DLF to launch Rs 3,600cr CMBS issue in next two months
India’s largest realty firm DLF is likely to raise about Rs 3,600 crore this quarter through the issue of securities, backed by its IT-SEZ, as part of strategy to replace costlier debt. DLF also plans...
View ArticleGuidelines for Smart City project likely to be finalised soon
Gearing up to roll out its ‘100 smart cities’ scheme across the country, the government is likely to finalise the guidelines for the Rs 48,000 crore mega project next week. The NDA government’s...
View ArticleJLL India appoints new CEO for its residential services
Leading international property consultancy JLL India today announced the appointment of Ashwinder Raj Singh as the new head of its Residential Services business. As CEO – Residential Services,...
View ArticleJharkhand govt signs MoU with Coal min, railway
Railway, Coal Ministry and the Jharkhand government today signed memorandum of understanding for formation of a joint venture to construct railway lines in the command areas of Central Coalfields Ltd,...
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JLL India Launches Dedicated Infrastructure Vertical
Shubhranshu Pani, Managing Director – Infrastructure Services, JLL India Leading international property consultancy JLL India today announced the launch of its dedicated Infrastructure Services...
View ArticleMaharashtra govt to install live-monitoring system for infrastructure projects
To curb misuse of government grants and effectively supervise infrastructure projects, Maharashtra government will install a live monitoring system that will be controlled through the state...
View ArticleIndia Issues 2 GW Solar EPC Services Tender
The Solar Energy Corporation of India has finally issued the first of a very long list of tenders to increase the country’s solar power capacity. The New Delhi-based government body has issued a 2 GW...
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Merrill Lynch Capital ups stake in Welspun Projects to 7.55%
Welspun Projects today said Merrill Lynch Capital has raised its stake in the company to 7.55 per cent. Prior to acquisition, Merrill Lynch Capital Markets Espana’s stake in the company was 3.80 per...
View ArticleHindustan Zinc, Cairn sign Rs 20,500-cr MoU with Rajasthan
Hindustan Zinc and Cairn India on Tuesday signed MoUs with Rajasthan Government to invest Rs 20,500 crore over the next three years in the state. The memorandums of understanding were inked by...
View ArticlePermission Sought by BP to Sell Jet Fuel
The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that an application for authorisation to market Aviation Turbine...
View ArticleRailways implements 39 budget decisions in 36 days
In an unprecedented pace of implementing announcements made in the Railway Budget 2015 -16, Ministry of Railway has already implemented 39 announcements ranging from passenger amenities system...
View ArticleMoUs signed with Germany
Various Memorandum of Understandings (MoUs) have been signed by Indian industries with Germany recently during Hannover Messe 2015 as below. These MoUs are expected to increase FDI flows to India,...
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Radiation technologies projects get 1700 cr
An outlay of approximately Rs.1700 crore has been provided under XII Plan for projects under Radiation Technologies and their applications. The Department of Atomic Energy (DAE) has developed and...
View ArticleCement demand may grow by 7% during FY16: ICRA
Riding high on the improvement in infrastructure, investment cycle and overall economy, the demand for cement is likely to grow by nearly 6.5-7 percent during FY16, rating agency ICRA said. Cement...
View ArticleSeychelles gets Cabinet nod for MoU
The Cabinet on Wednesday approved an agreement between India and Seychelles on renewable energy cooperation, signed during Prime Minister Narendra Modi’s visit to the country in March. “The Union...
View ArticleJLL Named to CR Magazine’s 100 Best Corporate Citizens
Corporate Responsibility Magazine (CR Magazine) has named JLL (NYSE: JLL) to its list of 100 Best Corporate Citizens for 2015. This is the third time JLL has been included in the magazine’s ranking of...
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IOC commissions propylene recovery unit at Mathura Refinery
State-owned Indian Oil Corp (IOC) on Wednesday said it has commissioned a propylene recovery unit at its Mathura Refinery. Propylene – also known as propene – is one of the major building blocks of...
View ArticleGovt approves National Smart Grid Mission ( NSGM )
Government has approved the National Smart Grid Mission (NSGM) -an institutional mechanism for planning, monitoring and implementation of policies and programs related to Smart Grid activities. This...
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Every city to get one smart city: Venkaiah Naidu
Minister of Urban development, Venkaiah Naidu Minister of Urban Development Shri M.Venkaiah Naidu today assured the Rajya Sabha that every State in the country will get to develop at least one city as...
View ArticleIL&FS Engg bags Rs 327 cr rail contract
IL & FS Engineering and construction company has successfully bagged a Rs 326.99 crore rail contract. It was awarded by Bangalore Metro Rail Corporation. According to the contract, the scope of...
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