Never ending NH woes
Thiruvananthapuram: With the National Highw-ay Authority of India suspending the survey to widen NH 47 in Karunag-apally in the last week of December 2012, because of public opposition, land acquisit
GMR Infrastructure reports Rs 94 crore net loss
GMR Infrastructure on Friday reported a consolidated net loss of Rs 94 crore for the quarter ended June 30, 2012, mainly on account of losses at DIAL and one-time tax asset reversal at GVPGL (Vemagiri
Rs70 crore fraud in World Bank funded highway projects: Report
World Bank issued a report stating the ‘fraudulent and corrupt’ practices employed by private contractors working on Indian highway projects, funded by the bank.
The Bank estimates malpractices sums
IVRCL arm bags Rs.1,300 crore highway project
Infrastructure firm IVRCL Ltd on Monday said its subsidiary, IVRCL Assets and Holdings Ltd, has bagged a Rs.1,300 crore project from the National Highway Authority of India for widening and strengthen