Asian Surveying & Mapping
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United Arab Emirates to launch bold asteroid mission in 2028
The United Arab Emirates (UAE) has set its sights...
WAFA: “Work of Palestinian land surveyors in Masafer Yatta interrupted by Israeli settlers”s”
HEBRON – Extremist Israeli settlers attacked a number of...
Ola acquires geospatial company GeoSpoc
Ola has acquired GeoSpoc, a six-year-old Pune-based geospatial company....
New UAE space mission will orbit Venus and land on an asteroid
The United Arab Emirates is setting a course for...
Britain’s space programme has been hit by Brexit, with FIVE concerns to be resolved before launch.
BREXIT BRITAIN’S SPACE STRATEGY has been slammed, with this...
Nobel Prize for physics winner shaped ground-breaking Earth-observing mission
This year's Nobel Prize in Physics laureate Klaus Hasselmann...
China deepens application use for BeiDou technology to build an integrated industrial ecosystem
As China has continuously deepened the application of the...
PM Modi launches India’s first private space association
New Delhi: India will soon have policies on space communication...
Hong Kong Institute of Surveyors Building Surveyors Conference 2021
Navigating changes and challenges in surveying industry to enable...
Ladakh admin to use drones to help measuring inhabitant land under SVAMITVA scheme
The Ladakh administration will use drones to help measure 'Abadi...

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