India has launched a massive programme to upgrade infrastructure along the frontier, especially in Arunachal Pradesh, following a string of intrusions by Chinese troops. However, experts believe the work needs to be speeded up to match infrastructure on the Chinese side.
IDFC Alternatives had initially started off with under-construction and minority deals in the infrastructure space by teaming up with engineering, construction and procurement (EPC) firms—a strategy it moved away from for its second fund owing to risks faced on account of being severely over-leveraged.
India’s Adani Enterprises urged the government of Australia’s Queensland state to approve a management plan that would allow construction to start at its controversial Carmichael coal mine.
New investment worth Rs 5,000 crore is going to be injected in the Uttar Pradesh after the state government and IKEA signed a Memorandum of Understanding (MoU) for setting up an ‘integrated commercial project’ in the state which is expected to generate 8000 direct and indirect jobs. The first store in the state is expected to come up in Noida.
In a bid to scale up the operations of its Pune Plant, SANY India has resolved to invest Rs 1,000 crore in it. Construction machinery maker SANY India is the Continue Reading »
Based in US the computer networking gear developer, Cisco is looking for an opportunity to exploit transportation and infrastructure modernisation potential in India, which is expected to attract $500 billion in investments in the next 5 years.
National Company Law Tribunal (NCLT) on Thursday decreed him to consider ICICI Bank’s Rs 7-billion claim.
The South Delhi Municipal Corporation has collected Rs 3.5 lakh as penalties from seven construction companies for “violation” of air pollution control norms .
Agitated over the arrears of salary payments by IL&FS, the Ethiopian staff of the company held Indian workers as hostage there.
Flagship elevated corridors infrastructure project’s construction work proposed by Janata Dal (Secular)-Congress government in Bengaluru is going to get started by January 2019.