NEWS

Roads & Highways News

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

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

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

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

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

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