Explore overseas opportunities: Puri to NBCC

Image
Press Trust of India New Delhi
Last Updated : Sep 08 2017 | 4:02 PM IST
Union minister Hardeep Singh Puri today asked the government-owned construction major the NBCC to explore overseas opportunities and consider getting listed on foreign bourses, a senior official said today.
The Housing and Urban Affairs Minister also advised the NBCC to participate in commercial bidding for taking up projects of Indian missions in various countries, he added.
The minister asked the NBCC to "think bigger" and increase its "international profile" as the construction sector had been opened to the foreign direct investment (FDI), the official said.
Reviewing NBCC's functioning, Puri also complimented the company for its rapid growth over the last three years with a total work order of about Rs 70,000 crore.
The NBCC (India) Ltd, formerly known as National Buildings Construction Corporation Ltd, is a government company under the Housing and Urban Affairs Ministry.
It is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 08 2017 | 4:02 PM IST

Next Story