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Finance Minister Pranab Mukherjee unveils a slew of measures to spur infrastructure investment aiming to propel the economy on an over 9 per cent growth trajectory.

 
 
Ansal API said the private equity firm will pick a 26% stake in the company for Rs 200 crore and enter a JV to set up a residential township project in Gurgaon.
The sector is seeking tax sops, relaxation of foreign direct investment (FDI) norms and lower interest rates to give sales a boost.
Even company's like Steel Authority of India, which have captive mines, have to import coking coal which is a key input in manufacturing steel.
The company posted a consolidated net profit of Rs 1,262.97 crore for the October-December quarter helped by higher production and sales of the key construction material.
 
 
The company had  registered a net profit of Rs 9.20 crore in the October-December quarter last fiscal, GMR Infra said in a filing to the Bombay Stock Exchange.
The real estate firm settled the entire amount it had borrowed from a clutch of investors in three tranches, 17 days ahead of the deadline set by Delhi High Court.
The consolidated sales during the October-December quarter, however, increased 22.42 per cent to Rs 2,479.93 crore from Rs 2,025.77 crore in the year-ago period.
Following the announcement, shares of Siemens skyrocketed 19.30 per cent to touch an early-high of Rs 867.95 on the Bombay Stock Exchange (BSE).
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