UltraTech Cement Q2 profit halves on subdued demand

Last Updated: Saturday, October 19, 2013, 15:24

UltraTech Cement Ltd, the country`s largest cement maker, reported a 52 percent fall in net profit for the July-September quarter, the biggest drop since 2010, after it was hit by a slowdown in homebuilding and infrastructure projects.

IIFCL to raise up to Rs 2,500 cr from tax free bonds

Last Updated: Friday, October 11, 2013, 16:48

State-owned India Infrastructure Finance Company Ltd (IIFCL) on Friday said it proposes to raise up to Rs 2,500 crore through public issue of tax free bonds.

India to be top infrastructure goods importer by 2020: HSBC

Last Updated: Tuesday, October 8, 2013, 12:21

India will topple the United States as the world's biggest importer of infrastructure goods by 2020 and is expected to hold this position till 2030, a report by HSBC said.

Tatas to undertake huge infra investments in Punjab: Mistry

Last Updated: Saturday, October 5, 2013, 19:27

Describing Punjab government's development initiatives as "business like", Tata Group Chairman on Saturday assured large-scale investments in the infrastructure projects in the state.

Govt approaches World Bank for infrastructure funding facility

Last Updated: Monday, September 30, 2013, 16:11

India has approached the World Bank to set up a global infrastructure facility (GIF) to help finance about USD 1 trillion of investments needed for projects in the sector.

Govt working on Infrastructure Trust Fund: Mayaram

Last Updated: Friday, September 20, 2013, 13:29

With a view to accelarte flow of long-term funds in infrastructure projects, the finance ministry is looking to put in place a new structure called Infrastructure Trust Fund, much in line with Real Estate Investment Trust (REIT), a top official said on Friday.

CCI reviews progress on infrastructure projects

Last Updated: Tuesday, September 17, 2013, 21:06

The Cabinet Committee on Investment Tuesday reviewed the progress on infrastructure projects worth about Rs 1.6 lakh crore and discussed ways to overcome hurdles that are delaying them.

CCI for speeding up clearances of 36 infra projects

Last Updated: Monday, August 26, 2013, 21:46

The Cabinet Committee on Investment has decided to ask ministries concerned to clear expeditiously as many as 36 infrastructure projects stuck due to delay in sanctions, sources said.

India's first infrastructure debt fund assigned 'AAA' rating

Last Updated: Saturday, July 6, 2013, 09:45

Economic Affairs Secretary Arvind Mayaram said a high ratings would make infrastructure debt funds competitive in the refinancing market.

Chidambaram vows to get manufacturing out of slide

Last Updated: Tuesday, July 2, 2013, 13:29

Vowing to get manufacturing and economy out of the downturn, Finance Minister P Chidambaram on Tuesday said key infrastructure projects facing delays have been identified and will be cleared in the next few weeks.

Chidambaram to set up cell for stalled infrastructure projects

Last Updated: Tuesday, May 14, 2013, 22:09

Union Finance Minister P. Chidambaram Tuesday said he would set up a cell in his office to monitor and resolve the issues for speedy completion of the stalled infrastructure projects.

Govt for independent regulators to promote PPP projects

Last Updated: Monday, April 29, 2013, 15:12

The government Monday made a case for strong independent regulatory authorities to promote Public-Private Partnership (PPP) projects in sectors like coal, road and rail.