home loan portfolio occupies a major part of its retail lending assets, which stood at Rs
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Essar Oil replacing rupee loans with cheaper foreign debt
Essar Oil is in the process of replacing its high-cost rupee loans equivalent to $2.27 billion with external commercial borrowings (ECBs), for which it has approval from the Reserve Bank of India (RBI). As part of this process, the company replaced the corporate debt restructuring (CDR) loan facility with a new debt facility of about Rs 9,100 crore on commercial terms from similar group of
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Cabinet clears Rs 17 bn second dock project
Union Minister of Shipping GK Vasan informed that the cabinet cleared the proposed Rs 1,700-crore second dock complex project at Haldia recently. It is learnt that the West Bengal government allocated around 160 acre of land for the proposed facility. Kolkata Port Trust (KoPT), however, failed to attract private participants for the project. Though the port auth