Sobha Developers' Rs 5,000 crore hi-tech city project in Kochi is delayed as the company is awaiting clearances from the Central Government under the Coastal Regulation Management Act.
MNRE recently entrusted ADaRSH to formulate a comprehensive set of integrated guidelines to address large developments across the country.
The union cabinet chaired by Prime Minister Narendra Modi has given approval for transfer of land to implement metro rail projects.
S Bhattacharya is tipped to become the next Chairman and Managing Director of Coal India, succeeding S Narsing Rao.
The Central Government has plans to develop additional airports in Andhra Pradesh. It also intends to develop Vijayawada, Visakahapatnam and Tirupati airports as international airports.
The Central Government has released its equity contribution of Rs 250 crore to the Delhi Metro Rail Corporation for construction work of Phase-III projects.
Ahmedabad and Surat are the first two airports that will be considered to be alleviated to an international level by Airports Authority India (AAI).
The newly appointed government has started fast tracking power projects in Northeast India. For this, the Central Government has assured coal linkage to the proposed 660-MW Margherita Thermal Power Project in Assam. Assam´s request for coal linkage is awaiting clearance from the Centre since 2009.
´Cautiously optimistic´ is the best way to describe the outlook for the paints and coatings sector for the near term while the overall, long-term outlook is positive. Globally, the paint industry is equally made up of decorative products and industrial coatings.
Uttar Pradesh will soon see the start of road projects worth Rs 50,000 crore by year-end. About Rs 10,000 crore to Rs 15,000 crore will be raised by the Central Government by year end.
