With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.
FlashNews:
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REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
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Budget 2025-26: Rs 1 lakh crore fund to transform cities
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NBCC Celebrates 76th Republic Day at Its Headquarters
Tag: MoSPI
Needed: Project Managers
The Indian Railways, which had a modest beginning in 1853, has since then been an integral part of the nation, a network that has held together a population of one billion
India´s infrastructure sector performance improved in FY15
India´s infrastructure performance in 2014-15 was better than the previous fiscal as production of inputs, including power, steel, coal and cement moved up.
272 projects across various sectors face delay
Data released by the Ministry of Statistics and Programme Implementation (MoSPI) shows 272 projects out of a total 558 projects costing at least Rs 150 crore are running late as on March 31, 2013. As many as 59 of these projects reported delays just in March 2013 (additional delay
Risk Management: Mitigating delivery flaws
Infrastructure projects, by their very nature, are long duration and capital intensive. Keeping in mind the nature of infrastructure projects, both the companies and governments involved in the development of infrastructure have to devote significantly high investments, and human and technical resources.