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448 infra projects report cost overrun of Rs 4.02 trn; 539 behind schedule


As many as 448 central sector infrastructure projects have reported a cost overrun of over Rs 4.02 lakh crore as of February 21, 2021.
The monthly Flash Report by the Ministry of Statistics and Programme Implementation said that 539 projects are running behind schedule.
Total original cost of implementation of the 1,739 projects was Rs 22,18,210.29 crore and their anticipated completion cost is likely to be Rs 26,20,618.44 crore, which reflects overall cost overruns of Rs 4,02,408.15 crore (18.14 per cent of original cost), it said.
The expenditure incurred on these projects till January 2021 is over Rs 12.29 lakh crore, which is 46.92 per cent of the anticipated cost of the projects. ....

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Gujarat Fluorochemicals reports consolidated net loss of Rs 480.43 crore in the December 2020 quarter

Gujarat Fluorochemicals reports consolidated net loss of Rs 480.43 crore in the December 2020 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Nifty hits 14,500 mark; breadth remains strong

Read more about Nifty hits 14,500 mark; breadth remains strong on Business Standard. The equity barometers continued their uptrend in mid-afternoon trade with the Nifty touching 14,500 mark. Firm global cues and robust FII inflows in domestic equities boosted sentiment. At 14:28 IST, the barometer index, the S&P BSE Sensex, surged ....

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