The central government inaugurated the Kannur international airport in Kerala on December 9, 2018. The airport was developed at an estimated cost of Rs 23.5 billion through a special purpose vehicle (SPV), Kannur International Airport […]
Reliance Industrial Investments and Holdings Limited has signed an agreement to acquire an 88 per cent stake in Kanoda Energy Systems Private Limited (KESL). Currently, all statutory approvals for the investment have been received and […]
While announcing Interim Budget 2019-20, the central government reiterated the populist tone it had set in the previous one. Though aiming for electoral gains, the government has tried to balance the short-term goals of the […]
The logistics sector forms the backbone of an economy as it facilitates efficient and cost-effective movement of goods. India regrettably still loses around 14 per cent of its GDP due to inherent inefficiencies in the […]
The Smart Cities Mission (SCM) aims to develop cities that apply smart solutions to provide core infrastructure services and give their citizens a better quality of life. Bhopal is one of 20 “lighthouse” cities that […]
While digitalisation has made inroads into several sectors, its adoption in the construction industry has been slow. This is despite the fact that the industry contributes 8-9 per cent to the country’s GDP. Currently, the […]
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 […]
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