Infrastructure

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Infrastructure - Total results - 699
China's May factory activity grew at slower pace, but momentum in services, construction sectors quicken
Business

China's May factory activity grew at slower pace, but momentum in services, construction sectors quicken

While most businesses in China have reopened, many manufacturers are struggling with reduced or cancelled overseas orders as lockdowns push the global economy into recession

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%
Business

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data

People more worried about economic crisis than health issues from coronavirus, finds study
Business

People more worried about economic crisis than health issues from coronavirus, finds study

The study - conducted by Centre for Marketing in Emerging Economies (CMEE) at IIM Lucknow - revealed that majority (79 percent) of people are worried and surrounded by a feeling of fear (40 percent) and sadness (22 percent).

Coronavirus Lockdown: FinMin extends deadline to fulfill contractual obligations of all govt projects by up to 6 months
Business

Coronavirus Lockdown: FinMin extends deadline to fulfill contractual obligations of all govt projects by up to 6 months

The Finance Ministry has extended the deadline for fulfillment of contractual obligations of all government projects, including public-private partnerships (PPP), which were due for completion on or after 20 February, by up to six months in view of COVID-19 crisis

In easing agri markets and movement of produce, Nirmala Sitharaman has reiterated earlier promises; here are seven more urgently needed reforms
Business

In easing agri markets and movement of produce, Nirmala Sitharaman has reiterated earlier promises; here are seven more urgently needed reforms

In terms of outlay, the agricultural reform announced by Finance Minister Nirmala Sitharman on 14 May is not as ambitious as other schemes.

Nirmala Sitharaman on Economic Package: FM announces setting up of Rs 1 lakh cr agri fund for farm-gate infrastructure
Business

Nirmala Sitharaman on Economic Package: FM announces setting up of Rs 1 lakh cr agri fund for farm-gate infrastructure

Finance Minister Nirmala Sitharaman on Friday announced setting up of a Rs 1 lakh crore agri infrastructure fund for farm-gate infrastructure

Stimulus package to revive economic activities, boost Make in India, says steelmakers
Business

Stimulus package to revive economic activities, boost Make in India, says steelmakers

Indian steelmakers on Wednesday said the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi would give a quantum jump to economic activities in the country and boost the ambitious Make in India programme

FICCI suggests resuming operations of downstream industries to minimise COVID-19 impact on cement sector
Business

FICCI suggests resuming operations of downstream industries to minimise COVID-19 impact on cement sector

Industry body FICCI on Tuesday suggested the government to resume operations of downstream industries like real estate and construction of roads and highways to minimise the impact of COVID-19 pandemic on the cement sector

Govt task force calls for boosting private investment in highways; pegs road sector capex at Rs 20.33 lakh cr by 2025
Business

Govt task force calls for boosting private investment in highways; pegs road sector capex at Rs 20.33 lakh cr by 2025

The task force on NIP has stressed the need for more private investment in highways and projected the total capital expenditure in road sector at Rs 20.33 lakh crore in fiscals 2020-2025

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20
Business

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20

The output of eight core infrastructure industries shrank by 6.5 percent in March due to fall in production of crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity amid the coronavirus lockdown

Govt task force projects Rs 111 lakh cr infrastructure investment over five years to FY2025: Finance ministry
Business

Govt task force projects Rs 111 lakh cr infrastructure investment over five years to FY2025: Finance ministry

To augment infrastructure and create jobs in the country, a government task force has projected total investment of Rs 111 lakh crore in infra projects over five years, the Finance Ministry said on Wednesday

Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months
Business

Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months

Telecom infrastructure firm Bharti Infratel on Thursday reported a 7 percent increase in consolidated net profit for the March quarter at Rs 650 crore

Reliance Infrastructure resumes toll operations at 10 road projects; puts in place safety measures for staff
Business

Reliance Infrastructure resumes toll operations at 10 road projects; puts in place safety measures for staff

As part of the government's initiative to restart operations in a phased manner, Reliance Infrastructure has resumed toll operations at its road projects from midnight of 20 April.

Fund raising activity goes 'cold' in India; PE, VC investments may dip up to 60% in 2020 due to COVID-19: EY
Business

Fund raising activity goes 'cold' in India; PE, VC investments may dip up to 60% in 2020 due to COVID-19: EY

In the past few years, fund raising activity has been touching record highs, and grew 28 percent to $48 billion in 2019.

L&T bags 'significant' orders worth up to Rs 2,500 cr from domestic clients
Business

L&T bags 'significant' orders worth up to Rs 2,500 cr from domestic clients

Infrastructure company Larsen & Tourbro on Friday said its buildings and factories business has bagged significant orders worth up to Rs 2,500 crore from domestic clients

Larsen & Toubro shares jump over 5% on orders to build regional rapid transit system in UP
Business

Larsen & Toubro shares jump over 5% on orders to build regional rapid transit system in UP

Shares of Larsen & Toubro (L&T) on Wednesday jumped over 5 percent after the company said that it has bagged significant orders for its heavy civil infrastructure business in Uttar Pradesh

Need to convert COVID-19 into opportunity; restart highways construction on war footing: Nitin Gadkari
Business

Need to convert COVID-19 into opportunity; restart highways construction on war footing: Nitin Gadkari

In a video-conference, Gadkari, the road transport, highways and MSME minister said talks are on with state governments for facilitating the safe return of migrant labourers, an estimated 20 lakh of whom are in shelters pan-India.

ADB to invest $100 million in Indian infrastructure sector via government-promoted NIIF
Business

ADB to invest $100 million in Indian infrastructure sector via government-promoted NIIF

Multilateral institution Asian Development Bank (ADB) on Monday announced a $100 million funding for the Indian infrastructure sector through the government-promoted NIIF

Coronavirus: Hit on domestic cement demand likely to be transient, says Kotak Institutional Equities
Business

Coronavirus: Hit on domestic cement demand likely to be transient, says Kotak Institutional Equities

Even though the ongoing temporary shutdown in the wake of Covid-19 has impacted construction activities across the country resulting in a decline in cement uptake, the hit on domestic demand is transient, says Kotak Institutional Equities

KEC International bags Rs 1,047 cr new orders across various business verticals
Business

KEC International bags Rs 1,047 cr new orders across various business verticals

Infrastructure firm KEC International on Wednesday said it has secured new orders worth Rs 1,047 crore across various business verticals