Page 7 - Infrastructure

GOP senators ready $1 tn infrastructure counteroffer to Joe Biden

Senate Republicans revived negotiations over President Joe Biden's sweeping investment plan, preparing a $1 trillion infrastructure proposal that would be funded with Covid-19 relief money

White House proposes lower $1.7 trillion infrastructure in GOP talks

The White House put forward a $1.7 trillion infrastructure counteroffer Friday to Senate Republicans, dropping from President Joe Biden's sweeping $2.3 trillion proposal to find common ground

Negotiations between White House, GOP over infra plan hit crucial stage

At the White House, Press Secretary Jen Psaki said "productive conversations" are underway on Capitol Hill

Analysts bullish on L&T post good operational show, strong balance sheet

27 of 28 analysts polled by Bloomberg have an add, outperform recommendation

CPP Investments pays Rs 1,005 cr for addl 15.9% stake in IndInfravit Trust

Units were bought in two separate deals--7% from Sadbhav Infra and 8.9% L&T IDPL in a deal that will happen later

Algo Rhythm: Data Centres are the new global infrastructure

The Data Centre information technology (IT) power capacity in India is expected to reach about 800 Mw during 2021-2024

White House's secret weapon on US infrastructure: Small businesses

White House officials have held a spate of private briefings with small business leaders to explain Biden's more than $2 trillion-dollar plan

Indian Railways throws weight behind port connectivity projects

India has a coastline spanning 7,516.6 km - forming one of the biggest peninsulas in the world

Q4 earnings: Capital goods industry to benefit from govt's infra push

Exports of short-cycle products are expected to improve, aiding revenue mix

Monetisation drive: Holdco for infra assets divides policymakers

A similar proposal is being considered for other infrastructure assets with other government departments

New projects inched higher in March compared to December quarter

Completed projects are down 69.4 per cent year-on-year to Rs 0.53 trillion

Last day to submit EoI for semiconductor fabrication units pushed back

Firms need more time to prepare their DPRs: Govt

Biden says $2 trillion jobs plan rivals the space race in its ambition

Biden called for a sweeping use of government power to reshape the world's largest economy and counter China's rise in a $2 trillion-plus proposal that was met with swift Republican resistance

Explained: What's in Joe Biden's $2.3 trillion infrastructure plan?

The infrastructure plan US President Joe Biden will roll out in Pittsburgh on Wednesday includes $2.3 trillion in investments

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