Infrastructure Industry News, India Infrastructure News

JSL reports net profit of Rs 62.75 cr

Stainless steel manufacturer JSL Ltd reported a net profit of Rs 62.75 crore for the second quarter ended Sept 30, 2009.

India needs 5 lakh project managers in future: PMI

India needs at least five lakh qualified project managers in future to finish 591 projects being carried out in the country, a research by Project Management Institute (PMI) said.

Posco project may kick start by Jan

Posco's Rs 54,000-crore project in Orissa may get off the ground by January.

Centre envisages $80 bn investment on roads

The Centre is envisaging an investment of $80 bn in the construction of roads and highways.

HDIL Q2 Net dips 44 pct to Rs 148.59 cr

HDIL reported a 44 pct decline in net profit at Rs 148.59 crore during the Q2.

Infra growth slips in Sept after good Aug showing

The growth in core infrastructure sector dropped to 4 per cent in September, from the high of 7.1% in August.

Delays hit ArcelorMittal Rs 1 lakh cr project in India

ArcelorMittal said that options are open before it on shifting its Rs 1 lakh-cr steel projects from proposed sites.

GMR Infra Q2 net dips 40%

GMR infrastructure reported a 40 per cent decline in its consolidated net profit.

Draft proposal for EAI in two weeks: Nath

Road Transport Ministry is expediting the setting up of Expressways Authority of India.

IDFC Q2 net up 25.64 pct to Rs 291.84 cr

IDFC said its net profit rose by 25.64 pct to Rs 291.84 cr for second quarter ended Sept 30.

Private cos to invest USD 150bn for infra projects: Plan panel

The Government has set a target to spend about USD 518 billion to build highways, roads, ports and sanitation facilities by 2012.

SAIL pays final dividend of Rs 460 cr to govt

The Steel Authority of India Ltd paid Rs 460.81 crore to the government as final dividend for the last financial year.

Rel Infra wins Rs 590 cr road project from NHAI

The highway stretch is expected to be operational by March 2011.

Orissa to hold RPDAC meet on POSCO project in Nov

Realising that POSCO project cannot be implemented without support of the affected people, both the Center and Orissa Government today decided to hold the Rehabilitation Periphery Development Advisory meeting to win over the agitating people.

Next decade will be of infrastructure: Kamal Nath

Union Minister for Road Transport and Highways Kamal Nath said the next spurt in economic growth is going to come from the infrastructure sector.

HC cancels Himachal hydel projects on Rel Infra plea

The judgement came as a jolt to the Netherlands-based Brakel, which had deposited about Rs 290 crore to the state government for the two projects.

Era Infra bags orders worth Rs 1.47 bn

Era Infra Engineering said on Wednesday it has secured two contracts worth Rs 1.47 bn.

Supreme Court notice to L&T on NHAI plea

The Supreme Court has issued a notice to construction firm Larsen & Toubro on the basis of a special leave petition filed by the National Highways Authority of India.

Delhi to recover entire cost of Metro phase-1 by 2011

The rise in ridership of Delhi Metro is resulting in several environmental and social benefits.

Actis raises $750 mn for emerging markets

Global private equity firm Actis said it has raised USD 750 million for investment in infrastructure across emerging markets, including India.

Siemens bags Rs 360-cr power projects

Infrastructure solutions provider Siemens has bagged orders worth Rs 360 cr from PGCIL.

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