The debt-laden company, which recently won its first railway construction project, is looking at a four-fold increase in its order book next year.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
The demand for affordable housing is 535,400 units.
In a late night development, chairman of the state-run Airports Authority of India, V P Agarwal, was removed from his post apparently because of his "opposition" to privatisation of more airports in the country, sources said.
'From India to Indiana, there has always been a sense of hope, optimism, and goodness.'
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
The public sector behemoth is looking at forming joint ventures with states.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
The move is part of a larger initiative by the government to speed up work in the highway sector.
Hyderabad Metro has taken up a study to change the alignment of the rail track in order to avoid the Legislative Assembly building and Sultan Bazar stretch in Hyderabad, even as the realignment is expected to escalate the project cost by over Rs 300 crore (Rs 3 billion).
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
The Prime Minister said there is a need to have a relook at the structure of the Planning Commission and give it a new shape.
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Observing that the prime reason for these losses was high fuel cost which constituted almost 40-50 per cent of an airline's total costs, Civil Aviation Minister Ajit Singh said the aviation turbine fuel (ATF) prices were high due to rising base price and "very high VAT imposed by state governments."
Clarifies over the raging media controversy over its intent to exit
Additional infrastructure for dining rooms in each of the school has been recommended.
Currently, the spend on R&D as a percentage of GDP is just 0.9%
GE, Alstom land $5.6 billion deals to supply Indian Railways
An inquiry by the safety commissioner has been ordered. Anusha Soni reports
facilities at Bangalore one understands the financial year end frenzy at these establishments and the slipshod slippages in timeframes, quality of overhaul, servicing and quality control across the board, for aircraft and equipment alike,' says Group Captain Murli Menon (retd).
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
Roads and national highways are the lifeline of the country, says Oscar Fernandes.
The Congress-led United Democratic Front on Wednesday suggested further tightening of the measures on liquor policy if it returns to power.
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
Menlo Park Mayor Catherine Carlton is leading a 3-member team to Kerala.
Banks might not have realised the exact implication of risky projects under PPP projects, which were getting implemented under high leverage
A summary of sports events and sports persons, who made news on Tuesday
China is battling a property downturn, industrial overcapacity, sluggish demand and struggling exports.
Joyita Ghose on the land acquisition laws in the country and the changes that the NDA government's controversial bill in Parliament makes to the land acquisition act, 2013 brought in by the United Progressive Alliance government.
The metro rail commenced its operations between Miyapur and Nagole, having a total distance of 30 kilometre and 24 stations.
India had a transition from 'socialism with a limited entry to marketism without exit'.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
Privatisation is still regarded as beyond the pale but public-private partnerships have gained in popularity.
The government is likely to allow FDI in high speed trains and other projects.
Given the broken balance sheet and the limited fiscal room, the government has to kick off investment: Vikas Khemani & Stephen Gallagher.
'No Budget has so far has addressed the issue of the government's abysmal productivity of capital spending, improving which will be the big game changer. 'But, the government's tight lock on businesses, banks, education, and even essential services like transportation and large parts of infrastructure and healthcare is destroying capital year after year,' points out Debashis Basu.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
Despite public-private partnership projects announced in several rail budgets, the investment since 2000 has been merely Rs 3,000 crore.
The artillery pounds targets and keeps the enemy's head down, preventing them from firing at attacking troops.
To facilitate foreign direct investment (FDI) in high- speed rail projects, the government is likely to allow private sector entry in operations.
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