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RINL's despatch getting hampered due to inadequate rake supply

Government-run steel-maker Rashtriya Ispat Nigam's despatch of finished products is getting hampered due to inadequate supply of rakes by the Railways.

Eight core sectors grow by 3.7% in August

Eight infrastructure industries posted a 7-month high growth rate of 3.7 percent in August on the back of good performance by power, cement, steel and fertiliser sectors.

Poor infra, complex procedures hurting exports: PHDCCI

Majority of respondents termed poor infrastructure and complex procedures as lead cause of falling exports, the survey said.

UAE offers to invest $2 bn in Indian infrastructure

Anand Sharma said the Gulf country made the proposal for investment during the first meeting of the India-UAE joint investment task force held in February this year.

'About Rs 64k cr investment needed for strong backend infra'

Backing FDI in multi-brand retail, Ficci President R V Kanoria said about Rs 64,000 crore is required to build a strong backend infrastructure like cold storages to reduce wastage in agriculture items.

Greenpeace complains to SEBI against GVK Group

Global environment watchdog Greenpeace has lodged a complaint against the GVK Group with the Securities and Exchange Board of India (SEBI), saying the Indian infrastructure major had filed incomplete information about its USD 6.4 billion Alpha coal project in Australia.

Infra projects need innovative financing models: Survey

The Economic Survey 2011-12 said delay in infrastructure projects may affect competitiveness of the economy in long run.

RBI allows FIIs to invest up to $25 billion in infra bonds

The Reserve Bank of India (RBI) Thursday allowed foreign institutional investors (FIIs) to invest up to USD 25 billion, up from existing limit of USD 5 billion, in bonds and debentures of Indian infrastructure companies.

Ball rolls on DMIC project, Cabinet note moved

Paving the way for big ticket infrastructural development, the Commerce and Industry Ministry sets the ball on roll for the USD 90 billion Delhi-Mumbai Industrial Corridor (DMIC), as it moved the cabinet note.

Mukherjee to lead business delegation to US next month

An Indian delegation led by Finance Minister Pranab Mukherjee will travel to Chicago, New York and Washington next month to pitch for American investment in Indian business opportunities, particularly in the infrastructure sector.