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Construction & Infrastructure News

90 per cent homebuyers unaware of the impact of insolvency on their developers

September 2017

With some top developers in the NCR filing for insolvency, a Magicbricks Consumer Choice Poll revealed that about 90 per cent of investors are unawar...

NCR filing, Magicbricks Consumer Choice Poll, E Jayashree Kurup, Jaypee Infrastructure Group, IDBI Bank, Jaypee Aman project, Anuj Jain, Kosmos

Genie SX-150 telescopic boom lift comes to India

September 2017

ABC Infra Equipment has taken delivery of India’s first Genie® SX-150 boom lift with platform height of 46.33 m (152 ft) and lifting capacity of 340 ...

Genie, ABC Infra, Boom lift, Construction, Maintenance

DMIC cities must become R&D and production hubs for emerging technologies, says Ministry of Electronics and IT

September 2017

IT and Electronics sector in India is poised for massive growth and investments, and greenfield cities coming up under projects such as the Delhi Mum...

IT, Electronics sector, ESDM, DMIC, Ajay Prakash Sawhney, Infrastructure, DMIC, SPV, Make in India, Electronics

Finally, Sardar Sarovar dam inaugurated despite protests

September 2017

One of the most controversial infrastructure project in India – the Sardar Sarovar Dam – has finally been completed and recently inaugurated by Prime...

Infrastructure project, Sardar Sarovar Dam, Narendra Modi, Medha Patkar

Government exploring public financing to raise Rs 10 trillion

September 2017

Nitin Gadkari has reportedly mentioned that a deficit of bank credit for huge infrastructure projects has spurred the government to look for a plan t...

Nitin Gadkari, Infrastructure, Bharatmala, Sagarmala, Road construction, Investment

Govt saved Rs 3 lakh crore loans to road sector turning into NPAs: Gadkari

September 2017

The NDA government has managed to save Rs 3 lakh crore worth bank loans to the road sector turning into NPAs, according to the minister of road trans...

Nitin Gadkari, NDA government, IACC, NHAI, Infrastructure, Ports, Inland Water Ways, Logistics, Equipment, Uber type, Sagarmala project

Jaypee Infratech ordered to deposit Rs 2,000 crore in court

September 2017

A bench comprising of Chief Justice Dipak Misra along with judges DY Chandrachud and AM Khanwilkar has permitted an Interim Resolution Professional (...

Dipak Misra, IRF, Jaypee Infratech, IRF, Homebuyers, P Chidambaram, DY Chandrachud, AM Khanwilkar

IRB Infra's arm achieves COD for highway project

September 2017

Kaithal Tollway Pvt. Ltd. (KTPL), a Special Purpose Vehicle of IRB Infrastructure Developers Ltd., has commissioned its Kaithal – Rajasthan Border fo...

Kaithal Tollway Pvt. Ltd., IRB Infrastructure Developers Ltd., Private highway, Infrastructure developer
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