Page 13 - Infrastructure

Biden kicks off effort to reshape US economy with infrastructure package

He also aims to put corporate America on the hook for the tab, which is expected to grow to a combined $4 trillion once he rolls out the second part of his economic plan in April

HCC Group to get Rs 1,259 crore as conciliation from NHAI dispute

The dispute pertained to Baharampore-Farakka Highways (BFHL) and Farakka-Raiganj Highways

Biden to unveil $2 trn investment plan to transform US' infrastructure

The American Jobs Plan, to be announced by Biden in Pittsburgh, Pennsylvania, will create millions of good-paying jobs and rebuild the US infrastructure

449 infrastructure projects show cost overruns worth Rs 4.29 trillion

As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report

Cabinet clears Bill on setting up DFI with capital infusion of Rs 20,000 cr

Initially the new institution would be government-owned, with its stake being cut gradually to 26%, says Finance Minister Nirmala Sitharaman

Asset monetisation target for states may be set at Rs 3 trillion

Central ministries given a target to monetise assets worth Rs 2.5 trn over 3 years

Analysts bullish on cement stocks on sustained demand, price hikes

Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.

Govt must focus on infrastructure project planning: Louis Berger Asia

Louis Berger is a global infrastructure advisory firm

448 infra projects report cost overrun of Rs 4.02 trn; 539 behind schedule

The report however, noted that the number of delayed projects decreased to 401, if delay is calculated on the basis of latest schedule of completion

BS READS: Some mistakes India must avoid this time to make DFIs a success

Now that DFIs are making a comeback, three key issues will be crucial for their success -the availability of long-term funds at a reasonable cost, private-sector ownership, and professional management

PM to address webinar concerning implementation of budget in infra today

The panellists will share their ideas on improving pace and quality of infrastructure development, with focus on advanced technology, and attracting more investments in the sector

GMR Infrastructure records third quarter loss of Rs 1,120 crore

The firm was hit hard by pandemic-induced lockdowns

Budget new rules on holding firms queer pitch for sovereign, pension funds

A proposed regime requiring investments through holding companies may have tax implications, say experts

Infrastructure push: Higher expenditure yet to reflect in top line

Combined net sales of infra, capital goods firms down 2.3% in Dec quarter

Modi govt targets land disputes that cripple India's infrastructure

The spat over a location to house train carriages has indefinitely delayed the construction of a metro that could decongest the city and bring $4.2 billion worth of investments

Budget 2021: South Central Railway gets Rs 7,222 cr for infra works

The South Central Railway (SCR) has been sanctioned Rs 7,222 crore in 2021-22 budget as against Rs 7,024 crore allocated for previous financial year, towards important infrastructure works

Budget focuses on boosting demand and supply to aid long-term growth

The Budget aims to boost demand and supply through increased spending in sectors such as health, education, infrastructure and power

Budget 2021 creates investment opportunities, from infra to healthcare

The Union Budget 2021 increased India's healthcare spending by 137 per cent and lifted caps on foreigners investing in the insurance sector. Devangshu Datta explains investments after the Budget 2021.

Continuum green bond issue shows global players vying for India infra pie

Continuum Wind Energy's six-year bond of $560 mn got over $3 bn pre-order bids on opening in US. Initial price guidance was 4.875%, issue rate could be as low as 4.5%

Budget proposes astute reforms, simultaneous action for supply and demand

Kudos to the Finance Minister for opening up all the taps to invest in infrastructure, writes Shailesh Haribhakti.