Page 30 - Infrastructure

Exchanges start walking the line on Sebi's call for data democratisation

Calling data a public infrastructure, Sebi chairperson recently spoke in favour of enforcing free accessibility

India would be $25-trn economy in 25 years: NaBFID Chairman K V Kamath

India is expected to be a USD 25-trillion economy in 25 years, veteran banker and chairman of National Bank for Financing Infrastructure and Development K V Kamath said on Tuesday. NaBFID was set up by the government last year to support the development of long-term infrastructure financing in the country. Kamath also said all the necessary policies and framework related to NaBFID have been done. We are on schedule (that) the government has in mind," he said adding as many as 12 board meetings of the bank have already taken place. "The India that I look forward to, 25 years from now, (will be) a USD 25-trillion (economy)," Kamath said at the Morningstar Investment Conference here on Tuesday. He said the Indian economy is growing at a compound annual growth rate of 8-10 per cent. "The policies, processes and the framework are done. The CEO is in place...We have to start lending now, Kamath said.

Ease of moving

Lower logistics costs will boost output

EV owners fed up with the sorry state of public charging stations in US

According to a report, one out of every five respondents ended up not charging their vehicle during their visit to a public charging station

India at 75: How strong infrastructure holds the key to unlock bight future

Ambitious plans like the bullet train, 5G telecom network, and several more will be instrumental in shaping a better future, covering a major portion of the population

Adani Group to invest $70 bn in green energy, infra: Gautam Adani

Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders

Britain not built to withstand 40 deg C; infrastructure most likely to fail

Climate change is intensifying heatwaves in the UK, an affluent country with the capacity and resources to adapt to warmer temperatures

Rajasthan CM Gehlot approves Rs 16.5 crore to build 11 stadia in the state

Rajasthan Chief Minister Ashok Gehlot has approved a proposal to build 11 new sports stadiums in the state at a cost of of Rs 16.50 crore.

Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali refinery

Last year IOC had signed an MoU with Gujarat for adding petrochemical and lube plants to its previously announced plans to expand crude oil processing capacity at the refinery

IL&FS approves Siva Shelters's proposal to restructure loan to subsidiary

Siva Shelters offers to pay 20% of settlement amount immediately on signing of agreement

Odisha presents Rs 2-trn budget for FY23 with focus on infra, education

The Odisha government on Saturday presented a Rs 2-trn budget for the 2022-23 financial year in the state assembly with a focus on strengthening infrastructure, developing education and health sectors

Indian economy gains momentum on pent-up demand after reopenings

The upturn in recovery of Indian economy was fueled by an expansion in services activity and a robust growth in core infrastructure industries

Pine Labs acquiring fintech infrastructure start-up Setu for $70-75 mn

Pine Labs, backed by investors such as Sequoia Capital, PayPal, and Mastercard, competes with fintech companies such as BharatPe, Mswipe, Paytm, and Razorpay

Shaping the Future of Infrastructure Arena by delivering State-of-the-art Solutions

.

Metals' loss is infrastructure and capital goods companies' gain

Interest rate hikes, however, remain a pet peeve

Gadkari proposes creation of Innovation Bank to focus on quality in infra

Minister for Road Transport and Highways Nitin Gadkari has proposed setting up of Innovation Bank for new ideas, research findings and technologies to focus on 'Quality' in infrastructure development

Indian Highway Concessions looks to raise Rs 910 cr via private placement

InvITs comprises a portfolio of infrastructure assets such as highways and power transmission assets.

Quad nations to deepen cooperation on infrastructure: Joint statement

Four-nation grouping Quad on Tuesday agreed to deepen cooperation on infrastructure, critical to driving productivity and prosperity in the Indo-Pacific region

Centre bats for sharing research infrastructure, incentivising funding

Researchers from smaller cities will soon be able to access expensive research infrastructure at state-funded institutions as the Centre has released guidelines for sharing

Israel launches 5-year national plan worth $127 mn to boost bio-convergence

The program will focus on building infrastructure and developing capabilities in areas where Israel has strengths, the Innovation Ministry said