The HSIIDC and CFLD have formed a JV to develop an industrial township in around 1,500 acres of land, spread across Sohna and Manesar in the Gurgaon district, Haryana. The township will cost about Rs.33,595 crore.
Category: ECONOMY & POLICY
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KC Valley project to be completed by August 17
Deputy Commissioner KV Thrilokchandra aims to complete the Koramangala-Challaghatta (KC) Valley project work by August 15, 2017. The project envisages treating of sewage water of Koramangala and Challaghatta valley in Bengaluru, and channelizing the treated water into tanks in Kolar district as well as Chintamani taluk of Chickballapur district.
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Carlson Rezidor to construct 40 hotels by 2020
Carlson Rezidor will be completing 40 properties which will come on stream in the country by 2020.
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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.