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Fiscal Year:

Government to set up fund for banks' stressed assets

New Delhi: The Government of India is looking to set up a special fund, as a part of National Investment and Infrastructure Fund(NIIF), to deal with stressed assets of banks. The s...

November 16, 2015

Infrastructure development top priority; Rs 4 Lakh crore stuck projects rolled: PM Narendra Modi

New Delhi: Prime Minister of India Mr Narendra Modi indicated that the government has rolled out stuck projects worth Rs 4 lakh Crore (US$ 60.7 billion) in the past six months, whi...

November 06, 2015

Government to address issues to expedite infrastructure projects

New Delhi: The Government of India will address all regulatory and financial issues with a view to expedite infrastructure projects, including those promoted under the public-priva...

October 27, 2015

Malaysia proposes to invest US$ 30 billion in urban development and housing projects in India

New Delhi: The Construction Industry Development Board (CIDB) of Malaysia has proposed to invest US$ 30 billion in urban development and housing projects in India, such as a mini-s...

October 16, 2015

Embassy partners Warburg Pincus to enter into warehousing business

Bengaluru: Real estate developer Embassy Group has formed a US$ 250 million joint venture with global private equity firm Warburg Pincus to build warehouses across the country, whi...

October 09, 2015

100 Smart Cities, AMRUT, HRIDAY scheme to cover almost every city, town across India

New Delhi: Various Central Government schemes such as 100 Smart Cities, Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for 482 cities and towns, and Heritage City D...

August 10, 2015

Punj Lloyd wins Rs 477 crores Ennore LNG Tankage Project from Mitsubishi

Mumbai: India’s engineering and construction major, Punj Lloyd, has won an order worth Rs 477 crores (US$ 76 million) for Ennore LNG tankage project from Mitsubishi Heavy Ind...

August 03, 2015

NEC, Government of Andhra Pradesh to collaborate on Smart Cities

New Delhi: NEC Corporation of Japan and AP Technology Services Limited (APTS), a wholly owned state company of Andhra Pradesh, have signed a Memorandum of Understanding (MOU) for c...

July 28, 2015
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