DK Mittal, Secretary, Department of Financial Services (DFS) informed that the finance ministry has sought the formal approval of the cabinet for infusing a total of Rs 12,000 crore capital into various public sector banks (PSBs). The department has already firmed up the list of 12 banks that would get capital support. The funds are likely
Tag: investment
Post
Post
Gujarat ports to gain expertise from global players
Gujarat government seeks to gain technical and management expertise from international port authorities and port operators during the upcoming investment summit, Vibrant Gujarat Global Investors' Summit, 2013. Key international port players like Israel Ports Com
Post
Vizag Steel works on captive power plant project
In order to ensure assured power supply for its future requirement, the Visakhapatnam Steel Plant is working on a 240 mw captive power plant project in two phases. In the first phase, the firm would be setting up a 120 mw blast furnace gas-based captive plant with an investment of Rs 677 crore. AP Choudhary, Chairman and Managing Director of the firm, laun
Post
City gas distribution is in evolution stage
The policy makers, regulator and CGD companies must come together and work towards bringing about positive changes in the sector to maintain its attractiveness, writes Samrat Chauhan.
Post
Infrascape 2013 | Policy reforms to accelerate capacity building in distribution
When we reflect on the developments in the power sector in 2012, we find that it was a mixed bag. The generation sector saw a phenomenal, unprecÂedented, capacity additÂion thus, bridging the energy gap to a great extent. Today, the total installed generation capaÂcity is over 209,000 MW after an addition of over 50,000 MW in the 11th 5 year plan period.
Post
Infrascape 2013 | We do not expect any dramatic impÂrovement in 2013
The year 2012 has been a challenging year for the logistics sector as the economic slowdown affected manufacturing leading to general decline in the movements of goods across sectors like auto, commercial vehicles, heavy engineering and capital goods. Tight credit situÂation, no major policy reforms and weak demand made the situÂation further difficult for the sector.
Post
Quality Infrastructure a catalyst to Vibrant Gujarat
Gujarat is known as a land of entrepreneurs where development is given special importance. Its state-of-the-art infrastructure ensures stable growth which also attracts heavy investments for the state, writes Maheshwar Sahu. Infrastructure is the foundation for any industrial and inclusive socio-economic development. No country or a state can make holistic progress or attract foreign and national investments unless it offers quality infrastructure to support the growth.
Post
Importance of PPP for Indian Railways
With the Indian Economy still being in growth trajectory, the country faces acute gridlock in its rail transport. The massive upgradation and expansion of railways is not only critical input needed to stay at the desired growth but the act of massive investment in railways itself will be a propellant for further uplifting the inclusive growth of the economy, writes Mohit Sinha.
Post
Restructuring must be done only when viability is not in question
Rather than having viability problems, infrastructure projects are typically “front-ended”, so it is often the mismatch between the lending and the project’s revenue-making tenures that lead to an increased likelihood of restructuring, says Arundhati Bhattacharya, MD & CEO of SBI Capital Markets in an interaction with Sumantra Das.
Post
Centre eyes stiff road target in Five-year plan
To get at least 47 per cent investment from the private sector during this 12th Five Year Plan (2012-17) period for construction of highways, the Union government is likely to set a stiff target for Road Transport and Highways Ministry. This is 9 per cent more than what the sector has got during the 11th Five Year Plan.