"Changes in the works to make roads surety bonds lucrative"

“Changes in the works to make roads surety bonds lucrative”

Road,Transport and Highways Minister Nitin Gadkari said that changes will be made to the surety bond offering to make it more lucrative as no contractor is buying it because of…

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Construction equipment sales grow 26 per cent to cross 1 lakh units

Construction equipment sales grow 26 per cent to cross 1 lakh units

India’s construction equipment industry turned in its best ever performance with 26 per cent year-on-year growth in FY23 as sales crossed the one lakh unit mark driving on road construction…

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Jindal Aluminium upholds its No.1 position as India's largest aluminium extrusion company

Jindal Aluminium upholds its No.1 position as India’s largest aluminium extrusion company

Jindal Aluminium, India’s largest aluminium extrusion company, has produced a record 1,06,000 metric tons of extruded aluminium products. The company has maintained its position as India’s largest aluminium extruded products…

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Macrotech Developers to invest Rs 4,500 crore this fiscal on construction of real estate projects

Macrotech Developers to invest Rs 4,500 crore this fiscal

Macrotech Developers Ltd is set to invest Rs 4,500 crore this fiscal year on construction of real estate projects as it seeks to ramp up execution capabilities amid strong housing…

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L&T announces appointment of S N Subrahmanyan as Chairman and Managing Director

L&T appoints S N Subrahmanyan as Chairman and MD

The board of directors of Larsen and Toubro (L&T) at its meeting decided to confer the status of Chairman Emeritus on A M Naik after he decided to step down…

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Kolte Patil announces addition of new residential projects in Pune worth Rs 1,300 crore

Kolte Patil announces addition of new residential projects in Pune worth Rs 1,300 crore

The realty firm Kolte-Patil Developers Ltd announced that it has signed two residential projects in Pune with a total estimated revenue potential of Rs 1,300 crore. The company informed  that…

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SCHWING Stetter India honoured as "World Client of the Year" by Leadership Management International

SCHWING Stetter India honoured as “World Client of the Year” by Leadership Management International

Schwing Stetter India, one of the country’s leading construction and concreting equipment manufacturers, was recently honoured as the “World Client of the Year” at a conference held by Leadership Management…

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Nearly 50000 km of National Highways added in 9 years

Nearly 50,000 km of National Highways added in 9 years

According to official data, around 50,000km of National Highways have been added in the last nine years. In 2014-15, India has a total of 97,830 km of National Highways, which…

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Coal to dominate India power mix despite record renewables push

Coal to dominate India power mix despite record renewables push

Coal will remain India’s largest source of electricity generation by 2030 and additional new plants will be required, even as the nation adds record clean energy installations to hit climate…

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India plans to link its power grid with Saudi Arabia and the UAE

India plans to link its power grid with Saudi Arabia and the UAE

India is planning to link its power grid with Saudi Arabia and the UAE through undersea cables, as per reports citing Union Minister for Power and Renewable Energy Raj Kumar…

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ArcelorMittal parent to raise $5 billion for AM/NS

ArcelorMittal parent to raise $5 billion for AM/NS

ArcelorMittal, the world’s second largest steelmaker, has inked agreements with a clutch of Japanese banks to raise a $5 billion loan to fund the proposed expansions undertaken by the company’s…

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Union Minister inaugurates centre for Ports, Waterways and Coasts Discovery Campus

Sonowal inaugurates National Technology Centre for Ports, Waterways and Coasts

Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal inaugurated the Discovery Campus of the National Technology Centre for Ports, Waterways and Coasts at IITM, Chennai, Tamil Nadu. The centre…

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Tata Steel signs a business cooperation agreement with A&B Global Mining

Tata Steel signs a business cooperation agreement with A&B Global Mining

Tata Steel has signed a business cooperation agreement with A&B Global Mining Pvt Ltd (ABGM) to harness new business development opportunities and deliver mine technical services in areas such as…

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UP Govt receives Rs 2 lakh crore investment commitments for power sector

UP Govt receives Rs 2 lakh crore investment commitments for power sector

 Uttar Pradesh’s Energy Minister, AK Sharma has announced that the State Government has received investment commitments of about Rs 2 lakh crore in the solar energy and related sectors. As…

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ReNew raises $400 million through green bonds

ReNew raises $400 million through green bonds

ReNew Energy Global (ReNew) said that its wholly-owned subsidiary, Diamond II, has raised $400 million through the issue of senior secured green bonds.The green bonds has received strong demand from…

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