Rites

Govt plans to divest up to 15% in RITES via OFS, eyes to raise about Rs 700 cr; DIPAM to assist in sale process

At the current market price, sale of 15 percent stake in RITES would fetch around Rs 700 crore to the government.

RITES Recruitment 2019: Candidates can apply with GATE score of 2018, 2019 at rites.com

The minimum criteria for candidates to apply for RITES is to have at least a graduate degree in the relevant field, that B.E/BTech or BSc, and should have cleared GATE 2018 or 2019 exam.

Govt to divest 10% in Ircon International to raise Rs 467 cr; IPO to open on 17 September

Ircon International has fixed the price band between Rs 470 to Rs 475 per equity share for its proposed initial public offer (IPO).

Uttar Pradesh govt puts Akhilesh Yadav's Lucknow-Agra Expressway project under scanner

Barely four months after it was thrown open to the public, former Uttar Pradesh chief minister Akhilesh Yadav's ambitious Lucknow-Agra Expressway project has come under the scanner of the Yogi Adityanath government.

RITES to help Air India to develop business plan for Nagpur MRO

The MRO facility has come up at an investment of $100 million under an agreement between Air India and Boeing Co in 2005.

AAI to infuse Rs 1,400 crore capex for modernising Chennai, Kolkata airports

AAI has already pumped in over Rs 2,000 crore into Chennai airport

Exploring alternate route for Sethusamudram: Shipping Ministry

Work on Mumbai's Colaba-Seepz metro line to begin soon: Venkaiah

Ahead of the upcoming Maharashtra Assembly polls, the Centre has pushed another big ticket infra project for the state with Union Minister Venkaiah Naidu saying that the groundbreaking ceremony of the city's Colaba-Seepz Metro project will be held soon.

Centre plans stake sale in rail infrastructure firms

The government has already pitched for reforms in Railways by proposing Foreign Direct Investment and Public Private Partnership (PPP) to meet the resource crunch.