infrastructure investments

New alignment of Sethusamudram not feasible, court told (Lead)


July 2nd, 2012 - 8:44 pm ICT by IANS
New Delhi, July 2 (IANS) The Supreme Court was told Monday that an alternate alignment for building Sethusamudram channel in the Palk Strait to facilitate navigation between India and Sri ... Read more...

Posted in Environment |

India keen to buy minerals from Africa: Sharma


August 9th, 2011 - 9:42 pm ICT by IANS
New Delhi, Aug 9 (IANS) India is looking forward to partner with African countries for buying minerals as well supporting them with technology for mining and exploration, Commerce and Industry ... Read more...

Posted in Business |

Microsoft launches Office 365 in India


June 30th, 2011 - 12:53 am ICT by IANS
New Delhi, June 29 (IANS) Microsoft Wednesday launched Microsoft Office 365 in India to enable easy access to cost effective business productivity solutions.According to the company, the launch is a ... Read more...

Posted in Sci-Tech |

GMR Airports Holding gets nod for $200 mn fund infusion


May 11th, 2011 - 8:42 pm ICT by IANS
New Delhi, May 11 (IANS) The government Wednesday approved infusion of foreign funds to the tune of $200 million in Hyderabad international airport operator GMR Airports Holding Ltd.The foreign direct ... Read more...

Posted in Business |

Cabinet clears Rs.7,000 crore to clean Ganga


April 28th, 2011 - 6:53 pm ICT by IANS
New Delhi, April 28 (IANS) The Cabinet Committee on Economic Affairs (CCEA) Thursday approved a World Bank-assisted project for cleaning Ganga at an estimated cost of Rs.7,000 crore (over ... Read more...

Posted in Uncategorized |

Centre approves Rs 7000 crore project to clean Ganga


April 28th, 2011 - 2:53 pm ICT by ANI
New Delhi, Apr 28 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved the project for the cleaning of River Ganga to be implemented by the National Ganga River Basin ... Read more...

Posted in National |

India Inc., NRIs react to Pranab’s budget


February 28th, 2011 - 10:21 pm ICT by IANS
Mumbai, Feb 28 (IANS) Top industrialists, businessmen and NRIs Monday reacted to the federal budget presented by Finance Minister Pranab Mukherjee. Here are some of the comments: * Y.C. Deveshwar, chairman, ... Read more...

Posted in Business |

Jump in private funds for infrastructure likely in 12th plan


December 23rd, 2010 - 12:04 am ICT by IANS
New Delhi, Dec 22 (IANS) The private sector is likely to contribute nearly half of the estimated $1 trillion investment on infrastructure during the 2012-17 Twelfth Five Year Plan, Finance Minister ... Read more...

Posted in Business |

ADB 170 million dollar facility to help Bihar, Maharashtra modernize horticulture systems


September 16th, 2010 - 2:54 pm ICT by ANI
Manila (Philippines), Sept.16 (ANI): The Asian Development Bank (ADB) is extending a 170 million dollars multi-tranche financing facility to help the Indian states of Bihar and Maharashtra modernize their horticulture industries, boosting ... Read more...

Posted in World |

Macquarie SBI, SBI to invest Rs.125 crore in Adhunik power unit


August 9th, 2010 - 7:28 pm ICT by IANS
Kolkata, Aug 9 (IANS) Macquarie SBI Infrastructure Investments Pte Ltd (Macquarie SBI) and State Bank of India (SBI) will invest Rs.125 crore in Adhunik Metaliks' power subsidiary, Adhunik Power and Natural ... Read more...

Posted in Business |

Srei posts Rs.26.58 crore net profit for second quarter


October 26th, 2009 - 8:58 pm ICT by IANS
Kolkata, Oct 26 (IANS) Non-banking financial company Srei Infrastructure Finance has posted a consolidated net profit of Rs.26.58 crore for the second quarter this fiscal, marginally up from Rs.26.18 crore reported in ... Read more...

Posted in Business |

India to get $4.2-bn World Bank loan


October 13th, 2009 - 6:09 pm ICT by IANS
New Delhi, Oct 13 (IANS) The World Bank will extend loans worth $4.2 billion to India for three projects, the multilateral lender said Tuesday. The pact was signed Tuesday by representatives of the ... Read more...

Posted in Business |

$4.3-bn World Bank loan for India (Lead)


September 23rd, 2009 - 4:43 pm ICT by IANS
New Delhi, Sep 23 (IANS) The World Bank has approved $4.3 billion in loans for India to help finance infrastructure projects and support its economic stimulus programme. "This money will be directed towards ... Read more...

Posted in Business |

Pranab Mukherjee to begin pre-budget talks from today


June 1st, 2009 - 12:06 pm ICT by ANI
New Delhi, June 1 (ANI): Finance Minister Pranab Mukherjee will begin pre-budget consultations with different groups from today.Mukherjee will hold consultations with trade and industry bodies like the FICCI, the CII, ... Read more...

Posted in National |

Pranab Mukherjee to begin pre-budget talks from Monday


May 31st, 2009 - 3:34 pm ICT by ANI
New Delhi, May 31 (ANI): Finance Minister Pranab Mukherjee will begin pre-budget consultations with different groups from Monday.Mukherjee will hold consultations with trade and industry bodies like the FICCI, the CII, ... Read more...

Posted in National |

India to revisit infrastructure projects: Mukherjee


May 27th, 2009 - 2:27 pm ICT by IANS
New Delhi, May 27 (IANS) Promising enhanced spending on infrastructure projects, Finance Minister Pranab Mukherjee Wednesday said all such ongoing projects will be revisited, and recalibrated when required, to achieve the ... Read more...

Posted in Business |

South India more attractive for investors: Assocham


April 5th, 2009 - 3:55 pm ICT by IANS
New Delhi, April 5 (IANS) Metros in South India are more attractive for infrastructure projects than their counterparts in the other parts of the country, an industry lobby report said Sunday. According ... Read more...

Posted in Business |

Globalization without global financial governance structure can lead to turmoil: PM


October 24th, 2008 - 10:38 pm ICT by ANI
By Naveen KapoorBeijing, Oct 24 (ANI): Prime Minister Dr. Manmohan Singh said that globalization without global financial governance structure can lead to severe problems as has been seen in the recent ... Read more...

Posted in Life Style |

High interest rates, input costs concern infrastructure sector


September 28th, 2008 - 9:08 pm ICT by IANS
New Delhi, Sep 28 (IANS) Investments for India's infrastructure projects are on track, but high interest rates and input costs are a major concern for developers, according to a new survey by ... Read more...

Posted in Business |

India Inc asks central bank for status quo on rates (Lead)


July 28th, 2008 - 8:04 pm ICT by IANS
Mumbai, July 28 (IANS) India Inc Monday asked the central bank to maintain a status quo on interest rates, a day ahead of its monetary policy review that comes against the backdrop ... Read more...

Posted in Business |

Kerala bets on public-private partnership in IT


July 8th, 2008 - 11:52 am ICT by IANS
By Venkatachari Jagannathan Chennai, July 8 (IANS) Kerala would rather emulate Tamil Nadu than Karnataka, considered the cradle of India's information technology (IT) industry with its own Silicon Valley in Bangalore, to attract ... Read more...

Posted in Sci-Tech |

India’s Sri Lanka power project runs into Tamil storm


May 10th, 2008 - 12:02 pm ICT by admin
By M.R. Narayan Swamy` New Delhi, May 10 (IANS) An Indian project that seeks to provide electricity to Sri Lanka's war-hit east has run into rough weather amid allegations that it will displace ... Read more...

Posted in Business |

India asks rich nations to do more on climate change


April 14th, 2008 - 11:25 am ICT by admin
By Arun Kumar Washington, April 14 (IANS) India wants the rich nations to massively reduce their greenhouse gas (GHG) emissions and provide more financial and technological help to the developing countries to deal ... Read more...

Posted in World |

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