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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.

Road Ministry may seek greater autonomy from new govt

Last Updated: Friday, May 23, 2014, 15:45

According to an official in the ministry, more autonomy or free hand is needed for decision making for speedy execution of highway projects.

L&T awarded Rs 1,550 crore road project in Oman

Last Updated: Monday, March 03, 2014, 14:34

Engineering and construction giant Larsen & Toubro (L&T) has won a Rs 1,550 crore road project in Oman, the company said Monday.

12 road projects worth Rs 6K cr lined up for CCEA approval

Last Updated: Wednesday, January 08, 2014, 17:36

The CCEA is expected to clear about 12 road projects, entailing investments of over Rs 6,000 crore, over the next few weeks.

Govt clears Rs 1,912 crore of road projects in Bihar, Gujarat

Last Updated: Thursday, December 26, 2013, 15:56

The government on approved the widening of highways in Bihar and Gujarat at an estimated cost of Rs 1,912 crore.

J&K govt spends Rs 110 crore on road projects in Poonch

Last Updated: Tuesday, May 07, 2013, 18:32

Jammu and Kashsmir government has spent Rs 110 crore on completion of 32 road projects under the Pradhan Mantri Garmeen Sadak Yojana (PMGSY) in Poonch district of the state.

`TN road projects delayed due to absence of support agreement`

Last Updated: Tuesday, January 08, 2013, 22:44

Various road projects are getting delayed in the absence of support agreement from the state, Union minister of State for Road Transport and Highways Sarvey Sathyanarayana said.

Looking for suitable investors for road, power projs: Lanco

Last Updated: Monday, December 24, 2012, 19:12

In a regulatory filing, the diversified group said the process of finding suitable investors for many of its projects has been going for the past 15 months.

GMR starts 2 road projects; expects Rs 1 cr/day revenue

Last Updated: Thursday, December 20, 2012, 18:19

With the commencement of these two projects, the Group has now a portfolio of eight operating highways, the company said in a statement.

L&T IDPL achieves financial closure for 2 projects in Maha

Last Updated: Friday, December 07, 2012, 12:41

L&T Infrastructure Development Projects (L&T IDPL) on Friday said it has achieved financial closure for two of its road projects in Maharashtra.

Ramky Infra completes funds arrangement for Rs 1,102 cr project

Last Updated: Thursday, November 15, 2012, 17:50

Construction firm Ramky Infrastructure Thursday said it has achieved financial tie-up for Rs 1,102.81-crore road project in Karnataka.

Govt expects to award 4,000km road projects under EPC by 2017

Last Updated: Friday, August 31, 2012, 16:08

The government expects to award road projects of total length 4,000 km under the engineering, procurement and construction model in the next five years.