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Govt told to file documents on land allotment to DIAL

Govt told to file documents on land allotment to DIAL

The Delhi High Court, hearing a petition alleging land allotment at a throwaway price to private operator Delhi International Airport (DIAL) for the Indira Gandhi International Airport in Delhi on October 31 asked the Union Government to submit documents related to the allotment of land.

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GQ projects by 2012

GQ projects by 2012

The Union government is expecting to complete the road work, taken up under the Golden Quadrilateral (GQ) projects, by December 2012.Work on four-laning and six-laning of roads has been completed in 5,829 km in the country.The work progress is being monitored closely by National Highways Authority of India (NHAI)and striving to speed up the work.

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KINFRA to set up SEZ

KINFRA to set up SEZ

The Kerala Industrial Infrastructure Development Corporation (KINFRA) has obtained approval from the Union Government to set up a Special Economic Zone (SEZ) for IT/ITES at the KINFRA Film and Video Park at Kazhakuttam, Thiruvananthapuram. The investors in the park will be eligible for various tax and duty concessions and there will be no need for a special licence for imports.

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Bids worth Rs 20k cr invited for highways

Bids worth Rs 20k cr invited for highways

The Union government has invited bids worth Rs 20,000 crore,to widen 2,000 km of highways, opening up a big opportunity for companies such as L&T, GMR,Reliance Infrastructure and Gammon.This has helped the National Highways Authority of India (NHAI) inch closer to its target.

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FDI norms in port sector

FDI norms in port sector

The Union Government allows 100 per cent Foreign Direct Investment (FDI) in port sector to supplement domestic capital, technology and skills, for accele­rated economic growth,