Construction industry

Simplex Infra gets shareholders' nod to raise Rs 200 crore

Engineering firm Simplex Infrastructures Ltd on Thursday said it has received shareholders' nod to raise up to Rs 200 crore by issuing non-convertible debentures on private placement basis.

Sep 22, 2016, 19:39 PM IST

Policy for payment of construction firms' debt by agencies

 With an aim to revive construction industry, NITI Aayog is working on a policy to enable various government agencies to pay back debt of their contracting companies directly to the financial institutions or banks.

Aug 19, 2016, 13:58 PM IST

Housing for All may boost economy by 3.5% by 2022: Ind-Ra

Prime Minister Narendra Modi's ambitious project Housing For All has the potential to push up the country's economy by 3.5 percent by 2022 with sectors supplying crucial inputs to the construction industry being the biggest beneficiaries, says India Ratings.

 

Nov 26, 2015, 20:29 PM IST