Projects

RBS deal loss: Infosys says won't cut 3,000 jobs, but will reallocate them in other projects

RBS announced last week that it will not pursue its plan to separate and list a new UK standalone bank, Williams & Glyn (W&G), for which Infosys was a key technology partner.

Technology to help construction projects to be completed on time

A team of researchers at a Canadian university has developed an advanced 4-D technique to avoid costly delays often associated with massive public infrastructure projects.

Cost overruns of unfinished rail projects are equivalent to annual salary of its 3 mn employees

Delays in completing rail projects resulted in cost overruns are equivalent to the yearly salary bill of its three million employees

Maharashtra's new IT policy fetches Rs 4,500 crore worth projects

Chief Minister Devendra Fadnavi said Blackstone will invest Rs 750 crore in EON Free Zone SEZ, Rs 1,200 crore in Hinjewadi Phase-3, Rs 1,500 crore in IT Park in Central Mumbai and Rs 1,050 crore in other IT parks in Mumbai.

Govt gives extra time to 14 SEZ developers to execute projects

The government has given more time to as many as 14 special economic zone (SEZ) developers, including Cognizant Technology Solutions and Parsvnath SEZ Ltd, to execute their projects.

DLF reduces debt by Rs 2,000 crore, plans new projects

The country's largest realty player DLF has reduced its net debt by Rs 2,000 crore during the ongoing quarter to Rs 21,220 crore on the back of sale of its prime land in Mumbai to Lodha Developers.

Govt clears 9 road projects worth Rs 11,597 crore

The government today said it has cleared nine road projects costing about Rs 11,597 crore from four states including Maharashtra and Bihar.

L&T bags order from ONGC for Rs 749 crore

Larsen & Toubro said it has secured an offshore contract valued at Rs 749 crore from the Oil & Natural Gas Corporation (ONGC) for total 'EPCI'-Engineering Procurement Construction & Installation of four wellhead platforms.

Decision making delays cost developers, banks Rs 400 crore a day, says Gadkari

The infrastructure and banking industry suffers losses worth around Rs 400 crore per day due to delayed decision-making at various levels

Delhi metro, elevated road to come to UP soon says Akhilesh Yadav

Uttar Pradesh Chief Minister Akhilesh Yadav will visit Ghaziabad on December 10 to launch two ambitious projects