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Construction & Infrastructure News

IBC, infra push put steel sector in an M&A sweat spot

October 2018

With the capacity of sizable scale available at bargain prices, the sector will see a lot of Mergers and Acquisition (M&A) activities as bigger playe...

Mergers and Acquisition, IBC, Resolution Professionals, Arcelor Mittal, Vedanta Resources Plc, Narendra Modi, Consumer durables, Automobiles, NCLT, Tata Steel, Bhushan Steel, JSW Steel, Mahesh Singhi, Singhi Advisors

The Bailout Plan

October 2018

Is the Indian Railways chugging towards a gargantuan bailout? Startling as it may sound, the question is within the realms of plausibility given the ...

Indian Railways, CAGR, Seventh Pay Commission, IRFC, Japan International Cooperation Agency, Asian Development Bank, CRISIL Infrastructure Advisory, Infrastructure, Technology, IT systems, Western Dedicated Freight Corridor, RITES, Jagannarayan Padmanabhan

Connecting India

October 2018

Trains and the national railway network are meant not only for the physical movement of people and goods but also to enhance the overall quality of l...

Railway, Narendra Modi, Vigyan Bhavan, Indian Railways, ATVM, Yatri Ticket Suvidha Kendra, Integrated Transport E-Ticketing System, Integrated Transport E-Ticketing Smart Cards, Mangal Dev, Hitachi Rail Systems-India

Paradip Port expansion to boost PCPIR

October 2018

The stake of the proposed Petroleum, Chemical and Petrochemical Investment Regions (PCPIR) is most likely to improve with the expansion plans of the ...

Paradip Port, Port, Petroleum, Chemical, Petrochemical, Environment

The Rs 42-billion Visakhapatnam metro has found its investor! Find out here who it is!

October 2018

The Korean Exim Bank will fund the infrastructure for the much-awaited Visakhapatnam metro-rail project. Reportedly, the bank will support the state ...

Korean Exim Bank, Metro Rail, Rail Corporation, Vishakhapatnam, Transport

PM inaugurates Jharsuguda Airport

October 2018

After Bhubaneswar, the newly inaugurated Jharsuguda is the second airport of Odisha to become operational and the first one to provide necessary conn...

Jharsuguda, RCS UDAN, Government of Odisha, Regional Connectivity Scheme, Ports

Contract for construction of Diving Support Vessels (DSV) signed

October 2018

In order to augment the Indian Navy’s submarine support operations on either coast, a contract was signed by the Indian Navy with M/s Hindustan Shipy...

NAvy, DSV, Vishakhapatnam, Vessels, Ocean Region

ACME Solar Holdings to raise up to Rs 30 billion through InvIT

October 2018

Through an infrastructure investment trust (InvIT), ACME Solar Holdings plans on raising up to Rs 30 billion amid a prolonged delay in a planned init...

InvIT, ACME Solar Holdings, Renewable energy producer, Inverters
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