Search Results for: infrastructure bonds

india-hopes-for-early-resolution-of-legal-tussle-of-gmr-group-with-maldivian-government

India hopes for early resolution of legal tussle of GMR group with Maldivian government

New Delhi, Jan 1 (ANI): The Ministry of External Affairs has hoped for a resolution of issues between infrastructure firm, GMR and Maldivian government, with both at loggerheads over the Male airport issue. The new President of Maldives Abdulla Yameen Abdul Gayoom would visit India from January 01 to 04. President Gayoom would be accompanied by a high level delegation. GMR, a subsidiary of Bangalore-based GMR Infrastructure limited has been given seven days to leave the Indian Ocean island chain. In 2012, Maldives cancelled its biggest foreign investment project, a $511 million deal with Indian firm GMR Group to develop its international airport, raising questions over the future of foreign investment in the islands renowned for luxury resorts. MEA spokesperson, Syed Akbaruddin said that it was important for both GMR and the government of Maldives to resolve their issues. Akbaruddin added that Maldives and India were committed for improving their bilateral relations. Jan 1, 2014
slums-stand-between-lagos-and-megacity-ambitions

Slums stand between Lagos and megacity ambitions

With a population of 20 million that is projected to reach 30 million by 2025, Lagos has become a true megacity. A massive infrastructure project is underway to ease the gridlock but standing in the way of progress are numerous slums. Duration: 02:35 Dec 19, 2013
mukesh-ambani-announces-rs-2500-crore-investment-for-digital-infrastructure

Mukesh Ambani announces Rs. 2,500 crore investment for digital infrastructure

Mohali, Dec 10 (ANI): Business tycoon, Mukesh Ambani has announced an investment of Rs. 2,500 crore for the setting up of digital infrastructure in Punjab. Ambani also announced that Reliance Foundation will partner with Punjab in promoting sports, specially basketball in schools. Ambani said this while attending the Progressive Punjab Summit in Mohali, along with global steel giant, Arcelormittal CEO, Lakshmi Mittal and Chief of Punjab, Prakash Singh Badal. Further addressing the summit, Ambani declared his future plan of connecting to 147 towns. Ambani also talked about creating employment for the people. Dec 10, 2013
nigeria-u-17-world-cup

India to Host 2017 U-17 FIFA World Cup

India have been awarded the hosting rights for the 2017 FIFA U-17 World Cup, with the decision taken at the FIFA Executive Committee meeting in Brazil on December 4 and 5. Dec 6, 2013
israeli-hacking-school-trains-cyber-warriors

Israeli hacking school trains cyber warriors

Three hooded hackers hunch over their computer screens in the control room at Israel's new state-of-the-art "Cyber Gym", where IT and infrastructure company employees train to defend against cyber attacks. Duration: 01:00 Dec 2, 2013
bse-closes-points-145-83-up-on-november-28

BSE closes points 145.83 up on November 28

New Delhi, Nov 28 (ANI): Trading at the Bombay Stock Exchange today closed 145.83 points up to stand at 20,566.09. At the National Stock Exchange the Nifty closed 34.75 points up to stand at 6,091.85. Coromandel International Ltd. and Suzlon Energy Ltd. were among the top gainers of Group A with an increase of 9.02% and 8.76% along with Adani Enterprises Ltd and Dish TV India Ltd. with an increase of 8.65% and 8.33% respectively, while the top losers of Group A include Nestle India and GMR Infrastructure Ltd. with a decrease of 4.24% and 3.55% along with Torrent Power Ltd. and Pipavav Defence and Offshore Engineering Company Ltd. with a decrease of 3.47% and 3.44% at the close of the markets. The Auto sector is up 43.93 points at 12,306.41, while the banking sector is up 12.60 points at 12,455.21 and the realty sector is down 18.44 up at 1,335.76. The Indian currency is down 0.37% at Rs 62.37 per dollar. Nov 28, 2013
poor-wont-be-quenched-with-just-roads-and-airports-rahul-gandhi

Poor won't be quenched with just roads and airports: Rahul Gandhi

Pushkar (Ajmer), Nov 25 (ANI): Addressing a public rally in Pushkar, Ajmer on Monday, Congress Vice President Rahul Gandhi said that it is good that roads and airports and other infrastructure are being constructed, but that won't quench the poor people of the country. He further said that BJP leader claims medicines given by Congress as poisonous, but instead it's the mentality of the opposition, which is venomous. Gandhi also said that BJP's mentality is to create tensions between different religions and caste. Nov 25, 2013
aligarh-university-students-carry-forward-tradition-of-communal-harmony

Aligarh University students carry forward tradition of Communal Harmony

Aligarh, Nov 18 (ANI): Aligarh is situated in northwest part of India's northern state of Uttar Pradesh. The city is the seat of Aligarh University, whose foundation is laid on compassion, accord and harmony. This can clearly be seen during competitions organised in the university in which students belonging to different religions, participate enthusiastically. The students spend most of their time together, and create strong bonds of friendship among themselves. Such institutions provide a perfect example of the spirit of tolerance and acceptance of differences, which is a key feature of India's culture. And, their efforts to keep this ethos alive go a long way in strengthening the social fabric of India that is made up of diverse strands. Nov 18, 2013
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