Jaypee Infratech announced it had defaulted, for the first time, on interest payments to Indian banks of Rs.193 crore and of Rs.300 crore to Life Insurance Corporation of India in repayment of principal.

The government's ambitious Rs 4,000 crore 'Metrino' public transport project, which will enable people to travel in driver-less pods suspended to a ropeway in the national capital region, will hit the ground soon. A presentation has already been made before Prime Minister Narendra Modi and the entire Union Cabinet and the work will start within six months, Road Transport and Highways Minister Nitin Gadkari said.

The upcoming Line 8 of Delhi Metro’s Phase-III with advance metro signaling system will be operated without drivers and its operations will begin June. Delhi Metro Rail Corporation (DMRC) awarded Japan based Nippon Signal Co Ltd, a contract worth around 3.7 million JPY for the signaling system.

B Santhanam is the President and MD - Flat Glass South Asia, Egypt and Malaysia, Saint Gobain Glass.

The total investment required in urban transport works out to roughly about Rs.1 lakh crore per year for the next 20 years. It is important to find appropriate ways and means to be able to generate this kind of investment.The next phase of India´s growth is predominantly dependent on planned urbanisation and the key to planned urbanisation is robust.

Mundra port in Gujarat has handled 100 million tonne (mt) of cargo during 2013-14, joining an elite club of global ports that have reached this mark. Mundra also became India's biggest port in terms of cargo handled. Mundra port surpassed Kandla port, located just 60 km away on the Gulf of Kutch in Gujarat, in terms of the amount of cargo handled.

The idea of quantifying a design participation in an engineered infrastructural solution expresses the lack of understanding of the same. One needs to promote collaborative design solutions between engineers and architects to bring this faculty of design to its logical position

Rajasthan government would focus on upgrading key infrastructure like drainage lines, roads and drinking water across Jaipur as the city has become a counter-magnet area. This would be part of the state government's proposals related to the infrastructure development in the city. The government is preparing the proposal and would submit the same to National Capital Region Plann

IDFC Private Equity, IL&FS Investment Managers and the Asian Development Bank (ADB) sold their cumulative 50 percent stake in Kanpur-based Central UP Gas (CUGL) to Indraprastha Gas for about Rs 70 crore. These three organisations invested Rs 30 crore in CUGL in 2006. While IDFC Private Equity and IL&FS Investment Managers held 15 percent stake each, ADB held 20 percent stake