LIC's total assets (Rs 12 lakh crore) almost match the amount the Railways are going to spend on infrastructure over the next 10 years.
FlashNews:
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Bangalore airport expansion starts this month
Bangalore airport's expansion of its passenger terminal building will begin this month and is expected to be complete by December 2012.
Ennore Port to boost capacity
As more ports are gearing up to expand their capacities, both in volumes and draft depÂths, Ennore Port will also augment its anchorage facility to meet growing trade requiremÂents.
BSNL plans PE for tower unit auction
Bharat Sanchar Nigam (BSNL) is planning to rope in private equity investors, includÂing telecom companies, to pick up stake in a new company that will be floated by hiving off the state-run telecom major's towers.
NE to be better connected
The Ministry of Civil Aviation will introduce more flights to the Lilabari and Tezpur Airports in Assam, which are within the vicinity of Itanagar, the state capital of Arunachal Pradesh.
Land acquisition policy drafted
A lopsided pro-farmer land acquisition policy has been drafted in consultation with a section of state governÂments.
ADB lends to MP power
ndia and the Asian Development Bank signed a $69 million loan agreement which is the sixth and final tranche of the $620 million Madhya Pradesh Power Sector Investment Programme.
JNPT eyes tax-free bonds for dredging
Tax-free bonds may be Jawaharlal Nehru Port Trust's (JNPT) new way to a deeper draft.
Interoperability Standards Project launched
IEEE P2030 will enable integration of energy technology & ICT with Power System, accelerating Smart Grid implementation.
India solar power grid parity by 2019-20
Solar power in India will gain parity with conventional electricity only by 2019-20, says a report by KPMG.

