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Construction & Infrastructure News

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

Gammon lenders to acquire 51% stake

December 2015

Lenders led by ICICI Bank have decided to initiate a strategic debt restructuring (SDR) exercise at Gammon India, which will give them a 51 per cent ...

ICICI Bank, Gammon India, SDR, Construction, Engineering

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

ICICI bank raised Rs 39 bn through infra bonds

September 2014

ICICI Bank Ltd, private lender has decided to raised Rs 39 billion by issuing 10 year infrastructure bonds to finance high-cost and long gestation pr...

Deals, ICICI Bank Ltd, Infrastructure Bond, Projects, Road, Ports, Power Plant, Housing, Raised, Investors

IL&FS Trans informs about the financial tie-up for Srinagar Sonamarg Gumri road project

September 2014

IL&FS Transportation has recently informed in a BSE filing that the financial tie-up of loans aggregating to Rs 2,363 crore has been achieved for the...

Loan, Project, Srinagar Sonamarg Gumri road, Financial, Tie-Up, ICICI Bank

Aditya Birla PE to acquire stake in CIBIL

July 2014

Aditya Birla Private Equity plans to buy out 10% stake in CIBIL Ltd at a cost of Rs 1200 million. The deal would offer exit route to existing stake h...

Aditya Birla Private Equity, CIBIL Ltd, ICICI Bank, Stake, Deals

Auction for sale of Land Measuring 2340 sqft of Mr G Sudharsanam

January 2014

ICICI Bank invites auction for sale of plot no. 143, Athipattu Village, Plot no 20, sanatha nagar, Minjur Panchayat, Chennail, measuring 2340 sqft, o...

ConstructionUpdate.com, India, 2013, Portal, Property Auction, ICICI Bank, Mumbai, sale of plot
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