Tata Motors is looking to expand sales outlets in Tier II and Tier III cities in order to cater to the increased demand for its electric model range from such locations, according to a top company executive. The company, which ended the first quarter with sales of around 19,000 electric vehicle units, is… Continue reading Tata Motors to bolster sales infra as it looks to tap demand for EVs
Tag: infra
Centre suggests public servants to use Gati Shakti approach to plan infra
The PM Gati Shakti – National Master Plan (NMP) for multi-modal connectivity is a digital platform which seeks to ensure integrated planning and coordinated implementation of infrastructure connectivity projects across the country. The centre has suggested public servants in states to use PM Gati Shakti approach for planning modern infrastructure specially in districts, an… Continue reading Centre suggests public servants to use Gati Shakti approach to plan infra
Rapid infra modernisation; India to be developed nation by 2047: R K Singh
Union Power and New and Renewable Energy Minister R K Singh has stated that the swift modernisation of India’s infrastructure, encompassing roads, telecommunications, and electricity, will facilitate India’s transformation into a developed nation by 2047. The minister made this announcement during a press conference intended to spotlight the country’s infrastructure growth under the current… Continue reading Rapid infra modernisation; India to be developed nation by 2047: R K Singh
Irdai allows insurers to treat HDFC investment as one under infra sector
HDFC Bank: Despite merger, stock may remain sideways, caution analysts HDFC-HDFC Bank merger: The story behind success of housing finance behemoth HDFC Bank: Analysts see muted profit growth in Q4 amid higher provisions HDFC Bank stock’s re-rating still some time away, say analysts In HDFC Bank integration process, 70% of HDFC top executives to retire… Continue reading Irdai allows insurers to treat HDFC investment as one under infra sector
Covid lockdown, poor infra has hit Bihar govt schools badly: Survey
School education, particularly for children from underprivileged sections, suffered badly during the Covid-19 lockdown across the country. For states like Bihar, where schools were closed for prolonged periods, this has widened the inequalities in education. A survey released today has found that government schools in Bihar are woefully short of teachers and two-thirds… Continue reading Covid lockdown, poor infra has hit Bihar govt schools badly: Survey
Torrent enters e-mobility infra space; sets 4 charging stations in Gujarat
More cities will be added to the list in the near future, the company said. Torrent Power on Thursday said it has forayed into the electric mobility infrastructure segment with four charging stations in Gujarat. The first set of charging stations have been installed in Ahmedabad, Torrent Power said in a statement on… Continue reading Torrent enters e-mobility infra space; sets 4 charging stations in Gujarat
DPIIT hosts Vietnamese delegation to promote bilateral cooperation in Infra
The five-day visit of the delegation from July 31 to August 4 is a follow-up to an Indian delegation’s visit in March. The Department for Promotion of Industry and Internal Trade (DPIIT) has hosted a delegation from Vietnam to promote bilateral cooperation in the infrastructure and logistics sector, an official statement said on Wednesday.… Continue reading DPIIT hosts Vietnamese delegation to promote bilateral cooperation in Infra
State Bank of India raises Rs 10,000 crore via infra bonds at 7.54%
State Bank of India, the country’s largest lender, has raised Rs 10,000 crore through 15-year infrastructure bonds, priced at a finer rate of 7.54 per cent amid hardening yields due to a hawkish stance taken by the Japanese central bank. SBI executives said the yield was lower than the 7.7 per cent for… Continue reading State Bank of India raises Rs 10,000 crore via infra bonds at 7.54%
SBI’s infra bond response likely to lure lenders into tapping mkt: Bankers
Strong demand for infrastructure bonds sold by India’s largest lender could push other banks to tap the market, as appetite from long-term investors shows confidence, merchant bankers said on Monday. Earlier in the day, the State Bank of India (SBI) accepted bids worth 100 billion rupees ($1.22 billion) for 15-year bonds at… Continue reading SBI’s infra bond response likely to lure lenders into tapping mkt: Bankers
Shimla’s ex-Dy Mayor files FIR against NHAI, road building company GR Infra
Environmentalist, social activist and former Deputy Mayor of Shimla Municipal Corporation Tikender Singh Panwar has filed an FIR against the National Highway Authority of India (NHAI) and the four-lane building company GR Infra in Parwanoon Police station of Solan district of the state. A case has been registered for unscientific construction and violating… Continue reading Shimla’s ex-Dy Mayor files FIR against NHAI, road building company GR Infra