Metro projects usually require additional funding by promoters, which RInfra refuses to in this case.
Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
There's a 13 per cent increase over last year, in an effort to put its flagging revenues back on track.
Indian govt is trying hard to get global investors to invest in the country.
Independent directors were supposed to safeguard the interest of all stakeholders.
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
On Monday, the US delegation met Urban Development Minister Venkaiah Naidu.
The S&P BSE Sensex dropped 207 points to end at 25,230.
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Some experts believe that building new cities may not be the answer to India's swelling urban population.
NHAI to pull plug on Rs 3,000-crore ventures for poor show
Market linking of petrol and diesel prices has helped the industry.
Welcoming the latest round of stimulus announced by Finance Minister Nirmala Sitharaman on Thursday, experts said the measures will support the economic recovery boosting demand, job creation and by providing funds to the MSME and stressed sectors. The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.
Sebi has approved the norms for financial institutions setting up shop at GIF City in Ahmedabad.
Experts believe scrapping some projects is likely to bring some stability in road sector.
The company will engage various NGOs for the construction of toilets as well as undertake awareness campaigns for better sanitation, it said adding that a total of around 100,000 households would be benefited by the sanitation initiative.
However, survey by Japanese firm shows India as most preferred Asian market for Japanese investors.
Finance Minister Arun Jaitley on Wednesday said the country is on an "upward curve" and a good monsoon, GST passage and increased infra and rural spending will further accelerate the growth.
Lower IT exports will raise India's dependence on capital flows to fund imports.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
GST is levied on every transaction in the supply of goods and services, barring certain exempted items
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Modi has plenty of opportunities to test out his strategy. Chinese President Xi Jinping and Australian Prime Minister Tony Abbott will visit India this month, and Modi will fly to Washington towards the end of September for a summit with US President Barack Obama.
The Lok Sabha will start a discussion on the Budget on Wednesday.
'The events of 2020 have actually put our relationship under exceptional stress.' What External Affairs Minister Dr Subrahmanyam Jaishankar told the All India Conference of China Studies on Thursday, January 28, 2021.
Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi?
Parekh ensures that he never forgets the importance of correctness.
The CII delegation includes many eminent names.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
'What stood out at these meetings between industry representatives and government leaders was how the equation between the ministers and industry had undergone a subtle and qualitative change,' points out A K Bhattacharya.
The list includes Gautam Adani's brother Vinod Adani among others.
Infra major GMR is hopeful of maintaining strong order book.
T N C Rajagopalan on the new year and new worries.
'We have to make doing business in India easier.'
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
Xi does not want to risk any political or economic crisis complicating his bid to remain in office, observes Ambassador Shyam Saran, the former foreign secretary.
