Hyderabad-based infrastructure player IVRCL Limited will receive Rs.400 crore from the sale of three road projects in Tamil Nadu after the delayed monetisation resulted in a loss in value of the projects.
Tag: investments
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The market is already quite big but not as big as it should be
This is all about connectivity and a country needs to have infrastructure in roads, railways, energy, power plants and being able to provide the necessary infrastructure that is needed, in the case of India, to achieve a good degree of success with the Make in India campaign.
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Govt plans to put 98% sectors for FDI
Government is planning to put 98 per cent of sectors, which are open to foreign investments, under the automatic route so that businessmen won´t need to visit the Finance Ministry or ´Udyog Bhavan´ for any approval, a top official said.
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Cochin Shipyard to raise Rs.600-700 cr
Cochin Shipyard, which recently received Cabinet clearance for an initial public offering, is planning to raise Rs.600-700 crore to support the company´s Rs.2,500 crore investment in the ship repair facility and a new dry dock.
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Keen to scale up investments: PM
PM Narendra Modi said rupee bonds to fund infrastructure projects will be launched in countries like Singapore. ´We are keen to scale up investments in next generation infrastructure including digital networks and clean energy,´ he said.
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We expect 2015 to bring about consolidation, as well as restore vitality within the sector
The Indian mobile telephony industry currently has a cumulative debt of over Rs 300,000 crore with many operators even making negative returns on their investments.
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Odisha approves Rs.41,900 cr investment proposals
The High Level Clearance Authority (HLCA) has approved seven projects with investments totalling Rs 41,900 cr. Among the projects cleared was an FDI proposal by Japan based J Green Power Ltd to set up 423 MW gas-based power plant at a cost of Rs 3,106 crore.
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The PEB Wave
The shift from in-situ construction to factory-controlled pre-engineered high quality construction has changed the requirement of engineering, materials, and skills for the construction industry.
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SETTING SAIL
Over the past few years, maritime industry has been the centre of focus for the country´s EXIM trade. Indian ports and shipping play a vital role in sustaining the country´s growth in trade and commerce.
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Govt to expedite 60 rail link projects: Anil Sawrup
In an attempt to arrest the last mile connectivity impediments, the ministry of coal with the help of the ministry of railways, will expedite 60 rail link projects.