Eyeing the growing cement market in Bihar, Reliance Cement Company (RCC) has launched Reliance Cement in the state. The company will be the first player in the cement industry to have a unique QR code printed on its cement bags. Smart phone users will be able to scan this code to get more information on the product features and quality assurance.
Despite the infrastructure 'boom', the industry has failed to adhere to the momentum expected from it in terms of project execution. Janaki Krishnamoorthi delves into the reasons behind this and discovers that corruption, lack of transparency and rigidity must be eradicated for India to live up to its potential.
The cash-strapped West Bengal Government's inability to fund power projects may affect takeoff and completion of various sanctioned power projects in the state. The state power utility is facing sho-rtage of funds as it is unable to seek pending tariff revisions one necessitated by the rise in coal prices
Ashoka Buildcon is expected to achieve financial closure by Oct for its Rs 2,200 crore highway project that includes six-laning of an 111 km stretch on NH 6 between Dhankuni in Uttar Pradesh and Kharagpur in West Bengal
Railway Minister Mamata Banerjee has mooted the idea of setting up a rail coach factory in collaboration with the West Bengal Government or on the public-private-partnership model at the abandoned Tata Motors' 1,000 acre Nano project site at Singur.