HG Infra Engineering today fixed a price band of Rs 263-270 per share for its initial public offering (IPO), through which the company is expected to raise Rs 462 crore.
Union minister Dharmendra Pradhan on Friday said an initiative by the transport and skill development departments to spend Rs. 15,000 crore as payment to labourers working on construction of national highways under Skill India, has been announced.
India has issued demarches to both Pakistan and China conveying its position on construction of dams on the Indus river in Pakistan-administered-Kashmir (PaK) by the Pakistani government with assistance committed to these projects by China, the government said on Wednesday.
The present rate of vehicle growth will require construction of an additional lane on highways every year, which will cost government about Rs 50,000 crore
Black money: Chemicals, construction, mining among 11 sectors seen generating more unaccounted incomes
Chemicals and chemical products, construction, land transport, agriculture, petroleum products, iron and metallic products, are among the 11 sectors seen as “more prone to generation or utilisation of unaccounted incomes”, according to a government-commissioned report on black money.
No construction is being carried out in a 25 km stretch of the Eastern Peripheral Expressway in Ghaziabad due to protests by farmers and lack of police protection to the workers, the NHAI told the Supreme Court today.
In a review of NHAI projects on Tuesday, Gadkari said that while a record 16,271 km of National Highways have been awarded and 8231 km constructed during the year 2016-17, work needs to be done at a much faster pace to award more projects and construct those that have been awarded.
The Minister of Road Transport & Highways and Shipping, Shri Nitin Gadkari has emphasized on fast tracking the award and construction of National Highways projects
Anil Ambani-led Reliance Infrastructure has emerged the lowest bidder for a Rs 800-crore highway construction job in Tamil Nadu, people close to the development told ET.
China’s clampdown on new coal projects and a reluctance by backers to provide further funds in India are mainly responsible for last year’s drop in the amount of coal-powered generation capacity under development
Rajasthan has submitted proposals for construction of 229 railway overbridges (ROBs) to the Centre on the Union Road Transport Ministry’s direction for ensuring smooth traffic.