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Tag: infrastructure

Home » infrastructure » Page 6

Current News
By PTIApril 26, 2017

IRB targets Rs 5,000 crores from its maiden InvIT IPO on May 3, 2017

Engineering company IRB Infrastructure, on April 25, 2017, became the first firm to announce a public offer in the infrastructure investment trusts (InvITs) space, with a Rs 5,000-crore plus public issue of its fund … READ FULL STORY

Current News
By PTIApril 13, 2017

Environment can’t be massacred for development: HC to Mumbai Metro

A Bombay High Court bench of chief justice Manjula Chellur and justice GS Kulkarni, has ordered the Mumbai Metro Rail Corporation Ltd (MMRCL) to prove that it did not damage a children’s park, while … READ FULL STORY

Current News
By PTIApril 13, 2017

India needs USD 20 trillion by 2040 to boost infrastructure

Noting that more than 70 per cent of the population will move to urban areas by 2040, Ashish Kumar Singh, the Public Works Department’s (PWD’s) principal secretary, said that “This will require investment to … READ FULL STORY

Property Trends
By Divaspati Singh and Saiya SavoojiApril 14, 2017

Industry implication of SEBI allowing banks to invest in REITs and InvITs: An analysis

Ever since the introduction of the SEBI (Real Estate Investment Trusts) Regulations and SEBI (Infrastructure Investment Trusts) Regulations in 2014, the market regulator and the government of India have initiated a number of reforms … READ FULL STORY

Current News
By PTIApril 6, 2017

Mumbai-Nagpur Expressway: State to make upfront payment to farmers

To commence work on the ambitious Rs 46,000-crore Mumbai-Nagpur Expressway from the originally planned date of October 1, 2017, implementing agency Maharashtra State Road Development Corporation (MSRDC) has decided to start making upfront payment … READ FULL STORY

Current News
By PTIMarch 20, 2017

Delhi Metro’s ‘heritage corridor’ between ITO and Kashmere Gate, ready for safety inspection

Delhi Metro has finally approached the safety commissioner, for the inspection of the ITO-Kashmere Gate ‘heritage corridor’, even though it is likely to miss the March launch deadline. The 5.17-km-long section, an extension of … READ FULL STORY

Current News
By PTIMarch 20, 2017

Maharashtra to set up infrastructure SPV to raise Rs 1 lakh crore

Envisaging an investment of Rs 1 lakh crore in the next five years in the infrastructure sector, the Maharashtra government, on March 18, 2017, proposed to set up a special purpose vehicle (SPV) to … READ FULL STORY

Current News
By PTIMarch 17, 2017

Government working on Green Urban Mobility Scheme

The government is working on a Green Urban Mobility Scheme, to promote the use of hybrid/electric vehicles and non-fossil fuels among others, for public transport, the Rajya Sabha was informed on March 16, 2017. … READ FULL STORY

Current News
By PTIMarch 7, 2017

Government approves Rs 4,500-crores to revive 50 airports, airstrips

The cabinet, on March 6, 2017, approved a proposal to revive 50 unserved and under-served airports as well as airstrips, at an estimated cost of Rs 4,500 crores. With the plan, the government is … READ FULL STORY

Current News
By PTIMarch 3, 2017

Maharashtra seeks investment from Abu Dhabi, in infra projects

The Maharashtra government and Abu Dhabi Investment Authority, will set up a joint task force to explore and facilitate investment in key infrastructure projects in the state. The suggestion came from chief minister Devendra … READ FULL STORY

Current News
By PTIMarch 1, 2017

CRZ notification for Mumbai coastal road project soon

The final coastal regulation zone (CRZ) notification regarding Mumbai’s coastal road project will be issued in a month. Maharashtra chief minister Devendra Fadnavis, said this after a meeting with Union Environment and Forest Minister … READ FULL STORY

Current News
By PTIFebruary 27, 2017

Lone Star and IL&FS partner, to invest in stressed infrastructure assets

With the Government of India (GoI) and the Reserve Bank of India (RBI) focusing on resolving stressed infrastructure assets, private equity firm Lone Star Funds and infrastructure financing company IL&FS, have announced a collaboration, … READ FULL STORY

Current News
By PTIFebruary 23, 2017

‘Smart City projects should focus more on natural calamities, climate change’

The Earth Sciences Ministry’s ex-secretary Shailesh Nayak, has said that at a time when earthquakes happen frequently and temperatures are reaching extremes, the government’s ambitious Smart City mission should talk more comprehensively about the … READ FULL STORY

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