Search result for 'construction'

Track3D Raises $4.3 Million for Construction Tech Growth

September 11, 2024 15:41

Track3D, a construction industry tech platform, has secured $4.3 million in seed funding to expand its AI-powered reality capture platform. The investment will drive adoption of its unified data...

DGCA Issues Guidelines for eVTOL Plane Certification

September 11, 2024 13:17

India's aviation regulator DGCA has issued guidelines for airworthiness certification of eVTOL planes, aiming to streamline the process and ensure safety of these emerging technologies.

Arka Investment Advisory Launches Rs 500 Cr Residential Real Estate Fund

September 11, 2024 12:14

Arka Investment Advisory Services Pvt Ltd (AIASPL) has launched its second alternative investment fund - Arka Hreem Real Estate Opportunities Fund - with a target size of Rs 500 crore, focusing on...

Arunachal Pradesh: 12,500 MW Hydropower Units to Start in 2 Years

September 11, 2024 11:11

Arunachal Pradesh will see 12,500 MW of hydropower projects operational in 2 years, boosting power supply and economic development. The projects will be undertaken by CPSUs like NHPC, NEEPCO, THDC...

Gensol-Matrix to Build India's First Green Hydrogen Valley in Pune

September 11, 2024 10:04

Gensol Engineering and Matrix Gas & Renewables have secured an order to build India's first green hydrogen valley project in Pune, using electrolysis to produce green hydrogen on a Build Own and...

Israel to Recruit 10,000 Indian Construction Workers

September 10, 2024 19:48

Israel is recruiting 10,000 Indian construction workers and 5,000 caregivers. The National Skill Development Corporation (NSDC) will conduct the recruitment drive.

Vision Infra SME IPO Oversubscribed 63.30 Times

September 10, 2024 18:59

Vision Infra Equipment Solutions' IPO received an overwhelming response, with a 63.30 times subscription on the final day. The IPO, valued at Rs 106.21 crore, was listed on NSE's SME platform Emerge.

Ram Temple Construction to Generate Rs 400 Cr GST: Champat Rai

September 9, 2024 22:33

Champat Rai, general secretary of Shri Ram Janmabhoomi Teerth Kshetra Trust, estimates Rs 400 crore GST from Ram Temple construction in Ayodhya. Learn more about the temple complex and its...

HIMUDA Approves Key Development Projects in Himachal Pradesh

September 9, 2024 20:59

Himachal Pradesh Urban Development Authority (HIMUDA) approves key developmental projects including water supply lines, housing units, and a new SOP for land acquisition.

Cement Industry Consolidation: Report Predicts Further Growth

September 9, 2024 18:01

Indian cement industry expected to see further consolidation in the near-to-medium term, driven by aggressive capacity expansion and increased competition. Report highlights growth in demand and...

JSW Infrastructure Approves Rs 2,359 Crore Capex for Capacity Expansion

September 9, 2024 15:16

JSW Infrastructure has approved a Rs 2,359 crore capex for capacity expansion at its Jaigarh and Dharamtar Port, aiming to reach 400 MTPA by FY2030.

FDI in India: Strong Growth Expected in Coming Quarters

September 9, 2024 14:17

Experts predict a surge in foreign direct investment (FDI) in India, driven by a potential Fed rate cut, US growth outlook, and India's favorable economic environment.

Adani Green Redeems USD 750 mn Bonds, Deleveraging Business

September 9, 2024 09:40

Adani Green Energy Ltd has redeemed USD 750 million worth of bonds, deleveraging its business and achieving a three-fold capacity increase. The move follows a January announcement of a plan to...

India Emerges as Chip Manufacturing Hub: Collaboration with Global Nations

September 8, 2024 19:16

India is becoming a key semiconductor manufacturing hub, attracting investments and collaboration from like-minded nations like the US, EU, and Japan. The country aims to build resilience in the...

378 Stalled Housing Projects in 5 UP Cities: PropEquity

September 8, 2024 17:04

PropEquity reports 378 stalled housing projects with 1.46 lakh units across Noida, Greater Noida, Ghaziabad, Lucknow and Agra in UP. Learn more about the reasons behind the delays and the impact on...

Adani Establishes China Subsidiary for Project Management

September 8, 2024 13:11

Adani Group forms a subsidiary in China, Adani Energy Resources (Shanghai) Co., to offer supply chain and project management services. This follows the group's recent expansion into Kenya with a...

Signature Global Awards Rs 1,144 Cr Order to Ahluwalia Contracts

September 8, 2024 11:40

Signature Global has awarded a Rs 1,144 crore construction contract to Ahluwalia Contracts for its luxury housing project 'De-luxe DXP' in Gurugram. The project, located in Sector 37D, spans 16.65...

NaBFID Disputes RBI's 5% Provision for Infra Loans

September 6, 2024 21:00

NaBFID's MD questions RBI's proposal for 5% provision on infra loans, citing low default rates and changing perception of infra financing.

Tunnel Projects: Experts Panel Formed for Technical Review - Highways Ministry

September 6, 2024 19:11

India's Ministry of Road Transport and Highways has established an expert panel to review technical aspects of tunnel projects on National Highways, following recent mishaps.

India to Produce Carbon Fibre by 2025-26: Giriraj Singh

September 6, 2024 16:07

India's Union Textiles Minister Giriraj Singh says the country will produce carbon fibre by 2025-26, ending its reliance on imports. This strategic move is driven by the EU's Carbon Border...

VA Tech WABAG Wins Rs 2,700 cr Desalination Plant Order in Saudi Arabia

September 6, 2024 16:06

VA Tech WABAG has secured a USD 317 million (Rs 2,700 crore) order from Saudi Water Authority for a mega desalination plant in Saudi Arabia. The project, expected to be completed in 30 months, will...

Prozeal & Golyan JV for Solar Projects in Nepal - 500 MW Target

September 6, 2024 15:03

Prozeal Green Energy and Golyan Power have partnered to build over 500 MW of solar projects in Nepal, aiming to contribute to a cleaner energy future. The joint venture will develop both rooftop...

Bihar Govt Invests Rs 2,900 Crore in MSME Promotion

September 5, 2024 12:52

Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries under two schemes, Mukhya Mantri Udyami Yojana (MMUY) and Bihar Laghu Udyami Yojana (BLUY), to promote MSMEs.

100 Himachal Industrialists Seek Lease Transfer, Power Disconnect: Minister

September 4, 2024 20:39

Himachal Pradesh faces industrial exodus as 100 industrialists seek lease transfers and power disconnections. The state government assures to investigate the issue and find solutions.

UK-India Infrastructure Financing Bridge Pact Signed

September 4, 2024 20:19

A new UK-India infrastructure financing agreement has been signed to facilitate international investments in India's ambitious infrastructure projects, including highways, rapid transport and...

NBCC & RITES Partner for Global Infrastructure Projects

September 4, 2024 18:59

NBCC (India) Ltd and RITES Ltd have signed an MoU to collaborate on securing global projects in various sectors, leveraging their expertise in construction, engineering, and transportation.

Interarch Building Products Invests Rs 95 Cr in Andhra Plant

September 4, 2024 16:42

Interarch Building Products, a leading PEB solutions provider, is setting up a new manufacturing facility in Andhra Pradesh, investing Rs 95 crore to expand its capacity.

Trump vs. Harris: Tax Cuts vs. Wealth Tax on US Economy

September 4, 2024 15:45

Trump favors tax cuts for the wealthy, while Harris pushes for higher taxes on corporations and the ultra-wealthy to boost the US economy. Learn about their plans and the impact on the middle class.

CapitaLand to Double Investment in India to Over Rs 90,280 Cr

September 4, 2024 15:03

Singapore's CapitaLand plans to double its investment in India to over Rs 90,280 crore by 2028, aiming to capitalize on the country's economic growth and growing demand for real assets.

PMAY Extended: Labour Ministry Pushes for Inclusion of Marginalised Workers

September 3, 2024 19:30

India's Labour Ministry advocates for extending PMAY benefits to vulnerable workers, including migrant, building, and beedi workers, aiming to improve their living conditions.

SBL Energy Opens TNT Plant in Nagpur, Boosting Defence Exports

September 3, 2024 19:28

SBL Energy has inaugurated a new TNT plant in Nagpur, Maharashtra, with an annual production capacity of 3,000 tonnes. The plant will cater to growing domestic and international demand for...

EET Fuels Appoints Toyo-India for Carbon Capture Project

September 3, 2024 18:43

EET Fuels appoints Toyo Engineering India for FEED study of its USD 1.2 billion carbon capture project at Stanlow refinery in the UK, aiming to reduce emissions by 95% by 2030.

Gadkari Favors 51% Foreign Stake in Tunnel Projects

September 3, 2024 15:21

Road Minister Nitin Gadkari advocates for a majority stake to foreign partners in joint ventures for tunnel construction, emphasizing quality and expertise.

PropEquity Launches PropAlert for Homebuyers

September 3, 2024 13:42

PropEquity's new PropAlert service provides real-time construction updates for homebuyers of under-construction properties, ensuring transparency and safeguarding their interests.

eShram Portal Hits 30 Crore Registrations: Empowering Informal Workers

September 2, 2024 21:00

The eShram portal, a national database for India's unorganized workforce, has surpassed 30 crore registrations, demonstrating its significant impact on worker empowerment and social security.

Kaynes Semiconductor Unit Approved: Rs 3,307 Cr Investment in Sanand

September 2, 2024 16:03

India's government approves Kaynes' Rs 3,307 crore semiconductor unit in Sanand, Gujarat, with a capacity of 6.3 million chips per day. The plant will cater to power, automotive, and home appliance...

Omaxe Group to Invest Rs 2,500 Cr in Delhi Sports Complex

September 2, 2024 14:58

Omaxe Group will invest Rs 2,500 crore to develop a 50-acre commercial-cum-sports complex in Delhi

L&T Creates Renewable Energy Business Vertical

September 2, 2024 14:29

Larsen & Toubro (L&T) has announced the creation of a separate renewable business vertical, led by A Ravindran, to capitalize on the growing demand for sustainable energy infrastructure.

Sterlite Power Acquires Khavda IV C Power Transmission

September 2, 2024 13:56

Sterlite Power acquires Khavda IV C Power Transmission Ltd, an SPV for evacuating renewable energy from Khavda RE park, to develop the transmission system for evacuating power from the potential...

Resco Global Raises Rs 350 Cr for Wind Energy Expansion

September 2, 2024 11:08

Resco Global, a subsidiary of Inox Wind, raises Rs 350 crore from marquee investors to expand its wind energy EPC services in India. The funding will fuel growth and capitalize on the booming wind...

South Africa to Learn from India's Rural Electrification Success

September 1, 2024 22:39

South Africa's Deputy President highlights India's success in rural electrification and renewable energy integration. Learn about the NDB's support for South Africa's infrastructure development.

Real Estate Boom: Indian Developers Sell Rs 35k Cr in Q1 FY25

September 1, 2024 15:51

India's top 21 listed real estate developers reported combined sales of Rs 35,000 crore in Q1 FY25, led by Godrej Properties. Strong consumer demand and a shift towards established brands drove the...

Raymond Targets 15% Sales Growth, 15-20% Pre-Tax Earnings After Demerger

September 1, 2024 15:04

Raymond, after demerging its lifestyle and real estate businesses, aims for 15% sales growth and 15-20% pre-tax earnings. The company plans to expand its retail presence and enter new segments.

India's GDP Growth Slows to 15-Month Low: RBI Guv

August 31, 2024 15:10

India's GDP growth slowed to 6.7% in Q1 FY24 due to lower government spending, according to RBI Governor Shaktikanta Das. He attributed the slowdown to the model code of conduct during the Lok...

Ayodhya Land Circle Rates to Rise 200% in September

August 30, 2024 21:53

Ayodhya land circle rates to increase by up to 200% from September, following a surge in property prices after the Ram temple consecration. Investors and real estate companies have been purchasing...

India's Iron Ore Production Up 9% to 98 Million Tonnes in Apr-July

August 30, 2024 21:43

India's iron ore production surged by 8.9% to 98 million tonnes in the first four months of the fiscal year, driven by robust demand from steel and cement industries. Limestone and manganese ore...

RECPDCL Hands Over Power Transmission Projects

August 30, 2024 21:06

RECPDCL has handed over two power transmission projects to Adani Energy Solutions and Sterlite Grid 38 Ltd for renewable energy zone development in Gujarat.

States Stress Timely Employment Data Reporting | Job Fair | NCS Portal

August 30, 2024 20:37

States call for regular updates on employment and job fair details on the National Career Services portal to enhance job creation. The meeting also focused on labour reforms, eShram Portal, and...

Vadhvan Port: 12 Lakh Jobs, 76,200 Crore Investment - Sonowal

August 30, 2024 17:58

Union Minister Sonowal announces Vadhvan Port in Maharashtra will create 12 lakh jobs and generate Rs 76,200 crore investment. Learn more about the project's impact and future.

Shriram Properties to Double Sales, Triple Revenue by 2027

August 30, 2024 16:52

Shriram Properties targets doubling sales, tripling revenue by FY 2027 with focus on mid-segments. They plan to launch new projects in Pune and Chennai.

AVP Infracon Wins Two Road Projects in Tamil Nadu

August 30, 2024 12:28

AVP Infracon has secured two road projects in Tamil Nadu worth Rs 71 crore, including the widening of Kallakurichi-Tiruvannamalai Road and a bypass to Bagalur town.

Decriminalization of Labor Laws: Driving Inclusive Growth in India

August 29, 2024 21:26

A senior government official highlights how decriminalization of labor laws, increased female workforce participation, and social security measures will drive inclusive growth in India.

NBCC Sells Rs 14,800 Crore Commercial Properties in Delhi

August 29, 2024 18:10

NBCC (India) Ltd has completed the sale of commercial properties worth Rs 14,800 crore in Delhi on behalf of the government, including World Trade Center (WTC) and Downtown Sarojini Nagar projects.

RBI to Finalize Project Loan Guidelines in 2-3 Months

August 29, 2024 16:43

RBI is expected to release final project loan guidelines in the next 2-3 months, following feedback from banks on proposed Expected Credit Loss (ECL) provisioning norms.

Noida Airport to Apply for Aerodrome License in December

August 29, 2024 14:25

Noida International Airport operator YIAPL plans to apply for an aerodrome license in December after validation flights. Commercial operations are expected to start by April 2025.

Trehan IRIS & Marriott Partner for Greater Noida Hotel

August 29, 2024 14:13

Trehan IRIS has partnered with Marriott International to manage its upcoming 135-key Courtyard by Marriott hotel in Greater Noida's Iris Broadway project, bringing the Marriott brand to the Noida...

Suraksha Group Earmarks Land for Jaypee Infratech Lenders

August 29, 2024 14:03

Suraksha Group, which acquired Jaypee Infratech Ltd through insolvency, has earmarked 2,552 acres of land for lenders, including 2,372 acres for assenting lenders and 180 acres for ICICI. The group...

BCD Group Appoints Ashwinder R Singh as Vice Chairman, CEO

August 28, 2024 17:04

BCD Group appoints Ashwinder R Singh as Vice Chairman and CEO, while Angad Singh Bedi becomes Chairman and Managing Director.

Candi Solar Targets 200 MW Solar Projects in India, South Africa

August 28, 2024 12:48

Candi Solar aims to set up 200 MW solar projects in India and South Africa by June 2025, with a focus on commercial and industrial clients in India and the food industry and agriculture sector in...

Road Developers Revenue Growth to Slow to 5-7% in FY24: Crisil

August 27, 2024 18:07

Crisil forecasts a slower revenue growth of 5-7% for road EPC companies in FY24, citing lower highway awards. However, their credit profiles are expected to remain stable due to steady...

Kalpataru Projects Receives Tax Notice from Afghanistan

August 27, 2024 14:20

Kalpataru Projects International Ltd has received a tax notice from the Afghanistan government for non-submission of certain declarations. The company anticipates that the additional tax and fine...

Elan Group Awards Rs 500cr Mall Contract to Leighton Asia

August 27, 2024 13:35

Elan Group has awarded a Rs 500 crore contract to Leighton Asia for the development of its shopping mall in Gurugram. The luxury mall, Elan Imperial, will feature retail, dining, and a five-star...

National Infrastructure Trust Files Rs 1,600 Crore IPO

August 27, 2024 12:19

National Infrastructure Trust, backed by Gawar Construction, files draft papers with Sebi for a Rs 1,600 crore IPO, comprising a fresh issue and an OFS. Proceeds will be used for loan pre-payment...

JSW Neo Energy Wins 200 MW Wind-Solar Hybrid Project

August 27, 2024 11:37

JSW Neo Energy secures a 200 MW wind-solar hybrid project in Maharashtra, boosting its total locked-in generation capacity to 17.2 GW. The company aims for 20 GW generation capacity and 40 GWh...

Naredco Urges Centre to Aid Stalled UP Housing Projects

August 26, 2024 18:54

Naredco's UP chapter seeks Centre's intervention to complete stalled housing projects, requesting relief measures including land dues rescheduling and project completion extensions.

Patel Retail, Garuda Construction IPOs Get Sebi Approval

August 26, 2024 14:13

Supermarket chain Patel Retail and Garuda Construction have received Sebi's nod to launch their initial public offerings (IPOs). The IPOs are expected to raise a combined amount of Rs 250 crore to...

Housing Prices Surge in Bengaluru, Delhi-NCR: Anarock

August 26, 2024 14:04

Housing prices in Bengaluru's Bagaluru rose by 90% since 2020, while Dwarka Expressway in Delhi-NCR saw 79% appreciation, according to Anarock. Read more about the top 10 micro-markets with...

Interarch Building Products Shares Debut with 44% Premium

August 26, 2024 10:52

Interarch Building Products shares listed on the BSE and NSE with over 44% premium against the issue price of Rs 900. The company's market valuation stood at Rs 2,031.80 crore.

Suraksha Group Invests Rs 250 Cr in Jaypee Infratech, Completes 20,000 Flats

August 25, 2024 15:13

Suraksha Group has infused Rs 250 crore in Jaypee Infratech after acquiring it through insolvency and secured a Rs 3,000 crore loan to complete 20,000 unfinished flats in Delhi NCR.

Mumbai Urja Marg Inauguration: 2,000 MW Power Boost for Mumbai

August 25, 2024 11:45

Mumbai Urja Marg, a 90km transmission line, is ready for inauguration, ensuring 2,000 MW power supply to Mumbai, boosting its infrastructure and economic growth.

Carraro India Files Rs 1,812-cr IPO: Key Details

August 24, 2024 16:15

Carraro India, a manufacturer of transmission systems for off-highway vehicles, files draft papers for its Rs 1,812-crore IPO. Learn about the company, its financials, and key clients.

M3M India Sales Surge 37% to Rs 3,911 Crore in Q1

August 23, 2024 16:08

M3M India reports a 37% rise in property sales for Q1 FY25, reaching Rs 3,911 crore, driven by strong demand. Residential sales accounted for Rs 2,972 crore, while commercial sales reached Rs 940...

JSW Neo Energy Wins 300MW Hybrid Project

August 23, 2024 13:04

JSW Neo Energy secures a 300MW wind-solar hybrid project from NTPC, boosting its total locked-in generation capacity to 16.7 GW. The company aims to achieve carbon neutrality by 2050.

Mizoram Cut Off By Strike Over Poor Roads - NH-306 Blockade

August 22, 2024 19:49

Mizoram faces a critical supply shortage as a strike over the poor condition of NH-306 leads to a blockade, impacting essential services and causing concern about rising prices.

Uttarakhand Tables Rs 5,000 Crore Supplementary Budget

August 22, 2024 19:02

Uttarakhand has tabled a supplementary budget of Rs 5,013.05 crore, focusing on public welfare projects, including disaster response, education, and infrastructure development. The budget allocates...

Wipro Hydraulics Opens New Rs 250 Cr Manufacturing Facility in Jaipur

August 22, 2024 16:35

Wipro Hydraulics has inaugurated its sixth manufacturing facility in Jaipur, Rajasthan, with an investment of Rs 250 crore, creating 400 jobs. The facility will cater to domestic and international...

Macrotech Developers to Launch Rs 11,980cr Properties Amid Strong Demand

August 22, 2024 15:20

Macrotech Developers, known for its Lodha brand, plans to launch Rs 11,980 crore worth of properties by March 2025, capitalizing on strong housing demand. The company saw a 20% growth in sale...

HRERA Fines Gurugram Promoter Rs 1.5 Crore for Unregistered Project

August 21, 2024 22:02

The Haryana Real Estate Regulatory Authority (HRERA) has slapped a Rs 1.5 crore penalty on a Gurugram-based promoter for failing to register its project after obtaining a license. The project was...

Gensol Engineering Wins 16 MW Rooftop Solar Project in Madhya Pradesh

August 21, 2024 19:57

Gensol Engineering has secured a 16 MW rooftop solar project from a textile company in Madhya Pradesh, utilizing high-efficiency bi-facial solar modules. The project will be completed within six...

Interarch Building Products IPO Over-Subscribed 93 Times

August 21, 2024 18:44

Interarch Building Products IPO received a massive 93.46 times subscription, with strong demand from QIBs, Non-Institutional Investors, and Retail Investors. The IPO raised Rs 600 crore, with...

Hiring Boom: 72% of Employers to Hire Freshers in 2024 H2

August 21, 2024 17:55

A new report reveals 72% of employers plan to hire freshers in the second half of 2024, showing a positive job market outlook. E-commerce, tech, engineering & retail are leading hiring sectors.

GE Power India MD Prashant Jain Resigns

August 21, 2024 16:21

GE Power India MD Prashant Jain has resigned, with Puneet Bhatla appointed as his successor. Learn more about the changes in leadership and GE Power India's operations.

Hyundai to Build Hydrogen Innovation Center at IIT Madras

August 21, 2024 15:51

Hyundai Motor India will invest Rs 180 crore to establish a Hydrogen Innovation Centre at IIT Madras, focusing on research and development of hydrogen technology.

Shriram Properties Targets Revenue Growth: Rs 3k Cr by FY27

August 21, 2024 14:23

Shriram Properties aims to triple revenue to Rs 3,000 crore and double sale bookings to Rs 5,000 crore by FY27, driven by expansion into new markets and tech adoption.

JM Financial Invests Rs 40 Crore in Zoff Spice Brand

August 21, 2024 14:06

JM Financial Private Equity invests Rs 40 crore in Asquare Foods and Beverages, the parent company of direct-to-consumer spice brand Zoff, to strengthen brand-building and distribution.

L&T Wins Large Infrastructure Order in Maharashtra | NAINA Project

August 21, 2024 12:05

Larsen & Toubro (L&T) has secured a significant order for integrated infrastructure development in Navi Mumbai Airport Influence Notified Area (NAINA) Project in Maharashtra. The order, awarded by...

Keystone Realtors to Invest Rs 900 Cr in Housing Projects | PTI

August 21, 2024 10:50

Keystone Realtors, the developer behind Rustomjee, plans to invest Rs 800-900 crore on construction this fiscal, aiming for a 32% growth in sales bookings. The company reports strong demand and a...

Interarch Building Products IPO Oversubscribed 10.83 Times

August 20, 2024 18:14

Interarch Building Products IPO received 10.83 times subscription on day 2, with strong demand from non-institutional investors and retail investors. The IPO, priced at Rs 850-900 per share, is set...

Aditya Birla Group Sees Growth in Building Materials Business

August 20, 2024 17:54

Aditya Birla Group expects significant growth in its building materials business driven by India's housing and infrastructure boom. Cement and decorative paints are key segments for the group.

India Handloom Brand: 2,000 Registrations Issued for 184 Categories

August 20, 2024 17:22

The government has issued nearly 2,000 registrations under the 'India Handloom' Brand for 184 product categories, highlighting its commitment to promoting the sector. Learn about the brand's...

Axiscades Subsidiary Wins UK Energy Storage Project

August 20, 2024 16:32

Axiscades subsidiary Epcogen has secured a contract from Highview Power to build the world's largest liquid air energy storage facility in the UK. The project will provide power to over 1 million...

HMPL Wins Rs 275 Crore Road Project in Maharashtra

August 20, 2024 13:37

Hazoor Multi Projects Ltd (HMPL) has been awarded a Rs 275 crore road project in Maharashtra. The project will involve widening and improving a road stretch in the state.

Interarch Building IPO Fully Subscribed on Day 1

August 19, 2024 17:57

Interarch Building Products IPO was fully subscribed on Day 1, receiving 3.19 times subscription. The offer for sale will conclude on August 21. Learn more.

Keystone Realtors Targets 32% Sales Growth in FY24

August 19, 2024 14:39

Keystone Realtors, known for its Rustomjee brand, aims for 32% growth in housing sales this fiscal year, reaching Rs 3,000 crore. The company is confident of exceeding this target due to strong...

EIH Ltd Expects Strong Hotel Demand in Q3, Q4 | PTI

August 19, 2024 13:44

EIH Ltd, owner of Oberoi and Trident hotels, expects strong demand and occupancy in Q3 and Q4 after a subdued first quarter due to elections and heatwave. The company is also looking at...

Adani Group EBITDA Surges 33% in Q1, Leverage at Multi-Year Low

August 19, 2024 13:34

Adani Group reports a 33% surge in EBITDA for the June quarter, driven by strong infrastructure performance and emerging businesses. Leverage reaches a multi-year low.

Overtourism Chaos: Sintra Residents Fight Back Against Tourist Surge

August 19, 2024 12:26

Sintra, Portugal, faces the challenges of 'overtourism', with residents struggling against traffic, housing issues, and overwhelmed infrastructure. Local groups fight for better management and...

Macrotech Developers's Net Debt Rises 43.5% in Q1

August 18, 2024 12:51

Macrotech Developers's net debt increased to Rs 4,320 crore in Q1 FY25 due to higher capex for land and construction. The company saw strong sales bookings and a significant jump in net profit.

Mali's Capital Battles Waste: Donkey Carts Offer Solution

August 18, 2024 10:24

Bamako, Mali, struggles with a growing waste problem. Donkey carts provide a temporary solution as residents search for items in overflowing landfills. The World Bank is funding a landfill project,...

NCLAT Allows Mitsubishi to Encash Guarantee from Punj Lloyd

August 17, 2024 16:10

The NCLAT has ruled in favor of Mitsubishi Heavy Industries, allowing them to encash the performance guarantee provided by Punj Lloyd. The ruling overturns a previous NCLT order that had restrained...

Rs 2 Lakh Crore Infrastructure Projects Approved: Cabinet Focuses on Connectivity

August 16, 2024 21:43

India's Union Cabinet approves infrastructure projects worth nearly Rs 2 lakh crore, including metro rail expansions in Karnataka and Maharashtra, and airport projects in Bihar and West Bengal,...

Foxconn to Invest in Karnataka: CM Siddaramaiah Assures Support

August 16, 2024 21:34

Karnataka CM Siddaramaiah invites Foxconn to further invest in the state, promising full support for their iPhone assembly plant ''EV component facility.

Airport Projects Approved in West Bengal & Bihar - Rs 2,962 Crore

August 16, 2024 20:38

The Union Cabinet has approved airport projects in Bagdgora, West Bengal and Bihta, Bihar, for a total cost of Rs 2,962 crore. The projects include new civil enclaves and aprons for parking aircraft.

Techno Electric & IndiGrid Partner for Greenfield Transmission Projects

August 16, 2024 18:17

Techno Electric & Engineering Company partners with IndiGrid to develop two greenfield transmission projects in India. The partnership will involve co-development and investment in IndiGrid's ISTS...

Construction Equipment Sales Up 5% in Q1 FY25: ICEMA

August 16, 2024 17:03

India's construction equipment sales rose 5% to 28,902 units in Q1 FY25, driven by growth in earthmoving, road construction, and concrete equipment segments, according to ICEMA.

Stricter Safety Standards for Electric Construction Equipment in India

August 16, 2024 14:28

India's Ministry of Road Transport and Highways proposes stricter safety standards for electric construction equipment vehicles like dumpers and excavators starting October 1, 2024.

Egyptian Ship Arrested at Paradip Port for Debt

August 16, 2024 13:48

An Egyptian ship, MV Wadi Albostan, was arrested at Paradip Port in Odisha due to a Rs 3.96 crore debt owed to a German company. The ship was carrying iron ore to China.

UK Economy Grows 0.6% in Q2: Recovery From Recession

August 15, 2024 17:06

The UK economy grew by 0.6% in the second quarter, marking a continued recovery from recession. The growth was driven by the service sector, particularly technology and scientific research.

Ramky Infrastructure Q1 Profit Down 33% to Rs 71 cr

August 15, 2024 15:42

Ramky Infrastructure's Q1 FY24-25 profit declined 33% to Rs 71 crore, despite revenue growth. The company attributed the decline to seasonal headwinds.

House of Abhinandan Lodha Targets 30% Growth in FY'25

August 15, 2024 11:58

The House of Abhinandan Lodha, a real estate firm specializing in plotted developments, aims for a 30% sales growth in FY'25, fueled by strong demand. The company has launched projects in...

China's Economy Stumbles in July: Property Slump, Weak Consumption

August 15, 2024 10:35

China's economic recovery faltered in July due to a persistent property crisis and sluggish consumer spending. Unemployment rose, industrial production slowed, and retail sales growth was modest...

Reliance Infra Q1 Net Loss Narrows to Rs 69.47 cr - PTI

August 14, 2024 20:39

Reliance Infrastructure Ltd's consolidated net loss narrowed to Rs 69.47 crore in the June 2024 quarter, compared to Rs 494.83 crore in the year-ago period. Total income rose to Rs 7,256.21 crore.

Jaiprakash Associates Net Loss Widens to Rs 1,023 Cr in Q1

August 14, 2024 20:24

Jaiprakash Associates reports a widened net loss of Rs 1,023.44 crore in Q1 FY24, compared to Rs 180.80 crore in the same period last year. The company's total income increased to Rs 1,770.66 crore.

US Inflation Slows, Fed Rate Cuts Likely - AP News

August 14, 2024 20:02

US inflation eased in July, the lowest in over 3 years, prompting expectations of a Fed interest rate cut in September. Read more about the inflation report and its impact on the economy.

Gensol & Matrix Win 237 MW Electrolyser Project - Green Hydrogen

August 14, 2024 14:36

Gensol Engineering and Matrix Gas & Renewables consortium secures a 237 MW electrolyser manufacturing plant project under India's PLI scheme for green hydrogen.

ArisInfra Solutions Files for Rs 600 Cr IPO

August 14, 2024 13:01

ArisInfra Solutions, backed by PharmEasy CEO Siddharth Shah, files IPO papers with SEBI to raise Rs 600 crore. The IPO will be a fresh issue of equity shares, with proceeds used for debt payment,...

ArisInfra Solutions IPO: Rs 600 Crore Raise - PTI

August 13, 2024 22:00

ArisInfra Solutions Ltd files papers with Sebi to raise Rs 600 crore via IPO, marking its entry into the public market. The IPO is expected to be a fresh issue of equity shares with no offer for...

Patel Engineering Profit Surges 26% in Q1 FY24

August 13, 2024 15:11

Patel Engineering reported a 26% rise in net profit to Rs 48.17 crore in the April-June quarter of 2024, driven by operational efficiency. Revenue declined slightly.

Interarch Building Products IPO Opens Aug 19: Rs 600 Crore

August 13, 2024 13:39

Interarch Building Products IPO to open on Aug 19, raising Rs 600 crore. The price band is set at Rs 850-900 per share. The IPO comprises a fresh issue and offer-for-sale.

Gensol Engineering Q1 PAT Surges 2x to Rs 32.5 cr - News

August 12, 2024 21:22

Gensol Engineering reported a strong Q1 FY25 with PAT growing over 200% to Rs 32.5 crore on higher revenues, driven by expansion in solar, BESS and EV Leasing.

NBCC Wins Rs 710 Crore Contract for Jhansi Land Development

August 12, 2024 21:07

NBCC has secured a Rs 710 crore contract to develop two land parcels in Jhansi, Uttar Pradesh. The project includes construction, planning, and marketing of the developed areas.

Berger Paints Targets 5% Value Growth, Turnover Doubling by 2029

August 12, 2024 17:09

Berger Paints expects 5% value growth in Q2FY25 driven by price hikes. The company aims to double turnover to Rs 20,000 crore by 2029, with new plants in Panagarh and Odisha.

Adani Green Energy: 30% CAGR Capacity Growth, 50GW Target by 2030

August 12, 2024 16:06

Adani Green Energy (AGEL) is projected to achieve a 30% CAGR in renewable energy capacity, reaching over 50GW by 2030. This growth is driven by significant capacity additions and improved...

Indonesian Leader Holds Cabinet Meeting in New Capital Nusantara

August 12, 2024 14:46

Indonesian President Joko Widodo held his first cabinet meeting in the unfinished future capital of Nusantara, amid concerns about the USD 33 billion project's sustainability.

SWREL Wins Rs 550 Crore Solar Plant Order in Rajasthan

August 12, 2024 13:32

Sterling and Wilson Renewable Energy (SWREL) secures over Rs 550 crore order to build a solar plant in Rajasthan, adding to its growing portfolio of solar energy projects.

BHEL Wins 1,600 MW Thermal Power Project from DVC

August 12, 2024 12:44

BHEL secures a 1,600 MW thermal power project from Damodar Valley Corporation (DVC) in Jharkhand. This is DVC's first such project and will be set up adjacent to its existing units.

Bhogapuram Airport in Andhra Pradesh: Progress Review & Operational Target

August 11, 2024 17:13

Civil Aviation Minister K Rammohan Naidu reviewed the Bhogapuram airport project in Andhra Pradesh, aiming for operationalization by June 2026. The airport, being developed by GMR Group, is...

Cement Companies Report Volume Growth, Revenue Muted

August 11, 2024 16:20

Leading cement manufacturers saw single-digit volume growth in June quarter, but revenue remained muted due to lower prices. Read about UltraTech, Ambuja, ACC, Shree Cement, Dalmia Bharat.

VA Tech WABAG Q1 Profit at Rs 50.5 cr: Growth Continues

August 9, 2024 19:47

VA Tech WABAG reported consolidated profit after tax of Rs 50.5 crore for Q1 FY25, driven by international and O&M projects. Order book exceeds Rs 100 billion.

Kamdhenu Q1 Profit Surges 28% to Rs 15.43 cr | Business News

August 9, 2024 18:34

Steel maker Kamdhenu reported a 28% rise in profit after tax (PAT) to Rs 15.43 crore in the April-June quarter, driven by lower expenses.

Grotto Expands Sanitaryware Business in Northeast India

August 9, 2024 12:18

Luxury sanitaryware maker Grotto announces expansion into Northeast India, aiming to reach more customers with its innovative and high-quality products.

Ceigall India Wins Rs 1,042 Crore Orders for Kanpur & Bhubaneshwar Projects

August 8, 2024 18:23

Ceigall India secures Rs 1,042 crore worth of orders for the Kanpur Central Bus Terminal and Bhubaneshwar Metro Project-Phase I, aiming to enhance infrastructure and urban development in both cities.

Envision Secures 116 MW Wind Turbine Order from Blueleaf Energy

August 8, 2024 16:41

Envision Wind Power Technologies India has secured a 116-MW wind turbine supply order from Blueleaf Energy for a hybrid power project in Madhya Pradesh. The project is expected to be completed in...

Ceigall India Shares End Debut Trade Down 4% Amid Market Sell-off

August 8, 2024 16:35

Ceigall India shares ended their debut trade nearly 4% lower despite initial gains, mirroring broader market weakness. The stock listed at a premium but failed to sustain momentum.

Silkyara Tunnel Escape Route: Gadkari Confirms Provision

August 8, 2024 16:02

Union Minister Nitin Gadkari confirms the Silkyara tunnel project contract includes an escape passage, addressing safety concerns following a tunnel collapse in November 2023. The project aims to...

Ceigall India Shares Debut with 4.50% Premium

August 8, 2024 11:03

Ceigall India Ltd shares listed with a premium of nearly 4.50% on the BSE and NSE, reflecting a strong market debut. The IPO was oversubscribed 13.75 times.

Kobelco Launches 'Make in India' Excavator, Expands Manufacturing Base

August 7, 2024 20:43

Kobelco Construction Equipment India launches its SK80 Excavator under 'Make in India', showcasing commitment to manufacturing in India and eyeing exports.

Pidilite Industries Q1 Profit Up 20.6% to Rs 571.27 Crore

August 7, 2024 19:58

Pidilite Industries reported a 20.6% rise in Q1 profit to Rs 571.27 crore, driven by easing input prices. Revenue also grew, but shares closed lower on the BSE.

Himachal CM Pushes for Solar Power Expansion

August 7, 2024 19:11

Himachal Pradesh CM Sukhvinder Singh Sukhu emphasizes solar power expansion, aiming to harness 50 MW in six months. He stresses the importance of clean energy to combat climate change.

NHAI Raises Safety Concerns for Staff on Delhi-Amritsar-Katra Expressway

August 7, 2024 18:34

The NHAI has requested Punjab police protection for its staff and contractors working on the Delhi-Amritsar-Katra expressway after incidents of assault and threats in Ludhiana and Jalandhar.

Bhagirathi Eco-Sensitive Zone Protection: Gadkari Assures Parliament

August 7, 2024 16:51

Union Minister Nitin Gadkari assures Parliament that the government is committed to protecting the Bhagirathi eco-sensitive zone while constructing the Chardham project in Uttarakhand.

Govt to Allow Bio-Bitumen in Roads: Saves Rs 10,000 Crore

August 7, 2024 15:48

India aims to reduce bitumen imports by allowing up to 35% bio-bitumen mixing, saving Rs 10,000 crore in foreign exchange and promoting sustainable road construction.

Tata Power & DGPC Partner for 600 MW Hydro Project in Bhutan

August 7, 2024 14:33

Tata Power and Druk Green Power Corporation (DGPC) join forces to develop a 600 MW hydropower project in Bhutan, estimated at Rs 6,900 crore. The project will contribute to both Bhutan's energy...

Patel Engineering Wins Rs 317.60 Crore Irrigation Project in Maharashtra

August 7, 2024 13:35

Patel Engineering and its JV partner have secured a Rs 317.60 crore irrigation project in Maharashtra, involving water lifting arrangement work for the Jigaon project. The project is expected to be...

China Exports Rise 7% in July, Below Forecasts - AP News

August 7, 2024 13:16

China's exports grew 7% in July, missing forecasts as trade tensions and slowing global growth weighed on demand. Imports climbed 7.2%, boosted by trade with Asian countries.

Sterlite Power Secures Rs 1,500 Cr Orders in Q1 FY'25

August 7, 2024 12:25

Sterlite Power bags new orders worth Rs 1,500 crore in the first quarter of FY'25 across its global products and services business, boosting its order book to over Rs 6,560 crore.

J Kumar Infraprojects Q1 PAT Up 19% to Rs 86 cr - Business News

August 6, 2024 17:10

J Kumar Infraprojects reported a 19% rise in consolidated profit after tax (PAT) at Rs 86.41 crore for the quarter ended June 30, 2024. The company's total order book stood at Rs 19,820 crore.

Global Markets Plunge: Why Stocks Are Falling

August 5, 2024 22:18

Worries about a slowing US economy and rising interest rates have sent global markets into a mini-panic. Learn about the factors driving the market turbulence.

Ceigall India IPO Oversubscribed 13.75 Times

August 5, 2024 19:26

Ceigall India's IPO, seeking Rs 1,252.66 crore, was oversubscribed 13.75 times on the final day. QIBs and non-institutional investors showed strong interest.

BEML Net Loss Narrows to Rs 70 Cr in Q1 FY25

August 5, 2024 18:34

BEML reported a narrowed consolidated net loss of Rs 70.47 crore for the April-June quarter, compared to Rs 75.01 crore in the same period last year. Consolidated income also increased.

HCC Reports Q1 Loss, Focuses on Order Booking

August 5, 2024 18:16

Hindustan Construction Company (HCC) reported a consolidated loss of Rs 2.5 crore for Q1 FY25. The company is focusing on accelerated order booking with a bid pipeline of Rs 40,000 crore.

Sunkind Energy Wins 20 MW Solar Projects in Punjab, Maharashtra

August 5, 2024 18:00

Sunkind Energy secures 20 MW solar power projects in Punjab and Maharashtra, with contracts awarded by Nahar Group and Jindal Group. The projects, to be completed by September 2024, will be set up...

Chamba to Get HP's First Green Hydrogen Mobility Station

August 5, 2024 16:32

Himachal Pradesh's first green hydrogen mobility station will be built in Chamba, marking a significant step towards green energy in the state. The station, a pilot project by NHPC, will be...

Keystone Realtors Q1 Profit Down 45% to Rs 26 cr - PTI

August 5, 2024 14:57

Keystone Realtors reported a 45% decline in consolidated net profit for the June quarter FY25, despite higher revenue. The company launched two new projects and acquired one more, indicating a...

Godrej Properties Net Debt Rises 20% in June Quarter

August 5, 2024 13:42

Godrej Properties' net debt increased by 20% in the June quarter, reaching Rs 7,432 crore due to higher capex. The company reported a strong performance with a four-fold jump in net profit and...

India PV Sales Rise 10% in July: FADA

August 5, 2024 11:33

Passenger vehicle sales in India jumped 10% in July, driven by new launches and discounts, says FADA. However, high inventory levels pose a risk to dealer sustainability.

House of Abhinandan Lodha to Invest Rs 1,800 Cr in Plotted Development

August 4, 2024 14:37

House of Abhinandan Lodha, a real estate firm, plans to invest Rs 1,800 crore this fiscal to expand its plotted development business. The company, founded in 2021, has already launched nearly 10...

India Cement Demand to Rise 7-8% in FY25: UltraTech

August 4, 2024 12:59

UltraTech forecasts 7-8% growth in India's cement demand in FY25, driven by increased construction activity. The industry is expected to add 35-40 million tonne capacity, with focus on eastern and...

Great Nicobar Transhipment Port: DPR Finalized, Construction Begins Soon

August 4, 2024 11:15

India's government finalizes the detailed project report for the Rs 41,000-crore Great Nicobar transhipment port. Construction to begin in the next few months, aiming to handle 16 million...

AAI Spends Rs 796 Cr on Airport Repairs in FY24

August 4, 2024 10:05

Airports Authority of India (AAI) spent Rs 796 crore on repairs and maintenance of 101 airports in FY24, an increase from previous years. This follows concerns about airport infrastructure safety...

Tata Semiconductor Plant in Assam: 4.83 Cr Chips Daily, Indigenous Tech

August 3, 2024 20:21

Tata Group's semiconductor plant in Assam will produce 4.83 crore chips daily using indigenous tech, creating 27,000 jobs and boosting India's chip manufacturing capacity.

Texmaco Wins Rs 243cr MRVC Order for Power Projects

August 3, 2024 16:15

Texmaco Rail & Engineering Ltd has secured a Rs 243 crore order from MRVC for power supply projects on two routes in Maharashtra. The company's Bright Power division will undertake the design,...

Building Materials & Architecture Exhibition in Guwahati

August 2, 2024 20:21

Over 5,000 dealers and distributors will gather for a 3-day building materials, architecture, interior design & construction exhibition in Guwahati starting August 9.

Ceigall India IPO Fully Subscribed on Day 2 | Rs 1,252 Cr Issue

August 2, 2024 18:53

Ceigall India's IPO, worth Rs 1,252.66 crore, was fully subscribed on the second day. The infrastructure company's public issue concludes on August 5.

India's Iron Ore Production Surges 9.7% in Q1 FY25

August 1, 2024 20:54

India's iron ore production rose by 9.7% to 79 million tonnes in Q1 FY25, driven by robust demand from steel and cement industries. Limestone production also grew, indicating strong economic activity.

Rs 3 Lakh Crore Road Projects in 3 Months: Gadkari

August 1, 2024 20:51

India's Road Transport Minister Nitin Gadkari announced plans to award Rs 3 lakh crore worth of road contracts in the next three months, aiming to reach Rs 5 lakh crore by March 2025.

Ceigall India IPO Subscribed 61% on Day 1: Details

August 1, 2024 20:25

Ceigall India's IPO received 61% subscription on Day 1, with strong demand from non-institutional investors and retail investors. The IPO, priced at Rs 380-401 per share, closes on August 5.

UP Achieves Revenue Surplus, Meets Requirements Independently: CM Yogi

August 1, 2024 20:20

Uttar Pradesh Chief Minister Yogi Adityanath announces a supplementary budget of over Rs 12,000 crore, highlighting the state's revenue surplus status and its ability to meet most requirements...

Adani Enterprises Q1 Profit Doubles on New Energy Growth

August 1, 2024 17:14

Adani Enterprises' net profit surged 116% in Q1 FY25, driven by strong performance in new energy business, particularly solar and wind. Coal trading saw decline.

Ceigall India IPO: Rs 375 Cr Raised from Anchor Investors

July 31, 2024 21:46

Infrastructure firm Ceigall India has raised Rs 375 crore from anchor investors ahead of its IPO, which opens on August 1. The IPO comprises a fresh issue and an offer for sale.

Action Construction Equipment Q1 PAT Up 24% to Rs 84.57 cr

July 31, 2024 21:01

Action Construction Equipment Ltd reported a 24% rise in consolidated profit after tax (PAT) at Rs 84.57 crore in the April-June quarter, driven by higher income.

Karnataka Seeks Funds for Bengaluru Development, Irrigation Projects

July 31, 2024 18:13

Karnataka Deputy CM D K Shivakumar met PM Modi, seeking more funds for Bengaluru development, irrigation projects, and addressing concerns over Cauvery water sharing.

Delhi-Mumbai Expressway Completion by Oct 2025: Gadkari

July 31, 2024 16:50

India's longest Greenfield Expressway, the Delhi-Mumbai Expressway, is set to be completed by October 2025, Union Minister Nitin Gadkari informed Parliament. The project, with a length of 1,386 km,...

Shongtong Hydro Project Gets Final FCA Clearance: Himachal CM

July 31, 2024 14:59

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announces final FCA clearance for the 450 MW Shongtong Karchham Hydro Electric Project in Kinnaur district, boosting the state's power...

India's New Aviation Bill Replaces 90-Year-Old Act

July 31, 2024 14:12

A new bill introduced in the Lok Sabha aims to modernize India's civil aviation regulations, replacing the outdated Aircraft Act of 1934. The bill includes provisions for aircraft manufacturing and...

L&T Wins Contract to Build Auto Plant Near Bengaluru

July 31, 2024 14:02

Larsen & Toubro (L&T) has secured an order to construct an automobile plant near Bengaluru, adding to its portfolio of EPC projects. The project will adhere to Indian Green Building Council norms.

Waaree Renewable Q1 Profit Triples to Rs 28 Crore

July 31, 2024 13:42

Waaree Renewable Technologies Ltd (WRTL) reported a three-fold increase in profit after tax to Rs 28.16 crore for the June quarter of FY25.

Lubrizol Invests USD 200 Million in Aurangabad Facility

July 30, 2024 19:40

Lubrizol, a speciality chemicals company, announces a USD 200 million investment in Aurangabad, Maharashtra, to build a new manufacturing facility for transportation and industrial fluids. This...

Mindspace REIT Q1 NOI Up 9%, Distributes Rs 300 Cr

July 30, 2024 19:13

Mindspace Business Parks REIT reported a 9% rise in net operating income to Rs 496 crore in Q1 FY25 and declared a distribution of Rs 300 crore to unitholders.

Digital Tech Adoption in Indian Construction - Study

July 30, 2024 19:01

Construction firms in India are embracing digital technologies to optimize project delivery, internal processes, and combat rising costs. A recent study reveals key trends and adoption rates.

NCP Demands More Tax Concessions for Middle Class in India

July 30, 2024 18:19

NCP leader Praful Patel urges the Indian government to provide more tax relief to the middle class, stating that the current exemption limit of Rs 3 lakh is insufficient. He also highlighted...

Balu Forge Q1 Net Profit Surges Over 100% to Rs 34.16 cr

July 30, 2024 17:57

Balu Forge's net profit for the April-June quarter jumped over 100% to Rs 34.16 crore, driven by higher income and increased demand for specialized engineering products.

Singapore Warns of AI-Led Cyberattacks - CNA

July 30, 2024 17:33

Singapore's Cyber Security Agency (CSA) warns of rising cyberattacks using AI, including deepfake scams and ransomware. The agency's report highlights the use of AI for social engineering,...

Chhattisgarh Steel Plants Shut Down Over Power Tariff Hike

July 30, 2024 17:29

Nearly 200 mini steel plants in Chhattisgarh have shut down due to a recent power tariff hike, affecting over 2 lakh workers and impacting construction material prices.

Exide Q1 Profit Rises 16% to Rs 280 cr | Exide Industries

July 30, 2024 16:32

Exide Industries's profit after tax surged 16% to Rs 280 crore in Q1 FY24, driven by growth in both automobile and industrial verticals. Learn more.

ADB Funds Solid Waste Management in 100 Indian Cities

July 30, 2024 16:31

The Asian Development Bank has committed a USD 200 million loan to improve solid waste management and sanitation in 100 Indian cities under the Swachh Bharat Mission 2.0.

Europe's Growth Lags US, Germany Struggles - Eurozone Economic Outlook

July 30, 2024 16:13

Europe's economy grew modestly in Q2, but US outperformed. Germany contracted, highlighting a persistent growth gap. Consumer savings and sluggish investment are key concerns.

China Vows Consumer Support Amid Slowing Economy

July 30, 2024 15:17

China's Politburo has outlined plans to boost consumer spending and promote economic growth, but analysts remain cautious about the effectiveness of the measures.

L&T to Develop Real Estate Project in Mumbai

July 30, 2024 11:59

Larsen & Toubro (L&T) has partnered with Valor Estate Ltd to develop a real estate project in Mumbai. The project size is yet to be disclosed.

Anti-Dumping Duty on Chinese Glass Mirrors: Commerce Ministry Recommends USD 234/Tonne

July 29, 2024 17:17

India's commerce ministry recommends a 5-year anti-dumping duty of USD 234 per tonne on Chinese unframed glass mirrors to protect domestic producers from cheap imports.

Ceigall India IPO: Rs 1,253 cr Issue Opens Aug 1, Price Band Rs 380-401

July 29, 2024 14:20

Ceigall India's Rs 1,253 crore IPO opens on August 1 with a price band of Rs 380-401 per share. The infrastructure company's issue includes fresh issuance and OFS. Learn more.

JMS Group to Invest Rs 400 Crore in Gurugram Housing Project

July 29, 2024 13:54

JMS Group will invest Rs 400 crore to develop a 450-unit housing project in Gurugram's Sector 95, aiming to generate Rs 1,000 crore in revenue upon completion.

NBCC Bags Rs 411.45 Crore Contract for Medical College & Hospital in Maharashtra

July 29, 2024 13:39

NBCC's arm, HSCC (India) Ltd, has won a Rs 411.45 crore contract to build a new medical college and hospital in Buldhana, Maharashtra.

L''T Wins Substation, Transmission Line Projects in India, Overseas

July 29, 2024 10:55

Larsen ''Toubro (L''T) has secured new projects in India and overseas for building substations and transmission lines, contributing to clean energy transition and grid strengthening.

Gensol Engineering Wins Rs 463 Crore Solar Plant Project in Gujarat

July 29, 2024 10:31

Gensol Engineering has secured a Rs 463 crore contract to build a solar plant at Khavda RE Power Park in Gujarat, showcasing its expertise in renewable energy.

Adani to Commission $4 Billion Petchem Project by Dec 2026

July 28, 2024 10:50

Adani Group is entering the Indian petrochemicals sector with a USD 4 billion PVC project, aiming to address the supply-demand gap. The first phase is expected to be commissioned by December 2026,...

Himachal Builds Rs 350 Cr Medical Devices Park, Rejects Central Funding

July 27, 2024 16:15

Himachal Pradesh will build a Rs 350 crore medical devices park with its own funds, rejecting central funding. The park will be built on 265 acres and will be a source of income for the state.

Delhi Road Construction Projects Worth Rs 70k Cr: Gadkari

July 26, 2024 18:57

Union Minister Nitin Gadkari announced Rs 70,000 crore worth of road construction projects underway in Delhi and surrounding areas, aimed at easing traffic congestion. He also highlighted the...

M3M India Appoints Stuart McConnachie as Chief Construction Controller

July 26, 2024 17:04

M3M India has appointed Stuart McConnachie as Chief Construction Controller, bringing over 27 years of experience in construction to the company. McConnachie has held leadership roles at Jacobs,...

Digital Payments in India Rise 12.6% in March 2024: RBI

July 26, 2024 16:29

RBI's Digital Payments Index (RBI-DPI) shows a 12.6% increase in digital payments in India by March 2024, driven by growth in payment performance and infrastructure.

Company Name
Price
Volume

Vodafone Idea L
13.08 ( -3.33)
29872735

GTL Infrastructure
2.61 (+ 4.82)
27404565

YES Bank Ltd.
23.90 (+ 4.00)
25723645

Rama Steel Tubes
15.47 (+ 9.95)
16548526

GACM Technologies
1.61 (+ 3.87)
14261426

Track3D Raises $4.3 Million for Construction...

Track3D, a construction industry tech platform, has secured $4.3 million in seed...

IIT Ropar & Excelsoft Partner for EdTech...

IIT Ropar and Excelsoft Technologies have partnered to establish the 'Professor...

Adani Ports to Develop Multipurpose Berth at...

Adani Ports & SEZ signs concession agreement to develop Berth No. 13 at Deendayal Port,...

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