Though Namma Metro is preparing for a June-launch of services between Magadi Road and Mysore Road on the East-West Corridor, for the first time in the history of the Bengaluru Metro project, Bangalore Metro Rail Corporation (BMRCL) will run a train through a tunnel on March 12.
Category: Roads & Highways
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Tax-free infra bonds for railways & roads
Moving ahead with NDA Government´s focus on building infrastructure, Finance Minister Arun Jaitley in his budget speech announced introduction of tax-free infra bonds for railways and roads.´We have increased the budgetary allocation to roads & railways,´ said Jaitley.
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Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
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There´s a need to create a pool of professionals
The focus should heavily be on skilling, re-skilling and up-skilling of labour resources. In order to grow and make campaigns like ´Make in India´ a success, the industry needs access to talent that is ´job ready´-talent that needs minimal or no training when recruited for a particular role.
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The new government has made the right noises
Egis in India is a cornerstone for the Egis Group because you know there are two economies in the world which are the ones that would pull the whole world out of the so-called recession; one is China, and the other is India. Now Egis has a dominant presence in India where we have 10 per cent of the total workforce in India of the total group and we are one of the very few subsidiaries which are contributing significantly to the top line (and) bottom line of the group.
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Land Acquisition Ordinance: Legality & impact on infra
The amended Land Acquisition, Rehabilitation and Resettlement Act, 2013, will help shorten project timelines and drive development, feels the business community.
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DPR of Itanagar-Banderdewa highway project cleared
The proposed Itanagar-Banderdewa four-lane highway whose detailed project reports (DPRs) were pending with the Union Ministry of Road, Transport & Highway (MoRTH) was put on fast track at a high level meeting chaired by Union MoS for Home Affairs Kiren Rijiju in New Delhi.
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Road Ministry pushes NHAI infrastructure bonds
The Ministry of Road Transport and Highways is wooing the Employees´ Provident Fund Organisation to lend its support by investing in an upcoming issue of infrastructure bonds by the National Highways Authority of India
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Gammon to buy Sadbhav stake in Expressway
Gammon Infrastructure Projects Ltd (GIPL) has said that it will buy out Sadbhav Engineering´s 20 per cent stake in the Mumbai-Nasik Expressway for Rs 72 crore.
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Navi Mumbai bridge revamp
Mumbai Metropolitan Region Development Authority will have to change the alignment for the Ghatkopar-Ghansoli-Koparkhairane after the civic authority raised objection against building the flyover via the Kanjurmarg dumping ground