he Big 5 Construct India 2013 held at the Bombay Exhibition Centre in Mumbai recently drew attention of the construction and infrastructure sector. The event showcases new global products and technologies in product sectors. The Big 5 Construct India 2013 was organised by the Federation of Indian Chambers of Commerce and Industry (FICCI)
Tag: infrastructure sector
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DoT to seek tax sops for telecom infra sector
The Department of Telecom (DoT) is planning to seek a tax holiday for 10 years without a sunset clause from the Finance Ministry and make viability gap funding available for the telecom infrastructure sector, according to reports.
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A difficult environment like now is time to take fewer risks
When times are tough, it's time to soften up. But while banks need to be supportive to the industry in difficult times, they are not geared up to involve themselves at a pre-project stage, says RK Dubey
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Enabling infra SMEs efficiency
Cloud-based IT solutions are likely to be a game changer over the years to come, as they will provide a level playing field to SMEs and JVs vis-a-vis the big organisations. Satish Pendse explains how cloud-based solutions can be a boon to SMEs in infrastructure sector.
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Quick fix
A closed group discussion recently conducted by ASAPP Media in New Delhi focused on speedy solutions to give India Inc's $1 trillion infrastructure programme a big push. Shrikant Rao, who also moderated the discussion, reports.
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ECB norm relaxation
EAfter holding consultation with Indian companies, especially in the infrastructure sector, the government may relax guidelines for accessing funds through external commercial borrowing (ECB).
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Cement industry poised for better growth
Growth in cement demand in 2013-14 may improve as the economy is expected to grow faster during the year and also because the governmentÂ’s policy initiatives may promote infrastructure sector,
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CII recommendations: Issues in infrastructure
In order to make the Indian infrastructure sector viable and capable, the CII has recommended on some key policy issues. The Industry body has sought that these recommended key steps will give a fillip to investment in the sector.
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Restructuring should not be considered anathema
Although banking sector stress may have 'bottomed out', as he puts it, India's infrastructure sector remains vulnerable to risks, both inherent and external. Corporate restructuring should not be thrown out the window as a solution for problems that are extraneous to a project.
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Action: Bric by bric
The Cabinet Committee on Investment is moving steadily in the direction of unwinding gridlocks. After the last meeting this month with banks P Chidambaram has initiated them to highlight the funded projects which are stuck due to clearances. The banks have moved with alacrity and their first such meeting took place in Bangalore hosted by Canara Bank