The inaugural Indian Grand Prix was a grand success. Many in the Formula One world might have wondered if India is capable of pulling of such a big feat. When the world champion Sebastian Vettel won India's first ever Formula One,
Category: ECONOMY & POLICY
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REC plans Rs 1,000 cr infra bonds
Rural Electrification Corporation (REC) plans to raise Rs 1,000 crore by issuing tax-saving infrastructure bonds in the current financial year.
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MCD's 4 projects scrapped
Four projects of Municipal Corporation of Delhi's (MCD), which were funded by the Central government's Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme in December 2009
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Project excellence awards
The IPMA International Project Excellence Awards for 2011 have been presented recently. Tecnimont ICB (TICB), the Indian subsidiary of Maire Tecnimont Group, awarded the IPMA International Project Excellence Award 2011
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Infra companies keen on Africa
The country's infrastructure companies are increasingly taking up projects in Africa to offset the impact of slowdown in domestic orders because of delayed decision-making by the government, hurdles in land acquisition and environmental clearances.
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Public procurement: Reforms to make procurement professional
Public procurement has been under scrutiny because it is suspected for poor material quality and corruption. Vinod Dhall explains how a new department in the making, hopes to clean up and bring about systemic reforms in public procurement.
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RInfra launches mobile environment monitoring system
Reliance Infrastructure (RInfra) launched a mobile environmental monitoring system at the140-km stretch of Pune-Satara corridor. Shrimat Chhatrapati Udyan Raje Bhonsale, MP, flagged off the mobile van at Annawadi Toll Plaza.
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Infra projects on fast track
Worried by the looming European economic crisis and the slow progress of some major public sector infrastructure projects worth Rs 30,000 crore, which could impact the already sluggish economic growth, the Government has decided to put them on fast track, by addressing logistical and environmental concerns.
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FM pitches to US investors for infra projects
Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its $1 trillion infrastructure development plan. At the USIBC-FICCI round table, Mukherjee inforÂmed the gathering that his government was working towÂards building a consensus on a number of pending policy issÂues, like introduction of Goods and Services Tax, National Manufacturing Policy, liberalisation of FDI policy
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Vox Pop: Procurement is now sophisticated, international
Procurement practices are constantly being redefined, yet understanding of technology and competition is still young, say experts.About 60 percent of an Engineering, Procurement, Construction (EPC) project cost goes to procurement. Have you seen an evolution from procurement to supply chain management?