Indian Railways has as much as $65 billion worth of pending projects with almost half of them being under construction for more than five years, leading to cost-escalations and making many of them un-bankable, according to a PhillipCapital India recent report.
Igor Palka, CEO, bC Expo India Pvt Ltd. bC India moves to Delhi for its next show! After two successful events in Mumbai, in its third edition this year, the bauma Conexpo show will be held at the India Expo Centre in Greater Noida from December 15-18.
Reliance Infrastructure (R-Infra) and Construccionesy Auxiliar de Ferrocarriles, SA (CAF) of Spain were given undue benefits in the Airport Metro Express Line (DAMPEL) project, the Comptroller and Auditor General (CAG) said. The apex auditor found serious irregularities, flouting of government norms and undue financial benefits to the private player in the Delhi