PM grants Rs.1,000 crore relief for flood-hit KarnatakaOctober 10th, 2009 BANGALORE - Prime Minister Manmohan Singh Saturday undertook an aerial survey of the flood-hit areas in Karnataka and announced an immediate central aid of Rs.1,000 crore. After an aerial survey of Raichur and adjoining areas in north Karnataka, the worst affected in the Sep 30-Oct 2 rains and flashfloods, Manmohan Singh said further assistance would be considered after a central team assesses the damage.
Railway earnings up 6.65 percent in first halfOctober 7th, 2009 NEW DELHI - Despite the economic slowdown, Indian Railways saw its earnings rise 6.65 percent to Rs. 40,910 crore during the first half year of this fiscal ended Sep 30 from Rs.38,358 crore in the like period of last fiscal.
Landslide, heavy rain delay Konkan Railway trainsOctober 2nd, 2009 PANAJI - A minor mudslide and heavy rain in Goa and north Karnataka have disrupted Konkan Railway services, with four trains including a Delhi-bound Rajdhani Express being "delayed temporarily", a railway spokesperson said. Three Goa-bound trains from Karnataka and Kerala, and the Delhi-bound Thiruvananthapuram-New Delhi Rajdhani express have been halted at the Bhatkal railway station in north Karnataka.
India's longest railway bridge nearing completion at KochiJuly 18th, 2009 KOCHI - The country's longest railway bridge, at 4.62 km, is fast nearing completion and will be opened in November, an official said here Saturday. The bridge, to connect the International Container Transshipment Terminal (ICTT) at Vallarpadam with Edapally near here, has been constructed in the Kochi backwaters.
Idea Cellular to invest Rs.1,000 crore in Tamil NaduJuly 9th, 2009 CHENNAI - Telecom major Idea Cellular will invest Rs.1,000 crore ($205 million) over the next three years in Tamil Nadu to expand its network, a top company official said Thursday. "The company will invest Rs.1,000 crore to expand its cell sites to 2,400 by 2010 and presence to 1,200 towns in the state.
Maytas Infra retains Karnataka airport contractsJuly 7th, 2009 MUMBAI - The Karnataka government has retained Maytas Infra, a company run by the family of former Satyam chairman B. Ramalinga Raju, as the developer for two greenfield airport projects at Gulbarga and Shimoga.
BJD activists disrupt rail traffic in OrissaJuly 7th, 2009 BHUBANESWAR - Rail services were affected at various places in Orissa Tuesday following demonstrations at railway stations by the youth wing of the ruling Biju Janata Dal (BJD) to protest the alleged neglect of the state by the central government in the railway budget. Although the demonstrations were peaceful, railway officials said the movement of trains was affected as protesters sat on the tracks in some places for nearly two hours.
Raw deal for Karnataka in rail budget: Chief ministerJuly 3rd, 2009 BANGALORE - The rail budget for the current fiscal has failed to benefit Karnataka as sufficient funds were not allocated for the ongoing projects in the state, Chief Minister B.S. Yeddyurappa said Friday.
Rs.13,397 crore for road projects in Kashmir, northeastJune 30th, 2009 NEW DELHI - The ministry of road transport and highways has earmarked Rs.13,397.2 crore for road projects in Jammu and Kashmir and northeastern states, it said Tuesday while releasing its 100-day agenda. The ministry has also set time lines for 30 projects so that they will be executed on fast track.
GAIL to invest Rs.7,500 crore to build two pipelinesJune 26th, 2009 NEW DELHI - State-run gas major GAIL India will invest Rs.7,500 crore ($1.5 billion) to develop two major pipelines in southern India, the company said Friday. Of this investment, Rs.4,500 crore would be spent on the 1,389-km Dabhol-Bangalore pipeline, which would have a capacity of 16 million standard cubic metres a day (mmscmd), a company statement said.
JSW Steel to invest Rs.3,000 crore in 2009-10April 22nd, 2009 NEW DELHI - JSW Steel, one of the leading steel makers in the country, will invest Rs.3,000 crore in 2009-10 to expand its production capacity, a top official said here Wednesday. 'We are planning to invest Rs.3,000 crore in the current financial year to expand our production capacity,' Sajjan Jindal, vice-chairman and managing director of JSW Steel, told reporters on the sidelines of a business meet.
Karnataka CM Yeddyurappa slams Rahul GandhiApril 18th, 2009 BANGALORE - Karnataka Chief Minister B. S. Yeddyurappa on Saturday slammed Congress General Secretary Rahul Gandhi for his announcement that the Central Government would grant Rs.
Rs.3.5 bn sanctioned for new rail track in Himachal PradeshFebruary 27th, 2009 SHIMLA - The central government has sanctioned over Rs.350 crore (Rs.3.5 billion) for the proposed Bhanuppali-Bilaspur railway line in Himachal Pradesh, Chief Minister Prem Kumar Dhumal said in the state assembly Thursday. 'The Railways informed us (the government) yesterday that Rs.350.33 crore has been sanctioned for starting work on first 20-km stretch of the railway line,' Dhumal said while making a suo-motu statement.
Orissa neglected in interim railway budget: PatnaikFebruary 12th, 2009 BHUBANESWAR - Orissa has been neglected in interim railway budget presented by Railways Minister Lalu Prasad in Parliament Friday, Orissa Chief Minister Naveen Patnaik said here. 'I am disappointed as Orissa has been neglected,' Patnaik told reporters here, adding that only one new express train was proposed to be introduced in the state in 2009-2010.
Indian government to launch Rs.1,000-bn infrastructure projectsJanuary 7th, 2009 CHENNAI - Following the announcement of two stimulus packages, the Indian government is all set to kickstart massive infrastructure projects worth Rs.1,000 billion (Rs.1 lakh crore/$20 bn), Minister of State for Industry Ashwani Kumar said here Thursday. 'Infrastructure projects worth Rs.1,000 billion (Rs.1 lakh crore) will be started in 100 days.