Page 35 - Infrastructure
Ease of moving
Lower logistics costs will boost output
 "Ease of moving")
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
 "EV owners fed up with the sorry state of public charging stations in US")
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
 "India at 75: How strong infrastructure holds the key to unlock bight future")
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
 "Adani Group to invest $70 bn in green energy, infra: Gautam Adani")
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
 "Britain not built to withstand 40 deg C; infrastructure most likely to fail")
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.
 "Rajasthan CM Gehlot approves Rs 16.5 crore to build 11 stadia in the state")
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
 "Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali 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
 "IL&FS approves Siva Shelters's proposal to restructure loan to subsidiary")
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
 "Odisha presents Rs 2-trn budget for FY23 with focus on infra, education")
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
 "Indian economy gains momentum on pent-up demand after reopenings")
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
 "Pine Labs acquiring fintech infrastructure start-up Setu for $70-75 mn")
 "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
 "Metals' loss is infrastructure and capital goods companies' gain")
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
 "Gadkari proposes creation of Innovation Bank to focus on quality in infra")
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.
 "Indian Highway Concessions looks to raise Rs 910 cr via private placement")
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
 "Quad nations to deepen cooperation on infrastructure: Joint statement")
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
 "Centre bats for sharing research infrastructure, incentivising funding")
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
 "Israel launches 5-year national plan worth $127 mn to boost bio-convergence")
Union minister G Kishan Reddy stresses need for boosting NE infrastructure
Union minister G Kishan Reddy on Wednesday said there was a need to focus on key areas such as agriculture, employment generation, skill development, and infrastructure
 "Union minister G Kishan Reddy stresses need for boosting NE infrastructure")
People must be at heart of any infrastructure growth story: PM Modi
The prime minister mentioned India's efforts to scale up basic facilities like education, health, drinking water, sanitation, electricity and transport while also tackling climate change
 "People must be at heart of any infrastructure growth story: PM Modi")