Execution, capital issues persist in infra sector: BofA-ML

Last Updated: Tuesday, September 8, 2015, 23:24

Noting that infrastructure is witnessing a gradual revival, a BofA-ML report said the sector is still faced with challenges in terms of working capital requirements and execution issues.

Govt buckles up, to take NH length to 1.5 lakh km by December

Last Updated: Wednesday, September 2, 2015, 18:00

The government is committed to adding about 50,000 km of National Highways by the year end to take their length to 1.5 lakh km to "transform the face of India's infrastructure", Road Transport and Highways Minister Nitin Gadkari Wednesday said.

Govt invests Rs 4.85 lakh crore in big infra projects

Last Updated: Friday, August 7, 2015, 16:39

Government has invested Rs 4.85 lakh crore in big infrastructure projects, costing over Rs 150 crore, as of June 1 in the current fiscal.

'India, US must increase cooperation in financial services sector'

Last Updated: Tuesday, June 16, 2015, 22:59

India's financial services sector offers huge opportunities to US companies and both the nations must increase cooperation in areas, including, infrastructure financing, insurance, pension and corporate bond market, a Ficci report said on Tuesday.

ADB to increase India lending to $12 bn by 2018

Last Updated: Tuesday, June 16, 2015, 22:54

Asian Development Bank president Takehiko Nakao on Tuesday said the bank is looking to increase exposure in India, especially in infrastructure, skill development and urban services, and proposes to increase lending to the country by almost half to $12 billion by 2018.

Faster than China? India's road, rail drive could lay doubts to rest

Last Updated: Monday, June 1, 2015, 08:31

Having roughly doubled spending allocations for roads and bridges in fiscal 2015/16, and raised the rail budget by a third, Modi is banking on India going faster.

Hyundai Motor Group plans expansion in infra sector in India

Last Updated: Tuesday, May 19, 2015, 21:31

Hyundai Motor Group Tuesday expressed its desire to expand its business into sectors like construction and railways in India, where it is currently the largest exporter of cars.

IIFCL net profit rises 47% to Rs 765 crore in FY15

Last Updated: Wednesday, May 13, 2015, 16:55

The state-owned infrastructure finance company had earned a net profit of Rs 521 crore on standalone basis in the previous fiscal.

PM chairs connectivity-related infrastructure sectors meeting

Last Updated: Thursday, May 7, 2015, 22:42

Prime Minister Narendra Modi on Thursday said all efforts should be made to translate global interest and positive policy interventions in the railways sector for the benefit of the country.

Urbanising India best bet for Chinese steel

Last Updated: Tuesday, May 5, 2015, 11:00

Urban dwellers will double to more than 800 million by 2050, a scale of mass urbanisation only seen before in China.

224 central projects see cost overrun of over Rs 2 lakh crore

Last Updated: Wednesday, April 29, 2015, 15:41

As many as 224 central sector infrastructure projects in sectors like road, rail and power were showing cost overrun of over Rs 2 lakh crore till December-end, Parliament was informed on Wednesday .

DIAL exits cargo services; sells stake to India Infra Fund

Last Updated: Tuesday, March 17, 2015, 11:56

Delhi International Airport Ltd (DIAL), a subsidiary of GMR Infrastructure, has exited from cargo services at the Delhi airport by selling its entire stake to India Infrastructure Fund for Rs 29 crore.