Company BackgroundLIC Housing Finance Ltd. (LICHFL) is one of the largest housing finance companies in India having its registered and corporate office in Mumbai. Life Insurance Corporation of India holds founder, promoter & controller status in LIC HFL Company since 1989. The core business of t...
“You and I come by road or rail, but economists come by infrastructure,” Margaret Thatcher, Britain’s longest-serving prime minister and the first woman elected to that office had observed while highlighting the role of infrastructure in a nation’s life. For economists rail and roads are not...
By July 2018, India had the world’s second largest internet user base with over 44.6 crore smart phones and 56 crore internet users. Although it started with telegrams, the major segments of communications in India today include telephone, internet and television broadcasts. The sector is growing ...
The infrastructure sector in India is slowing down. BE’s Kishore Kumar Biswas and Tushar K. Mahanti spoke to Hemant Kanoria, Chairman, Srei Infrastructure Finance Limited, regarding the PPP model in infrastructure and the role of NBFCs.Q. Infrastructure growth has slowed down in recent month...
Absence of electricity has been an inherent feature of rural India. It has led to low infrastructure and poor communication services in rural India. However, according to government reports, the situation has improved in the last few years. Electricity production in India reached its highest level o...
Airports being the nuclei of myriad economic activities assume a significant role in the economy of a nation. The quality of airport infrastructure, which is a vital component of the overall transportation network, contributes directly to a country's international competitiveness and towards the flo...
With an estimated population of 377 million and an annual exponential growth rate (AEGR) of 2.76% (2001-2011), urban India is in the midst of a major churn.India’s urban growth is largely concentrated in large cities. The number of cities with a population exceeding one million has increased from ...
According to the latest Census, 66.46% of the country’s population reside in around 6.4 lakh villages in India. According to many economists, rural infrastructure is vital for the country's economic growth. Typically, rural infrastructure encompasses roads, major dams and canal works for irrigatio...
The Inland Waterways Authority of India (IWAI), works for the development and maintenance of national waterways. Amita Prasad, Chairperson of IWAI, spoke to BE’s Ellora De regarding infrastructure creation in inland waterways in India.Q. The Budget 2019-20 increased allocation towards Inland Water...
The establishment of metro rail has been treated as a panacea for solving transport problems in Indian metropolitan cities. As a low carbon emitting, safe and speedy public transport system, metro rail has emerged as a popular mode of transport in many Indian cities. There are currently 13 operation...