Search Results for: infrastructure bonds

govt-creating-shelf-of-500-ready-to-launch-projects-for-infrastructure-growth-nitin-gadkari

Govt creating shelf of 500 ready-to-launch projects for infrastructure growth: Nitin Gadkari

New Delhi, Dec 09 (ANI): Transport Minister Nitin Gadkari on Monday said that the government was creating a shelf of 500 ready-to-launch projects to bolster infrastructure in the country and will start necessary processes soon. Addressing an Infrastructure summit, organised by Indo American Chamber of Commerce (IACC) in New Delhi, Gadkari said that out of 2, 80, 000 crore rupees worth of projects, 1, 80, 000 crore rupees had already been put to use. Gadkari said that tenders would be given once all necessary processes were dealt with. The projects, he said, cost more than 3 lakh crore rupees. He added that the cabinet had taken a decision to make model agreement to solve discrepancies. He also said electronic toll system would be installed across India and suggested building more water ports, seaports and bus ports. Dec 9, 2014
bse-closes-points-115-61-down-on-dec-2

BSE closes points 115.61 down on Dec 2

New Delhi, Dec 2 (ANI): Trading at the Bombay Stock Exchange today closed 115.61 points down to stand at 28,444.01. At the National Stock Exchange the Nifty closed 31.20 points down to stand at 8,524.70. BEL and WOCKPHARMA were among the top gainers of Group A with an increase of 10.36% and 9.88% along with SPARC and RAYMOND with an increase of 9.61% and 8.98% respectively, while the top losers of Group A include KAILASH and INFRATEL with a decrease of 4.97% and 4.87% along with SREI INFRASTRUCTURE FINANCE LTD and BALRAMPUR CHINI MILLS LTD with a decrease of 4.46% and 4.22% at the close of the markets. The Auto sector is down 198.55 points at 19,082.11 while the banking sector is up 26.23 points at 21,248.52 and the reality sector is up 1.45 points at 1,674.03. The Indian currency is up 0.23% at Rs 61.88 per dollar. Dec 2, 2014
bse-closes-points-52-72-up-on-nov-27

BSE closes points 52.72 up on Nov 27

New Delhi, Nov 27 (ANI): Trading at the Bombay Stock Exchange today closed 52.72 points up to stand at 28,438.91. At the National Stock Exchange the Nifty closed 18.45 points up to stand at 8,494.20. STAR and JET AIRWAYS were among the top gainers of Group A with an increase of 6.68% and 5.82% along with BHEL and SREI INFRASTRUCTURE FINANCE LTD. with an increase of 5.38% and 5.37% respectively, while the top losers of Group A include CROMPTON GREAVES LTD. and KAILASH with a decrease of 6.11% and 5.00% along with RASOYA PROTEINS LTD and PIIND with a decrease of 4.74% and 3.78% at the close of the markets. The Auto sector is up 65.15 points at 18,852.29 while the banking sector is up 34.34 points at 20,620.69 and the reality sector is down 5.05 points at 1,655.68. The Indian currency is up 0.04% at Rs 61.87 per dollar. Nov 27, 2014
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Japan helps to accelerate economic activity in ASEAN

Myanmar/ Malaysia, Nov 25 (ANI): Myanmar has become a new investment destination. The rapid economic growth and rise in per capita income in the country has generated a demand for payments through credit cards. In order to construct a cashless electronic retail payment environment, Myanmar Payment Union (MPU) was established by the Central Bank of Myanmar with 17 local banks to promote the acceptance and issuance of payment cards in the country. MPU started the first ATM card payment system interconnecting through the local banks, with issuing the MPU Debit card in 2012. JCB, a major global payment brand based in Japan, has partnered with MPU and promotes the development of payment infrastructure at a rapid pace. However, the challenges still remain in social infrastructures such as stable electricity and tele-communication. Nov 25, 2014
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