Asian Surveying & Mapping
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NEA AND SLA SIGN MOU TO SHARE GLOBAL NAVIGATION SATELLITE SYSTEM (GNSS)-DERIVED MOISTURE DATA FOR WEATHER MONITORING APPLICATION
Singapore – The National Environment Agency (NEA) and the Singapore...
UAE to develop SAR satellite constellation for remote sensing
The UAE Space Agency, on Monday announced a new...
China launches new group of remote sensing satellites
XICHANG - China successfully launched a new group of...
Google Maps finally launches Street View in India, everything we know so far
15 years after it first launched, Google Maps finally...
GeoSLAM tech deployed on large-scale urbanisation project
GeoSLAM’s handheld LiDAR technology has been utilised to document...
ISRO Chief Reports Centre’s Intentions To Open Public-private Partnership To Strengthen Space Industry
ISRO chief S Somanath has said that the government...
China Launches A Global Naming Search For Its Newest Solar Observatory; Will Orbit Earth Every 90 Minutes
The Chinese Academy of Sciences (CAS) has launched a...
SpaceX launches 46 satellites into low-Earth orbit
SpaceX launched the most recent set of 46 Starlink...
Isro launches GISAT-1 satellite, says mission could not be ‘fully’ accomplished
The satellite was launched on a geosynchronous satellite launch...
Franco-Japanese Space Cooperation Focused on Exploration, Earth Observation and Next-gen Launchers
PARIS — The week of June 27, 2022, on the...

January 26th, 2014
Indian Infrastructure Companies in Deep Crisis

Infrastructure companies are headed for a dire financial crisis owing to slow project execution, drying credit lines and lower government spending on new projects — a scenario that has a ripple effect on an already slowing economic growth in the country. “The recent increase in construction companies opting for corporate debt restructuring (CDR) would lead to financial institutions reworking their strategies. On Tuesday, Hyderabad-based IVRCL Infrastructure has announced its plans to seek debt restructuring, joining an expanding club of highly leveraged infrastructure companies that have sought lifeline from financial institutions. Read More