Real estate development in India is growing exponentially ever since the IT boom started back in the 1990s. But the main concern is to provide a better infrastructure to meet the increasing travel demand as new developments generate new vehicles on roads
Category: ECONOMY & POLICY
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Robbins achieves another breakthrough in Bengaluru
Robbins drives two competitor EPB machines to a milestone at Namma Metro.
On June 8, 2016, one of two 6.4 m (21.0 ft) diameter mixed-face Earth Pressure Balance (EPB) machines broke through at Namma Metro
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Spectrum auction may not find many takers
The biggest ever auction for airwaves is an opportunity for telcos to shore up their spectrum bank and prepare for the imminent data war that is likely to ensue with the launch of Reliance Jio´s services.
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Bharti Airtel to sell 950 towers in Congo
Bharti Airtel has entered into an agreement with Helios Towers Africa (HTA) for divestment of about 950 towers in the Democratic Republic of Congo (DRC). The deal will help Airtel deleverage through debt reduction and reduced capital expenditure, though the size was not disclosed.
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Cabinet nod for rail infra projects
Railway projects worth Rs.10,736 crore were cleared by the government for improving infrastructure in various states, including Uttar Pradesh and Gujarat that go to polls next year.
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Farmers to renew agitation
A farmers group from Marathwada has threatened to renew protest to press for the release of compensation for farmers, whose lands have been used for raising electric towers.
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Andhra Pradesh sets up urban infrastructure asset management firm
In order to establish an urban infrastructure financing mechanism and to attract investment for financing and management of the urban infrastructure projects in the state, the AP government, along with IL&FS, has set up AP Urban Infrastructure Asset Management Limited (APUIAML).
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´Port investments can add 1.4% to GDP growth´
Investments in setting up ports and large industrial cities near them can help push economic growth by up to 1.4 percentage points, Niti Aayog CEO Amitabh Kant has said.
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118 modernisation projects approved
118 projects of port modernisation, worth Rs.53,354 crore have been approved/awarded in the first five years of the 12th Five Year Plan.
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K´taka clears Rs.3,028 cr projects
The state-level single window clearance committee in Karnataka has cleared 42 projects worth Rs.3,028 crore, with employment potential for about 7,114 persons.