Business

NHAI to set up Infrastructure Investment Trust
A new company is being set up to act as the investment manager
Irdai committee to examine surety bonds for road contracts
Currently, surety bonds for contractors is not being offered by insurance companies
Uttar Pradesh govt allows mixed land use for industrial plots
For areas yet to be developed, an FAR of 3.5 will be offered, including 2.5
KINFRA facilitated investments worth Rs 400 cr in 2019-20
Helped in creating more than 4,000 new job opportunities
Tata Steel Mining completes execution of mining lease in Odisha
These mines were auctioned by the state government of Odisha
Jindal Steel & Power to sell stake in Oman subsidiary Jindal Shadeed
The enterprise value of the deal is over $1 billion

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Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conference

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

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july 2020
04 Jul 2020