Slippery road for hybrid annuity model

[ad_1] From 34 km per day in FY24, the pace of national highway construction is expected to slow to 31 km per day. Credit rating agency CareEdge Ratings expects the execution pace to decline by 7-10 per cent year-on-year —...

GPT Infraprojects bags ₹487-cr contract; shares up 11.12%

[ad_1] GPT Infraprojects Limited’s shares were up by 11.12 per cent after the company secured a contract valued at ₹487 crore from Central Railway, Mumbai. The contract entails the construction of a new broad-gauge line from chainage 52500 to 83200...

FBI launches criminal investigation into Baltimore bridge collapse

[ad_1] Probe will examine circumstances leading up to cargo ship’s collision with the Francis Scott Key Bridge, sources say.The Federal Bureau of Investigation (FBI) has opened a criminal investigation into the collapse of a Baltimore bridge last month, the United...

High valuation has not stopped Indian market performance: Vafa Ahmadi, CPR Asset Management

[ad_1] Investors in India are warming up to thematic investment, going by the recent trend in inflows. However, it is an established practice globally, especially among well informed investors. SBI Funds Management’s joint venture partner Amundi, the world’s fifth-largest asset...

443 infra projects hit by cost overrun of ₹4.92 lakh crore in Feb

[ad_1] As many as 443 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by a cost overrun of more than ₹4.92 lakh crore in February 2024, an official report stated.According to the Ministry of Statistics...

443 infra projects hit by cost overrun of ₹4.92 lakh crore in Feb

[ad_1] As many as 443 infrastructure projects, each entailing an investment of ₹150 crore or above, were hit by a cost overrun of more than ₹4.92 lakh crore in February 2024, an official report stated.According to the Ministry of Statistics...

45 killed as bus plunges off bridge in South Africa

[ad_1] NewsFeedAn 8-year-old girl is said to be the sole survivor of a bus crash in South Africa that killed at least 45 people when the vehicle plunged off a bridge into a ravine.Published On 29 Mar 202429 Mar 2024...

Massive fire kills dozens in Dhaka restaurant building

[ad_1] NewsFeedAt least 46 people have died after a massive fire spread through a multi-storey building housing restaurants in Dhaka. The cause of the fire is still under investigation.Published On 1 Mar 20241 Mar 2024 [ad_2] Crime Today News |...