The inaugural Indian Grand Prix was a grand success. Many in the Formula One world might have wondered if India is capable of pulling of such a big feat. When the world champion Sebastian Vettel won India's first ever Formula One,
Tag: infrastructure
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Infra firms feel the heat of interest cost
High interest costs could take a toll on the overall profitability of infrastructure companies. High interest rates and some other problems connected with land acquisition and inflation levels add to the troubles.
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Macquarie, SBI plan new infra fund
Macquarie Group and State Bank of India are drawing up plans to raise $1 billion to $1.5 billion for their second fund to invest in infrastructure assets and companies in India, according to sources.
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India to get $975 mn WB loan for rail project
The World Bank (WB) has signed a $975 million loan agreÂement with the Indian government to build part of a massive freight railway line connecting north and eastern India. India is infusing huge investment into overhauling its ageing infrastructure network,
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MCD's 4 projects scrapped
Four projects of Municipal Corporation of Delhi's (MCD), which were funded by the Central government's Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme in December 2009
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Infra companies keen on Africa
The country's infrastructure companies are increasingly taking up projects in Africa to offset the impact of slowdown in domestic orders because of delayed decision-making by the government, hurdles in land acquisition and environmental clearances.
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Private investments rising
Private sector's role in infrastructure is poised for significant growth in the 12th Five Year Plan, possibly accounting for about 35-40 per cent of projected investment of $1 trillion, said JP Nayak, President, Larsen & Toubro.
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PPP panel clears 5 projects
A high-level committee to approve public private partnership (PPP) projects cleared five infrastructure sector projects envisaging total investment of about Rs 7,000 crore.
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Procurement policies and practices: At what cost our projects?
With the best designing technology available, why do bridges still collapse and trains still crash in our country? How can our EPC developers and contractors guarantee the best quality material and equipment at best prices?
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FM pitches to US investors for infra projects
Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its $1 trillion infrastructure development plan. At the USIBC-FICCI round table, Mukherjee inforÂmed the gathering that his government was working towÂards building a consensus on a number of pending policy issÂues, like introduction of Goods and Services Tax, National Manufacturing Policy, liberalisation of FDI policy