Real estate stock to grow by this year

Housing sales are expected to rise in 2019, as the realty market is on a recovery path after absorbing the impact of policy reforms like RERA, GST and note ban,…

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JCB to pump Rs 650 cr in new Gujarat plant

JCB is to invest Rs 650 Crores in a new plant in India as the company prepares to celebrate 40 years of manufacturing in the country. The new factory will…

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ADB to invest $50m in Avaada Energy

Asian Development Bank (ADB) has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment…

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Pennar Industries to scale up retail outlets

Pennar Industries Limited has announced its plans to scale up the number of retail outlets for its branded building products ‘Build 360’ from 11 now to 42 by FY 2020….

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An IT park to transform Avadi into IT hub

The Tamil Nadu government will set up a new IT park at a cost of Rs 230 crore in north Chennai, a move aimed at creating more technology hubs in…

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Govt clears two new ports in Bengal

Mamata Banerjee approved to build two new ports in the eastern state, one on its own at Tajpur and second through a partnership with Dubai’s D P World at Kulpi….

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Govt nod for setting up solar projects

The government gave its nod to a proposal for setting up 12,000 MW grid-connected solar photovoltaic (PV) power projects with an estimated viability gap funding of Rs 8,580 crore for…

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Tata Steel to use IT tools to streamline ops

Tata Steel is placing its bets on digital and IT tools to optimise costs, enhance stakeholders’ experience and automate processes as it eyes top slot in the industry in leveraging…

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Bhubaneswar Airport Receives Award

The Biju Patnaik International Airport (BPIA) in Bhubaneswar has won the prestigious Airport Service Quality (ASQ) award for being the best airport in size and region for the year 2018….

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Railways to give land on Rs 1 lease

Railway Minister Piyush Goyal and Karnataka CM HD Kumaraswamy announced that an agreement on forming a special purpose vehicle (SPV) for suburban railway project in Bengaluru. As part of the…

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Highway projects to decongest National Capital Region: Nitin Gadkari

Highway projects worth Rs 5,000 crore are under way to decongest the National Capital Region, Union Minister Nitin Gadkari reportedly conveyed. Transport Minister Gadkari was addressing a gathering while laying…

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HAL commissions 8.4 MW wind plant

Contributing towards green energy and to achieve self-reliance in power, R Madhavan, Chairman and Managing Director, HAL, inaugurated an 8.4 MW wind energy power plant near Ilkal in Bagalkot district…

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Schneider Electric ready for ‘smart factory’

Schneider Electric, the diversified energy management and automation major, is upbeat on its smart factory, smart cities and automation solutions, and expects to see a number of Indian companies transform…

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Peninsula Land to infuse Rs 160 cr in Pune

Ashok Piramal Group’s realty firm Peninsula Land will invest Rs 160 crore to develop 600 apartments in the second phase of its affordable housing project in Pune. The Mumbai-based real…

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Government pushes for 4 hydro projects

The government expects a big push to hydropower sector having received clearances for four projects worth about Rs 45,000 crore. NHPC bagged the 500-mw Teesta hydro power plant under insolvency…

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