Tag Archives: infrastructure

Ultratech Cement’s Q2 net down 31 per cent to Rs 423 cr

Depreciation amount was also higher at Rs 522 crore and interest cost more than doubled during the quarter to Rs 388 crore due to the acquisition of cement plants by the firm. The net sales of the company were up ...

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Government Faces ‘Catch-22 Situation’ Over Banks’ Non-Performing Assets, Says Arun Jaitley

“I inherited a banking system whose monies were lying in non-performing assets,” said the finance minister. Washington: Finance Minister Arun Jaitley has said the government, faced with a “catch-22 situation” over the issue of non-performing assets, is working on a plan ...

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Border infrastructure cause for concern, says Rajnath Singh

Rajnath Singh also announced that the government would increase funds for the Border Area Development Programme (BADP) and encouraged the forces to win the trust of residents. Expressing concern over migration from border areas, the government has decided to form ...

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Jaypee Infrastructure homebuyers get this message from Supreme Court; but where does it leave them? Find out

The homebuyers’ body also sought investigations into the transfer of assets between Jaypee Infratech and its parent company Jaiprakash Associates. The Supreme Court on Monday refused to lift stay on a part of its September 4 order that had restrained ...

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Allahabad HC orders legal team to visit Gorakhpur hospital, inspect infrastructure

This comes weeks after more than 60 children died at the hospital in a span of five days allegedly due to lack of liquid oxygen. The government has maintained that the children died due to medical causes, including Japanese Encephalitis. ...

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