The coal ministry has objecÂted to a proposal to make it mandatory for mining firms to contribute a portion of their profits towards local area develÂopment, as it will erode valuaÂtion of firms and dampen invesÂtor sentiment.
Tag: India
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Banks should increase their size to participate in the huge infra lending opportunities
Corporation Bank’s lending grew 30 per cent last year, and its confidence in infra-lending is evident. The high growth will continue, according to Chairman and Managing Director Ramnath Pradeep.
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Private Equity: Telecom's infra-sharing model can be replicated in other sectors
IDFC was established in 1997 to channel the private capital into the infrastructure sector, and IDFC Private Equity was established in 2002-3 to provide equity support to infrastructure sector.
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Nuclear site planning: Site selection is first step in nuke safety
Location of a nuclear power plant is the first step to its safety. Although not a single death has occurred in Fukushima so far because of radiation, questions are raised about why a modern nuclear plant in a high seismic and Tsunami-prone location proved so vulnerable.
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Expertspeak: Retail's twin
The low level of land holdings (below 1.5 hectare) in India means that that the average farmer needs to recycle his produce to cash in a short cycle.
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FTWZ: A game changer for India's logistics
Logistics cost in India is approximately 14 per cent of GDP, while the number for most developed nations is about 9-10 per cent. On a 1.6 trillion GDP, this represents absolute value of inefficiency and therefore a logistics market potential of over $65 billion.
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Image makeover
NC Jha, Director Technical, took charge as the acting Chairman of Coal India (CIL) after Partha S Bhattacharya retired on February 28.
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Merchant power cos under pressure
Lower merchant power rates and higher coal prices would ensure sustained pressure on profitability of non-integrated companies.
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Vizag vs Gangavaram
The Visakhapatnam port has improved its performance from the last financial year, but it is still likely to fall short of the target set by the Union Shipping Ministry.
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4 runways for Sriperumbudur airport
The proposed greenfield airport at Sriperumbudur near Chennai will now have four runways, instead of the two planned earlier.