AAI is set to acquire a 51 per cent stake in the Dholera international airport in Gujarat. Once the transaction is completed, the Gujarat government will hold a 33 per cent stake while the central […]
The government has cleared a plan to transfer about Rs 290 billion working capital debt to the SPV Air India Assets Holding Limited. The proposed move will help reduce which annual interest burden substantially. At […]
The Kannur international airport in Kerala was inaugurated on December 9, 2018. The airport was developed by a special purpose vehicle (SPV) – Kannur International Airport Limited – at an estimated cost of Rs 18.92 […]
The government has given in-principle approval for leasing out the operations, management and development of six airports on a public-private partnership (PPP) basis. The six airports – Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru – […]
The government is expected to soon announce a programme that will provide viability gap funding (VGF) for cargo flights connecting the hinterland to major urban hubs of the country. Through this programme, the government aims […]
The foundation stone for the development of a dry dock at Cochin Shipyard Limited (CSL) was laid on October 30, 2018. The new dry dock is being designed to handle both shipbuilding and ship repairs, […]
As director, onshore, Oil and Natural Gas Corporation (ONGC), Sanjay Kumar Moitra oversees the production of oil and gas from the onshore fields of the company. He has held this position since April 18, 2018. […]
Cerebra Green has been successful in recovering 10 metric tonnes of e-waste during the India Clean-up Week, organised across seven cities during October 13-19, 2018. The e-waste drive was conducted by Cerebra Green in association […]
VA Tech Wabag Limited (WABAG) has secured its first major engineering, procurement and construction (EPC) order worth Rs 5.55 billion from the Public Works Authority of Qatar (ASHGAL). The scope of the project includes the […]
Maersk has commenced operations at Kamarajar port in Ennore, Tamil Nadu. The port offers connectivity between the ports of Far East Asia such as Tanjung Pelepas in Malaysia, Busan in South Korea, Xingang in China […]
Registered in December 2015, the National Investment and Infrastructure Fund (NIIF) was created by the government on the concept of a sovereign wealth fund. The fund showed caution in its first year of operations. Activity […]
Smartening infrastructure projects and utilities has become a necessity more than a choice in today’s world. Technology innovations have had a big role to play in making infrastructure resilient and smart. Bentley Systems is a […]
The affordable housing sector has seen rapid growth in the past three years in terms of policy and regulations, incentives and schemes, and project uptake. Under the Pradhan Mantri Awas Yojana – Urban (PMAY [U]), […]
The collection and effective treatment of sewage continue to be one of the biggest areas of concern for urban local bodies (ULBs) in Odisha. Rapid urbanisation and increasing population have only compounded the problem. While […]
Over the years, the tower industry has emerged as a key engine of growth for the telecom sector. It has helped the sector in keeping pace with technological advancements by setting up robust network infrastructure. […]
An efficient and integrated urban transportation system is critical to a city’s development plans. At present, about 34 per cent of the country’s population resides in urban areas. Traffic congestion is the most pervasive transport […]
IR has increased freight rates by 8.75 per cent for major commodities including coal, iron and steel, iron ore, and raw materials for steel plants. Moreover, container haulage charges and the freight rates for other […]
IR has reviewed and rationalised the Flexi Fare Scheme based on the recommendations of the Review Committee, Comptroller and Auditor General’s report. Upon rationalisation, 15 trains with an average monthly occupancy less than 50 per […]
The Ministry of Railways (MoR) has launched an all-India unreserved mobile ticketing facility. This facility allows the booking of unreserved tickets including season tickets and platform tickets. The booking of unreserved tickets for all non-suburban […]
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