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Construction & Infrastructure News

NIIF to raise Rs 8,000 crore in FY18

February 2017

The National Investment and Infrastructure Fund (NIIF) plans to raise Rs 8,000 crore from various sources to fund projects worth Rs 16,000 crore for ...

National Investment and Infrastructure Fund, Public sector enterprises, Output Outcome Framework, Schemes 2017-18, infrastructure sector, Investment vehicle, Greenfield, Brownfield, Stalled projects

Govt to launch portal for improved mining activity

February 2017

Government will launch a portal for bringing in more transparency and speed up mining-related activities in the country. The Mines Ministry has devel...

Mines Ministry, Piyush Goyal, Mining sector, Power, Coal, Mines, TAMRA, E-auction, Ministry of Mines

IoT market worth $724.2 billion by 2023

February 2017

The global Internet of Things (IoT) market is primarily driven by the advancement in technology of electronic devices, according to research report “...

Global Internet, IoT Market Outlook 2023, CAGR, Asia Pacific Region, Urbanisations, Technological Improvements, IT Sector, Drivers, Restraints, Supply, Accenture PLC, Alcatel Lucent, Developments, Consultants, Equipment Manufacturers

Budget Reactions | Volvo CE India

February 2017

While maintaining fiscal discipline, this year’s Budget announced by Finance Minister Arun Jaitley demonstrably seeks to stimulate economic growth an...

Arun Jaitley, Micro, Agriculture, Housing, Rural development, Infrastructure sectors, Volvo CE India, Dimitrov Krishnan, Construction Equipment

The Budget would help in growth of consumption and infrastructure development

February 2017

Budget 2017 has focused on infrastructure, including digital infrastructure, increasing private investments, increase consumption and strengthen soci...

Dr Jaijit Bhattacharya, KPMG in India, Budget, Digital Infrastructure, Strengthen social sector

If the government is able to follow through on the remonetisation inter-alias as per the plan, it will definitely impact the economic growth positively

February 2017

The government believes that the impact of demonetisation is transient. The increased liquidity in the banking system and the increase in the net of ...

Venkatesh Gopalakrishnan, Shapoorji Pallonji Real Estate, Union Budget 2017-18, Infrastructure, Defence sectors, SOPS inter-alia, JDA

If the industry status had been extended to the real estate sector as a whole, it would have been even better

February 2017

It was a populist budget, with the government mooting a few pro-poor schemes, keeping in mind the upcoming elections. Specifically for the real estat...

Deep Kantawala, CFO-ICS Group, Union Budget 2017-18, Real estate sector
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