The market for construction and mining equipment is poised for growth, says Devendra Kumar Vyas, CEO - Financial Services, Srei Infrastructure Finance Ltd.
Tag: equipment
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India Infrastructure Summit | A curtain-raiser
The India Infrastructure Summit is the largest platform for policy debate relating to infrastructure sector in India. The seventh edition will be held in New Delhi on 16th November.
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Data to accelerate expansion of mobile telephony
Granting of infrastructure status to the telecom tower industry has resulted in varied financial benefits. External commercial borrowing rates have improved. However, lower import duties and accelerated depreciation benefits are yet to be realised.
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Indian Railways kicks off Talgo trial run
Indian Railways (IR) has started the first trial run of a nine-coach semi-high-speed train, imported from Spain and manufactured by Madrid-based Talgo. If successful, it would put India into a select club of nations with operational semi-high speed capacity of 160-200 km per hour.
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The fine is so meagre. Rs.100 has hardly any value in today´s world, especially in a city like Mumbai
Have you seen the digital boards we already have? They are a little archaic but are being modernised to give all traffic advisories and route advisories in real time. 55 of those traffic variable messaging systems (VMS) should be in place in the next two-three months.
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Banks to push solar panels
The finance ministry has advised banks to ´encourage´ home loan or home improvement loan applicants to install rooftop solar photovoltaic systems and include the equipment cost in the home loan. G
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Hi-tech in infra
India has only recently begun to focus on the growth of its infrastructure. There is still a long way to go in adopting the latest and best technologies for their design, construction and management.
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Project indemnity could boost infra investment
Emerging economies are heavily investing in infrastructure development for a positive economic growth trajectory. The current economic dynamics in India suggest that infrastructure will give a major push to the overall development of the country´s economy in the long run.
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EPC contractual issues
One of the major costs in an infrastructure project is the tax cost that a project has to bear on account of various indirect taxes, viz., the value added tax, works contract tax, service tax and many other similar taxes. Typically, in most of the infrastructure projects, the owner awards a turnkey contract to one party known as the engineering, procurement and construction (EPC) contractor.
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The 2 % mandatory CSR spend is a move in the right direction
Revealing the loopholes in water management, Vivek Shah, Managing Director, K Pack Systems Pvt Ltd, points to the opportunities created and impact of the government´s initiatives.