EPC World News

L&T on verge of bagging bauxite deposits in Odisha

Diversified conglomerate Larsen & Toubro (L&T) is on its way to secure the Kutrumali and Sijimali bauxite deposits in Odisha, with combined reserves of over 300 million tonne. L&T holds the prospecting

24 May 2016

Mining

Tata Motors in talks to set up car unit in Iran

India’s Tata Motors is in talks with a local manufacturer here to set up a joint venture for assembling its petrol cars in Iran as it looks to tap the fast growing

23 May 2016

Transport

Domestic passenger traffic to cross 100m by year-end: DGCA

Sounding bullish, DGCA expects more than 100 million domestic passengers to fly by the year end, especially as India has outstripped passenger traffic growth in this sector across major global economies including

23 May 2016

Transport·Urban Dev.

Politically difficult to fast-track structural reforms, says Rajan

it is ‘politically difficult’ to speed up structural reforms in India, RBI Governor Raghuram Rajan said, even as he stressed on the need for cleansing the banks and checking inflation to ensure

23 May 2016

Infra

Scrapping policy to boost auto industry turnover to `20 trillion

Ready with a new scrapping policy that will provide incentives for surrendering old polluting vehicles, Union Minister Nitin Gadkari on Sunday said it will boost the automobile industry turnover over four-times to

23 May 2016

Ports·Transport

Five merchant bankers shortlisted for NMDC disinvestment

Five merchant bankers, including ICICI Securities, Citibank and SBI Capital, have been shortlisted for assisting in the disinvestment of the government’s 10 per cent stake in blue-chip National Mineral Development Corporation (NMDC).

23 May 2016

Steel

Punj Lloyd: tackling the debt beast before it gets too big

Infrastructure developer Punj Lloyd Ltd, set up in its present avatar in 1988, had grown quickly into a $2.6-billion business house within two decades. The group has been at the forefront of

23 May 2016

Infra

Roads & railways get on the fast track

The Road sector has been the principal beneficiary of the Modi government’s thrust on infrastructure. The Centre helped revive confidence among the road players by bringing about a series of changes to

23 May 2016

Roads & Highways

Water crisis: Power Ministry plans reprocessing units for thermal plants

In view of the water scarcity being faced by the power plants in the country, the Power Ministry is preparing a national roadmap for setting up water reprocessing facilities, which could marginally

23 May 2016

Power & Energy

Piramal Fund Management invests INR 425cr in a Lodha Project

Piramal Fund Management (PFM), one of the largest real estate focused fund and funding platforms and part of Piramal Enterprises, has invested INR 425cr in a Central Mumbai project being developed by

23 May 2016

P.R.

L&T on verge of bagging bauxite deposits in Odisha

Tata Motors in talks to set up car unit in Iran

Domestic passenger traffic to cross 100m by year-end: DGCA

Politically difficult to fast-track structural reforms, says Rajan

Scrapping policy to boost auto industry turnover to `20 trillion

Five merchant bankers shortlisted for NMDC disinvestment

Punj Lloyd: tackling the debt beast before it gets too big

Roads & railways get on the fast track

Water crisis: Power Ministry plans reprocessing units for thermal plants

Piramal Fund Management invests INR 425cr in a Lodha Project

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