Page 17 - India's Infrastructure

How a giant collapsed

The story starts 30 years ago, when former Citibanker, Ravi Parthasarathy , IL&FS' chief, set up the company to beef up India's infrastructure-building capabilities.

Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman

FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.

Budget 2021 can be a turning point in India's socialist orientation

The government focuses on developing infrastructure, dares to gamble on deficit.

Road & highway construction firms rally up to 13% on infra push in Budget

The Finance Minister announced an allocation of Rs 1.18 trillion for the Ministry of Road Transport and Highways

Focus on extending Covid help, invest in infra: IMF's Gita Gopinath

Says agri laws have potential to increase farmers' income

NIIF equity investments average less than Rs 1,000 cr in past 5 years

NIIF has invested of Rs 4,689 cr since December 2015 inception, while the co-investment by its partners stood at about Rs 7,053 crore at the end of September 2020

Budget 2021-22 wishlist: Here are the key challenges in retail sector

Inadequate physical, digital infrastructure affecting efficiencies in supply chain management

System strengthening: Northeast states lead in power supply infra push

Under system strengthening, which entails construction of last mile power supply infrastructure, the physical progress is 86 per cent in the region

Covid vaccination drive: India well prepared to store, distribute vaccines

India has about 29,000 cold chain points, 1.6 million shipper boxes, 76,000 cold chain equipment, 700 reefer vans and 55,000 cold chain handlers

FM reviews progress of projects under national infrastructure pipeline

Finance Minister Nirmala Sitharaman reviewed the progress of projects worth Rs 3.6 trn under the national infrastructure pipeline

NCC bags 15 new orders worth Rs 8,980 crore from govt agencies in December

Infrastructure firm NCC on Friday said it has received 15 new orders worth Rs 8,980 crore in December from government agencies

Best of BS Opinion: Street signs for 2021, infra projects, and more

Here are the top Opinion pieces of the day

442 infrastructure projects show cost overruns of Rs 4.34 trillion

As many as 442 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.34 trillion

US financial body to invest $54 mn in India to support infra projects

An American financial corporation has announced to invest USD 54 million in India to support the development of critical infrastructure projects in the country in the wake of the COVID-19 pandemic

National security, religion present new challenges to India's environment

Security and religion may become additional vetoes on climate change action

Godrej Properties buys 18-acre land in Bengaluru to build housing project

Realty firm Godrej Properties has bought an 18-acre land parcel in Bengaluru to develop a housing project, as part of its expansion plan

Govt to infuse Rs 2K cr in NIIF debt fund: Time to invest in infra stocks?

On a weekly chart, L&T faces resistance at Rs 1,165 levels, which is its 200-weekly moving average (WMA)

L&T continues to suffer from slowdown in India's infrastructure sector

At consolidated level, L&T reported net profit of Rs 1,410 crore, down 45 per cent YoY, excluding gains from asset sale, while net sales were down 12 per cent YoY

Massive lags, cost overruns and a tale of India's plagued infra projects

Covid-19 has affected the addition of new projects, but that may act as a breather in making good the massive shortfall in implementation

Cash strapped and under-capitalised, SP group faces biggest test ever

A shift from a low-risk project execution model to big bets on infrastructure and real estate projects has plunged the group into crisis