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Infrastructure output in Oct down by 0.6%

Infrastructure output in Oct down by 0.6%

The Union government's data on December 2 showed that country's infrastructure sector output fell 0.6 per cent year-on-year in October mainly on lower natural gas and coal production, after growing at its fastest clip in one year the previous month. Output grew at 8 per cent in September.

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Pooling  cash flow

Pooling cash flow

The concept of pooled financing comes at a time when the industry needs it more than ever in recent history.Clearing nearly Rs 2 lakh crore (still a small fraction of the pending part of the pie) was the first step for the Cabinet Committee for Investments and the special committee set up by the Prime Minister's Office for this express purpose.

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India to build its first oil storage facility soon

India to build its first oil storage facility soon

ndia will build its first strategic oil storage facility by January, Union Oil Minister M Veerappa Moily said. India, which is 79 per cent dependent on imports to meet its crude oil needs, is building underground storages at Visakhapatnam in Andhra Pradesh

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Ennore Port to double car storage capacity

Ennore Port to double car storage capacity

To cater to the growing demand for car exports from Tamil Nadu, the Ennore Port is planning to double its car storage capacity from the existing 10,000 units in a year. The additional space at the port would be ready by the middle of 2014-15, the port Director-Operations Sanjay Kumar has said.

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