RITES inks pact with KIIFCON for consultancy projects
KIIFCON is a consultancy organization under the Kerala Infrastructure Investment Fund Board. RITES and KIIFCON will work as partners to provide consultancy for transport and infrastructure projects in various sectors. (Image: official website of RITES) Source link
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Shriram Properties Q1 Results 2022: Profit jumps on better sales in June quarter | Check June quarter highlights
Shriram Properties Ltd has reported a consolidated net profit of Rs 10.48 crore for the quarter ended June on better sales. It had posted a net loss of Rs 3.67 crore in the year-ago period. Total income more than doubled to Rs 145.11 crore in the first quarter of this fiscal, from Rs 60.9 crore…
What is electric highway and how it works? What Nitin Gadkari said about it
Union Minister for road transport and highways Nitin Gadkari had said that the government is planning to construct an electric highway between Delhi and Mumbai. Addressing an event organised by the Hydraulic Trailer Owners Association, the road transport and highways minister said the government is constructing tunnels worth Rs 2.5 lakh crore, as per a…
Cressanda Solutions forays into large government infrastructure services business
Cressanda Solutions Ltd. has informed that has entered into an agreement with a large institutional client for providing tech-powered infrastructure solutions towards unaddressed passenger experience in India. “The company is poised to innovate, design and deliver large business projects with technology and software services at its core. The software services include development of business applications,…
Government spends nearly Rs 100 lakh crore on infra development, social sector schemes in 8 years
The government has spent around Rs 100 lakh crore on infrastructure development and social sector programmes over the last eight years, government sources said. Citing an RBI report, sources said that the total developmental expenditure by the central government was a whopping Rs 90,89,233 crore (Rs 90.9 lakh crore) during 2014-15 to 2021-22. See Zee…
How e-Governance will play an important role in India’s infrastructural development, expert explains
E-Governance refers to the use of information technology and communication for governance. It ensures transparency in the information flow, helping in enhancing and redefining the social, environmental, and economic values. In the Union Budget 2022-23, the government has given a massive push to the infrastructure sector and proposed an expenditure of more than Rs 10…