Nikhil Construction Wins ₹363 cr Road Widening Project in Maharashtra
Harsh Malhotra reviews progress of Delhi Dehradun Expressway
Union Minister of State for Corporate Affairs, Road, Transport, and Highways, Shri Harsh Malhotra, reviewed the progress of the Delhi Dehradun Expressway with NHAI officials and local representatives. He expressed satisfaction
Premium Residential Market Sees Price Hikes Led by Gurugram & NOIDA
The premium residential market in major cities is experiencing notable price increases, with Gurugram leading with a 53% rise, followed by NOIDA, according to Savills India. North Goa, a popular second-home location, saw a
Godrej Properties to Develop 11-Acre Project in Hinjewadi Pune
Godrej Properties plans to develop an 11-acre land parcel in Hinjewadi, Pune, comprising group housing and high street retail. The project, with a developable potential of approximately 2.2 million sq. ft., is expected to
Railway Minister Announces ₹1 Lakh Cr Worth of Projects for Odisha
Railway Minister Ashwini Vaishnaw announced that new railway projects worth ₹1 lakh crore will be implemented in Odisha over the next five years. The Union minister highlighted that the railway budget allocation for Odisha has
ICICI Lombard Launches Surety Insurance to Boost Infrastructure Sector
ICICI Lombard, a leading private general insurance company in India, has introduced Surety Insurance to support the country's growing infrastructure sector. This product aims to mitigate risks and align with India's goal of becoming
CtrlS Datacenters Announces Major Expansion in Kolkata
CtrlS Datacenters Ltd, Asia's largest Rated-4 datacenter operator, is set to expand in Kolkata with a ₹2,200 crore investment. The company plans to develop AI-ready datacenters and an advanced network ecosystem to support
Concorde Acquires Land for Residential Complex on Sarjapur Road Bengaluru
Concorde, a leading real estate developer in Bengaluru, has acquired a 1.6-acre land parcel on Sarjapur Road to develop a premium residential complex valued at ₹200 crores. Facilitated by Colliers India, the acquisition represents
North Central Railway Floats Tender for ROB Construction in Prayagraj
North Central Railway has issued a tender for the construction of two-lane Road Over Bridges (ROBs) between Etah-Barhan section in the Prayagraj division. One ROB, replacing Level Crossing No. 25 at km 21/0-01, is estimated to cost
BHEL Wins ₹13,300Cr Order for 1,600 MW Thermal Power Plant in Jharkhand
BHEL has won a ₹13,300 crore order from Damodar Valley Corporation (DVC) to set up a 1,600 MW thermal power plant in Koderma, Jharkhand. DVC finalized the tender for the engineering, procurement, and construction (EPC) package of
Megha Engineering & Infrastructure Wins ₹12,800 Cr Nuclear Project
Megha Engineering & Infrastructure Ltd (MEIL) has emerged as the lowest bidder for a ₹12,800 crore contract, the highest-value tender ever issued by the Nuclear Power Corporation of India (NPCIL). The project involves constructing two
Afcons Infrastructure Wins ₹1,141 Cr Kochi Metro Contract
Afcons Infrastructure has secured a ₹1,141.32 crore contract for the construction of the Pink Line under package KBC3 of the Kochi Metro Phase 2 Project. The company will design and construct an elevated viaduct and 10 elevated
ITD Cementation India Secures ₹1,082 Cr Marine Contract in Gujarat
ITD Cementation India has secured a marine contract worth approximately ₹1,082 crores in Gujarat. The project involves constructing a third berth (Jetty) and additional specified works at the Dahej LNG terminal.
MoHUA Approves ₹860.35 Cr for West Bengal Under SBM-U 2.0
The Ministry of Housing and Urban Affairs (MoHUA) has approved proposals worth ₹860.35 crores for West Bengal under the Swachh Bharat Mission-Urban 2.0 (SBM-U 2.0). Compared to the ₹911.34 crores allocated during the first phase of SBM-U
NHAI Sets Up DPR Cell to Enhance National Highway Project Standards
To ensure the highest construction standards, cost-effectiveness, and timely completion of National Highway projects, the National Highways Authority of India (NHAI) has established a Detailed Project Report (DPR) cell at its headquarters
NPG Reviews ₹19,421 Cr Infrastructure Projects
The Network Planning Group (NPG) has evaluated eight major infrastructure projects, including two from the Ministry of Railways and six from the National Industrial Corridor Development Corporation (NICDC), DPIIT.
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
