PMC aims to add an aesthetic touch to city roads
Pune: Aiming to give an aesthetic touch to the city roads, the Pune Municipal Corporation (PMC) plans to appoint a panel of urban designers for designing roads. PMC, which had earlier invited bids for...
View ArticleONGC targets 53% rise in natural gas output by 2017-18
Mumbai: State run Oil and Natural Gas Corporation (ONGC) targets to achieve a 53% rise in its natural gas output with the commencement of new fields at western and eastern coasts. The company...
View ArticlePrivate upstream oil companies to benefit from rupee depreciation: ICRA
Mumbai: The concern over Rupee depreciation and currency value fluctuation though has been mounting over the Indian economy, the scenario outlines prospective opportunities for the private upstream oil...
View ArticleCCEA clears new norms for auctioning coal blocks
New Delhi: The methodology for auctioning coal blocks permitting the government to allot coal mining licenses through competitive bidding gained clearance from the Union Cabinet. The much awaited move...
View ArticleJotun records 6% rise in sales volume
Mumbai: Jotun Group has registered a 6% rise in the sales figure in the first eight months of the current fiscal. The company’s paint and powder coatings business reported a rise of NOK 8,174 million...
View ArticleGovt aims to develop Goa as logistics nerve centre: Parrikar
Panaji: The Goa government has decided to constitute a special group for preparing a roadmap to develop the coastal state into a logistics hub. The group involving 4-5 members will prepare an action...
View ArticleGVMC outlines 10 civic projects worth Rs500 cr
Visakhapatnam: The Greater Visakhapatnam Municipal Corporation (GVMC) plans to undertake ten civic projects worth Rs500 crore by the end of 2015. Infrastructure Leasing & Financial Services Ltd...
View ArticleGovt to permit private firms for exploring shale oil & gas; 10th round of...
New Delhi: The government might soon permit the private energy firms in exploring the shale oil and gas from their existing fields, disclosed the Minister for Petroleum and Natural Gas, Veerappa Moily....
View ArticleRaguram clears Bihar’s route to ‘special category’ states
New Delhi: Nitish Kumar’s assertion for a special state category for Bihar is likely become a reality as former Chief Economic Advisor and Current RBI governor- Raghuram Rajan created a new criteria...
View ArticleMinistry submits status note to EGoM on airport metro line
New Delhi: A status note on the airport line metro has been submitted by the Urban Development (UD) ministry to an Empowered Group of Ministers( EGoM). The report involves issues related to several...
View ArticlePak aims to have strong relations with India: Nawaz Sharif
New Delhi: The Pakistan government has expressed its desire to maintain strong relations with India and resovle all issues concerning both the nations, even including ‘Kashmir issue’ through dialogue....
View ArticleIndia’s FY14 GDP to remain at 4.7%: Barclays
Mumbai: Owing to the prevalent economic concerns and uncertainties created by the 2014 election Barclays has slashed India’s GDP forecast for the FY14 period to 4.7%. The country’s economic growth had...
View ArticleUS placates double standard on trade liberalization
Mumbai: The American double standard on trade liberalization is a known fact with its discriminatory approach towards Chinese and Indian companies. However, when it comes to India or any other emerging...
View ArticleADB lends $500 mn for renewable energy project in India
New Delhi: Infrastructural development bank, Asian Development Bank has expressed that it will provide a $500 million loan to build a transmission system for solar and wind energy in western India. The...
View ArticlePower shortages currently cost India a GDP loss of $68 bn
New Delhi: The electricity shortage in India costs the National Gross Domestic Product a loss of $68 billion or about Rs 4,14,800 crore, states report. According to the Ficci report on Power...
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Lukewarm response for Agra-Lucknow Expressway project
Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav’s pet project Agra Lucknow Expressway has found no bidders. No infrastructure developer has come forward to bid for eight lane Greenfield...
View ArticleNationalization of coal needs to be repealed: Ahluwalia
New Delhi: Pitching for private sector participation in the sector, the Planning Commission Deputy Chairman Montek Singh Ahluwalia opined that the nationalization of coal reserves should be repealed....
View ArticleIndustrial output’s snail paced escalation of 2% not enough: India Inc
New Delhi: The rise in industrial output which was pegged at 2% in September is not enough to conclude over regaining economic recovery back on track, believes India Inc. The country’s industrial...
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Alstom T&D India to supply 400 kV substations to AP Transco
Andhra Pradesh: One of the leading player in India’s transmission and distribution network, Alstom T&D has bagged two substation contracts worth Rs1300 million (€18 million) from Transmission...
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RSB bags Deming Prize from JUSE, Japan
Pune: The Auto Division of RSB Transmissions (I) Ltd, the flagship company of RSB Group, was bestowed with the Deming Prize by JUSE (Union of Japanese Scientists & Engineers) at Tokyo yesterday....
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