NCC Ltd to divest stake in road proj SPVs to pare debt

Last Updated: Wednesday, June 17, 2015, 18:30

NCC Ltd (NCCL) on Wednesday said it is making efforts to divest its stake in road project SPVs and the proceeds from it will be utilised for bringing down its debt.

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.

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.

DMIC: Govt clears Rs 4,318 cr to construct trunk infra

Last Updated: Saturday, May 30, 2015, 17:24

The government on Saturday approved Rs 4,318.28 crore for constructing roads and basic amenities at two industrial regions in Gujarat and Maharashtra under the Delhi-Mumbai Industrial Corridor (DMIC) project.

Corrective steps being taken to propel economic growth: Gadkari

Last Updated: Thursday, May 28, 2015, 22:33

In an apparent dig at the previous UPA regime, Union Road and Transport Minister Nitin Gadkari on Thursday said lack of appropriate policies forced India's development to take a backseat but now corrective measures are on to propel economic growth.

China sets up gold fund as part of Silk Road initiative

Last Updated: Monday, May 25, 2015, 14:13

The fund`s activities could take in the launch of gold-backed exchange-traded funds and buying stakes in listed gold companies and mining firms.

China sets up "largest" gold fund for nations along Silk Road

Last Updated: Sunday, May 24, 2015, 18:20

China, the world's biggest gold producer, has set up a gold sector fund involving countries along the ancient Silk Road which is expected to raise USD 16.1 billion.

Court clears way for completion of Dwarka Expressway

Last Updated: Thursday, May 21, 2015, 17:13

The 18-km long Dwarka Expressway is an eight-lane expressway linking Dwarka-Gurgaon.

Arun Jaitley outlines economic road map for NDA's second year in office

Last Updated: Sunday, May 17, 2015, 13:34

Finance Minister Arun Jaitley on Sunday outlined the economic road map for the year ahead and said making taxation reasonable and ease of doing business would be a priority.

GRT India looks at Rs 1,500 cr revenue in next 3 years

Last Updated: Wednesday, May 13, 2015, 10:35

Australia-based company, which specialises in polymer soil stabilisation, will be investing around Rs 100 cr.

Centre announces Rs 20,000-cr road projects for North-East

Last Updated: Saturday, May 2, 2015, 17:51

Currently, Rs 31,025 crore worth of roads running into over 3,700 km are under development, which are being constructed by 10 players through 104 projects.

Mercedes-Benz launches road safety campaign in India

Last Updated: Wednesday, April 29, 2015, 16:37

German luxury car maker Mercedes-Benz today launched a campaign to emphasise awareness on road safety in India in association with its four group companies working in the country.