The state government of Uttar Pradesh and Airports Authority of India (AAI) signed a Memorandum of Understanding for the development of seven airports, on each at Meerut, Moradabad, Faizabad
On 23 February, the Maharashtra state cabinet finally approved the compensation package that will be offered to villagers to acquire their land for setting up of the Navi Mumbai international airport.
On 21 February, after BMC’s standing committee chairman Rahul Shewale completed his budget speech on the financial year 2014-15, he read out the proposals from the agenda at 4pm. Then,
Construction and infrastructure major, Larsen & Toubro, has tied up with IIT Madras and IIT Delhi and is roping in more academic institutions to train engineers as construction technology managers.
NTPC has finalised plans to set up a 1,320 MW power project in Bihar entailing an investment of Rs 9,200 crore. In this regard, a Memorandum of Understanding (MOU) was inked on 22 February
The union ministry for road transport and highways on roads and highway had received the proposals for declaration of more than 64000 Kms. of state roads as national highways from various state
The European Investment Bank (EIB) has sanctioned a Line of Credit (LoC) of Euro 200 million to Indian Renewable Energy Development Agency Ltd. (IREDA) to finance renewable energy and energy efficiency
On 21 February, the Tamil Nadu state government signed 16 MoUs with a commitment of investing over Rs 5,000 crore in the state. The MoUs were signed in Chennai in the presence of Tamil Nadu
Singapore's PSA International won the contract to construct and manage the Rs 8,000-crore fourth container terminal at Jawaharlal Nehru Port Trust (JNPT) by offering 35.90 per cent revenue share to
The International Monetary Fund (IMF) has projected a higher economic growth for India at 5.4 per cent in 2014-15 and recommended strengthening of inflation management polices and doing away
KKR and Co. Lp, a global private equity (PE) firm will focus on investing in distressed assets and finance infrastructure projects in India, announced its co-founder Henry Kravis on 20 February. “I am
The Madras High Court directed National Highways Authority of India (NHAI) to begin work on the Chennai Port-Maduravoyal elevated expressway, following which the NHAI has asked the state
According to union minister of state (independent charge) for Development of North Eastern Region (DoNER) Paban Singh Ghatowar, major achievements in infrastructure development in eight North
A Chinese working group recently submitted a five-year trade and economic planning cooperation plan to the Indian government, offering to fund as much as 30 per cent (or about US$300 billion) of
Government of India has granted `in-principle` approval for setting up of a greenfield airport at Karaikal in the Union Territory of Puducherry to Karaikal Airport Private Limited in 2011.