Capital Goods Newsletter – August 21 to August 25, 2017

This week, “Road projects worth Rs 5,253 crore are being implemented which would benefit both India and Nepal, Union minister Nitin Gadkari said.”

Aug 26, 2017 10:08 IST India Infoline News Service

Top news

Cabinet approves transfer of 40 acres of AAI land to MMRDA

The Union cabinet chaired by the Prime Minister Narendra Modi has given its approval for transfer of 40 acres of Airports Authority of India (AAI) land at RR station, Dahisar to Mumbai Metropolitan Region Development Authority (MMRDA) for its metro shed, swapping with 40 acres of state government land at Gorai, Mumbai, said a government release. Read More

Rs 5,253 crore road projects to benefit India, Nepal: Gadkari

Road projects worth Rs 5,253 crore are being implemented which would benefit both India and Nepal, Union minister Nitin Gadkari said, reported a national news agency.
The projects include a 300-km road from Kakarwaha to Varanasi entailing an investment of Rs 1,499 crore, besides a Rs 1,338 crore project for linking Rupaidiha to Barabanki, he said. Read More
 
Dilip Buildcon signs term sheet with Chhatwal Group Trust
 
Dilip Buildcon said that the company has signed a term sheet with Chhatwal Group Trust (the Investor) on August 24, 2017, in respect of divestment of its entire stake in 24 of its Subsidiary Companies (SPVs), said the company in a BSE filing on Thursday. Read More

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