Tightening its grip on coal-based power plants, the National Green Tribunal (NGT) has imposed penalties of up to Rs 50 million on plants not meeting the 100 per cent fly ash utilisation mandate. The order […]
Jiledar Singh is currently managing director of Green Gas Limited, a joint venture between GAIL (India) Limited and Indian Oil Corporation Limited. In his current role, Singh is responsible for envisioning company policies and bringing […]
The recently concluded bidding round under the Discovered Small Fields [DSF] Policy witnessed an overwhelming response from industry participants. A total of 145 e-bids for 24 contract areas from 39 companies, including domestic public sector […]
India’s logistics sector has been a favoured investment avenue for both domestic and foreign private equity (PE) firms. Increasing demand from the e-commerce, fast moving consumer goods, third-party logistics, consumer durables and manufacturing sectors along […]
Increased infrastructure activity across sectors has paved the way for more tunnel construction in the country. Positive breakthroughs have been witnessed in the past few years with important tunnels such as the Zojila tunnel, the […]
The Essar Oil UK Group has announced the acquisition of a number of assets from BP to further strengthen its logistics infrastructure network in the UK. Under the agreement, Essar will acquire an equity stake […]
A consortium of Datamatics Global Services Limited and AEP Ticketing Solutions S.R.L, Italy has been issued a letter of acceptance (LoA) for implementing automatic fare collection (AFC) systems for 52 stations of Mumbai metro line […]
The Container Corporation of India has signed an MoU with Russian railways company RZD Logistics for developing multimodal logistics services along the International North South Transport Corridor (INSTC). The MoU seeks to explore opportunities in […]
The commissioning of Kannur airport has made Kerala the only state in the country to have four international airports. The inaugural flight to Abu Dhabi was flagged off on December 9, 2018. Developed on a […]
The Indian economy has been on a high- growth trajectory during the past three to four years, notwithstanding structural shocks such as the implementation of the goods and services tax and demonetisation causing a blip […]
The pick-up in construction activity across the country has been aided by various reforms and initiatives taken by the government in the past two to three years. A slew of measures ranging from removal of […]
The infrastructure sector has been the government’s biggest focus area for several years now. This can be especially seen from the huge budget allocation of Rs 5.97 trillion for the year 2018-19. The increased impetus […]
The construction industry and its value chain and ancillaries depend heavily on infrastructure activity for growth. The sector is also the largest employment generator outside of agriculture. The past two years have seen improvements in […]
With acceleration in infrastructure activity in the past two to three years, the construction sector, after a long period of slowdown, has benefited a great deal. As a result, the profitability of some construction companies […]
The Indian economy has shown strong growth in the past five years with GDP growth at current prices crossing 8 per cent on a regular basis since 2013-14. The construction sector’s gross value added (GVA) […]
The infrastructure sector is a key driver for the Indian economy and is largely responsible for propelling the country’s overall development. The government is focused on initiating policies to ensure the creation of world-class infrastructure. […]
The Directorate General of Civil Aviation has granted a licence to Steel Authority of India Limited for operating flights from Rourkela airport in Odisha under the RCS. The licence has been granted after the Ministry […]
The Kerala government has formed an SPV – Thiruvananthapuram International Airport Limited – to take over the operations and management of the airport, which has recently been approved for privatisation. Thiruvananthapuram airport is among five […]
The central government and the MoCA have laid foundation stone for the development of a new civil enclave at the existing Darbhanga airport in Bihar. A new terminal building will be built on 15,000 square […]
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