M'rashtra turns to ADB to fund corridor project
KONE Elevator India Expands with New Office in Kalyan, Maharashtra
KONE Elevator India, a subsidiary of KONE Corporation, is set to enhance its presence with a new office in Kalyan, Maharashtra. Strategically located at 402/403, Seasons Business Centre, Shivaji Chowk, the office underscores KONE's
SANY India Partners with Union Bank of India for Better Customer Support
SANY India, a leading construction equipment manufacturer, has signed a Memorandum of Understanding (MoU) with Union Bank of India to enhance growth opportunities nationwide. The partnership aims to offer improved financial support to
ICRA Forecasts Improved Margins for Asbestos Roofing Players
ICRA projects a 100-200 bps increase in PBIT margins to 8-9% for asbestos-based roofing players in FY2025 and FY2026. This growth is supported by steady volume increases and marginal improvements in realizations. However, rising
Gujarat Government Bolsters Energy Security with Strategic Partnership
In alignment with Prime Minister Narendra Modi's vision for inclusive growth and self-reliance in the power sector, the Government of Gujarat has launched an initiative to enhance the state's energy security. Signed on June 25
Eicher Achieves Milestone by Rolling Out 50,000th Fully Built Bus
Eicher Trucks & Buses, a unit of VE Commercial Vehicles, has marked a significant achievement with the rollout of its 50,000th fully factory-built bus from the Baggad Plant in Madhya Pradesh. The milestone vehicle, an Eicher Skyline Pro
Wipro 3D & Nikon SLM Solutions Partner to Boost Additive Manufacturing in India
Wipro 3D and Nikon SLM Solutions have joined forces to accelerate the adoption of Additive Manufacturing in India. This strategic collaboration leverages Wipro 3D’s infrastructure and expertise alongside Nikon SLM Solutions’
KEC International Secures ₹1,025 Cr Orders for T&D & Cables
KEC International Ltd., an RPG Group company and global infrastructure EPC major, has secured new orders worth ₹1,025 crores in its Transmission & Distribution (T&D) and Cables businesses. The T&D projects include a 765 kV GIS
Nitin Gadkari Supports NHAI's GNSS Technology Based Tolling System
To ensure a seamless tolling experience on National Highways, Indian Highways Management Company Limited (IHMCL), promoted by NHAI, organized an international workshop in New Delhi on ‘Global Navigation Satellite System (GNSS) based
7,160 Projects Completed Under Smart Cities Mission
The Ministry of Housing and Urban Affairs announced that 7,160 projects worth ₹1,43,778 crore have been completed under the Smart Cities Mission. Additionally, 854 projects worth ₹20,392 crore are in advanced stages of completion
JK Cement Commissions New Grinding Unit at Prayagraj Plant
JK Cement has commissioned a new grinding unit at its Prayagraj Plant in Uttar Pradesh, achieved in under ten months. This 2 MTPA Clinker Grinding unit increases the company's capacity from 22 MTPA to 24 MTPA, enhancing its ability to
L&T Secures Major Solar and Battery Storage Project in Bihar
Larsen and Toubro's (L&T) power transmission and distribution vertical has secured a significant order to build a grid-connected solar plant with a battery energy storage system (BESS) in Kajra village, Lakhisarai district, Bihar
Vikram Infratech Wins ₹204.81 cr Road Upgradation Project in Ratnagiri
Vikram Infratech Developers has been awarded a road upgradation project in Ratnagiri by the Maharashtra State Infrastructure Development Corporation. The EPC contract, valued at ₹204.81 crore, has a 30-month construction timeline
Sanghvi Movers Secures Orders Worth Over ₹180 Crore
Sanghvi Movers has received two significant work orders totaling over ₹180 crore. The first order is from an independent power producer in the renewable energy sector. It involves providing turnkey solutions, including project
ACE Partners with Bank of Baroda for Construction Equipment Financing
ACE – Action Construction Equipment Ltd., a leading construction equipment manufacturer in India, has signed a Memorandum of Understanding (MoU) with Bank of Baroda to offer financing solutions for construction equipment businesses
Shree Cement Achieves 1 GW Power Capacity with New Solar Plant
Shree Cement Ltd has reached a significant milestone of 1 GW (1,000 MW) of installed power capacity. This was achieved with the commissioning of a 19.5 MW solar power plant at its manufacturing unit in Andhra Pradesh.
Tamil Nadu Extends CM's Rural Road Development Scheme
Tamil Nadu Chief Minister M K Stalin has announced a two-year extension of the Mudalvarin Grama Saalaigal Membattu Thittam (CM’s Rural Road Development Scheme). The extended initiative will focus on upgrading, strengthening, and
Waaree Energies to Supply Solar Modules for 412.5 MW Project in Rajasthan
Waaree Energies Limited, India's largest solar PV module manufacturer with an installed capacity of 12 GW, has secured a major contract from Juna Renewable Energy Private Limited, a subsidiary of ACCIONA Energy. The contract
Prices of under-construction projects increase 15.2% QoQ in 13 cities
Between April and June 2024, residential supply saw the highest growth rate in the last 24 months, driven by the rising availability of under-construction properties, according to Magicbricks' latest PropIndex Report
Bengaluru Metro Submits Hebbal-Sarjapur Corridor Plan for Approval
Bengaluru Metro Rail Corporation (BMRCL) has submitted the detailed project report (DPR) for the Hebbal-Sarjapur metro corridor to the Karnataka government for approval. If approved, the plan will be forwarded to the Union government
