Infrastructure

New IITs hit by poor infrastructure: Sibal

Hyderabad: The eight new IITs that were permitted to set up in 2008 do not have the necessary infrastructure and are not up to the mark making it difficult for the country s prestigious institutions to retain faculty, said Kapil Sibal, Minister for HRD, Science and Technology and Telecom here on Tuesday. The Minister blamed the state governments for not allotting the required land for setting up permanent campuses for...

05:38 PM, Jan 18, 2011

No ban on Reliance Infra and RNRL: Anil Ambani

by CNN-IBN

Mumbai: Anil Ambani on Sunday clarified that SEBI has not banned Reliance Infrastructure and Reliance Natural Resources Limited (RNRL) from capital markets. He also said that the settlement charge of Rs 25 crore should not be mistaken as a fine or penalty. On Friday, SEBI charged Reliance Infrastructure and RNRL of having violated various norms, including prohibition of fraudulent and unfair trade practices relating to securities market regulations. ...

02:56 PM, Jan 16, 2011

Anil Ambani firms barred from stock market investment

by CNN-IBN

Mumbai: Anil Ambani and four board members of Reliance Natural Resources Limited (RNRL) have been barred by the Securities and Exchange Board of India from investing in the stock market till December 2011. The four board members who have been banned along with Group Chairman Anil Ambani are Satish Seth, Lalit Jalan, SC Gupta and JP Chalsani. In its order passed on Friday, the SEBI also banned two Anil Ambani...

05:37 PM, Jan 14, 2011

Best firms cut corners in CWG: Dikshit

by Press Trust Of India

New Delhi: Delhi Chief Minister Sheila Dikshit on Thursday said that some of the "best" firms involved in Commonwealth Games projects had cut corners with quality despite having taken "so much money". "I can tell you that I have been through the Commonwealth Games recently and I find the best companies cutting corners with quality," Dikshit said during a panel discussion on urban development. "You feel scared that they have...

08:31 PM, Dec 16, 2010

CWG leaves behind a legacy for Delhi: CM

The Delhi Chief Minister is certainly a relieved person and she says she has been very satisfied with the Games. ...

10:30 PM, Oct 13, 2010

Games put Delhi ahead by 10 years: Kalmadi

by Press Trust Of India

New Delhi: Commonwealth Games Organising Committee Chairman Suresh Kalmadi feels the world-class infrastructure and the facilities, which have come up for the multi-discipline event, have put the national capital ahead by 10 years. "The city is 10 years ahead now. Earlier people would fly from Delhi to Dubai, Singapore and many other destinations. Now they will land here, see the beautiful city," Kalmadi said addressing the gathering at the Queen's...

09:24 PM, Sep 30, 2010

CWG: Dikshit asks cabinet colleagues to take charge

by Press Trust Of India

New Delhi: With eight days to go for the Commonwealth Games, Delhi Chief Minister Sheila Dikshit on Friday made all her cabinet colleagues in-charge of select areas of the capital, directing them to oversee infrastructure preparedness and ensure corrective measures are taken wherever required. With the Delhi government coming under scathing criticism for its lack of preparedness for the Games, Dikshit held a cabinet meeting on Friday and asked her...

06:33 PM, Sep 24, 2010

Obama proposes plan to revamp US roads

by CNN-IBN

Washington: President Barack Obama has proposed a $ 50 billion- plan to rebuild US roads, railways and runways over six years. The move is aimed at creating more jobs and jump-start a sluggish economy. Obama is under pressure to do more to create jobs and bring down the unemployment rate, which stands at 9.6 per cent. The infrastructure plan is one of several initiatives that Obama is due to unveil...

07:51 AM, Sep 07, 2010