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Construction & Infrastructure News

Waterways infrastructure underutilised, says CAG

August 2016

According to government watchdog Comptroller and Auditor General of India (CAG), infrastructure created at a cost of Rs 284 crore for three of the Na...

Auditor General of India, CAG, National Waterways, Infrastructure

CCI appoints French audit firm Mazars to monitor asset sale process of Lafarge India

June 2016

French audit firm Mazars has been appointed by the Competition Commission of India (CCI) to monitor the divestment of French cement company Lafarge-'...

French audit firm Mazars, CCI, Lafarge India, Swiss Holcim

We are cautiously optimistic about a positive future

June 2016

At IRClass, in the last 12 months, we have seen growth in our top line. However, the global slump in oil prices, the dip in offshore productions, Chi...

IRClass, offshore productions, Vijay Arora, IRClass, RSV Code, Shipping, Clarksons, Ports, Material Handling Equipment, Offshore Installations, Management Systems Certification, Energy Audits, Port Risk Assessment, Haz-op Studies

Cost over-run of 1.07 lakh cr in railway projects: CAG

January 2016

The Comptroller and Auditor General of India (CAG) has pointed out cost over-run of more than Rs.1.07 lakh crore in 442 ongoing projects of Indian Ra...

Auditor General of India, Railway Projects, Construction, Indian Railways

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

North Eastern Council sanctions project for NER

August 2014

The details of new projects sanctioned by North Eastern Council in the current financial year for the North East Region States includes: 1) Establish...

Construction, Auditorium, School, Development Zone, North, Eastern Project

PMC agrees to conduct road audit on Pune-Satara road

March 2014

Pune Municipal Corporation (PMC) has decided to conduct safety audit of the Bus Rapid Transit System (BRTS) on Pune-Satara road after a recent fatal ...

Road, Safety, BRTS, Accidents, Audit
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