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India to attract $80 bn FDI

India to attract $80 bn FDI

India could attract $80 billion in foreign direct investment (FDI) in the coming two years, according to a research report by Morgan Stanley. India received $48-billion FDI in the last two years.

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India to get $975 mn WB loan for rail project

India to get $975 mn WB loan for rail project

The World Bank (WB) has signed a $975 million loan agre­ement 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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Gujarat to develop new ports

Gujarat to develop new ports

The Gujarat government has finalised plans to develop six to seven new ports in the state. Large investments would flow into the port sector in the coming years. The state is planning ports at Dahej, Nargol, Vansi Borsi and Kutchhigarh,

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India, Vietnam sign pact on oil & gas cooperation

India, Vietnam sign pact on oil & gas cooperation

ONGC Videsh (OVL), and the Vietnam oil and gas group PetroVietnam (PV) have sign­ed an agreement on cooperation in the field of oil and gas. The framework agreement was signed in the presence of Prime Minister Manmohan Singh and Vietnamese President Truong Tan Sang, who was on a visit to India.

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Government approves four expressways

Government approves four expressways

The government has appr­oved building over 1,000 km of expressways under NHDP, entailing an investment of Rs 16,680 crore. The projects include 400 km long Vadodara-Mumbai, 66 km long Delhi-Meerut,

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Private investments rising

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

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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Airtel for Tower Vision stake

Airtel for Tower Vision stake

Bharti Airtel, along with American Tower Corporation and Carlyle has submitted first round bids for a stake in Tower Vision, an independent telecom tower company.