Smart investors mint money in infrastructure, bank QIPs

Among the prominent gainers, Ashok Leyland, ITD Cementation India and J Kumar Infraprojects have more than doubled. The rally in financial and infrastructure stocks has brought cheer to qualified......

Monte Carlo IPO bought eight times

The category meant for institutional investors was subscribed 14 times. Monte Carlo Fashions’ Rs 350-crore (Rs 3.5 billion) initial public offering saw eight times more demand than shares on......

Highway projects: A tightrope walk for Nitin Gadkari

The central government’s highway award and construction target for the current fiscal is dominated by the Bharatmala scheme. The Union transport ministry will be walking a tightrope this......

Budget focuses to fast-track infra development

Union Budget 2014-15 while addressing some of the roadblocks faced by the infrastructure sector such as long-term funding concern, problems of PPP projects has also signaled it wants accelerated......