There are few people in the seats of power who're more convinced about PPP than Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India. In a freewheeling interview and a mood for candour,
Tag: India
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Quasi-judicial body to resolve disputes
The Planning Commission is working on what the new Dispute Resolution Bill should contain. Based on a briefing of Infrastructure Today's round table discussion on Dispute Resolution in Infrastructure (see lead story), Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India,
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Talent pool needed to manage projects
HR shortage is a major reason for a crunch in infrastructure execution. Pratima Sheorey, Officiating Director, SCMHRD, in an email interaction, explains how management training is helping.
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BPCL to invest Rs 5k crore on gas transportation infra
State run oil marketing firm Bharat Petroleum Corporation (BPCL) is all set to make its footprints in creating gas transportation infrastructure pan India. The company is set aside Rs 4,000-5,000 crore to build the gas pipeline infrastructure over next 4-5 years
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Deutsche Bank swaps $450 mn via RBI window
In a first in India, Deutsche Bank has used the Reserve Bank of India's (RBI) window to swap fresh foreign currency non-resident bank (FCNR) (B) dollar funds. The bank raised about $450 million FCNR (B) deposits from about 10 non-resident Indians and swapped it with the central bank.
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Govt earmarks Rs 74,000 cr for ports development
In this current 12th Five Year Plan (2012-2017), the Union Shipping Ministry has decided to earmark Rs 73,793.95 crore for port sector to develop various projects. India has a total of 187 minor ports and 13 major ports spread across its nine maritime states.
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Need of the Hour – Frost & Sullivan to focus on Blue Sky Innovation at its GIL 2013: India
As senior executives and influential thought leaders gear up to address, the challenges that lie ahead of them, they once again realize that innovation is the key to driving long-term revenue growth and developing a competitive edge.
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GMR divests majority stake in GUEL to India Infrastructure Fund of IDFC
In line with GMR Group's Asset Right and Asset Light Strategy, GMR Highways Ltd has signed a definitive agreement with India Infrastructure Fund (IIF) to divest 74% stake in GMR Ulundurpet Expressways Private Limited ('GUEL').
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Banks borrow Rs 247.5 bn from RBI via MSF on Sept 14
From the Reserve Bank of India's (RBI) marginal standing facility (MSF) window, banks in India borrowed Rs 247.50 billion on September 14, when the central bank offered the special funding window due to the cash crunch generated by advance tax outflows.
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India imports Afghan dry fruits via Iran port
Through the Chabahar port in Iran, India has directly received its first batch of commodities-20 containers of Afghan dry fruits-from Afghanistan. The consignment arrived in Mumbai on ships over the last weekend. This was a success of cooperation between India, Iran and Afghanistan. The sea route is an alternative to the Karachi port in Pakistan.