Paras Buildtech Launches Luxury Residential Project in Gurugram

Paras Buildtech Launches Luxury Residential Project in Gurugram

Paras Buildtech has launched its super-luxury project, "The Manor," at Gwal Pahari in Gurugram. This high-rise residential project spans 4.26 acres and offers an exclusive collection of just 120 luxury apartments. The Manor promises an

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ICRA Ups Growth Target for Domestic Steel Demand

ICRA Ups Growth Target for Domestic Steel Demand

ICRA has revised its outlook on the growth target for domestic steel demand to 9-10 per cent for the current fiscal. The agency attributed this positive shift to robust government spending and strong demand from steel-consuming sectors.

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NHAI Hikes Expressway Toll Fees by 5% for

NHAI Hikes Expressway Toll Fees by 5% for

The National Highways Authority of India (NHAI) has announced a nationwide toll hike averaging 5% on expressways. The hike is part of an annual adjustment based on changes in the Consumer Price Index (CPI)-based inflation.

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Suzlon Group Secures 82 MW Wind Energy Project from Oyster Green

Suzlon Group Secures 82 MW Wind Energy Project from Oyster Green

Suzlon Group has secured an 82 MW wind energy project from Oyster Green Hybrid One. The project involves the installation of 26 wind turbine generators (WTGs), each with a rated capacity of 3.15 MW, at Oyster Green's site in Agar

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Nashik Completes Roadworks on 179 Roads Covering 36km

Nashik Completes Roadworks on 179 Roads Covering 36km

The Nashik Municipal Smart City Development Corporation Ltd (NMSCDCL) has completed work on 179 major and minor roads, covering a total length of 36km at a cost of ₹237 crore. The project aimed to upgrade the city's old civic infrastructure

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Highway Construction Slows in India Due to Election Delays

Highway Construction Slows in India Due to Election Delays

Highway construction in India has slowed significantly in the past two months due to delays in land acquisition approvals amid national elections. Data from the Ministry of Road Transport and Highways shows that 483 km of national highways

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Runwal Unveils Breeze at its Landmark Project in Thane

Runwal Unveils Breeze at its Landmark Project in Thane

Runwal has unveiled Breeze, its finest tower within the marquee project, Runwal Lands End, in Kolshet's premier gated community in the Thane region. Breeze offers over 500 units in 1-2 BHK configurations, with prices ranging from

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Man Industries Secures ₹490 Cr Orders

Man Industries Secures ₹490 Cr Orders

Man Industries, a leading Indian steel line pipe provider for the oil, gas, and water distribution sectors, has announced new orders worth ₹490 crores from both domestic and international clients. These orders, scheduled

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Mumbai Metropolitan Region Set for 34% Growth in Skyscrapers by 2030

Mumbai Metropolitan Region Set for 34% Growth in Skyscrapers by 2030

Mumbai Metropolitan Region (MMR) is set to experience a significant surge in the number of skyscrapers over the next six years. According to the latest data from ANAROCK, MMR will see a 34% increase in buildings with over

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Ministry of Mines Hosts Granite & Marble Mining Workshop in Bengaluru

Ministry of Mines Hosts Granite & Marble Mining Workshop in Bengaluru

The Ministry of Mines recently organized a workshop in Bengaluru that focused on the granite and marble mining sector. The event brought together key figures such as Shri V.L. Kantha Rao, Secretary of the Ministry of Mines, and

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Doka Sets Sustainability Milestone in Formwork and Scaffolding Industry

Doka Sets Sustainability Milestone in Formwork and Scaffolding Industry

Doka, a global leader in formwork and scaffolding, has established itself as a pioneer in sustainability by playing a key role in developing minimum standards for calculating Product Carbon Footprints (PCFs). This milestone represents

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Power Mech Projects Wins 1st Nuclear Power Sector ₹563cr Contract

Power Mech Projects Wins 1st Nuclear Power Sector ₹563cr Contract

Power Mech Projects Limited (PMPL) has announced its inaugural construction project in the nuclear power sector, securing an order valued at ₹563.23 crore. The contract, awarded by BHEL – Power Sector Southern Region, encompasses civil

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LP Logiscience  aims for 50% EV/CNG Fleet

LP Logiscience aims for 50% EV/CNG Fleet

LP Logiscience, the warehousing and 3PL arm of the Liladhar Pasoo Group, has announced a significant transformation of its transportation network. With a focus on eco-friendly solutions, the company aims to achieve a 50% electric

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Ecom Express partners with Skye Air for drone delivery services

Ecom Express partners with Skye Air for drone delivery services

Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, and Skye Air, specializing in drone technology, has announced a partnership aimed at disrupting last-mile delivery solutions. This collaboration

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A.P. Moller & JSW Infra to Form JV for Indian Ports & Logistics

A.P. Moller & JSW Infra to Form JV for Indian Ports & Logistics

Denmark-based infrastructure fund manager A.P. Moller Capital, part of the A.P. Moller Group, has signed a memorandum of understanding (MoU) with JSW Infrastructure to form a joint venture (JV) aimed at investing in and developing

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JK Tyre Opens 12th Brand Shop for Commercial Vehicles in Maharashtra

JK Tyre Opens 12th Brand Shop for Commercial Vehicles in Maharashtra

JK Tyre & Industries Ltd., a leading player in the Indian tyre industry, has inaugurated its 12th brand shop for commercial vehicles in Maharashtra. This new facility, operated by ARM Logistic Solutions Pvt. Ltd., was inaugurated

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GAIL (India) Inaugurates 1st Green Hydrogen Plant in Madhya Pradesh

GAIL (India) Inaugurates 1st Green Hydrogen Plant in Madhya Pradesh

GAIL (India) has inaugurated its first green hydrogen plant at Vijaipur, Madhya Pradesh, marking a significant step in its expansion into new and alternative energy sources. The 10-MW proton exchange membrane (PEM) electrolyser

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RVNL Wins Bid for Six Elevated Metro Stations in Nagpur

RVNL Wins Bid for Six Elevated Metro Stations in Nagpur

Rail Vikas Nigam Ltd. (RVNL) has been selected as the lowest bidder by Maharashtra Metro Rail Corporation (Nagpur Metro) for constructing six elevated metro stations in Nagpur. These stations will be located at Cantonment, Kamptee Police

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394-meter-long ADIT Completes for Bullet Train Project

394-meter-long ADIT Completes for Bullet Train Project

The Additionally Driven Intermediate Tunnel (ADIT) of 394 meter at Ghansoli for Mumbai- Ahmedabad Bullet Train Project, has been excavated. This will expedite the construction of 21 km long tunnel between BKC and Shilphata in Maharashtra.

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Kolkata Metro to Implement Driverless Technology with CBTC System

Kolkata Metro to Implement Driverless Technology with CBTC System

Kolkata Metro, India’s first metro system, is set to implement the Communication-Based Train Control (CBTC) system, enabling driverless train operations on two routes. This advanced signalling upgrade, costing ₹800 crore, will

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Railways Floats Tender for Infra Projects on Solapur-Tuljapur Section

Railways Floats Tender for Infra Projects on Solapur-Tuljapur Section

Central Railway has issued a tender for the construction of major bridges, road over bridges (ROBs), and various civil structures on the Solapur-Tuljapur section in Maharashtra. The project, valued at ₹942.03 crore, includes earthwork

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Navanaami Projects Unveils Luxury Residential Project in Hyderabad

Navanaami Projects Unveils Luxury Residential Project in Hyderabad

Navanaami Projects Private Ltd., a leading real estate developer from Hyderabad, has unveiled "The Megaleio," a luxurious residential project, at a grand event in the city. The project, envisioned as Navanaami's flagship, showcases

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India Ratings Maintains Stable Outlook for Infrastructure Sector in FY25

India Ratings Maintains Stable Outlook for Infrastructure Sector in FY25

India Ratings and Research (Ind-Ra) has maintained a Stable rating outlook for the overall infrastructure sector for FY25, while keeping a Positive outlook on airports. The rating outlook for thermal assets has been revised to Stable

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Elgi Equipments Unveils Upgraded EG PM Series Air Compressors

Elgi Equipments Unveils Upgraded EG PM Series Air Compressors

Elgi Equipments, a global leader in air compressor manufacturing, has introduced the EG PM (Permanent Magnet) oil-lubricated screw air compressors ranging from 11 to 45 kW, enhancing its EG Series range. The advanced EG PM

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ICRA Forecasts Optimistic Monetisation Potential of NHAI Road Assets

ICRA Forecasts Optimistic Monetisation Potential of NHAI Road Assets

ICRA predicts a monetisation potential of ₹53,000 – 60,000 crore from the sale of 33 road assets through TOT/InvIT mode, offering a lending opportunity of ₹38,000-43,000 crore for banks/capital markets. They anticipate

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RSIIL Secures Two Infrastructure Projects Worth ₹4,900 Cr

RSIIL Secures Two Infrastructure Projects Worth ₹4,900 Cr

Roadway Solutions India Infra Limited (RSIIL), a demerged entity from Roadway Solutions India Private Limited (RSIPL), has won two infrastructure projects from Maharashtra State Road Development Corporation (MSRDC) valued at

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Road Transport Fleet Operators Set to Double Revenue Growth

Road Transport Fleet Operators Set to Double Revenue Growth

Revenue growth of road transport fleet operators is expected to double to 9-11% this fiscal, riding on better domestic demand, and despite tepid exports. Also, operating margin is seen improving 75-100 basis points on better

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JSW Paints Marks Milestone with First Operating Profits

JSW Paints Marks Milestone with First Operating Profits

JSW Paints, India’s leading environment-friendly paints company and part of the US$ 24 billion JSW Group, posted its first full year operating profits at an EBITDA margin of more than 3% (approx. ₹67 crores) for the fiscal year ended

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Cube Highways Trust Closes FY24 On Strong Note

Cube Highways Trust Closes FY24 On Strong Note

Cube Highways Trust has announced its results for the quarter and the full-year ended March 31, 2024. The Board of Directors of the Investment Manager has declared a Distribution Per Unit (“DPU”) of ₹3.94 to ordinary unitholders, amounting

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AM/NS India drives cost efficiencies to yield financial savings

AM/NS India drives cost efficiencies to yield financial savings

AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, announced financial savings of ₹2,900 crore for 2023, crediting its continuous improvement program. This initiative prioritizes process optimization, workplace safety

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