Infrastructure Development Corp News Today

Globe Telecom Inc. on Thursday disclosed that it has reached another milestone in its P71-billion tower sale initiative, after closing another deal with Frontier Tower Associates Philippines Inc. In a regulatory filing, Globe said it has completed the sale of an additional 120 telecommunication towers to Frontier for P1.5 billion.…

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Activists suggest unsuitable construction methods may be the root cause of the disaster, noting that the use of dynamite and large drills in the sensitive Himalayan terrain causes landslides and tunnel collapses.

Activists suggest unsuitable construction methods may be the root cause of the disaster, noting that the use of dynamite and large drills in the sensitive Himalayan terrain causes landslides and tunnel collapses

Frustration in India after rescuers trying to save 41 workers trapped for eight days in a collapsed mountain tunnel run into snags in drilling.

DEHRADUN, India: Indian rescuers said on Saturday they had paused efforts to reach 40 men trapped in a collapsed road tunnel after a cracking sound created a panic situation over the possibility of a further cave-in.

LUCKNOW, India: Rescuers in northern India supplied food and medicine to 40 construction workers on Thursday as officials prepared to start drilling through the rubble to reach the men who have been trapped since a portion of the tunnel they were working on collapsed over the weekend.

Delhi High Court CENVAT Credit Refund Can’t Be Denied In Absence Of Self-Assessed Return Having Been Questioned, Reviewed Or Re-Assessed: Delhi High Court Case Title: BT (India) Private...

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the assessee, National Highways & Infrastructure Development Corp. India (NHIDCL), received funds in fiduciary capacity from the...

This follows the speed of road construction rising significantly in May and June after getting off to a slow start in April.