Jamshedpur: Tata's JUSCO is a company that takes its Corporate Social Responsibility very seriously. It is the equivalent of a municipal corporation for Jamshedpur, providing 24-hour portable drinking water, uninterrupted power supply and infrastructure for the local population. For the not-so-privileged of Jamshepdur, a regular day begins stocking up drinking water from a tanker. A free service by the Jamshedpur Utilities and Services Company Limited, popularly called JUSCO, the TATA...
09:50 AM, Jun 01, 2012
New Delhi: Commuters travelling on the Delhi Metro's Airport Express line managed by Reliance Infrastructure can now have uninterrupted mobile phone connectivity, a company official said here Monday. "Reliance Infrastructure constantly works towards enhancing commuter comfort and convenience. A complete bouquet of Reliance Commmunication, Vodafone, Airtel, Idea and Aircel services will now be available at all the stations of the Airport Express line," a Reliance Infrastructure spokesperson said. According to...
12:31 PM, May 01, 2012
New Delhi: In a bid to strengthen the commercial ties between the two countries, India and Japan on Monday agreed to boost cooperation in infrastructure projects in DMIC, railways and energy sectors at their first Economic Dialogue. Besides the Delhi-Mumbai Industrial Corridor, the two countries also agreed to accelerate cooperation in infrastructure development in the areas along the Chennai-Bengaluru Industrial Corridor. "We discussed the entire gamut of issues in which...
03:58 AM, May 01, 2012
New Delhi: The New Delhi airport will become the world's most expensive, with its operator GMR Infrastructure Ltd permitted to raise charges, hurting the airport's ambition to become an aviation hub, an airline industry body said. Earlier on Wednesday, GMR, which received a regulatory approval to raise the airport charges from May 15, called the increase "inadequate" to cover its costs. Air ticket prices for international flights operating from the...
01:30 AM, Apr 26, 2012
Chennai: A week after condemning the continued reduction in Central funds for modernisation of the Tamil Nadu Police, Chief Minister J Jayalalithaa on Tuesday announced a number of measures to give a fillip to the force, including a package of Rs 1,000-crore to develop the department's infrastructure over the next four years, of which Rs 250 crore would be allocated this year. Other steps announced by the CM in the...
09:29 AM, Apr 25, 2012
Beijing/New Delhi: Power Construction Corporation of China has signed a $2.4 billion contract to build four generators of 660 mw capacity each in the second phase of a coal-fired power plant in South India. The deal was signed with India's Infrastructure Leasing and Financial Services Limited (IL&FS) to set up the massive coal fired generators, according to a statement posted on the state-owned company's website. The deal is an EPC...
01:39 AM, Apr 14, 2012
New Delhi: In an embarrassment for BJP president Nitin Gadkari, a CAG report tabled in the Chhattisgarh Assembly says coal blocks were allocated to his key aide Ajay Sancheti at throwaway prices. Accessed by CNN-IBN, the CAG report accuses Raman Singh administration of causing a loss of over 1000 Rs crore by allocating a coal block in 2007 to SMS infrastructure, a company owned by Sancheti himself. The report states...
06:10 PM, Apr 09, 2012
Muktsar: Punjab Chief Minister Parkash Singh Badal on Friday said his government will make all efforts to transform the state into a developed one in the next two years. "The state government is fully committed to fulfill the aspirations of the people who have given historic mandate in favour of the development policies and programmes of the SAD-BJP alliance government," he told a gathering in his home district. To ensure...
03:40 AM, Apr 07, 2012
New Delhi: Showing signs of recovery, the eight core infrastructure industries in February grew by 6.8 per cent - the highest rate in the past seven months - on account of healthy coal and power output, up from a dismal performance of 0.5 per cent a month ago. The growth rate was 6.4 per cent in February last year. The eight industries - crude oil, petroleum refinery products, natural gas,...
08:10 PM, Mar 29, 2012
Lucknow: In a major bid to haul up the state's infrastructure, Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday ordered his officials to prepare feasibility reports for running metro, mono rail and Bus Rapid Transport System (BRTS) in Kanpur, Lucknow, Agra and Varanasi. At a high level meeting, the chief minister also asked the officials concerned to take forward the second phase of Metro rail in Ghaziabad, neighbouring New Delhi....
05:31 AM, Mar 25, 2012
New Delhi: The infrastructure sector was one of the thrust areas in the Budget, as Finance Minister Pranab Mukherjee announced a slew of proposals, including allowing financial institutions to raise about Rs 60,000 crore from tax-free bonds and envisaging a greater private participation. Mukherjee said investment in the sector during the 12th Five-Year Plan (2012-17) will go up to Rs 50 lakh crore, about half of which is expected from...
05:11 PM, Mar 16, 2012
New Delhi: Railway Minister Dinesh Trivedi is all set to present the Railway Budget in Parliament on Wednesday. He said that the Railway Budget is going to be good for the common man. "The Budget is going to be very good, specially for the common man." He also said that the budget will make sure that Indian Railways shines like gold. "Railways is an important part of infrastructure. The Rail...
10:28 AM, Mar 14, 2012
New Delhi: It's almost been a decade since passenger fares were increased and railway finances are in the red. The Indian Railways is the country's 24*7 lifeline with 23 million passengers a day and 2.65 million tonnes of freight traffic. With the Railway finances going from bad to worse, a question often asked is whether the railway sector is going the aviation sector way. Union Minister Dinesh Trived says, "No,...
08:49 AM, Mar 14, 2012
New Delhi: Railway Board Chairman Vinay Mittal has said that a fare hike will bolster the railway finances to a limited extent and the urgent need was to consolidate rather than expand. When asked if the current model of railways is a financially viable model, he said, "Trains run but we don't earn revenue because they are necessary." "We fulfill a huge social responsibility. There are still areas in the...
07:58 AM, Mar 14, 2012
New Delhi: It's the D-day and all eyes will be on Union Minister Dinesh Trivedi who will present the Railway Budget 2012 in Parliament. Sources say that the government is likely to impose a safety cess, although it will not be labelled a fare hike. Sources add that there is a possibility of an additional surcharge, called the Union government development surcharge. However, the ministry is not likely to announce...
06:30 AM, Mar 14, 2012
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