While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.
Consumption of cement, steel, and bitumen is to get a boost of Rs 42,000 crore (Rs 420 billion), as the National Highways Authority of India has announced to award 7,994 km of highway projects in the current financial year.
Haldea's report requires serious rethinking of the NHAI model, not an outburst by Kamal Nath.
The CBI had registered a case against the four for allegedly entering into a criminal conspiracy and engaging in corrupt practices in the award of contract.
The assault on the engineer came days after a Bharatiya Janata Party legislator assaulted an official with a cricket bat in Madhya Pradesh.
In the video clip that has gone viral on the social media, Rane and Kankavli Municipal Council president Samir Nalawade are purportedly seen tying Deputy Engineer Prakash Khedekar of the National Highways Authority of India to the railing of a bridge and pouring buckets of mud on him.
The National Highways Authority of India will this year witness the highest ever growth out of the last decade. But Gadkari himself admits his biggest failure as India's roads minister has been his inability to curb loss of life in road accidents.
The National Highways Authority of India on Wednesday said it needs to borrow up to Rs 20,000 crore (Rs 200 billion) per year for the next 15 years to implement Rs 9 lakh crore (Rs 9 trillion) worth of road projects in the PPP mode till 2031-32.
23% increase for Highways: The allocation during the current year to the National Highways Authority of India (NHAI) for the National Highways Development Programme (NHDP) has been stepped up by 23 per cent over the 2008-09 (BE).
National Highways Authority of India is working on a proposal to scrap the 30 to 35 per cent premium on toll charged on highways that bypass cities.
The brokerage said the consolidated fiscal deficit, including that of the Union (3.6 per cent), the states (2.6 per cent) and the off-budget borrowings which are being resorted to increasingly is a worry.
After failing to get bids for over half of its highway projects last year, the National Highways Authority of India (NHAI) has decided to put up 19 highway projects worth Rs 23,805 crore for rebidding next month through a new short-listing process.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China. Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like the micro, small and medium enterprises (MSMEs).
After twice revising its deadline from the original December 2004 to the latest December 2006, the National Highway Authority of India (NHAI) officials say that till date it is only 94.4 per cent complete.
"We have engaged our best investigators in the case," CBI Director Umashanker Mishra told reporters in Gaya
CBI Director Umashanker Mishra visited Gaya to review the situation in view of the FIRs his team is facing in connection with the suicides.
Sheonath Kumar Sah and Mukendra Paswan, who were quizzed by the CBi for several hours in Delhi during the past few days, fell unconscious after consuming pesticide at their native village in Bihar.
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
Implementation of the ambitious Golden Quadrilateral Road Project in Bihar was being delayed due to interference from local gangsters and contractors.
Sarwan Paswan was picked up by the agency sleuths from Patna based on interrogation report of four other accused persons arrested by the CBI earlier.
'Like all right-thinking Indians, I am shocked and saddened by the murder of Satyendra Dubey, an upright and dedicated officer working with NHAI,' he said.
Roads account for the second largest amount of bad loans.
It is developing ash parks at Varanasi, Raipur, Pune and Cuttack, to make it available to ash-based product manufacturing units at these centres. It recently signed an agreement with NHAI for supply of ash for use in road construction.
After the Maharashtra government has scrapped the Mumbai redevelopment plan, there could be major change in state policy.
Delhi's power circles can expect a surprise when a not-so-known officer is appointed to head the CBI.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.
In the meeting, which was held in makeshift tents at the Zero point, both the sides discussed timing of completion of bridge, alignment of roads and other engineering aspects of the proposed crossing points.
According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays
The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.
Govt to chalk out entry of sovereign funds from Abu Dhabi, Qatar into such projects.
Mukesh Ambani said he had never seen any city decked up so strikingly as Lucknow
A total of 16 secretaries have been appointed to various central government departments.
