Page 6 - Infrastructure

Indian economy gains momentum on pent-up demand after reopenings

The upturn in recovery of Indian economy was fueled by an expansion in services activity and a robust growth in core infrastructure industries

Pine Labs acquiring fintech infrastructure start-up Setu for $70-75 mn

Pine Labs, backed by investors such as Sequoia Capital, PayPal, and Mastercard, competes with fintech companies such as BharatPe, Mswipe, Paytm, and Razorpay

Shaping the Future of Infrastructure Arena by delivering State-of-the-art Solutions

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Metals' loss is infrastructure and capital goods companies' gain

Interest rate hikes, however, remain a pet peeve

Gadkari proposes creation of Innovation Bank to focus on quality in infra

Minister for Road Transport and Highways Nitin Gadkari has proposed setting up of Innovation Bank for new ideas, research findings and technologies to focus on 'Quality' in infrastructure development

Indian Highway Concessions looks to raise Rs 910 cr via private placement

InvITs comprises a portfolio of infrastructure assets such as highways and power transmission assets.

Quad nations to deepen cooperation on infrastructure: Joint statement

Four-nation grouping Quad on Tuesday agreed to deepen cooperation on infrastructure, critical to driving productivity and prosperity in the Indo-Pacific region

Centre bats for sharing research infrastructure, incentivising funding

Researchers from smaller cities will soon be able to access expensive research infrastructure at state-funded institutions as the Centre has released guidelines for sharing

Israel launches 5-year national plan worth $127 mn to boost bio-convergence

The program will focus on building infrastructure and developing capabilities in areas where Israel has strengths, the Innovation Ministry said

Union minister G Kishan Reddy stresses need for boosting NE infrastructure

Union minister G Kishan Reddy on Wednesday said there was a need to focus on key areas such as agriculture, employment generation, skill development, and infrastructure

People must be at heart of any infrastructure growth story: PM Modi

The prime minister mentioned India's efforts to scale up basic facilities like education, health, drinking water, sanitation, electricity and transport while also tackling climate change

L&T Finance to divest real estate, infrastructure books to reduce leverage

The real estate book of L&T Finance is worth Rs 11,210 crore and infrastructure finance is worth 30,521 crore as on March this year

Plugging the infra gaps

The Gati Shakti Mission carries promise, but can it deliver?

Debt-trap diplomacy: Should China be blamed for Pakistan, Sri Lanka crises?

China exacerbated but didn't mostly cause the problem whose roots lay in borrowing countries' broken politics and economic mismanagement. The loans may only have solved some problems, writes T N Ninan

Mumbai: Kamathipura 2.0 - from shanty locality to prized real estate

Kamathipura was originally built 150 years ago following construction of a causeway to connect the seven islands of Mumbai

Measures to rejuvenate public-private partnerships

Public-private partnership, or PPP, is back in the reckoning with numerous new projects from ropeways to logistics parks being offered under this format

IIFCL expects to disburse Rs 50,000 crore in the next financial year

Outstanding advances stood at Rs 37,688 crore at the end of September 2021. They rose from Rs 33,637 crore in March 2020 and Rs 36,647 crore in March 2021, according to ICRA.

81 high-impact infrastructure projects make it to Gati Shakti list

Road projects top the pecking order, states to upload data by March-end

India's core sector growth moderates to 3.7% in January: Govt data

Crude oil production contracted 2.4 per cent in January, the pace which is the highest in six months

Gati-Shakti to improve infra efficiency, reduce logistics costs: PM Modi

"Even today, logistics cost is considered to be 13-14 per cent of India's gross domestic product, which is higher than other countries," Modi said.