Carlson Rezidor will be completing 40 properties which will come on stream in the country by 2020.
Category: ECONOMY & POLICY
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Government´s non-tax kitty may touch 5-year high
The telecom sector´s contribution towards non-tax revenues of the Indian government in the current fiscal is likely to be the highest in the past five years due to the mega spectrum auction, which is likely to take place in September this year, ICRA said.
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Telecom Commission sets SUC at 3percent of revenue
The Telecom Commission has fixed the weighted average spectrum usage charge (SUC) at a minimum of 3 per cent of revenue, raising the user charge for Reliance Jio Infocomm and Maxis-controlled Aircel, while shooting down the formula of flat revenue share rate across all airwave bands and operators, proposed by the Telecom Regulatory Authority of India (TRAI).
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Centre approves plan to reduce ESZ
The Union Ministry of Environment and Forests has accepted a state government proposal to exclude 165 hectares from the eco-sensitive zone (ESZ) around the Sanjay Gandhi National Park at Borivali, Mumbai effectively paving the way for construction of the car-shed for the Metro-III at Aarey Colony.
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Infrastructure | A Travesty of Partnerships
We need to improve our infrastructure, and if someone asked, by when, the obvious answer will be yesterday! According to a study by S&P Global Ratings, the country´s poor infrastructure is the biggest hurdle to the government´s ´Make in India´ programme, and they went on to add that the infrastructure deficit is costing the nation up to 5 per cent of our GDP.
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JCB India showcases its ´Made-in-India´ product solutions
JCB India showcased its world-class range of material handling product solutions in an event at New Delhi. Its three class leading machines, namely, telehandlers, skid steer loaders and super loaders are revolutionising the material handling industry in India.
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IL&FS Engineering bags Rs.532-cr project from NMRC
IL&FS Engineering and Construction Company has bagged a Rs.532.67-crore contract from Nagpur Metro Rail Corporation (NMRC) to construct elevated Metro stations. The project involves construction of seven elevated Metro stations and three ´at-grade´ stations - Congress Nagar to Khapri and related works.
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Meeting CSR Targets
IIFCLÂ’s Corporate Social Responsibility programmes aim to address the sustainability issues that are most relevant. The company will carry forward its CSR activities for upgrading social infrastructure in India.
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Lack of infrastructure is a basic problem
More than 90 per cent of India´s inbound and outbound cargo is moved by the freight forwarding industry. Our association is the apex body and is a national body for this industry. We are a very important link between the trade and the government as we represent the interests of the trade to the government and assist in bringing the relevant policies to the trade.
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Hard infrastructure has to be backed by soft infrastructure
We should have had it 20 years ago, but we still don´t have it. It was thought of when the Congress was in power and it was the BJP which was the principal opponent to it. Now when the BJP is in power it is the Congress which is the principal opponent. Our national parties need to come to terms over what is good for our nation and leave their individual stands aside.