Shapoorji Pallonji Group is in talks with the promoters and private equity investors of Karaikal Port
Tag: infrastructure
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GVK reaches out to JSW Group for stake sale: Reports
The Reddy´s, founder promoters of GVK, have reached out to JSW Group with an offer to sell their controlling stakes in their crown jewels - the two airports in Mumbai and Bangalore.
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IVRCL lenders to convert loans
Lenders of debt-ridden infrastructure firm IVRCL have decided to convert part of their loans to the highway developer into a 51 per cent or more equity holding. T
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We need to address issues on safety, security, infrastructure, revenue models and private sector participation
Aircraft maintenance, repair and overhaul (MRO) providers play an essential role in the aviation industry by assuring the safety and air-worthiness of each aircraft. It is estimated that the global MRO market is worth up to $50 billion.
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Mattannur town on the verge of development
Mattannur, a grade-3 municipality in Kannur district, located 25 km east of the district headquarters, is looking forward to a major facelift in the coming years, as it is located close to the Kannur International Airport project site.
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The banking industry is facing its sachet moment
Telecommunication companies only have payment licenses so they can only take deposits. They can´t lend. What´s happening in banking the world over - and I don´t think India is going to be an exception - is that banking services are being unbundled
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India Aviation Conference 2016
The theme of the event is ´India´s Civil Aviation Sector: Potential as Global Manufacturing & MRO Hub´. The Ministry of Civil Aviation, Government of India and Federation of Indian Chamber of Commerce and Industry (FICCI) are jointly organising the ´India Aviation Conference-2016´ on 17 March 2016 at Hyderabad.
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India and ADB sign $80 million loan agreement
The Asian Development Bank (ADB) and the Government of India signed an $80 million loan agreement to continue improving infrastructure in two North Eastern State Capital cities.
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India taking steps to address infra woes: Jaitley
Emphasising that India is taking steps to address problems in the infrastructure sector, Finance Minister Arun Jaitley said multiple institutions are required to meet the funding requirements in this space. Arun Jaitley
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Shipyard industry gets infra status
The government has granted infrastructure status to the shipyard industry in a boost to its Make in India initiative. The move is expected to bring down borrowing costs for the industry. At present, companies pay average interest of 14-15 per cent on their borrowings.