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Union Budget 2014-15: Industry hails infra reforms announcements in Budget

Last Updated: Thursday, July 10, 2014, 22:25

Earnest & Young's Tax Partner-Infrastructure Practice, Samir Kanabar said Budget 2014 has showered much awaited reforms in infrastructure sector.

Union Budget 2014: Budget provides for Rs.100 crore Agriculture Infrastructure Fund

Last Updated: Thursday, July 10, 2014, 17:43

Finance Minister Arun Jaitley Thursday announced the setting up of an Agriculture Infrastructure Fund of Rs.100 crore to encourage research and development, saying it was necessary to make farming competitive and give an impetus to investment in agriculture.

Economic Survey: Urgent need for consistency in policies for infra growth

Last Updated: Wednesday, July 09, 2014, 15:12

Lack of consistency in policies needs urgent redressal apart from removing procedural bottlenecks to keep India's infrastructure ball rolling, the government said Wednesday.

Britain offers 1 billion pound credit line for infra projects

Last Updated: Tuesday, July 08, 2014, 20:09

Osborne and British foreign secretary William Hague are on a two-day visit to India to bolster trade and investment ties with Asia`s third-largest economy.

MMOPL agrees to reduce Metro fares temporarily till month-end

Last Updated: Monday, July 07, 2014, 23:10

Bombay High Court on Monday accepted the proposal of Reliance Infrastructure and Mumbai Metro One Pvt Ltd (MMOPL) to slash the fares of Mumbai Metro from Rs 10-Rs 40 bracket to Rs 10-Rs 20 till the month-end.

Piramal buys roads in bet on infrastructure recovery

Last Updated: Monday, July 07, 2014, 14:07

The conglomerate headed by billionaire Ajay Piramal is hunting for road projects put up for sale by stressed developers, betting a change of government will stimulate growth and revive an infrastructure sector plagued with delays.

Reliance Infra appoints M S Mehta as CEO

Last Updated: Monday, July 07, 2014, 13:55

Reliance Infrastructure, part of Anil Ambani-led Reliance Group Monday appointed M S Mehta as the Chief Executive Officer (CEO) of the company.

GMR Infra shares tumble 8% on QIP issue

Last Updated: Thursday, July 03, 2014, 18:31

Shares of GMR Infrastructure tumbled about 8 percent Thursday after the company launched a share sale issue to institutional investors.

Islamic Development Bank announces $2bn infrastructure fund

Last Updated: Monday, June 30, 2014, 15:00

The IDB Fund II is the largest private equity infrastructure fund dedicated to the 57 member countries.

RBI revises asset classification norms for infra firms

Last Updated: Thursday, June 26, 2014, 20:37

The Reserve Bank Thursday allowed banks to treat loans as 'standard' even when date of commencement of project is delayed by two years, a move that would provide easier fund access to infrastructure firms.

Netherlands' Sanoma to transfer IT infra & support to Wipro

Last Updated: Wednesday, June 25, 2014, 22:22

With the centralisation of services to one partner, Sanoma targets both more homogeneous Group-wide services and cost savings.

Ask fare committee to decide Mumbai Metro fares: HC to Centre

Last Updated: Tuesday, June 24, 2014, 18:04

The Bombay High Court Tuesday asked the Centre to direct the fare fixation committee to expeditiously fix the tariff of the 11.4-km Mumbai Metro rail corridor which connects Versova in the west to Ghatkopar in the east.