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.

Coal scam: Court to hear JICPL's case on September 28

Last Updated: Monday, September 7, 2015, 18:52

A special court Monday fixed September 28 for hearing a coal scam case pertaining to alleged irregularities in allocation of Mahuagarhi coal block in Jharkhand to accused firm M/s Jas Infrastructure Capital Pvt Ltd (JICPL).

GVK wins court fight over Australian coal mine

Last Updated: Friday, September 4, 2015, 09:02

The Alpha project is 50-50 owned by Rinehart`s Hancock Coal and GVK, with a small portion of GVK`s stake owned by GVK Power & Infrastructure.

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.

IRB Infra in pact with NHAI for Rs 2,650-cr road project

Last Updated: Thursday, September 3, 2015, 11:20

IRB Infrastructure Developers on Thursday said it has executed concession agreement with NHAI for Rs 2,650-crore project of six laning of Agra-Etawah Bypass section in Uttar Pradesh.

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.

China's AIIB to offer loans with fewer strings attached: Sources

Last Updated: Wednesday, September 2, 2015, 08:42

China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change the unwritten rules of global development finance.

Infra sector growth slows to 3-month low of 1.1% in July

Last Updated: Monday, August 31, 2015, 19:24

Infrastructure sector growth slowed to 3-month low of 1.1 in July as output of crude oil, natural gas and steel contracted, making a case for a further rate cut by the Reserve Bank.

Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore

Last Updated: Saturday, August 29, 2015, 10:41

Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.

Moody's to govt: Push reforms, stabilise inflation for upgrade

Last Updated: Tuesday, August 25, 2015, 17:51

Global agency Moody's on Tuesday said it will upgrade India's rating if the government is able to push through reforms, inflation stabilises, regulatory environment improves and infrastructure investment rises.

Sebi proposes relaxed norms for infra investment trusts

Last Updated: Thursday, August 20, 2015, 18:51

Under the proposed norms for InvITs, a new investment product for arranging long-term financing for infrastructure projects, Sebi has suggested allowing such trusts to invest in two-level SPV (special purpose vehicle) structure.

RInfra Q1 net down 12.39% to Rs 401 crore

Last Updated: Wednesday, August 12, 2015, 19:04

Reliance Infrastructure Wednesday reported over 12.39 percent drop in its net profit at Rs 400.91 crore for the April-June quarter due to factors including higher finance cost and statutory payments related to Delhi Airport Metro.