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Construction & Infrastructure News

S Bhagat is the new CFO of Azure Power

November 2017

Azure Power, a leading independent solar power producer in India, announced the appointment of Sushil Bhagat, former CFO of Hindustan Power Projects ...

Azure Power, Sushil Bhagat, HPPL, State Bank Group, Solar power, HPPL, Wachovia, Axis Bank, S Bhagat

Abu Dhabi Investment Authority to invest $1 billion in the NIIF

October 2017

Abu Dhabi Investment Authority (ADIA) will soon be investing $1 billion in the National Investment and Infrastructure Fund (NIIF), indicate reports, ...

ADIA, NIIF, HDFC Asset Management, HDFC Standard Life Insurance, Housing Development Finance, ICICI Bank, Axis Bank, Kotak Mahindra Old Mutual Life Insurance

Navi Mumbai ramps up as captive offices hub

August 2017

Navi Mumbai continues to have the most affordable average rent among all micro-markets of Mumbai. The well-planned city also has a growing footprint ...

Navi Mumbai, BPO, offshore resources, Mumbai Metropolitan Region, BFSI sector, Axis Bank, IDFC, Accenture, L&T Infotech, Capgemini (iGate), Cognizant, Syntel, JLL India

Reliance Infrastructure wins Rs 2,950-crore arbitral award in dispute with DMRC

June 2017

Reliance Infrastructure’s subsidiary Delhi Metro Express has won a Rs 2,950-crore arbitral award against the Delhi Metro Rail Corporation (DMRC), whi...

Reliance Infrastructure, DMRC, PPP, Punjab National Bank, Axis Bank, Canara Bank, Niti Aayog, CCEA

We envisage a barrier-free tolling system

June 2016

NPCI falls into the category of financial market infrastructure. Our infrastructure is not visible to the naked eye. The financial market infrastruct...

NPCI, Infrastructure, A P Hota, SMS, Fibre network, Metro centres, USSD, NHAI, ICICI Bank, Axis Bank, ETC, RFID card, UPI, BBPS, Venkaiah Naidu

Those vehicles without tags should be impounded

December 2015

There are barriers at the tolls. The system counts and classifies the vehicles. Pictures of the vehicle are taken per transaction. The system then ma...

Sachin Bhatia, Metro Infrasys, Vehicles, Fraud, Internal Audit Online System, Technology, Challaans, ICICI Bank, Axis Bank

Injecting Hope

October 2014

A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equ...

Slew, Infrastructure, Indian, Reserve Bank, India, RBI, Finance, Arun Jailtey, CRR, SLR, Priority Sector Lending, PSL, Crisil, International Financial Institution, IFI

Axis Bank to raise Rs 60 Billion through bonds

August 2014

Axis Bank has raise Rs 60 billion from bonds to fund its business growth. The board of Directors of Bank has approved issuance of long term bonds / n...

Deals, Axis Bank, Bonds, NCD, Loans, Deposits, Insurance, Cash Management Services, Treasury, Investments, Capital Market, Remittances, Global Depositary Receipt
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