The Centre and States have decided to join force to set up a mechanism to fast-track stalled infrastructure projects. The proposed ´joint mechanism´, to be headed by Cabinet Secretary Ajit Seth
Category: ECONOMY & POLICY
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Growth in infra, construction sectors to remain stressed
Growth of infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, a report by India Ratings and Research said.
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Govt cancels 9 SEZ projects
The Government has cancelled approvals of nine special economic zones (SEZs). This decision was taken by the Board of Approvals (BoA) for SEZ, at its meeting on 18 September.
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BSNL-MTNL merger options
The Department of Telecom (DoT) is considering various options for a merger of the Mahanagar Telephone Nigam (MTNL) and Bharat Sanchar Nigam (BSNL).
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TRAI Chairman calls for revised telecom M&A guidelines
The Telecom Regulatory Authority of India (TRAI) said that current merger and acquisition (M&A) rules needed to be reworked by the government for any pick up in consolidation activity.
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Bhubaneswar BRTS to follow A´bad
The Odisha government is planning the Bhubaneswar Bus Rapid Transit System (BRTS) in line with the Ahmedabad BRTS.
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NBCC MAY develop NEW AP capital
Andhra Pradesh government is in advanced stage of talks with National Buildings Construction Corporation (NBCC) for the development of capital city Vijayawada.
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Equipment market to grow by $30 bn
The telecom equipment market is set to increase by nearly $30 billion between 2013 and 2018, according to a report by Dell´Oro Group.
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Online approvals for infra projects by fiscal-end
To fast-track project approvals and cut down corruption and red-tape, the government is working on making all clearances required for infrastructure and industrial projects available online by the end of the fiscal.
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New UP electronic mfg policy
The Uttar Pradesh government has approved the electronic manufacturing policy, under which three clusters including one in Greater Noida