Mahanagar Gas (MGL) has listed at Rs.540, a 28 per cent premium against issue price of `421 per share, on the National Stock Exchange (NSE). The stock hit a high of 549 within minutes of listing. It also touched a low of Rs.532 in intra-day trading.
Tag: infrastructure
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Decoding the Arbitration Amendment
India is moving towards reviving the infrastructure sector by encouraging investments by private players and reinvigorating the sector through Public-Private Partnership (PPP). The government is also providing the much-needed push by increasing the budgetary allocation to Rs.2.21 lakh crore for key infrastructure areas, such as roads, railways and ports.
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The cloud is an absolute natural fit for the Indian industry
Cloud computing is absolutely the right fit for the Indian economy, purely because a large part of our businesses are in the micro, small and medium service enterprises (MSME) space.
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HCC achieves tunnel boring in crucial Delhi Metro III project
Infrastructure major Hindustan Construction Company (HCC) has successfully achieved a major breakthrough by day-lighting the tunnel on the Dwarka-Najafgarh Metro corridor.
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METRONOMICS
The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.
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Need to blend solutions locally
We are active in India since April 2012 when we signed the operation and maintenance contract for the Hyderabad Metro Rail with L&T, which is involved in construction of three lines of 73 kilometres under the public-private partnership (PPP) model for the past four years
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CCEA approves three major highway projects across the country
The Cabinet Committee on Economic Affairs has given its approval to three major highway projects. Briefing the media in Delhi, Finance Minister Arun Jaitley said that the government has given its nod to the four-laning of the 80 kilometre long Phagwara-Rupnagar section of NH-344A in Punjab at a cost of Rs.1,444 crore, in Hybrid Annuity Mode.
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Addressing Infrastructure Financing Needs
After liberalisation, the government´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.
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Aerobridges Bridging Barriers
Aerobridges make boarding and disembarking from an aircraft more comfortable and convenient for passengers, particularly the elderly, disabled and those with children. They also enhance the security of terminal operations.
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Technology evolution is the rule of any industry
Kalmar, part of Cargotec, offers the entire range of products for port and marine logistics. We supply quay cranes, RTGC, ASC, straddle carriers, shuttle carriers, reach stackers, empty container handlers, forklifts, terminal tractors and automatic stacking cranes.We also provide handling solutions to heavy industries and rental segment customers