While Indian infrastructure attracts investment, it often suffers cost and time overruns, and poor monitoring. The Bangalore Metro Rail Project, initially estimated to cost Rs 6,395 crore, is now likely to cost Rs 11,609 crore. Its first phase opens this month—five years after work began.
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Enterprise
‘Sufficient liquidity to cover debt requirements for 12 months’: Adani Group
The group’s cash reserves stand at ₹53,024 crore, amounting to 20.53% of gross debt, sufficient to cover the next 28 months of debt servicing requirements.
Hero-Zero electric motorcycle in advanced stage of development
Hero MotoCorp currently sells two electric scooters under the Vida brand.
SAP SE keen to tap India’s logistics and supply chain management sector
The cloud business is SAP’s new growth engine, and with nearly 14,000 customers in India, it eyes logistics and warehousing sector as its next frontier
Gautam Adani, nephew summoned by U.S. SEC over alleged bribery scheme
SEC has charged Gautam Adani, Sagar Adani and Cyril Cabanes, an executive of Azure Power, for conduct arising out of a massive bribery scheme
Enterprise
‘Sufficient liquidity to cover debt requirements for 12 months’: Adani Group
The group’s cash reserves stand at ₹53,024 crore, amounting to 20.53% of gross debt, sufficient to cover the next 28 months of debt servicing requirements.
Hero-Zero electric motorcycle in advanced stage of development
Hero MotoCorp currently sells two electric scooters under the Vida brand.
SAP SE keen to tap India’s logistics and supply chain management sector
The cloud business is SAP’s new growth engine, and with nearly 14,000 customers in India, it eyes logistics and warehousing sector as its next frontier
Gautam Adani, nephew summoned by U.S. SEC over alleged bribery scheme
SEC has charged Gautam Adani, Sagar Adani and Cyril Cabanes, an executive of Azure Power, for conduct arising out of a massive bribery scheme