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Construction & Infrastructure News

OPERATION IN(FRA)SOLVENCY

September 2017

With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolven...

Investments, Insolvency, Bankruptcy Code 2016, NPA, ICRA, Ajit Gulabchand, NITI Aayog, Ashwini Mehra, State Bank of India, Infrastructure, IDFC, CMIE, MOSPI, NHAI, Hari Sankaran

SBI launches one-stop portal for home buyers

July 2017

State Bank of India recently launched SBI Realty, a dedicated portal designed to assist home buyers in selecting apartments from a list of its 3,000 ...

State Bank of India, SBI Realty, SBICAP Securities, PropEquity

We have turned GIFT from an infra-led to a business-led city

February 2017

With over $1.5 billion worth of transactions in less than one year, GIFT city is a raging bull in the making. But the project has had its challenges....

Ajay Pandey, Gujarat International Finance Tec-City, IL&FS, Wastewater, SCADA system, Samruddhi Sarovar, STP, AWCS, State Bank of India, BRTS, REGS

Realtors call for tax reliefs to create millions of reasonably prices houses

October 2016

While affordable housing can have more potential than imagined, there is a need to simplify and reduce taxation to create million of houses that are ...

Affordable housing, Niranjan Hiranandani, NAREDCO, Hiranandani Group, State Bank of India, APREA, Peter Verwer, Gautam Mehra, Rajnish Kumar, PwC India, Real estate, Amit Goenka, Nisus Finance and Convenor of the Summit, GST, Private Equity

Sobha’s ‘Agents of Change’ – A conclave for the future of real estate

July 2016

Sobha Ltd organised first-of-its-kind real estate conclave, centered around the theme—Agents of Change. The conclave highlighted forward-looking tren...

Sobha Ltd, Ravi Menon, JC Sharma, RERA, REITs, FD, Real estate, Joe Verghese, Nikhil Rungta, Housing.com, YV Ramana Murthy, State Bank of India

Government warns road developers

January 2016

Running out of patience for their lack of commitment and lackadaisical approach, the government has warned non-serious developers and bankers of term...

Bankers, Terminating highway projects, L&T, HCC, Gammon, Madhucon, Soma and Essel Ifra, State Bank of India, Punjab National Bank, Bank of India

Deposits under Jan Dhan Yojana cross Rs.25,000 cr

November 2015

Deposits in accounts opened under the government´s ambitious financial inclusion scheme Pradhan Mantri Jan Dhan Yojana have crossed Rs.25,000 crore, ...

Financial Inclusion Scheme, Pradhan Mantri Jan Dhan Yojana, Oriental Bank of Commerce, Deposits, UCO Bank, State Bank of India, Bank of Baroda

States to put 82 blocks for auction by Oct-Nov: Mines Secy

September 2015

The 12 mineral producing states will put 82 mining blocks containing minerals such as iron ore, bauxite, limestone under the hammer by October-Novemb...

Mineral producing, Mining blocks, Mines, Minerals, MMDR, Balwinder Kumar, SBI Capital, State Bank of India, MSTC, Coal
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