News

NHSRCL-L&T inks ₹24,000-cr largest-ever bullet train contract

The National High-Speed Rail Corporation (NHSRCL) has signed the country's largest-ever government-financed civil contract worth ₹24,000 crore for the Ahmedabad-Mumbai bullet train project with the infrastructure building Read More...

UP to start work on ₹36,410-cr Ganga expressway project

The Uttar Pradesh government is all set to start the construction work on the Meerut- Allahabad Ganga Expressway project involving an investment of ₹36,410-crore. The CM office has directed the departments concerned Read More...

Govt sanctions ₹12,434-cr for roads bordering China

The Ministry of Home Affairs has sanctioned ₹12,434.90 crore for expediting the construction of 32 roads on the India-China border under Phase-2. The proposal was stepped up in the wake of the standoff with China in Read More...

NHAI invites bids for ₹17,000-cr Bengaluru-Chennai expressway

The NHAI has invited bids for one package of the 263-km Bengaluru-Chennai Expressway. The work on this four-lane expressway project, which will provide high-speed and seamless connectivity to two logistics parks in Read More...

MoRTH launches ₹1,621-cr elevated road in Chennai

The Union transport minister has laid the foundation stone for the 10.01-km long elevated highway from Uppilipalayam to Goldwins on Avinashi Road in the city at a function at Kalaivanar Arangam in Chennai. For the project Read More...

Centre clears ₹820 cr for road & bridge project across Krishna River

To provide smooth and hassle-free road connectivity to riverbank villages in Kurnool and Mahabubnagar districts, the Union transport ministry has planned to build a new road along with a bridge on the Krishna River Read More...

Sadbhav secures LoA for ₹1,572-cr road contracts

Sadbhav Engineering announced that it has received a Letter of Acceptance from the National Highway Authority of India for two EPC road projects involving an investment of ₹1,572 crore. The first project, amounting to Read More...

MoRTH kick-starts ₹7,500-cr road projects in UP

The Union transport minister, Nitin Gadkari, has laid the foundation stones for 16 highway projects in Uttar Pradesh. These highway projects cover a road length of 505 kilometres in total and the construction of these Read More...

ECoR inks MoU for building ₹436-cr ROBs in Odisha

To ensure hassle-free, safe and smooth movement of train traffic on its network, East Coast Railway (ECoR) has signed MoU with Telecommunications Consultants India Ltd (TCIL) for construction of six road-over-bridges Read More...

Ircon International wins ₹723-cr RRTS contract

The National Capital Region Transport Corporation (NCRTC) has awarded ₹723 crore contract to Ircon International for design, supply, installation, testing and commissioning of receiving sub-stations and associated Read More...

BMC gets approval for twin underwater tunnels

The Brihanmumbai Municipal Corporation (BMC) has secured permission to start boring works for the underwater twin tunnels of 2-km and three lanes each. The assembling of heavy machinery, weighing over 500 tons, has already Read More...

Kalpataru targets ₹350-cr real estate projects

Real estate builder, Kalpataru, a part of the diversified business house Kalpataru group, has targeted to invest ₹350 crore in the next couple of years to develop a premium housing project in Mumbai. The company has already Read More...

Delhi plans 150-acre Business Park at Rani Khera

Delhi State Industrial and Infrastructure Development Corporation Ltd (DSIIDC), the Delhi government's controlled entity, has announced the setting up of a high-tech business park at Rani Khera on 150 acres of land Read More...

JCB India launches industry’s first dual-fuel CNG Backhoe Loader

India's leading manufacturer of Earthmoving and Construction equipment, JCB India Limited, has launched the Industry’s first dual-fuel CNG (Compressed Natural Gas) Backhoe Loader in India. Called the JCB 3DX DFi Read More...

NHAI unveils new link to Mumbai-Agra highway

The National Highways Authority of India (NHAI) is all set to start construction work for the six laning of 20-km stretch on Mumbai-Agra highway from Gonde to Pimpri Sado junction in Pune, under the Mumbai-Nagpur Samruddhi Read More...

Hiranandani launches Glen Ridge tower in Bangalore

House of Hiranandani has launched Glen Ridge tower within its integrated community at Hebbal, a 10-acre development in North Bengaluru where the architectural masterpiece located around a tech hub will provide a Read More...

TDI Infratech plans ₹100cr project in Mohali

Real estate building player, TDI Infratech, has announced that it will invest ₹100 crore to develop a commercial project in Mohali on an area of over 1.38 acres with a built-up area of 1.5 lakh sq ft. The project is an Read More...

Mitsui & Co wins $173-mn rail equipment contract

Mitsui & Co has won a contract of about 18 billion yen amounting to $173.2 million to supply an Indian railway with maintenance equipment. The Japanese trading house informed that the development is yet another step in its Read More...

Adarsh Developers launches Adarsh Green project

Adarsh Developers, one of the leading real estate companies based in Bangalore, has launched Adarsh Greens, a new residential real estate project near Jakkur Lake on the outskirts of the city offering 1 & 2 BHK housing units Read More...

CMDA unveils 800-acre residential project

The Chennai Metropolitan Development Authority (CMDA) has planned a residential project on an area stretching across 800 acres around Agaramthen village, 17 km from Tambaram under the land pooling scheme wherein 60 per Read More...

NHIDCL floats tender for ₹245-cr road project

The National Highways & Infrastructure Development Corporation (NHIDCL) has floated tender for road up-gradation in the Union Territory of Jammu & Kashmir entailing an investment of ₹245.39 crore. The scope of work Read More...

Max Estates launches ₹400-cr realty project in Noida

Max Estate, the real estate subsidiary of Max Group, has started the construction of its new commercial project named Max Square comprising office and retail spaces on the Noida Expressway at an investment of ₹400 crore Read More...

Maharashtra kick-starts ₹4,000-cr mega housing scheme

Maharashtra Government has launched a new rural housing project named 'Maha Awas Yojana' under which 8.82 lakh rural houses will be built in 100 days. The project has been undertaken by Maharashtra's Rural Development Read More...

Mining & Construction Equipment staged strong recovery in Q3 2020

On the back of strong demand uptick in Q3, ICRA revises mining and construction equipment demand decline in CY2020 to 12-14% ; however, maintains Negative outlook. CY2021 likely to witness a healthy 20+% volume growth Read More...

NDB injects $500-mn booster in RRTS corridor

The New Development Bank (NDB) has approved a $500 million funding booster amounting to about ₹3,700 crore into the Delhi-Ghaziabad-Meerut RRTS Corridor. The funds are meant to be invested to finance rolling stock Read More...

CMRL launches ₹61,843-cr Phase-II of metro project

Union Home Minister has laid the foundation stone for the Phase II of the Chennai Metro Rail project involving an investment of ₹61, 843 crore. The minister launched the project via videoconference from a hall in Anna Salai Read More...

GPT Infra wins ₹162-cr bridge contract in Kolkata

GPT Infraprojects Limited (GPT) has bagged an order worth ₹162.83 crore in a joint venture in which GPT's share is 51%. The contract has been awarded by the office of the Hooghly River Bridge Commissioners (HRBC), Transport Read More...

Mahindra Logistics expands its multi-user & flex warehousing

Mahindra Logistics Ltd. (MLL), one of India’s largest third-party logistics (3PL) solution providers, has added more than 7.5 lakh sq.ft area to its existing ‘Built-To-Suit’ warehousing capacity in Hyderabad and Chennai Read More...

L&T secures yet another 87-km bullet train contract

Close on the heels of securing the C4 Package of the Mumbai-Ahmedabad High Speed Rail (MAHSR) from the National High-Speed Rail Corporation Limited (NHSRCL), the biggest EPC contract for the construction of the 237.1 km Read More...

Centre clears ₹12,396-cr ring rail network in Bangalore

The Union government has cleared the much delayed 148-km long suburban rail project for Bengaluru, connecting towns across seven directions around the city. The towns include Mysore, Mandya, Tumkur, Hosur, Bangarapet Read More...