Govt to invest Rs 8.5 lakh crore in Railways

Last Updated: Thursday, September 3, 2015, 13:19

Sharpening focus on infrastructure development to boost growth, government will invest Rs 8.5 lakh crore in Indian Railways to change the face of the sector, Minister of State for Finance Jayant Sinha said on Thursday.

Cabinet approves Rs 20,000-crore infra investment fund

Last Updated: Wednesday, July 29, 2015, 21:38

The Union Cabinet on Wednesday approved creation of a Rs 20,000-crore National Investment and Infrastructure Fund (NIIF), a sort of sovereign fund, for development of infrastructure projects, including the stalled ones.

Centre, states discuss ways to boost exports

Last Updated: Wednesday, July 15, 2015, 17:13

The Commerce Ministry on Wednesday asked states to expedite infrastructure development process and formulate a trade policy in order to boost exports.

Centre aims to build 30 km NH every day: Nitin Gadkari

Last Updated: Friday, July 10, 2015, 19:58

He said his ministry had already set a target to spend Rs 5 lakh crore in road infrastructure and Rs one lakh crore in inland water projects within five years.

NHIDCL to award Rs 1.3-tn highway projects in tough terrain

Last Updated: Sunday, June 14, 2015, 12:32

The National Highways and Infrastructure Development Corporation (NHIDCL) will also be laying out 1,500 km of highways in various states under Modi government's ambitious Bharat Mala project.

RBI allows banks to invests in infra bonds of other lenders

Last Updated: Monday, June 1, 2015, 22:16

In a bid to boost infrastructure development, the Reserve Bank Monday allowed banks to invest in long term infra bonds of other lenders.

Sadbhav Engineering-led JV bags Rs 454 cr road project in Punjab

Last Updated: Monday, June 1, 2015, 14:55

"Company will lead the joint venture with 51 percent participation share," it said.

South Korea to give $10 bn to India for infrastructure development

Last Updated: Monday, May 18, 2015, 11:09

South Korea Monday decided to provide USD 10 billion to India for infrastructure, development of smart cities, railways, power generation and other diversified areas as the two countries agreed to upgrade their bilateral relationship to a "Special Strategic Partnership".

State-run builder NBCC eyes India's land bank to boost orders

Last Updated: Thursday, May 14, 2015, 14:14

NBCC is betting on the redevelopment of mn of square feet of vacant government property aiming to grow by 25%.

IDFC to increase provisioning for exposures

Last Updated: Monday, May 4, 2015, 18:37

The power sector comprises 40 percent of IDFC's book, which decreased 8 percent in FY15 to Rs 54,745 Cr.

Infrastructure development a national priority: Sinha

Last Updated: Saturday, April 25, 2015, 20:59

Sinha said what the world has learnt in the last few years was reverse public-private-partnership

India among source markets for capital into Dubai

Last Updated: Sunday, March 29, 2015, 15:12

India was among the top source market for Dubai whose infrastructure development initiatives and the services industries remained the major drivers of capital into emirate in 2014.