Page 3 - Infrastructure

NaBFID - A "New Age" DFI

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Budget could push for private investments in public infrastructure

Budget could also announce favourable terms for companies accessing bond markets

MEIL completes 5-km tunnelling work as part of Zojila project

Infrastructure major Megha Engineering & Infrastructures Limited (MEIL) on Sunday said it has completed 5-km-long tunnelling work as part of the 18-km-long all-weather Zojila Tunnel in a record time of 14 months. The company in a statement said the project of the National Highways and Infrastructure Development Corporation Ltd (NHIDCL), being executed by the MEIL, is envisaged to ensure connectivity between Srinagar and Ladakh throughout the year without any interruptions. The Zojilla Tunnel -- Nilgrar 1, 2 & Zojila main tunnel - is being expeditiously executed, despite unfavourable weather conditions like snowfall, and blizzard at a high altitude of 3,528 metres above mean sea level, MEIL said. The statement noted that Zojila project, Asia's longest bi-directional tunnel, is a challenging development project in India for strategic reasons too. It added that the current winter witnessed the highest-ever snowfall in the history of Jammu and Kashmir with temperatures dropping ..

Infra expectations from Budget

The Union Budget could send a strong signal that surety bonds will be made fully operational in 2022-23

Best of BS Opinion: The infrastructure push, protect Aravalli range & more

Here is the best of Business Standard's opinion pieces for Thursday

Analysts bullish on road, highway developers on infra push, cheap valuation

Analysts remain positive on the road/construction sector given healthy order books providing good revenue visibility, controlled working capital, value unlocking

Panel for Gati Shakti asks DPIIT to identify high-impact infra projects

The dept has also been asked to carry out a comprehensive infrastructure gap analysis

Diamonds in the dust: As we enter a new year, let's recall some positives

While some would just be happy that 2021 is coming to an end, T N Ninan lists six things - from sports to stock markets and entrepreneurial talent - that India could look to in the new year

NHAI arm may award 15 logistics park deals over the next three years

The SPV, formed under the guidance of the road ministry, aims to address typical cost overruns with infrastructure projects

Tata Realty and Infrastructure looks to launch REIT after 2-3 years

Tata Realty and Infrastructure Ltd will scale up its commercial real estate portfolio to at least 12 million square feet over the next 2-3 years before considering launching real estate investment trust (REIT) public issue to monetise its rent-yielding office assets. In an interview with PTI, the company's Managing Director (MD) and Chief Executive Officer (CEO) Sanjay Dutt said the company has 7 million square feet of rental commercial portfolio, almost all are office assets, and it is making huge investments on expansion. On Saturday, Tata Realty announced an investment of Rs 5,000 crore over the next 7-8 years to develop a 7 million square feet IT park project in Navi Mumbai in partnership with UK-based investment firm Actis. Asked whether the company would at some stage look at floating REIT public issue, Dutt said: "We will. We already have 7 million square feet. So, technically we can do it (REIT) today." "But we are thinking that over the next 2-3 years once we scale up our

On the cusp of an orbital jump

Estimates indicate that by 2025 about 130 zettabytes of data in the world will be unstructured.

Rapid Holdings 2 offloads India Infra Trust's shares worth Rs 173 crore

On the BSE, it sold 1.72 crore units at an average price of Rs 101

Odisha approves Rs 5,192 crore worth industrial infrastructure projects

The four new industrial infrastructure development projects were approved at the inter-departmental coordination committee meeting

Economic viability of infra projects high in India, says Gadkari

He was speaking at a national conference on investment opportunities in highways, transport and logistics

FY23 Budget: Persist with thrust on infra, India Inc tells FM Sitharaman

FM to meet economists on December 22 for pre-Budget consultations

Unique charter: Will NaBFID remain a 100% government-owned entity?

Its responsibilities and privileges will make it difficult for the government to reduce its 100% shareholding

European Union set to unveil massive worldwide infrastructure plan

The program is expected to mobilize up to 300 billion euros (USD 341 billion) in public and private funds by 2027

Yes, there are two Indias, and they are not getting any closer together

The fifth National Family Health Survey's findings make it clear that there are indeed two Indias - one represented by Tamil Nadu and another by Bihar, writes T N Ninan

PM Modi to lay foundation of defence industrial corridor project in Jhansi

The Prime Minister will kick start the beginning of the significant project on the concluding three-day 'Rashtra Raksha Samarpan Parv' event

India needs to double capex in medium term to fund infra: DEA Secy

India needs to double the capital expenditure in the medium term from about 5-6% of the GDP currently to fund infrastructure, DEA Secretary Ajay Seth said