Kalpataru Projects International raises Rs 1,000 cr via QIP, Infra News, ET Infra
NEW DELHI: Kalpataru Projects International (KPIL) on Wednesday said it has raised Rs 1,000 crore through the issuance of equity shares on a QIP basis. This marks KPIL’s first equity raise in over a decade, the company said in a statement. The KPIL, a diversified Engineering, Procurement and Construction (EPC)
A game-changer for Indian manufacturing, ET Infra
There has been a surge in global manufacturers’ interest in India in recent years. This shift is driven by traditional manufacturing giants seeking alternatives to supply chain disruptions and escalating production costs. This trend presents a promising opportunity for India’s robust economy, positioning it as a compelling alternative to traditional
NE region saw a sea change in connectivity sectors in 10 years: Officials, ET Infra
MUMBAI/SHILLONG: The northeastern region, comprising eight states, witnessed a sea change in connectivity sectors during the past ten years, a top official of the Development of North Eastern Region (DoNER) Ministry said. DoNER Ministry Secretary Chanchal Kumar said that over the last 10 years, connectivity of the northeastern region has
Don’t see any slowdown in public infra funding: Bentley Systems, ET Infra
Bentley Systems, the Nasdaq-listed infrastructure engineering software company, does not see any slowdown in India’s infrastructure spending which will help its India business grow faster than the average of the company, said a senior company official. Bentley Systems develops, sells, and supports software for the design, construction, and operation of
Second edition of ETInfra Leadership Summit concludes with key policy dialogues, ET Infra
The second edition of the ETInfra Leadership Summit was a mega success due to the presence of key policy makers, who took centre stage and highlighted the growth story of the infrastructure sector. The event started with the inaugural address by Raj Bhushan Choudhary, Minister of State, Ministry of Jal
Punjab & Sind Bank plans to raise Rs 3,000 cr from maiden infrastructure bonds this month, ET Infra
NEW DELHI: State-owned Punjab & Sind Bank plans to raise Rs 3,000 crore from maiden infrastructure bonds this month as part of exercise to raise resources to expand loan book. “We have taken board approval for raising Rs 5,000 crore from infrastructure bonds in tranches. As against that, the bank
Works worth Rs 8,821 crore approved for Amaravati, Infra News, ET Infra
AMARAVATI: Andhra Pradesh’s Capital city development is expected to gather pace as the Capital Region Development Authority (CRDA) on Tuesday approved works worth Rs 8821.44 crore. The CRDA meeting presided over by Chief Minister Nara Chandrababu Naidu, focussed on the construction of roads in Amaravati. Briefing media persons after the
Save the date for the second edition of the ETInfra Leadership Summit, ET Infra
Join us on December 13 to witness the biggest infrastructure gathering in the industry that is poised to grow at over 11% on the back of a robust pipeline of projects. We will be joined by the ministers, policy makers and stakeholders in the infrastructure space to mark the second
GCCs may receive SOPs to set up units in Tier-2 & 3 towns, ET Infra
The government is working on a new policy to provide incentives for setting up global capability centres, especially in tier-2 and tier-3 towns and cities, sources told ET. The policy, being prepared by the ministry of electronics and information technology, is likely to provide incentives over and above those currently
Nagpur’s Multi-Crore Projects Unveiled, ET Infra
NAGPUR: The Maharashtra Rail Infrastructure Development Corporation (MRIDC), commonly known as MahaRail, is carrying out multiple projects in Nagpur and other nearby areas. These multi-crore projects are currently in full flow and will bring a major infrastructure boost to the city. Flyovers in Nagpur City: MahaRail is implementing five flyovers