India's longest bridge to connect Assam and Arunachal

Scheduled to be completed in 2016, the 4.94 km rail-cum-road bridge, India's longest bridge, will come up across the mighty Brahmaputra at Bogibeel in Assam. It is not only expected to be a......

Kota bridge collapse: Death toll rises to 22

With the recovery of 15 more bodies on Saturday from the debris of an under-construction bridge over Chambal river, the death toll has risen to 22 even as the two officials arrested in connection......

Another mishap at Delhi Metro site; 12 injured

At least 12 persons were injured, including two seriously, when two cranes collapsed at a Delhi Metro Railway Construction site in southern Delhi. The accident occurred on the Connaught......

HC issues notice to Delhi Metro

The Delhi High Court on Wednesday issued a notice to the Delhi Metro Rail Corporation on a petition that stated that the DMRC was grossly negligent in connection with the Zamrudpur mishap. The......

Sticking to an indebted company's stock isn't easy

It is a tough call for investors in a company that is getting into corporate debt restructuring. On the one hand, there is a sense of relief because the company will get more time and, most likely,......

Gammon struggles to turn around

Gammon India is reeling under many issues common to the infrastructure sector in the past two years -- slow progress of projects, payment crises and reduced spending by the government. It is also......

Indian cos invest $3.7 bn abroad in May

Overseas investment by Indian firms increased by about 59 per cent in May to $3.7 billion, with Gammon, Tata Steel and Religare among the top investors abroad. Outward flows in May, 2010, stood at......

L&T plans to restructure JV with Mitsubishi

Engineering and construction major Larsen & Toubro plans to restructure its joint venture with Japan's Mitsubishi Heavy Industries, as it prepares to re-bid for the NTPC contract for bulk supply of......