Nagarjuna Construction Company has informed that it has won six new orders worth Rs 484 crore from various firms.
The company has bagged first order worth Rs 121 crore from Golden Jubilee Hotels, Hyderabad for construction of a 5 Star Deluxe Hotels at Madhapur, Hyderabad. The order is scheduled to be completed over a period of 15 months.
The second order, which is valued at Rs 111 crore has been secured from the CMD, M.P. Paschim Kshetra Vidyut Vitaran Co, Indore for different works. The contract will be completed over a period of 12 months.
Healthcare insurance business could not be expanded as per expectations due to the inefficient healthcare infrastructure of the country. Public private partnership should be encouraged to cover the large Indian population under health insurance cover. There is an immense need to improve the government health institutions and traditional health schemes. These views were expressed by the chairman of the Insurance Regulatory and Development Authority (IRDA), Mr. J. Hari Narayan, who was speaking at the Health Insurance Summit 2008 organized by the Confederation of Indian Industry (CII).
The Securities & Exchange Board of India (SEBI) is all set to allow exchange trading in corporate bonds. The step is aimed to help infrastructure to raise low-cost funds which would have long repayment period. It would help to bring transparency in the corporate bond market and attract investors to invest in long-term bonds. 
State-owned India Infrastructure Finance Company Ltd (IIFCL) has announced to raise Rs 10,000 crore through tax-free bonds in addition to the Rs 10,000 crore announced by the union government for infrastructure sector in the economic stimulus package. The amount would be used to refinance the bank loans that have been taken for various infrastructure projects. 
Under Rajeev Gandhi Grameen Vidyut Yojana, leading infrastructure and construction development company Maytas Infra Ltd has received Rs 222.25 crore contracts for four rural electrification works from state-run Power Grid Corporation of India Ltd.
In an attempt to start new infrastructure projects in India, Delhi-based realty company Parsvnath Developers, has finalized a tie-up with Constructora San Jose, a unit of Spain's infrastructure development company Grupo San Jose. Parsvnath and San Jose would hold equal equity in the joint venture company San Jose-Parsvnath Consortium. 
