The assumption clearly was that project execution timelines would be adhered to and revenues would flow in as scheduled.
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
The Analysis lists a number of steps taken by the government that have contributed to both positive short-term outcomes, such as lower food inflation, and the capacity for more equitable growth, through financial inclusion.
Yes. Whilst public expenditure is kicking in, the key reason is the decline in private investment
Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
Mr Prabhu has set the railways on a course of investing big .
'When Gabbar Singh says 'Kitne aadmi they,' visitors can deliver the dialogue that follows: 'Do sarkar.'' The Sholay magic might just come alive in this 3D virtual reality village.
There has been an increase of $17 trillion in total debt in China.
The railways have been able to project improvement in finances.
The redevelopment of stations is good news for construction companies.
Details were not immediately available ahead of a planned government briefing.
India's decrepit state-run train services stand to receive at least a 25 per cent boost in investment to over $9 billion.
The macroeconomic environment has changed dramatically for the better.
The Uttar Pradesh chief minister vows to curb corruption and bring in transparency in governance.
Big challenge to garner sizeable additional resources.
More than 250,000 gram panchayats are yet to be connected through broadband.
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
Diwesh Sharan, a deputy director general of ADB, says beside the PPP model and viability gap funding, there is a 3rd option - value capture - to raise funds for India's ambitious infrastructure projects.
DIPP had proposed 100% FDI in Railways, which it had to now scale down to 74% in certain areas
He said that as the previous government could not do it, he had to do it.
11 BJP members in the Joint Committee of Parliament on land bill moved amendments seeking to bring back the social impact assessment and consent clause.
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
West Bengal is yet to implement the Right to Fair Compensation and Transparency in Rehabilitation and Resettlement Act, 2013, the law that replaced the Land Acquisition Act of 1894, on January 1 this year.
The idea of modernising railway stations under a PPP arrangement was aired several years ago by the then railway minister, Lalu Prasad, who visualised attracting Rs 15,000 crore (Rs 150 billion) investment in 22 stations.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
The Union cabinet on Saturday recommended re-promulgation of the controversial land acquisition ordinance. The land ordinance will be issued for the third time.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
In 2015, India's domestic aviation market clocked 81 million flights.
Need for consent of affected families and social-impact assessment could go.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
Will be given choice of govt and privately funded modes to put highway projects that didn't get bids under PPP model.
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.
'The answer is no, the entire country's is.' 'So why such obsession with Delhi?' 'But the most powerful people in India live here: The prime minister, civil servants, Supreme Court judges, MPs, diplomats, dadas of the media...' 'If they can't deal with their own problem, what chance does the rest of the country have, with its foul air, dying rivers, frothing lakes, and crumbling mountains?' says Shekhar Gupta.
India is only on the starting block.
As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should not hurt the private sector and RIL was one of the biggest and most respected.
States to give choices, Centre to decide by year-end.
The Bombay Hemp Company offers goods fashioned out of hemp, the lesser known cousin of ganja.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.