Industry News

Global Rental Alliance addresses key equipment rental issues

The Global Rental Alliance (GRA), a networking organisation for equipment rental associations, convened for the first time under the stewardship of the European Rental Association (ERA) to address the Alliance's future priorities and the expansion Read More...

IndoSpace targets $300-mn investment in logistics sector

IndoSpace, country's largest investor and manager of Grade A industrial and logistics, has targeted to invest $300 million across major warehousing and industrial hubs in the country — and add 4 million sqft of warehousing portfolio by the end Read More...

Greaves Cotton bets big on non-automotive biz

Following the increased demand from sectors such as infrastructure, defence, construction, farm and machinery, among others, Greaves Cotton expects its non-automotive engine business will continue to witness growth. CEO and MD Nagesh Read More...

Western Railway plans 506 sq mtrs retail mall in Mumbai

Western Railway (WR) had planned to build a shopping mall that will have retail, game zone and even a recreation room as its commercial department will offer 506 sq meter of space adjacent to the booking office. The successful bidder can use this Read More...

Eurotec machines keep South East Asia's tallest building on track

An iconic landmark is taking shape on the skyline of Kuala Lumpur, Malaysia and a Eurotec concrete batching plant plus flake ice plant are working in tandem to ensure the project remains on course to meet its revised completion date. The crystalline tower of Read More...

ACC and Ambuja Cements accelerate decarbonisation agenda

Ambuja Cement and ACC – both operating companies of leading global building material and solutions organisation LafargeHolcim – have collectively accelerated their decarbonisation agenda. The aim is to generate clean and green energy in line with Read More...

India-EU agrees to advance implementation of projects across sectors

To strengthen their partnership, India and the European Union has agreed to advance the implementation of the action plans set out in the EU-India Roadmap 2025 and foster new synergies to jointly contribute to a safer, greener, cleaner Read More...

NAREDCO seeks extension of compliance norms in UP

The National Real Estate Development Council (NAREDCO) for Uttar Pradesh has sought a six months automatic extension for compliance with various orders issued by the Real Estate Regulatory Authority (RERA) of the state as the construction Read More...

Sunteck rolls out realty plans for MMR region

To match the emerging demand scenario in the Mumbai Metropolitan Region (MMR), Sunteck Realty has planned to start the development of two-three million sq ft of real estate projects in the current financial year, in addition Read More...

Bentley Systems announces acquisitions of sensemetrics and Vista Data Vision

EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, has announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Read More...

DMRC expedites ₹8,390-cr Aerocity-Tughlaqabad corridor

Delhi Metro Rail Corporation is all set to start construction work on the underground section of Phase-IV of its upcoming Silver Line— the Aerocity-Tughlaqabad corridor for which the DMRC has already secured a loan from Japan International Read More...

MoRTH targets 331-km of tunnelling by 2026

The Union transport ministry has aimed to complete tunnel projects totalling 331-km in length by 2026. Union transport minister, Nitin Gadkari, informed that the aggregate length of National Highway tunnels under operation is 31 km Read More...

K-RIDE invites bids for ₹54,000-cr Bengaluru suburban rail

The Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE) has invited bids for comprehensive design consultants (DOC) for a 148-km long suburban rail project in Bengaluru involving an investment of about ₹54,000 crore Read More...

DMRC floats tender for ₹1,365-cr underground metro line

The Delhi Metro Rail Corporation Ltd has floated a global tender for the construction of a 6.981 km underground section under Package DC-07 between Sangam Vihar Station – Sarita Vihar depot including the construction of three metro Read More...

Wabtec to support Delhi-Meerut RRTS with $15-mn worth of components

Wabtec Corporation (NYSE WAB) has announced that it will support the Delhi-Meerut Regional Rapid Transport Systems (RRTS) with critical component orders worth $15 million for new rolling stock. The company will supply advanced technology Read More...

Kerala expedites ₹64,000-cr semi high-speed rail project

The Kerala Government has planned to give a massive push to the mega infrastructure projects initiated in the first term, including the ₹64,000-crore semi-high speed rail project connecting Thiruvananthapuram to Kasaragod and the 610-km Read More...

Pune earmarks ₹1,000-cr for building 11 STPs

Matching to the Japan International Cooperation Agency's terms and conditions, the Pune Municipal Corporation has set aside a sum of ₹1,000 crore to treat sewage water released into the Mula-Mutha river, for which the PMC has to install Read More...

AP approves ₹2,021-cr infrastructure projects

The Andhra Pradesh state cabinet has approved new development projects, including the ₹1,000 crore Vizag Beach Corridor, to make Visakhapatnam the prime tourist destination. According to Special Chief Secretary (Tourism and Culture), Rajat Bhargava Read More...

VOCPT invites bids for ₹434-cr container terminal

V O Chidambaranar Port Trust (VOCPT) in Tamil Nadu's Thoothukudi district has invited bids to convert one of its bulk cargo handling berths into a container terminal through the public-private partnership (PPP) at an investment of ₹434.17 crore Read More...

Meghalaya targets 1,800-km road network this fiscal

Meghalaya Government has targeted to complete about 1,800 km of roads length under the Pradhan Mantri Gram Sadak Yojana (PMGSY) during the current financial year. State CM Conrad Sangma informed that the performance was good Read More...

RBI allows home loans restructuring of realty companies

The RBI has decided to allow banks to restructure loans of companies based on the project and not the developer. The initiative will not just benefit developers but homebuyers as well and also act as a breather for stuck projects Read More...

NHAI to construct 500 oxygen plants across the country

The National Highways Authority of India will carry out the construction work for setting up of around 500 medical oxygen plants across districts in India. The government has given this task to the nodal road-building agency to fast track Read More...

ADB bats for sustainable urban infra for brighter future

According to Asian Development Bank, improving the quality of life along with social and economic opportunities in Asia's fast-growing cities is instrumental in fulfilling their potential as engines of economic prosperity and hubs for Read More...

PM house in new Central Vista gets green signal

The environment ministry's Expert Appraisal Committee (EAC) has granted the necessary clearance for the construction of the Prime Minister's and Vice President's new residences. According to Central Public Works Department, the nodal agency Read More...

Increasing cost of raw materials to hit construction & real-estate sector

An increase in prices of raw materials, steel and cement, could cast a shade on the construction cost of highways as well as real estate projects. In case of roads, a majority are being built on bitumen, therefore, there won't be an Read More...

$Doosan Infracore partners with o9 Solutions for Integrated Business Planning$

Doosan Infracore partners with o9 Solutions for Integrated Business Planning

An AI-driven integrated planning and operations solution provider for the enterprise, o9 Solutions Inc., has announced that it would supply its next-generation AI-powered integrated business planning platform for real-time demand and supply Read More...

LafargeHolcim collaborates with IIT Hyderabad for smart building solutions

LafargeHolcim has partnered up with the Indian Institute of Technology Hyderabad to collaborate on the development of innovative and smart building solutions. This academic collaboration will be implemented through a research project Read More...

MoRTH plans to construct 40-km of highway daily this fiscal

The Union transport ministry has planned to construct 40-km of highways every day in the current financial year, beating its daily record of 37 km that was constructed during 2019-20. The ministry has exceeded the target for highway Read More...

KIA plans 255,000 sq mt Terminal-2 expansion

The pandemic has caused a delay in Kempegowda International Airport (KIA) expansion plan and to make up for the lost time, its management has reworked its expansion strategy and now going all out to make the T2 operational Read More...

Govt to launch reverse auctioning in rail supplying system

The government is contemplating launching a 'reverse auction process' to supply rails for railway projects. JSPL MD, V R Sharma, informed that they were apprised that Indian Railways is going to launch this process and are waiting for the government Read More...