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Power Grid sanctions Rs 307 crore for transmission project
Power Grid Corporation State-run Power Grid Corp’s board has approved an investment of Rs 307.18 crore for setting up transmission system for Rajasthan Atomic Power Project. The board of directors at...
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Edelweiss invests Rs 200 cr in Saya group’s housing project
Real estate player Saya Group has raised Rs 200 crore from financial services firm Edelweiss group to fund ongoing housing project at Ghaziabad. The company is developing a housing project at...
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Nalco puts expansion, diversification plan in fast mode
Nalco has put expansion, diversification into mining and other areas on top priority. They have done this besides focusing on exploring new and virgin markets, to tide over difficult phase faced by...
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BPCL buys first shipment of Russian Far East crude grade
Indian refiner Bharat Petroleum Corp Ltd is set to import a rare cargo of Sokol crude from Russia’s Far East as it takes advantage of a regional glut to secure cheaper oil. BPCL bought 1 million...
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SpiceJet in talks with Boeing, Airbus for $11 bn jet deal
Indian airline SpiceJet Ltd is in talks with Boeing Co and Airbus Group to acquire about 100 new narrow-body jets, its chief financial officer said, in a deal worth about USD 11 billion at list...
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PNC Infra’s consortia lowest bidder Rs 1,507 cr road proj
Two joint ventures led by PNC Infratech Ltd have been declared as the lowest bidders for two NHAI projects worth Rs 1,506 crore. “The projects involve rehabilitation and augmentation of four laning of...
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Alstom T&D bags Rs 80 crore order from Essar Projects
Alstom Alstom T&D India Ltd had bagged a contract worth around Rs 80 crores. They will supply transformers for Neyveli New Thermal Power project in Tamil Nadu. Essar Projects is responsible for the...
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Hitesh Doshi receives renewable energy leader of the year award
Today renewable is going mainstream and being recognised as the Renewable Energy Leader of the year is a recognition to the commendable work World CSR Congress has recognised Waaree Energies Limited’s...
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JLL Releases New Report at CII Annual Real Estate Conclave 2015
Anuj Puri, Chairman & Country Head, JLL India Anuj Puri – Chairman & Country Head, JLL India picks out interesting excerpts from the whitepaper by JLL Research, which tracks the industry’s...
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ILFS Transport wins Rs 1,886 cr contract from NHAI in Maha
The company has been awarded the project through issuance of a letter of award, it said adding, “The Company had quoted a grant off Rs 245.14 crores for the project.” Infrastructure company IL&FS...
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Essar Steel eyes Rs 640 cr sales through online platform
Essar Steel has launched an online platform for both buying and selling the alloy and other related products, which it claimed is the country’s first such offering in the metals space. The online...
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Cabinet approves Rs 20,000 crore NIIF fund
The Union Cabinet approved creation of a Rs 20,000-crore National Investment and Infrastructure Fund (NIIF), a sort of sovereign fund, for development of infrastructure projects, including the stalled...
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Vedanta looks to restart Goa mines by October
Vedanta Ltd is expected to restart iron ore mining by October in top exporting Goa province and that talks were continuing with regulators for merging with its cash-rich unit Cairn India. The mining...
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Getting The Most Out Of Rental Income-Producing Properties
Ashwinder Raj Singh, CEO – Residential Services, JLL India If you have some surplus funds and are looking to invest in a property purely for generating rental income, your highest chances for success...
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NTPC to appoint developer for Jharkhand coal mine soon
State-run power producer NTPC will soon appoint a mine developer and operator (MDO) for its Pakri-Barwadih coal block in Jharkhand. “MDO (for Pakri-Barwadih coal block) very close to be appointed,”...
View ArticlePradhan presents Oil Industry Safety Awards 2013-14
“Oil Industry Safety Awards” for the year 2013-14 were presented by, the Minister of State (I/C) for Petroleum & Natural Gas, Dharmendra Pradhan to the Chief Executives of the Winning Oil & Gas...
View ArticleUD Ministry releases Rs.120 cr under AMRUT cities
The Ministry of Urban Development has released about Rs. 120 cr to States and Union Territories for preparation of Service Level Improvement Plans (SLIP) for each of the 482 cities identified under the...
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Will Maharashtra’s New IT Policy Turn Navi Mumbai Around?
Maharashtra government’s new IT / ITeS policy is starting to help Navi Mumbai. After the introduction of this law, IT campuses currently in the blueprint stage and totaling an area of 3mn sq ft are...
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New-Age Sectors Begin To Dominate Office Space Occupancy
While the share of dominant sectors like IT/ ITeS and manufacturing has continued to decline, the share of emerging sectors like eCommerce, healthcare and bio-tech increased. BFSI has returned to its...
View ArticleGencos move SC to recover 6800 crore dues from BSES Firms
Delhi Transco Ltd (DTL), Indraprastha Power Generation Company (IPGCL) and Pragati Power Corporation (PPCL) has moved the Supreme court on Wednesday asking BSES power discoms to clear their electricity...
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