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101 infra projects see Rs 1.29 lakh crore in cost overruns

101 infra projects see Rs 1.29 lakh crore in cost overruns

As many as 101 infrastructure projects sized Rs 1,000-crore and above have reported a cost overrun of Rs 1.29 lakh crore, as per official data.

Property prices soften by 1% in Delhi-NCR: Report

Property prices soften by 1% in Delhi-NCR: Report

The average capital values in Noida, Greater Noida and Delhi dipped minimally by a percent each.

Govt spending key for revival of Indian steel sector: Fitch

Govt spending key for revival of Indian steel sector: Fitch

Spending on infra projects such as housing for all and smart cities is the key for the revival of the Indian steel industry, which faces headwinds like cheap imports, global agency Fitch said.

Easy exits to release Rs 4,000 cr to road developers: Ind-Ra

Easy exit options for completed road projects will release Rs 4,000 crore to developers, which can be ploughed back in infrastructure projects or used to retire debt, India Ratings and Research (Ind-Ra) said on Monday.

Govt invests Rs 4.85 lakh crore in big infra projects

Government has invested Rs 4.85 lakh crore in big infrastructure projects, costing over Rs 150 crore, as of June 1 in the current fiscal.

Govt mulls entity to revive sick units using CPSEs' extra cash

The funds may be used for purposes like reviving sick PSUs and investment in infrastructure projects. There are 70 ailing PSUs and the government believes 43 out of these can be revived.

Infra sector growth at 6-month high of 4.4% in May

Infra sector growth at 6-month high of 4.4% in May

The output of eight infrastructure sectors expanded by 4.4 percent in May, the highest growth rate in past six months, on the back of upsurge in production of coal and refinery products.

'Projects worth Rs 26.5 lakh cr stuck on regulatory issues'

There were a total of 16,966 projects with investments worth over Rs 154 lakh crore from various sectors, both public and private sources, as on December 2014.

PM pushes for expediting projects in irrigation, affordable housing, toilets

He reviewed the status of stalled projects in the infrastructure sector and was apprised of the steps being taken to enhance infrastructure creation in accordance with his vision for the 75th year of India's Independence, a PMO statement said.

Getting land for infra projects a challenge, says Prabhu

Unlike in China, Railways Minister Suresh Prabhu said in India most of the land is owned by farmers and others.

Sebi clears Muni bonds; to boost smart cities, infra projects

In a move that will help raise funds for infrastructure projects and the government's smart cities initiative, regulator Sebi today approved new norms for issuance and listing of municipal bonds on stock exchanges.

Govt seeks foreign funds for infra projects worth over $75 bn

Government is seeking overseas investment for infrastructure projects worth over USD 75 billion in sectors like power, roads and railways over the next few years.

Quickly resolve issues to speed up pace of infra projects: PM Modi

Quickly resolve issues to speed up pace of infra projects: PM Modi

The meeting was told that no power plant today faces shortage of coal as issues regarding the fuel supply to the plants have been resolved.

India asks China to cease infra projects in Pakistan

 India has conveyed its concerns to China about its involvement in infrastructure building projects, including an economic corridor in Pakistan-administered Kashmir and asked them to cease such activities, parliament was told Wednesday.

295 infra projects delayed; cost overrun at over Rs 1 lakh cr

As many as 295 infrastructure sector projects worth Rs 150 crore or more are delayed with total cost overrun of Rs 1,01,436 crore, Parliament was informed Thursday.

6 Indian infra projects figure in KPMG world markets report

These projects were evaluated on the basis of their scale, feasibility, complexity, innovation and impact on society, KPMG said.

Narendra Modi meets infra secretaries to set target for current fiscal

Aiming to spruce up growth, Prime Minister Narendra Modi on Saturday met secretaries of nine infrastructure ministries to set targets for 2014-15 and identify key projects in sectors like road, power and railways.

Budget announcements positive for infra in long term: Fitch

Fitch said the new government led by Narendra Modi has made new long-term capital investment cycle as a policy focus.

PM to meet eight Northeast CMs Monday; to review infra projects

Prime Minister Manmohan Singh will meet Chief Ministers of all northeastern states here on Monday to review infrastructure and development projects in the region.

Not many infra projects getting off ground a concern: Munjal

Country's economic growth in July-September quarter marginally grew by 4.8 percent.