The company, which is bidding for 16 road projects worth Rs 10,000 crore (Rs 100 billion) this year from the National Highways Authority of India under the public-private-partnership model, intends to invest the money in the form of equity to set up special purpose vehicles to execute new road projects.
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).
The 'golden share', which will be owned by the government, will ensure that it has a say in all major decisions taken by the private concessionaire. It will also obviate the need for the government to invest in the equity of the company. The proposal has been mooted by the Planning Commission in the new model concession agreement that it has developed for the infrastructure sector. The agreement has been circulated among various stakeholders for consultation.
Media organisations across Karnataka have strongly condemned the state police force for forcing B V Seetharam, publisher of Kannada daily Karavali Ale, to wear handcuffs while he was being produced at a court in Udupi. Seetharam, chairman of the Chithra Publications Private Limited, was arrested on January 9 in connection with a defamation case. A non-bailable warrant had been issued against him as he had failed to appear before the court.
The summit would be held from November 4-6.
This is the second project in the country in which a metro rail project is being undertaken through a PPP model after the 71-kilometre Hyderabad metro project was won by Maytas Infrastructure. According to industry sources, infrastructure major Larsen & Toubro had also initially shown interest for the project, but backed out finally.
Decks have been cleared for setting up of 20 new IIITs in the country after differences between industry bodies and the government, over the issue of autonomy, were sorted out.
Railway minister Mamata Banerjee fought off criticism on Friday that her Railway Budget was Bengal-centric and said she had kept in mind the entire country.
In a major initiative to pump prime the economy through public expenditure, the government has decided to inject a whopping Rs 50,000 crore (Rs 500 billion) for funding infrastructure projects.
Ulka Sadalkar and Rajeev Kher are transforming Pune's public restrooms and offering a dignified solution to India's sanitation needs.
Indian IT major HCL Technologies will provide training for three months to 100 students each in its Lucknow and Madurai campuses.
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
'The government is abdicating its responsibility on healthcare.' 'Just to start this scheme, it will take a minimum till October 2018 and elections are coming in 2019, so before that this can go into the dustbin.'
A host of companies have been lined up by the disinvestment department as candidates for stake sale.
The Andhra Pradesh Cabinet has approved a bill to implement Rs 9,696 crore Hyderabad Metro Rail Project which is expected to be completed by 2011.
The CBI action came a day after the agency filed its second charge sheet in the case alleging that former director general (state armed police) and Trinamool Vice President Rajat Majumdar and East Bengal Club official Debabrata Sarkar were beneficiaries of the money collected through chit fund scam.
The central government's view of exploring public-private partnership (PPP) in the establishment of new institutes of higher learning has a private hand, right from the first step.
The Railways could tie up with technical institutions for introducing railway-oriented subject for graduation and skill development.
As the demand for a grand stimulus gathers steam, the government is targeting an investment of Rs 100,000 crore
Around 50 stages were erected on the roadside along the stretch to showcase performances by troupes of different states.
Priorities include the amendments of the Companies Act and the Motor Vehicle Act
As per the detailed project report, submitted to the Union HRD Ministry by National Association of Software and Service Companies, each new IIITs will come up in partnership with a group of private companies. Each IIIT will have a capital base in which the government's contribution will be less than that of the partnering companies.
Private airport developers under the public-private partnership model will not be able to get additional contracts in and around the airport that are part of the original project by merely matching the lowest bidder without participating in the bidding process.
The artillery pounds targets and keeps the enemy's head down, preventing them from firing at attacking troops.
K Sivan has to hasten the effort to bring in private players into satellite and rocket building and replicate India's software success in aerospace.
Within the next two years the national capital will have its own IT hub aiming to foster industry-institute partnership in the areas of advanced technology research in the city.
In all, 14 unions representing bank employees and officers will be supporting the day-long stir.
There is a need to set up independent regulatory authorities on energy, transport and urban infrastructure at the state level to ensure smooth implementation of infrastructure projects, especially those which are taken up on the PPP (public private partnership) model, said Vinayak Chatterjee, co-chairman of the CII National Council on Infrastructure and chairman of Feedback Ventures Limited.
Will work full day on other Saturdays; bank branches to be shut on 2nd, 4th Saturday from next month
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
The construction of the bridge began in 2011 at a project cost of Rs 950 crore. Its has been designed to withstand the movement of military tanks.
Move to accelerate investments; Japan to have a share in corpus
The I&M programme will entail a nationwide comprehensive programme to test and certify, at frequent intervals, a vehicle's 'road worthiness'. The programme gains importance as more than 100,000 people die each year from road accidents in the country, roughly 10 per cent of the world total.
The Andhra Pradesh government will invite expressions of interest for eight minor airports to come up in the hinterlands under a public-private sector initiative. The airports will be set up in Nellore, Kothagudem, Tadepallegudam, Bobbili, Ramagundam, Kurnool, Nizamabad and Ongole. Each airport project is expected to cost Rs 50 crore (Rs 500 million).
After recent poll defeats, Sonia asks party to focus on development.
The Rajiv Gandhi International Airport, which is being developed by GMR on the outskirts of Hyderabad, will be the first greenfield public-private partnership (PPP) airport to be operational in March 16.
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
The West Bengal government unveiled a new model to allot 90 acres of subsidised plots each to software majors Infosys and Wipro near Rajarhat locality in the city at an unspecified rate.
The biggest constraint to achieve a higher growth rate in South Asia is infrastructure. Growth in the region could have been higher if more investment in infrastructure would have been made, says Patel.
The railways is collaborating with various companies from Germany, South Korea, Japan and China to work out the fine prints.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances