road projects

Reliance Infra launches cement brand


September 17th, 2012 - 11:23 pm ICT by IANS
Nagpur, Sep 17 (IANS) Reliance Infrastructure, a part of the Anil Ambani-led Reliance Group, Monday entered the cement market, launching its "Reliance Cement" brand through subsidiary Reliance Cement Company."We will ... Read more...

Posted in Business |

Petrochemical investment region in Tamil Nadu approved


August 23rd, 2012 - 5:14 pm ICT by IANS
New Delhi, August 23 (IANS) The union government has approved setting up of a Petroleum, Chemical and Petrochemical Investment Region (PCPIR) in Cuddalore and Nagapattinam districts of Tamil Nadu, Minister ... Read more...

Posted in Business |

Reliance Infrastructure reports decline in Q1 profits


August 14th, 2012 - 7:07 pm ICT by IANS
Mumbai, August 14 (IANS) Reliance Infrastructure Tuesday declared that its standalone net profit declined 24 percent year-on-year to Rs.327 crore in the quarter ended June 2012.The company has posted a ... Read more...

Posted in Business |

Meghalaya chief minister seeks assistance for road projects


July 25th, 2012 - 12:49 am ICT by IANS
New Delhi, July 24 (IANS) Meghalaya Chief Minister Mukul Sangma Tuesday sought assistance from the central government for road projects in his state.He also suggested that the central road transport ... Read more...

Posted in Business |

Notice to Chinese firm on Himachal road projects’ delay


July 10th, 2012 - 8:27 pm ICT by IANS
Shimla, July 10 (IANS) The Himachal Pradesh government has issued notice to a Chinese firm for missing the deadline in executing two World Bank-funded road projects in the state, a ... Read more...

Posted in Uncategorized |

Uttar Pradesh to get highway network soon


July 9th, 2012 - 7:02 pm ICT by IANS
Lucknow, July 9 (IANS) Uttar Pradesh will now have four state highways and road connectivity projects would be taken up with priority to stimulate industrial growth and socio-economic development, officials ... Read more...

Posted in Business |

Himachal road repair hastened ahead of apple harvest


June 3rd, 2012 - 6:57 pm ICT by IANS
Shimla, June 3 (IANS) A World Bank-funded road project in Himachal Pradesh awarded to a Chinese firm has missed its deadline, prompting the government to engage new contractors for repairs ... Read more...

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Himachal government asked for report on road projects


May 8th, 2012 - 9:55 pm ICT by IANS
Shimla, May 8 (IANS) Miffed over the condition of roads in the state, the Himachal Pradesh High Court Tuesday directed the state government to submit a progress report by May ... Read more...

Posted in Business |

Punjab to link all cities with highways


April 23rd, 2012 - 10:19 pm ICT by IANS
Chandigarh, April 23 (IANS) All major cities in Punjab will be linked with four and six-laned highways at a cost of Rs.8,528 crore, Deputy Chief Minister Sukhbir Singh Badal said ... Read more...

Posted in Business |

Port connectivity projects will be completed


January 23rd, 2012 - 10:34 pm ICT by IANS
Chennai, Jan 23 (IANS) The two major road projects that will ease in and outbound traffic at Chennai Port Trust will be completed at the earliest, central ministers G.K. Vasan ... Read more...

Posted in Business |

Dubai launches first road lit by solar energy


January 17th, 2012 - 11:55 pm ICT by IANS
Dubai, Jan 17 (IANS/WAM) The ministry of public works in Dubai in the United Arab Emirates (UAE) has launched the first road in the emirate that uses solar-powered street-lights.The 11-km ... Read more...

Posted in Uncategorized |

Himachal gets Rs.171.22 crore loan for rural projects


December 13th, 2011 - 6:38 pm ICT by IANS
Shimla, Dec 13 (IANS) The National Bank for Agriculture and Rural Development (NABARD) has sanctioned a Rs.171.22 crore loan to Himachal Pradesh for creation of rural infrastructure, an official statement ... Read more...

Posted in Business |

Fear of Maoists blocks road projects in Chhattisgarh


December 11th, 2011 - 2:14 pm ICT by IANS
Raipur, Dec 11 (IANS) Funds to the tune of Rs.3,000 crore (nearly $600 million) allocated for road construction in Chhattisgarh's interior areas have been lying unutilised for many years ... Read more...

Posted in Business |

Ramky Infra bags two road projects worth Rs.2,240.65 crore


December 1st, 2011 - 6:42 pm ICT by IANS
Mumbai, Dec 1 (IANS) Ramky Infrastructure Thursday said it has bagged two road projects worth Rs.2,240.65 crore from the National Highways Authority of India (NHAI).The first project is for six-laning ... Read more...

Posted in Business |

Reliance Infra’s Q2 operating revenue up 44 percent


November 8th, 2011 - 8:58 pm ICT by IANS
Mumbai, Nov 8 (IANS) Reliance Infra, part of the Reliance Group, Tuesday reported a rise of 44 percent in its operating income for the quarter ended Sep 30, 2011 at ... Read more...

Posted in Business |

ADB to fund Chhattisgarh road projects


October 11th, 2011 - 3:05 pm ICT by IANS
Raipur, Oct 11 (IANS) The Asian Development Bank (ADB) will provide over Rs.354 crore to Chhattisgarh, India's key mineral-rich state, for renovation and reconstruction of its six major roads, the ... Read more...

Posted in Business |

Bihar allowed to construct rural roads under central scheme


September 16th, 2011 - 6:03 pm ICT by IANS
New Delhi, Sep 16 (IANS) Union Rural Development Minister Jairam Ramesh has allowed road projects worth Rs.935 crore to be undertaken by state government agencies in Bihar, which has been ... Read more...

Posted in Uncategorized |

Six-lane roads to connect India’s metros


September 12th, 2011 - 8:04 pm ICT by IANS
New Delhi, Sep 12 (IANS) India's metros -- Delhi, Mumbai, Kolkata and Chennai -- will soon be connected through six-lane roads, Minister for Road Transport and Highways C.P. Joshi said ... Read more...

Posted in Business |

Delays in infra projects raises costs 23 percent: Government (Lead)


August 19th, 2011 - 9:37 pm ICT by IANS
New Delhi, Aug 19 (IANS) The government Friday said 251 central projects - most of them in the infrastructure sector - have missed their deadlines, resulting in an anticipated cost-overrun ... Read more...

Posted in Business |

‘251 delayed projects to cost 23.45 percent more’


August 19th, 2011 - 8:40 pm ICT by IANS
New Delhi, Aug 19 (IANS) The central government Friday said 251 central projects have missed their deadlines, resulting in an anticipated cost-overrun of 23.45 percent of Rs.369,361.6 crore on implementing ... Read more...

Posted in Politics |

Reliance Infra quarterly net profit rises 8 percent


August 11th, 2011 - 4:09 pm ICT by IANS
Mumbai, Aug 11 (IANS) Reliance Infra, part of the Anil Dhirubhai Ambani Group (ADAG), Thursday reported an 8 percent rise in net profit for the quarter ended June 30 at ... Read more...

Posted in Uncategorized |

ADB gives $300 mn loan for road projects in Madhya Pradesh


June 15th, 2011 - 9:04 pm ICT by IANS
New Delhi, June 15 (IANS) The Asian Development Bank (ADB) Wednesday offered $300 million loan for up-gradation of state highways in Madhya Pradesh.The loan will help upgrade nearly 1,000 km ... Read more...

Posted in Business |

Reliance Infrastructure 2010-11 operating income, net profit rise


May 27th, 2011 - 7:45 pm ICT by IANS
Mumbai, May 27 (IANS) Leading utility and infrastructure development major Reliance Infrastructure, part of the Anil Dhirubhai Ambani group Friday reported a 4 percent increase in total operating income at Rs.15,408 ... Read more...

Posted in Business |

Srei’s 2010-11 net profit up by 15 percent


May 19th, 2011 - 7:50 pm ICT by IANS
Kolkata, May 19 (IANS) Kolkata-based Srei Infrastructure Finance Limited Thursday announced that it posted a profit after tax (PAT) of Rs.179 crore during the last fiscal compared to Rs.156 crore ... Read more...

Posted in Business |

C.P. Joshi asks engineers not to compromise with safe road design


March 31st, 2011 - 8:03 pm ICT by ANI
New Delhi, Mar 31 (ANI): Union Minister for Road Transport and Highways Dr. C.P. Joshi has asked the road engineers not to compromise with the appropriate and safe road design.Addressing a workshop ... Read more...

Posted in National |

Workshop on consideration of road safety to be held tomorrow


March 30th, 2011 - 10:24 pm ICT by ANI
New Delhi, Mar 30 (ANI): Union Minister for Road Transport and Highways will inaugurate a workshop on "Consideration of Road Safety in Design of Road Projects" here tomorrow.The conference is being ... Read more...

Posted in National |

India plans 558 roads along China, Pakistan border


March 28th, 2011 - 10:36 am ICT by IANS
New Delhi, March 28 (IANS) India will build 558 roads totalling 27,986 km by 2030 at a cost of over Rs.500 billion (over $10 billion) in an effort to shore ... Read more...

Posted in Business |

Chhattisgarh probes engineer’s donation to Maoists


February 21st, 2011 - 7:01 pm ICT by IANS
Raipur, Feb 21 (IANS) The case of a donation made by a government official to the outlawed Communist Party of India-Maoist (CPI-Maoist) was being probed by the Chhattisgarh police, state Home Minister ... Read more...

Posted in Politics |

Developing quality roads a priority: C.P. Joshi


January 20th, 2011 - 9:01 pm ICT by IANS
New Delhi, Jan 20 (IANS) Newly-appointed Road Transport Minister C.P.Joshi Thursday said his ministry will promote the use of new technologies to help develop good quality roads and ensuring greater transparency in ... Read more...

Posted in Business |

Punj Lloyd inks pact with Malaysia’s Hopetech


November 29th, 2010 - 7:37 pm ICT by IANS
New Delhi, Nov 29 (IANS) Engineering and construction firm Punj Lloyd Monday signed an agreement with Malaysia's Hopetech for providing automated electronic toll collection in India.The two companies signed a memorandum ... Read more...

Posted in Business |

Reliance Infrastructure net profit up 11 percent


November 12th, 2010 - 8:57 pm ICT by IANS
Mumbai, Nov 12 (IANS) Leading utility and infrastructure development firm Reliance Infrastructure, part of the Anil Dhirubhai Ambani group, Friday reported a 11 percent increase in net profit for the second quarter ... Read more...

Posted in Business |

Govt. to raise more funds for development in Punjab: Badal


November 2nd, 2010 - 8:15 pm ICT by ANI
By Ravinder Singh RobinBaba Bakala (Amritsar) Nov. 2 (ANI): Punjab's Deputy Chief Minister Sukhbir Singh Badal on Tuesday said that to achieve the ongoing development projects' target in the state, the Government ... Read more...

Posted in National |

ADB to lend $470 million for Bihar and Maharashtra projects


September 16th, 2010 - 5:54 pm ICT by IANS
New Delhi, Sep 16 (IANS) The Asian Development Bank (ADB) will lend $300 million to the Bihar government for building nearly 365 km of state highways, new drainage and bridges. The ADB's board ... Read more...

Posted in Business |

Tata Realty targets Rs.30,000 crore projects by 2015


August 5th, 2010 - 5:56 pm ICT by IANS
Chennai, Aug 5 (IANS) Tata Realty and Infrastructure Ltd (TRIL) is targeting an order book of Rs.30,000 crore by 2015, building logistics parks, roads, airports, rapid transport systems, a top company official ... Read more...

Posted in Business |

Taiwan to help Russia build world’s largest aquarium


July 27th, 2010 - 5:27 pm ICT by IANS
Taipei, July 27 (DPA) A Taiwan company has won a contract to design the world's largest aquarium in Russia's Vladivostok city, the company said Tuesday. The Huangs Green Country Industrial Co Ltd won ... Read more...

Posted in Business |

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