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A worker sitting inside a crane is silhouetted against the setting sun at the construction site of a commercial complex in Noida

LIC, IL&FS sign pact for $2 bln infra debt fund
MUMBAI (Reuters) - Life Insurance Corp (LIC) and Infrastructure Leasing and Financial Services (IL&FS) on Friday signed a pact to set up a debt fund with a corpus of $2 billion to finance infrastructure projects in Asia's third-largest economy. IL&FS Financial Services Ltd, the investment banking arm of IL&FS, plans to initially raise $1 billion from international as well as domestic investors for

Africa needs infrastructure: WEF
Addis Ababa, Ethiopia, May 11 (IBNS) Infrastructure is the lifeblood of economic development and is critical to Africa's transformation. The needs are huge, the financing is available, but the risks are high, said the World Economic Forum (WEF).

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ITNL, IRB: Strong project pipeline enhances visibility
With ongoing projects getting commissioned and the road ministry setting higher targets, the two companies should be able to deliver robust growth

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Redistricting leads to ugly GOP vs. GOP races

Community and business leaders in affluent Seminole County talked about the promise of jobs and economic development from the new 61-mile commuter rail through Orlando. They praised the man who

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Sensex near 4-month lows; muted impact of RBI action

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Sensex falls to near 4-mth lows; RBI move fails to lift

The Sensex and the Nifty fell for a third straight session to notch its lowest close since January 16, as central bank measures to bolster the rupee had a muted impact and as fears grow about

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Infrastructure Videos

India to get multibillion doll...
India to get multibillion dollar loan from Japan for infrastructure projects

PM expects 9 percent growth in...
PM expects 9 percent growth in financial year 2011-12

India to achieve 8.5 percent g...
India to achieve 8.5 percent growth rate: PM

Meghalaya sets up IT companies...
Meghalaya sets up IT companies to boost infrastructure

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