Japan International Cooperation Agency (JICA) agreed to lend JPY 295 billion (about Rs 20,000 crore) for the two routes in the proposed Dedicated Freight Corridor (DFC
FlashNews:
South Asia Must Scale Hydro, Storage and Power Trading for Grid Integration: CEA Chief
India Can Save $204 Billion in Infra Pipeline with Better DPR Planning: Vector Consulting
Prime Minister Modi Inaugurates Skyroot’s Rocket Factory; Company Targets $21 Billion Launch Market
IWAI Signs ₹13.5 Billion MoUs to Boost Ganga Waterway in Uttar Pradesh
MOVIN Launches Healthcare Logistics Vertical to Tap India’s $638 Billion Industry
Atlanta Electricals Secures ₹2.98 Billion Transformer Orders from GETCO
Waaree Group Wins 10 MWh BESS Order in Tamil Nadu, Expands Domestic Storage Manufacturing
Cabinet Approves ₹27.8 Billion Rail Multitracking to Boost Gujarat and Maharashtra Connectivity
BC Jindal Group Secures 150 MW RTC Power Deal with SECI
India’s Data Centre Revenue to Hit ₹200 Billion By FY2028, Driven by AI, Cloud and 5G: Crisil Ratings
Sanchar Saathi Recovers 50,000 Phones in October; Crosses 700,000 Nationwide Since Launch
Akasa Air Expands Northeast Connectivity, Adds Dibrugarh as 32nd Destination
Ministry of Power Advances India Energy Stack with Taskforce Review of Strategy and Architecture
Vaishnaw Stresses Industry-Aligned Skilling to Power India’s Digital and Electronics Growth
DGCA Issues Urgent Advisory as Ethiopian Ash Cloud Enters Indian Airspace
DFCCIL Freight Operations Surge 48% as Corridors, Terminals Expand
SMFCL Board Clears $3 Billion Borrowing Plan to Accelerate Maritime Infrastructure Financing
Air India Restores Codeshare with Air Canada to Expand India-Canada Flight Network
Indian Railways Freight Loading Surges Past 1 Billion Tonne Milestone This Fiscal
Bankers to lend Rs 8.3 bn for Rs 11 bn road project
A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project in Karn
Net profit, sales decline for ABG Shipyard
Net profit of ABG Shipyard declined more than 32 percent to Rs 32.8 crore during the quarter ending September 30, 2012 from Rs 48.4 crore in the year-ago period. Net sales of the private sector shipbuilder also declined to Rs 543.6 crore during the reporting period from Rs 571.6 crore in the year-ago period.
Large funds must be attracted to bonds
A committee appointed by Reserve Bank of India (RBI) said called for encouraging large institutional investors such as pension funds, provident funds, insurance companies, etc. to invest in bonds floated by bank
Essar Shipping swings to profit in Apr-Sep 2012
During Apr-Sep 2012, Essar Shipping posted a net profit of Rs 18 crore compared to a loss of Rs 66.8 crore in the year-ago
Pratibha Shipping may seek funds from banks
Media reports suggest that Pratibha Shipping approached a few banks to secure funds for undertaking salvage operations of its small oil tanker and to meet othe
Assam road project gets $320 mn loan from World Bank
World Bank agreed to lend $320-million for improvement and development of some of the roads in Assam
4th Annual India Roads 2011: Cost Cannot Determine Safety
The 4th India Roads Conference 2011 (29-20 June) drew the attention of top industry houses, policymakers and independent consultants, researchers and analysts. With a potent and topical theme (road safety),

