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Two-wheelers bring cheer to auto sales in June Jul 9, 2009Two-wheelers bring cheer to auto sales in June
However, commercial vehicle sales fell and passenger vehicle sales grew only 8% Auto sales for the month of June grew by 14.26 per cent over the same month a year earlier, according to a report relea... >> more
Ruias plan to divest at least 20% in Jessop Jul 8, 2009Ruias plan to divest at least 20% in Jessop
The Kolkata-based Pawan Kumar Ruia group wishes to list Jessop and Co., one of its firms, on the Bombay Stock Exchange. For doing so, it will have to offload its shares in Jessop, an engineering and infras... >> more
Rs 2,000 cr for rural housing fund under NHB Jul 7, 2009Rs 2,000 cr for rural housing fund under NHB
Rural housing sector could get a big boost as the Budget has allocated Rs 2, 000 crore to the National Housing Bank’s Fund dedicated to the sector.

The allocation will help NHB dip into its Rural Ho... >> more
Higher MAT may derail infra projects Jul 7, 2009Higher MAT may derail infra projects
Despite higher allocations, core sector likely to see reduced profitability. While the UPA government’s stimulus packages announced in its earlier tenure gave a push to infrastructure, the Union budget for... >> more
Govt announces Rs 12,000-cr for rural roads Jul 7, 2009Govt announces Rs 12,000-cr for rural roads
The government on Monday announced budgetary support of Rs 12,000-cr for developing rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY), and earmarked Rs 1,067 cr for the North Eastern region. P... >> more
NHAI invites LoIs from consultants Jul 2, 2009NHAI invites LoIs from consultants
NHAI has invited proposals from experienced companies/JVs for the selection of Construction Supervision Consultant for its road project.

The authority plans to construct a 1.5 km in length northern ... >> more
Murugappa chalks out plans to build infra, realty biz Jul 2, 2009Murugappa chalks out plans to build infra, realty biz
The $3-billion diversified Murugappa group has chalked out big plans to tap the business opportunities in infrastructure and residential property segment. This will be done through the listed entity, Corom... >> more
Govt to invest Rs.13,397 cr on road projects in Kashmir, northeast Jul 1, 2009Govt to invest Rs.13,397 cr on road projects in Kashmir, northeast
The ministry of road transport and highways has earmarked Rs.13,397.2 crore for road projects in Jammu and Kashmir and northeastern states, it said Tuesday while releasing its 100-day agenda.

The mi... >> more
Many in race for new NHDP projects Jun 30, 2009Many in race for new NHDP projects

Among the bidders are Larsen & Toubro, HCC, Soma Isolet consortium and KMC.The National Highways Authority of India (NHAI) has got an average of over 15 bidd... >> more

Savvy Infra to invest Rs 400 crore in green buildings in two years Jun 30, 2009Savvy Infra to invest Rs 400 crore in green buildings in two years
Betting big on the profitability of ‘green buildings’, promoter of Kensville Golf Club, Savvy Infrastructure Ltd is investing around Rs 400 crore in developing both commercial and residential projects over... >> more
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