IRCON Secures Rs 1,200 Cr Railway Project in Joint Venture

IRCON announced securing a railway project
IRCON announced securing a railway project valued at about Rs 1,200 crore through a joint venture. The project, awarded by East Coast Railway, involves the construction of the Kottavalasa-Koraput Doubling Project from Shivalingapuram Station to Borraguhalu Station. Operated under the joint venture Ircon-DRA JV with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA), the project will be executed in engineering, procurement, and construction (EPC) mode within 1,260 days, as per IRCON's exchange filing.
Grade A Office Space Demand in India to Surpass 70 MSF in 2024: CREDAI

Grade A Office Space Demand in India to Surpass 70 MSF in 2024: CREDAI

According to a report issued by CREDAI in collaboration with CRE Matrix, Grade A office space leasing demand in India will cross 70 Million Square Feet (MSF) this year. The report highlighted how India has already experienced a notable

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NHAI Conducts Workshop on Insurance Surety Bonds

NHAI Conducts Workshop on Insurance Surety Bonds

NHAI organized a workshop in New Delhi to discuss the implementation of Insurance Surety Bonds (ISB) for NHAI contracts. The objective was to review progress and encourage wider adoption of the instrument. The workshop featured addresses

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Shri Atul Kumar Tiwari Inaugurated India’s Biggest Skill Competition

Shri Atul Kumar Tiwari Inaugurated India’s Biggest Skill Competition

Shri Atul Kumar Tiwari, Secretary of the Ministry of Skill Development & Entrepreneurship, inaugurated the IndiaSkills Competition 2024 today. This competition, hailed as the country’s largest skill event, aims to showcase the

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ICRA Forecasts Strong Growth in Air Passenger Traffic for FY2025

ICRA Forecasts Strong Growth in Air Passenger Traffic for FY2025

ICRA projects a robust growth of around 8-11% year-on-year (YoY) in overall air passenger traffic, reaching approximately 407-418 million in FY2025. This growth is anticipated to be driven by a substantial increase in both leisure and

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MatchLog partners with DahNAY to enable green logistics

MatchLog partners with DahNAY to enable green logistics

MatchLog, a pioneer in sustainable logistics and supply chain optimization, has collaborated with DahNAY, a company providing innovative logistics solutions, to optimize supply chain management via efficient container triangulation.

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BRO Breaks Through Sungal Tunnel on Jammu-Poonch Highway

BRO Breaks Through Sungal Tunnel on Jammu-Poonch Highway

The Border Roads Organisation (BRO) has reached a significant milestone with the breakthrough of the 2.79-km Sungal tunnel along the Jammu-Poonch national highway. BRO chief Lt Gen Raghu Srinivasan expressed optimism about

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AJAX Engineering Becomes First in India to Export Slip-form Pavers

AJAX Engineering Becomes First in India to Export Slip-form Pavers

AJAX Engineering, India's top concreting equipment manufacturer, has achieved a significant milestone by becoming the first in the country to export Slip-form Pavers, specialized heavy concrete equipment crucial for large-scale

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Indian Railways Awards Rs 818 Cr Wagon Contract to SAIL-RITES

Indian Railways Awards Rs 818 Cr Wagon Contract to SAIL-RITES

The Indian Railways has awarded a substantial wagon manufacturing contract worth Rs 817.74 crore to the joint venture of Steel Authority of India Limited (SAIL) and Rail India Technical and Economic Service (RITES). The joint

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IKEA partners with Rhenus ahead of its online expansion in Delhi NCR

IKEA partners with Rhenus ahead of its online expansion in Delhi NCR

IKEA has signed an MoU with Rhenus Logistics to elevate the home delivery experience for customers in the Delhi NCR region. This step aims to support the growth of IKEA's e-commerce expansion and ensure faster and sustainable deliveries

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Jindal Stainless supplies high-strength stainless steel to Vande Metro

Jindal Stainless supplies high-strength stainless steel to Vande Metro

Jindal Stainless has supplied the tempered 201LN grade of high-strength stainless steel for the Vande Metro train manufactured at the Integral Coach Factory (ICF) in Chennai. The Vande Metro train is a shorter-distance version

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24X7 Geotechnical Monitoring Instruments Used for Bullet Train Project

24X7 Geotechnical Monitoring Instruments Used for Bullet Train Project

Highly sensitive Geotechnical Monitoring Instruments are being deployed to ensure the safety of civil structures and service utilities in and around the construction sites for the Bullet Train corridor in Maharashtra.

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Union Minister Visits Chabahar, Iran for Port Terminal Development

Union Minister Visits Chabahar, Iran for Port Terminal Development

Union Minister Shri Sarbananda Sonowal visited Chabahar, Iran on 13 May 2024 to witness the signing ceremony of a Long-term Main Contract for the development of Shahid Beheshti Port Terminal. India Port Global Limited

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DLF Plans to Launch 11 Million Sq. Ft. of New Projects in FY25

DLF Plans to Launch 11 Million Sq. Ft. of New Projects in FY25

Real estate major DLF aims to introduce more than 11 million sq. ft. (msf) of new products in the fiscal year 2025, targeting diverse markets such as Gurugram, Mumbai, Goa, and Chandigarh Tri-city. These launches are estimated

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Smart City Road Work in Panaji may miss May 31 deadline

Smart City Road Work in Panaji may miss May 31 deadline

As the deadline for completing ongoing smart city work in Panaji approaches on May 31, Imagine Panaji Smart City Development Limited (IPSCDL) faces practical challenges in completing the smart road work from Caculo Mall to

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Emiza opens state-of-the-art warehouse in Mumbai

Emiza opens state-of-the-art warehouse in Mumbai

Emiza has opened its 27th warehouse in Mumbai, covering 125,000 square feet and strategically situated in the industrial area of Bhiwandi in Thane, providing versatile multiclient capabilities. This expansion highlights Emiza's commitment

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KSH Logistics expands warehousing capacity in Chennai

KSH Logistics expands warehousing capacity in Chennai

KSH Logistics has announced the expansion of its multi-client warehousing facility in Chennai, which now spans 25,000 square feet and includes ground storage capabilities. With strong tech support, the newly expanded facility caters

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MSDE Partners with Mahindra Group for Drone Didi Yojana Pilot Projects

MSDE Partners with Mahindra Group for Drone Didi Yojana Pilot Projects

The Ministry of Skill Development and Entrepreneurship (MSDE) has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra Ltd to conduct two Pilot Projects under the Drone Didi Yojana. The event witnessed the presence

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NHAI Debars Toll Operating Agency for Misbehaving with Highway Users

NHAI Debars Toll Operating Agency for Misbehaving with Highway Users

NHAI has taken stringent action against Riddhi Siddhi Associates for an incident of assault and misbehavior with National Highway users at Sirmandi Toll Plaza on the Amritsar-Jamnagar section in Rajasthan. Following reports of assault

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Adani Enterprises Plans ₹80,000 Cr Capex for FY25

Adani Enterprises Plans ₹80,000 Cr Capex for FY25

Adani Enterprises, the flagship firm of the Gautam Adani-led group, intends to invest ₹80,000 crore across its various businesses in the current financial year, revealed a senior company executive. Saurabh Shah, deputy chief financial

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