There is positive sentiment and business confidence in the new government and its vision ´Make in India´. With the new government focused on improving infrastructure development, we are optimistic that the infrastructure sector will gather pace in the coming years.
Category: ECONOMY & POLICY
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Make in India or MAKE INDIA?
Is India equipped to go the whole distance and become a global manufacturing hub? We take a look at what is being rolled out and what needs to be done.
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Dr GC Gopala Pillai appointed KINFRA MD
Dr GC Gopala Pillai has been appointed as Managing Director, Kerala Industrial Infrastructure Development Corporation (KINFRA), a statutory body of the government of Kerala.
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Three-pronged strategy for Clean India
Union Minister for Urban Development, Housing and Urban Poverty Alleviation, and Parliamentary Affairs, M Venkaiah Naidu has called for a three-pronged strategy to
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FDI norms eased in construction
The Cabinet has relaxed norms for foreign direct investment (FDI) in construction development to make the sector more attractive for overseas investors.
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Pvt banks lower interest rates for corporates
Banks are tweaking interest rates on loans to the corporates of India. On a selective basis, depending on the tenure or security of the loan, banks, especially in the private sector, are tweaking rates to suit the demands of corporates.
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DSIR project to get new thrust
Significant developments is expected shortly in the Dholera Special Investment Region (DSIR) as the Delhi Mumbai-Industrial Corridor Corporation (DMICDC) Trust, the Government of India´s nodal agency for the execution of the DMIC project has agreed to pump in Rs 3,000 crore for infrastructure development at the SIR, mainly for flood control in the area.
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India to grow at 8-9 per cent
According to the Union Finance Minister Arun Jaitley, India has the capacity to grow at 8-9 per cent and good governance would make economic expansion ´more exuberant´.
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Delhi public transport cheapest in world
The Capital has emerged as the most affordable city in terms of urban transport among 60 cities across the globe in a survey done by GoEuro
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Bharti Infratel plans to acquire Idea, Vodafone towers
Bharti Infratel is looking at the option of taking over the telecom towers of Vodafone and Idea Cellular in India at a valuation of Rs 5,000 crore.