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July core industries growth at 2.7%

India Infoline News Service  | Mumbai September 01, 2014 17:27 IST

The combined index of eight core industries stands at 163.9 in july, 2014, which was 2.7 % higher compared to the index of july, 2013.

Road Traffic Act to replace Motor Vehicles Act- 1988, says Gadkari

India Infoline News Service  | Mumbai September 01, 2014 15:57 IST

Gadkari lamented that every year, one lakh 38 thousand people are killed in road accidents, the total social cost of which is estimated to be around rs 1 lakh crore.

IRB achieves financial closure for Solapur - Yedeshi Project

India Infoline News Service  | Mumbai September 01, 2014 14:09 IST

The total cost of this project is rs. 1,492 crore, out of which viability gap funding from nhai of rs.189 crores, equity contribution by the company will be approx. rs. 393 crore and remaining will be funded through project finance of rs. 910 crore.

Environment and Progress can go hand in hand: Javadekar

India Infoline News Service  | Mumbai September 01, 2014 09:07 IST

The minister exhorted the young forest officers to perform their duty to the society with passion, compassion and integrity.

Ascott and Puri Contructions to launch first Somerset Serviced Residence in Gurgaon

India Infoline News Service  | Mumbai August 30, 2014 12:17 IST

The management contract for somerset diplomatic greens gurgaon was awarded by puri constructions private limited, a company focusing on real estate development in northern india.

Infrastructure projects aren't currently commercially attractive to institutional investors: S&P

India Infoline News Service  | Mumbai August 28, 2014 12:08 IST

That's because investors tend to impose greater scrutiny on the feasibility of the project itself rather than on the borrower, unlike asian banks that lend mainly based on relationships with companies

Railway stocks surge gain as govt notifies 100% FDI

India Infoline News Service  | Mumbai August 28, 2014 11:31 IST

Shares of texmaco rail & engineering surged 8% at rs82, while beml was up 5% at rs67.

Infrastructure Newsletter - August 25 to 28, 2014

India Infoline News Service  | Mumbai August 28, 2014 10:49 IST

Union minister for rural development and drinking water and sanitation nitin gadkari called for practical approach to achieve the goal of sanitation for all by 2019

PM gives nod to Ministry of Road Transport and Highways to amend MCA

India Infoline News Service  | Mumbai August 28, 2014 08:39 IST

The users of national highways from all over the country will benefit due to expediting of implementation of road infrastructure projects in the country.

The Big 5 Construct India 2014: What PwC says?

India Infoline News Service  | Mumbai August 27, 2014 15:19 IST

With the new governments promise to aggressively promote affordable housing the economy is set to be back on track and raise the plummeting gdp to 8-9%. sustainability in construction and how india can become a world centre for construction equipment and manufacturing are two of the central pillars of this years the big 5 construct india

GVK MIAL awards first land parcel for commercial development to Oasis Realty

India Infoline News Service  | Mumbai August 27, 2014 15:14 IST

This transaction has been finalised at the rate of approx. rs. 106 crore per acre which translates to total of rs. 580 crore for this parcel at the rate of approx. rs. 5000 per square foot of build-up area.

GMR Infrastructure's board approves allotment of eighteen crore warrants

India Infoline News Service  | Mumbai August 27, 2014 11:30 IST

The company has received rs. 141.75 crore from m/s. gmr infra ventures llp, being 25% of the consideration amount for allotment of the said warrants

Mumbai Metro III Construction may begin in Dec

India Infoline News Service  | Mumbai August 27, 2014 10:06 IST

Mumbai metropolitan region development authority reported that it expected to award the contract before december.

L&T signs contract for 225 MW Sikalbaha Gas based Power Plant in Bangladesh

India Infoline News Service  | Mumbai August 27, 2014 08:55 IST

The contract which was valued at about $200mn, was secured by l&t in may, 2014.

Astral Poly Technik acquires UK based SEAL IT services

India Infoline News Service  | Mumbai August 26, 2014 16:42 IST

Astral poly technik has acquired 80% controlling stake in uk based company seal it services for rs 440 million.

Modis dream project of Swachh Bharat by 2019 will be executed in a mission mode: Gadkari

India Infoline News Service  | Mumbai August 26, 2014 08:47 IST

Nitin gadkari today called for practical approach to achieve the goal of sanitation for all by 2019.

L&T Infra Finance checks in at Lavasa

India Infoline News Service  | Mumbai August 25, 2014 17:33 IST

L&t infra finance has signed an agreement with lavasa corporation for corporate purposes and potentially for back-office requirements of l&t financial services.

Valecha Engineering clarifies on news item

India Infoline News Service  | Mumbai August 25, 2014 16:37 IST

The company has not entered into any binding contracts with any person either towards stake sale or towards any potential joint ventures.

Sunil Ratnakar Gutte, Joint Managing Director, Sunil Hitech Engineers

India Infoline News Service  | Mumbai August 25, 2014 16:23 IST

Not being an industry behemoth with order books of several thousand crores comes as an advantage to us and makes us neutral to recession in several sectors like infra, building construction and power

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