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Construction & Infrastructure News

Stressed power assets to be bid out

December 2018

The Power Ministry has asked the Finance Ministry to bid out stressed power assets in the insolvency court through a forward e-auction....

Power Ministry, Finance Ministry, NTPC, Power

Old and depleted lines of 8,000 km on trunk routes to be replaced

January 2018

The Indian Railways is set to begin its largest track renewal exercise (as indicated by media reports), wherein it is expected to replace 8,000 km of...

Indian Railways, Ministry of Railways, Finance ministry, Upcoming budget

Railways to raise Rs 30,000 crore through asset monetisation

January 2018

The Indian Railways is optimistic about raising Rs 30,000 crore through its maiden asset monetisation drive in the current financial year, according ...

Indian Railways, Power transmission, National transporters, Finance ministry

Draft accounting rules for real estate projects issued

June 2017

The Finance Ministry, in May, issued a fresh draft of the Income Computation and Disclosure Standard (ICDS) for real estate transactions, which could...

Finance Ministry, ICDS, Real estate transactions, RERA, POCM, CBDT

Sandeep Upadhyay, Managing Director and CEO, Centrum Infrastructure Advisory Limited

February 2017

Budget should focus on higher funds allocation to infrastructure and improving domestic macroeconomic fundamentals The priority of the Budget should...

Budget, GST, Post-demonetisation phase, GDP ratio, PSB, PSU, NPA, IIFCL, IREDA, PFC, REC, Finance Ministry, NIIF, NPA, MAT

Sandeep Upadhyay, Managing Director and CEO, Centrum Infrastructure Advisory Limited

February 2017

Budget should focus on higher funds allocation to infrastructure and improving domestic macroeconomic fundamentals The priority of the Budget should...

Budget, GST, Post-demonetisation phase, GDP ratio, PSB, PSU, NPA, IIFCL, IREDA, PFC, REC, Finance Ministry, NIIF, NPA, MAT

Railways seek Rs.1.19 lakh cr for safety works

December 2016

As the separate Rail Budget is being merged with the General Budget, the Indian Railways has urged the Finance Ministry to allocate Rs 119,183 crore ...

Rail Budget, Finance Ministry, Rashtriya Rail Sanrakshan Kosh, National Rail Conservation Fund, Track improvement, Bridge rehabilitation, Safety works

Budget merger may save Railways Rs 10,000 crore

September 2016

Cash-strapped Railways will save about Rs 10,000 crore annually as it will no longer have to pay dividend if the separate Rail Budget is scrapped, wh...

Railways, GBS, Finance Ministry, Rail Budget, Cabinet
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