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Construction & Infrastructure News

Tender floated for Rs.4,400 cr ERSS-XVIII project

March 2016

Power Finance Corporation´s arm, PFC Consulting Ltd, recently floated a global tender for Rs 4,400 crore transmission project ERSS-XVIII...

Power Finance Corporation, PFC Consulting Ltd, Transmission Project, BOOM

Venu Vinod, Managing Director - Cybercity Builders & Developers Pvt Ltd

February 2016

The government has taken positive steps with the announcement of smart cities, increase in FDI and “Housing for all-2022” that have boosted the senti...

Venu Vinod, Cybercity Builders & Developers Pvt Ltd, Hon’ble Finance Minister, Shri Arun Jaitely, Concrete, Infrastructure, Real Estate Projects

Scrapping of export duty on iron ore

February 2016

The mines ministry has recommended scrapping of export duty on iron ore to bolster miners...

Mines Ministry, Iron Ore, Finance Ministry

PEs, NBFCs Going for Tier-II Properties owing to infrastructure and affordability

February 2016

Tier-II and not-so-glamorous locations in and around bigger cities are starting to see interest from private equity funds and non-banking finance com...

NBFCs, Infrastructure, Xander Finance, Prateek Group, Real estate, MG Housing

Mining Equipment Sector Ablaze

February 2016

India's national Budget 2016 is scheduled on February 29, 2016. Industry is rife with guesstimates, speculations, recommendations to the Finance Mini...

National Budget 2016, Finance Ministry, Make in India, Infrastructure Projects, Mining Equipment, Building Synergy, Crawler Dozers, Excavation Equipment, Excavators

MNRE to approach FinMin to raise Rs.10,000 crore via tax free bonds

February 2016

Ahead of the Budget, the Ministry of New and Renewable Energy is planning to approach Finance Ministry to seek its permission for raising Rs.10,000 c...

Budget, Ministry of New and Renewable Energy, Finance Ministry

India and ADB sign $80 million loan agreement

February 2016

The Asian Development Bank (ADB) and the Government of India signed an $80 million loan agreement to continue improving infrastructure in two North E...

Asian Development Bank, Infrastructure, North Eastern State Capital cities, North Eastern Region Capital Cities Development Investment Programme, Raj Kumar, Ministry of Finance, Government of India, Teresa Kho

FinMin to release Rs.32,000 cr for IR

February 2016

In some relief to the railways, the finance ministry has restored support to IR from general exchequer to the tune of Rs.32,000 crore for the current...

Railways, GBS, Finance ministry
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