Stay updated with breaking news from Infra Projects. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Indian government is considering changes to the Insolvency and Bankruptcy Code (IBC) to give insurers the same status as banks in cases of default in infrastructure projects. Currently, surety bonds issued by general insurance companies do not provide the same recourse for recovery as bank guarantees.
Shares of NCC, which hit a low of Rs 146.10 earlier today, erased entire losses. It hit a high of Rs 151.85, up 3.94 per cent from day's low. The stock eventually closed the day at Rs 149.95, up 0.30 per cent.
Bhubaneswar: The Bhubaneswar Municipal Corporation (BMC) is planning to create its own land pool to help expedite infrastructure development in the ci.
Defence Minister Rajnath Singh will be on a day-long visit to Jammu on Tuesday where he will virtually inaugurate 90 projects of the BRO and attend the North...
Defence Minister Rajnath Singh emphasized the importance of civil-military fusion and the unity of political parties in safeguarding the nation. He praised the Border Roads Organisation (BRO) for completing infrastructure projects along the borders and inaugurated 90 more projects worth Rs 2,941 crore. Singh stated that the responsibility of protecting the country lies not only with the armed forces but also with civilians. He also highlighted the BRO's role in the socioeconomic development of far-flung areas and commended their dedication and hard work.