infrastructure projects


'Rs 1 trn investment needed to augment MRTS by 2030'

Mar 13 2018

India needs an investment of Rs 1 trillion in infrastructure projects by 2030 for augmenting its mass rapid transport systems, NITI Aayog advisor Rakesh Ranjan said.

HUDCO posts Q3 profit down 10 percent at Rs 164 crore

Feb 05 2018

State-owned HUDCO reported 10 percent decline in its standalone profit at Rs 163.59 crore for the quarter ended December.

China issues new rules to bring private capital into investment

Nov 30 2017

China issued guidelines to encourage more private sector capital for public-private partnership projects that channel funds into state infrastructure projects.

Ultratech Cement hopeful of cement demand picking up

Sep 10 2017

Ultratech Cement expects domestic cement demand to return to its "normal level" on government's push for infrastructure projects and uptick in rural housing.

NITI Aayog CEO for govt exit from infra projs, schools, jails

Jul 26 2017

The government needs to exit infrastructure projects and even look at handing over jails, schools and colleges to the private sector.

India may make local steel mandatory in govt infra projects- source

May 03 2017

The cabinet may clear a proposal to make usage of local steel mandatory for government's infrastructure projects, an official with direct knowledge of the matter said.

94 infrastructure projects facing delay, cost overrun: Govt

Mar 22 2017

Big infrastructure projects worth Rs 150 crore and above are running behind schedule and have cost overrun, Parliament was informed.

NITI to lend support in development of 10 big infra projects

Mar 20 2017

NITI Aayog will prepare a list of 10 big infrastructure projects that can be developed under the public private partnership (PPP) mode.

PM Modi kicks off Rs 1.06 lakh crore worth infra projects for Mumbai

Dec 24 2016

PM Modi laid foundation stones of many key infrastructure projects, including the country's longest sea bridge and two metro lines.

Govt to address regulatory, fin issues in infra sector

Oct 26 2015

Government assured industry stakeholders of resolving regulatory and financing issues to expedite infrastructure projects.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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