NEWS

Roads & Highways News

Govt makes PUC certificate for all vehicles uniform across country

The Ministry of Road Transport and Highways has issued a notification to make the PUC (Pollution Under Control) certificate for

Officials of regional offices of road ministry, NHAI, NHIDCL to be responsible for non-compliance in quality measures

Officers and engineers of regional offices of the road ministry, NHAI and National Highways and Infrastructure Development Corporation(NHIDCL) will be

After long delay, FASTag begins on Yamuna Expressway

After a long delay, users of the Yamuna Expressway will now be able to use the FASTag to electronically pay

Nitin Gadkari reviews progress of greenfield expressways, access controlled highways

Union minister Nitin Gadkari reviewed the status of award, bidding and pre-construction activities related to five greenfield expressways and 17

Toll collection on national highways to fall by 25-30 per cent: ICRA

Toll collection on national highways is likely to fall by 25 to 30 per cent in May over last month

Asset monetisation to gather pace in road sector: Crisil

Asset monetisation in the roads sector will see an acceleration as engineering, procurement and construction (EPC) companies in this space

Bids for 2,000 km road projects in the offing

Bids for road projects of around 2,000 kilometres are in the pipeline and will likely be awarded this month onwards,

BJP governments’ 2019 target: Delhi to Patna by road in 11 hours flat

Delhi to Patna – 1,100 kilometres by road in 11 hours flat. This is the target being set by the

Transport ministry seeks Rs 78,000 crore to help fund Bharatmala

The road transport and highways ministry has sought a budgetary allocation of Rs 78,000 crore from the finance ministry for

Highways ministry ups border roads upkeep funds by 4 times

In a significant ramp up in the context of the ongoing border standoff with China, the road transport and highways

Irdai examining feasibility of insurers offering surety bonds for road contracts

Regulator Irdai has decided to examine the feasibility of introducing surety bonds by insurance companies for road contracts in the

NHAI to rank highways to ensure high quality roads

To improve highways, a ranking system will be introduced based on performance audit of roads, NHAI said. NHAI has been

Mining News

Mining emerged from worst of COVID-19 crisis in excellent financial, operational shape: Report

Mining is one of the few industries that emerged from the worst of COVID-19 pandemic economic crisis in excellent financial

Coal India to continue with fuel supply to power plants under import substitution in current fiscal

State-run Coal India’s(CIL ) has posted 52.5% growth in e-auction bookings during the first two months of the ongoing fiscal.

Odisha slaps Rs 20,169cr penalty notice on Mahanadi coalfields

The Odisha government has sent a Rs 20,169-crore show cause notice on Coal India  subsidiary Mahanadi Coalfields for alleged violation

Explosives ban to stop illegal mining

The district administration has imposed prohibitory orders in Mewat for next two months revoking all permissions to store, sale and

Mining, FDI reforms in the offing, says Piyush Goyal

Commerce and industry minister Piyush Goyal  said the government is working on reforms in the mining sector and attracting foreign

Indian metals and mining sector to be hit if lockdown persists: KPMG findings

The metals and mining sector might face high cash flow constraints if lockdown extends beyond a month, said a report

Transport & Logistic News

IL&FS gets Rs 1,925 crore from Haryana govt in Gurgaon Metro Project case

Debt-laden Infrastructure Leasing and Financial Services (IL&FS) said it has received Rs 1,925 crore from Haryana Shehari Vikas Pradhikaran (HSVP)

Yamuna body secures Rs 3,725 crore loan from SBI for development of airport in Jewar

The Yamuna International Airport Private Limited (YIAPL) has secured a loan of Rs 3,725 crore from the State Bank of

Uttar Pradesh speeds up work on Kushinagar and Jewar airports

The Yogi Adityanath government has put on fast-track the plan to build international airports at the east and west ends

Adani Ports SEZ Q2 profit slips 7% YoY on higher tax incidence

Adani Ports and Special Economic Zone on Monday posted 7.46 per cent year-on-year fall in profit at Rs 992 crore

IFC set to invest Rs 2,800 crore in MP Solar park

In one of the biggest deals in the renewable energy space, International Finance CorporationBSE -4.94 % (IFC), part of World

Government plans to overhaul 300 dry ports

The government plans to overhaul 300-odd dry ports in the country to resolve infrastructural constraints faced by exporters and importers

Maharashtra invests in logistics sector to promote multi-model connectivity: Transport Minister

Maharashtra has invested over Rs 150 crore in the supply chain and logistics sectors in Pune and Thane regions to

Steel News

Jindal Steel to invest Rs 7,500 crore in Andhra Pradesh

Several key proposals have been approved at the State Investment Promotion Board (SIPB) meeting chaired by Chief Minister Jaganmohan Reddy.

India’s crude steel output grows 46.9% to 9.2 mn tonnes in May: worldsteel

India registered a 46.9 per cent year-on-year growth in its crude steel output at 9.2 million tonnes (MT) in May,

Dharmendra Pradhan urges industry to use domestically produced steel

Union Steel Minister Dharmendra Pradhan  urged all stakeholders of the sector to come together to ensure that industries use only

Weak demand, oversupply and price decline to hit Indian steel industry: Ind-Ra

Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in

Cement News

JSW Cement forays into ready mix concrete business

JSW Cement, a part of USD 12 billion JSW Group, on Monday announced its foray into ready mix concrete (RMC)

Rebound of cement demand delayed to 2018: ICRA

As cement offtake remained weak in the first half of the current fiscal ending September, ratings agency ICRA forecasts demand

JK Cement plans to nearly double production capacity in 5 yrs

JK Cement  is planning to add up to 8 million tonne per annum (MTPA) capacity in the next five years,

Ambuja Cement has digitized its entire supply chain process to optimize cost in FY20

Cement Maker, Ambuja Cement is digitizing its entire supply chain to improve visibility of the process, deliver quality customer service,

Radhakishan S Damani is a respectable man who has chosen to invest in India Cements: N Srinivasan

“There is nothing to say. He (Radhakishan S Damani) is a respectable person who has chosen to invest in India

Energy News

Tata Motors, Tata Power jointly inaugurate solar carport in Pune

Tata Motors and Tata Power announced the inauguration of India’s largest Solar Carport in Pune, that is estimated to reduce

Tamil Nadu power sector companies incurred Rs 13,000 crore loss: CAG

Increased power purchase, coal handling, financing and employee costs has resulted in the five Tamil Nadu state power sector companies

Reliance Power seals deal for $1bn Bangladesh project

Anil Ambani’s telecom empire may be in dire straits at home but his $1billion plan to set up a generation

Tamil Nadu to sell renewable energy to western states

The Raigarh-Pugalur 800kV ultra-high-voltage direct current (UHVDC) transmission line will now take renewable power from Tamil Nadu instead of bringing

Odisha requests Centre to help power sector & Discoms hit by COVID-19 crisis

The Odisha government has sought concrete steps by the Centre to help the power sector and distribution companies (DISCOMs) in