In an effort to support funding for telecom facilities, the Reserve Bank of India declared that telecom towers will be treated as infrastructure facility, to get credit from non-banking finance firms.
Tag: Portal
Post
Post
Siemens bags Metro contract
Chennai Metro Rail (CMRL) has awarded a Rs 305 crore contract for power supply and overhead equipment (OHE) to Siemens AG, Germany, and its Indian arm Seimens India Consortium.
Post
HCC caters to Orissa project
Hindustan Construction Company (HCC) has bagged two orders aggregating Rs 152 crore from Hindalco Industries.
Post
Subsidy policy to hit OMCs
Oil marketing companiesĆ¢ā¬ā¢ (OMC) profitability and cash flows will continue to be strained on account of uncertainty over the future subsidy sharing pattern.
Post
AP's land allotment policy
Andhra Pradesh government will soon introduce a policy comprising specific guidelines for allotment of land to entrepreneurs.
Post
Privatisation plan revived
Union Coal Ministry has decided to renew a decade-old proposal of opening up the sector for private investors in order to boost production in the sector.
Post
Locals receive coal blocks
Coal Minister S Jaiswal approved a policy for small and isolated coal blocks that are economically unviable but are enough to feed local demand.
Post
IIFCL signs $250 mn deal with ADB
The government, Asian Development Bank (ADB) and the IIFCL have signed a $250 million loan agreement for tranche 2 of the ongoing Second India Infrastructure Project Financing Facility.
Post
Oil prices favor gas cos
The gap between the price of crude oil and natural gas will provide an impetus to a fast shift towards cheaper natural gas.
Post
Nomura floatS $500 mn fund
Nomura Securities plans to raise $500 million India Infrastructure Fund from domestic investors to invest in companies that build roads, ports and power utilities.