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Frame "dispute-free policy" for redevelopment says former BMC chief
Frame "dispute-free policy" for redevelopment says former BMC chief
Apr 14, 2014

Former Mumbai municipal commissioner, Subodh Kumar, said that the state government should frame a policy which is dispute-free for redevelopment of buildings and facilitate timely completion

Industrial output falls in February despite jump in power generation, year to end lower
Industrial output falls in February despite jump in power generation, year to end lower
Apr 14, 2014

The Quick Estimates of Index of Industrial Production (IIP) for February 2014 released by the Central Statistics Office shows a dip of 1.9 per cent during the month. This is despite a 11.5 per cent jump in

FDI relaxation in construction, railways will now be new governmentís onus
FDI relaxation in construction, railways will now be new governmentís onus
Apr 11, 2014

The proposal to relax foreign direct investment policy in construction and railways will be decided by the new government as the Commerce and Industry Ministry could got elicit response from the

Suzlon to raise Rs.1,000 crore by selling plants and real estate in India
Suzlon to raise Rs.1,000 crore by selling plants and real estate in India
Apr 11, 2014

On 10 April, Tulsi Tanti, managing director Suzlon Energy Ltd stated that the company plans to raise Rs.1,000 crore by selling its plants and real estate assets in India. This move is a part of the Rs.9,500

Aam Aadmi Party promises regularising all slums in Mumbai
Aam Aadmi Party promises regularising all slums in Mumbai
Apr 11, 2014

The Aam Aadmi Partyís manifesto for Mumbai released recently promises to regularise all huts which have come till date in the city. While releasing the manifesto on 10 April, AAP leader Medha

BJP banks of infrastructure development to win 2014 Lok Sabha elections
BJP banks of infrastructure development to win 2014 Lok Sabha elections
Apr 08, 2014

The 2014 election manifesto released by the BJP on 7 April has made development of infrastructure the prime focus and seeks to dedicate the entire decade for its enhancement in the country. The

GMR bags US$700 mn Mactan-Cebu International Airport project
GMR bags US$700 mn Mactan-Cebu International Airport project
Apr 08, 2014

A consortium of GMR-Megawide has bagged the US$700 million project to develop and operate the Mactan-Cebu International Airport in Philippines. The contract was awarded by the Department of

Uttarakhand Jal Vidyut awards Rs 125 cr contract to BHEL
Uttarakhand Jal Vidyut awards Rs 125 cr contract to BHEL
Mar 31, 2014

Uttarakhand Jal Vidyut Nigam Ltd has awarded the contract for setting up a 120 Mw Vyasi hydro electric project in Uttarakhand to BHEL. The project will be located in Dehradun district and is a run-of-the-river

Almost half of new projects in Noida delayed, realty regulator a must now
Almost half of new projects in Noida delayed, realty regulator a must now
Mar 31, 2014

Industry estimates indicate that almost half of the four lakh residential units planned in Ghaziabad, Noida and Greater Noida (including Noida Extension) are delayed. And among the projects which are

L&T Construction bags new orders worth Rs 1,009 crore in March
L&T Construction bags new orders worth Rs 1,009 crore in March
Mar 31, 2014

L&T Construction has stated that it has bagged new orders worth Rs 1,009 crore across various business segments in March 2014. Its Buildings & Factories Business has won orders worth Rs 573 crore during the month. The orders are

Congress banks on economic growth and building infrastructure to woo voters
Congress banks on economic growth and building infrastructure to woo voters
Mar 29, 2014

The general election 2014 manifesto released by the Indian National Congress (INC) commits to achieve 8 per cent growth per year, within 3 years and to sustain it over the next two decades. It believes that

Land acquisition for Virar-Alibaug Multi Modal Corridor begins but faces legal glitch
Land acquisition for Virar-Alibaug Multi Modal Corridor begins but faces legal glitch
Mar 29, 2014

The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated the documentation process of acquiring land for the Virar-Alibaug Multi Modal Corridor. However, the state is in a dilemma

HCC faces growth hurdles as huge sum is stuck in arbitration
HCC faces growth hurdles as huge sum is stuck in arbitration
Mar 28, 2014

According to reports, a sum of Rs 6,000 crore is stuck in arbitration and delay in its recovery from various government agencies is hampering Hindustan Construction Co Ltd (HCC)'s growth plans. Ajit

Madhya Pradesh gets ADB loan to improve power T&D systems
Madhya Pradesh gets ADB loan to improve power T&D systems
Mar 28, 2014

A US$350 million loan agreement for the Madhya Pradesh Power Transmission and Distribution System Improvement Project was signed between Asian Development Bank (ADB) and the

Sadbhav Engineering emerges successful bidder for Jodhpur-Barmer project
Sadbhav Engineering emerges successful bidder for Jodhpur-Barmer project
Mar 28, 2014

Sadbhav Engineering Ltd has been declared the successful bidder in respect of the bid invited by National Highways Authority of India (Ministry of Road Transport and Highways) for the