NHIDCL floats tenders for ₹187-cr road project

NHIDCL floats tenders for ₹187-cr road project
In an attempt to build top class road network in the north eastern region, the National Highways & Infrastructure Development Corporation (NHIDCL) has floated tenders for road works in Assam. The scope of work includes widening Read More...

Calcutta Muncipal Corp gives go ahead to start metro projects

Calcutta Muncipal Corp gives go ahead to start metro projects
Among others, Rail Vikas Nigam and Kolkata Metro Rail Corporation have been granted permission to resume work on the New Garia-Airport Metro link and East-West Metro, while strictly adhering to the guidelines related to the Read More...

Stimulus sharpens HFCs fund-raising potential

Stimulus sharpens HFCs fund-raising potential
The stimulus package of the government has helped lift the mood of debt investors as Housing finance companies (HFCs) manage to generate ₹5,475 crore collectively. The spread or differential between top-rated corporate bonds Read More...

Toshiba is committed to support India during the COVID-19 pandemic

Toshiba is committed to support India during the COVID-19 pandemic
Since Toshiba's establishment in 1875, the company is 'Committed to People, Committed to the Future'. These words express Toshiba Group's mission and convey the values that the company shares, and emphasize on value creation Read More...

Grundfos India's facility receives the prestigious 'LEED Platinum' certification

Grundfos India's facility receives the prestigious 'LEED Platinum' certification
Grundfos India, a global leader in advanced pump solutions and a trendsetter in water technology, announced that its India facility in Chennai, comprising of both its country headquarters and the factory building Read More...

Karnataka continues with ₹13,000-cr big ticket infra projects

Karnataka continues with ₹13,000-cr big ticket infra projects
The Karnataka government has decided to continue with key infrastructure projects despite its decision to reprioritize investment to take care of the adverse impact of Covid-19. The mega projects include irrigation projects Read More...

PNC Infratech wins ₹1,412-cr highway contract

PNC Infratech wins ₹1,412-cr highway contract
PNC Infratech has been declared as the L1 (lowest) bidder for a NHAI project of 53.95 km, said official sources. The contract involves four-laning of a Meerut - Nazibabad section of NH-119 (New NH-34) from design chainage Read More...

Decks cleared for ₹1,968-cr highway project in Kerala

Decks cleared for ₹1,968-cr highway project in Kerala
Decks have been cleared for six-laning of the National Highway 66 with the Standing Financing Committee of MoRTH clearing the first 39-km corridor from Thalapady to Chengala in Kasargod. Once MoRTH issues the order, NHAI can Read More...

NHAI invites bids for ₹99.72-cr flyover project

NHAI invites bids for ₹99.72-cr flyover project
The National Highways Authority of India (NHAI) has invited bids for the construction of a flyover in Andhra Pradesh, said an official spokesperson, adding that the scope of work in the project involves construction of three Read More...

Karnataka clears 164-km rail line to Western Ghats

Karnataka clears 164-km rail line to Western Ghats
The Karnataka government has cleared the Hubballi-Ankola 164.44 km railway line, which will pass through the Western Ghats, a UNESCO World Heritage Site. According to a site inspection report submitted to the Ministry of Read More...

DMRC restarts construction of Phase-IV metro project

DMRC restarts construction of Phase-IV metro project
The Delhi Metro Rail Corporation (DMRC) has resumed construction of its much-delayed Phase IV project and extension of the Airport Express Line (AEL) and Grey Line (Dwarka-Najafgarh). DMRC had prepared a detailed standard Read More...

Warehousing & Logistics get industry status in UP

Warehousing & Logistics get industry status in UP
The Uttar Pradesh government has decided to accord industry status to warehousing and logistics sector in the state, a move that will help reduce the cost of setting up of parks and units. The state's Industrial Development Read More...

NOIDA permits contractors to start construction work

NOIDA permits contractors to start construction work
According to Chief Executive Officer of Noida Authority, Ritu Maheshwari, about 30 construction and infra projects have been given permissions to start work with around 650 labourers. Out of the total applications, 1600 have been Read More...

Escorts records standalone profit of ₹485.5 crore in last fiscal

Escorts records standalone profit of ₹485.5 crore in last fiscal
Escorts Limited in an official statement said that the company recorded standalone profit of ₹485.5 crore in the just concluded fiscal as against ₹484.9 crore in the previous fiscal. It clocked a consolidated profit of Read More...

Infra Relief: Contractors get six months extension across segments

Infra Relief: Contractors get six months extension across segments
Bringing relief to contractors in the construction and infrastructure segments, all Central agencies have been directed to provide up to 6 months extension, without any cost to them, for obligations such as completion of Read More...

FM announces measures to de-stress Real Estate sector

FM announces measures to de-stress Real Estate sector
Extending relief to real estate developers and to ensure that homebuyers get homes with new timelines, the FM said that the housing and urban affairs ministry will issue an advisory to states and union territories to treat Read More...

Financial Package: Real Estate Industry upbeat

Financial Package: Real Estate Industry upbeat
Reacting on the financial package announced by the Finance Minister, Surendra Hiranandani, CMD, House of Hiranandani, said that the Central Government's Atmanirbhar Bharat initiative is a bold economic measure Read More...

Bihar starts construction of ₹1,216-cr JPNIA airport

Bihar starts construction of ₹1,216-cr JPNIA airport
Construction work has resumed for a new terminal building at Jay Prakash Narayan International Airport at Patna. Nearly 51% work on the cargo complex, technical block, fire station, air traffic control tower and multi-level Read More...

YEIDA allots commercial space around Jewar airport

YEIDA allots commercial space around Jewar airport
In a bid to attract industries to invest on the land parcels near the upcoming Jewar airport, the Yamuna Expressway Industrial Development Authority (YEIDA), has initiated the process of allotting industrial and institutional Read More...

ICRA: Construction Equipment demand to falter further following the Covid-19 pandemic

ICRA: Construction Equipment demand to falter further following the Covid-19 pandemic
The Indian construction (CE) industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity. As a result, the construction equipment industry witnessed a significant Read More...

thyssenkrupp unveils new mobile app for faster assistance to customers

thyssenkrupp unveils new mobile app for faster assistance to customers
In light of the ongoing lockdown in India due to COVID-19 pandemic, thyssenkrupp Elevator (India) has launched a new mobile app for its customers to seek any assistance or register any complaint/call from the comfort of Read More...

Realtors resume construction work of 100 projects in NCR

Realtors resume construction work of 100 projects in NCR
With renewed vigor and alacrity, real estate developers have restarted construction work on over 100 realty projects in the NCR, after securing mandatory permissions from local authorities. The builders are strictly Read More...

Bombardier bags ₹2,577-cr rolling stock contract

Bombardier bags ₹2,577-cr rolling stock contract
Bombardier Transportation has won the rolling stock tender for the Delhi-Meerut Regional Rapid Transit System, the National Capital Regional Transport Corporation, the company said in an official statement. The ₹2,577 crore Read More...

BMC gives nod to 200 real estate projects in Mumbai

BMC gives nod to 200 real estate projects in Mumbai
Shortly after the Brihanmumbai Municipal Corporation (BMC) started giving permissions to private real estate projects in the city for carrying out pre-monsoon construction amidst the lockdown, the civic body has approved more than Read More...

CRISIL: Despite hiccups, Roads & Highways sector to rebound; Aviation flies towards ₹25,000 crore revenue loss

CRISIL: Despite hiccups, Roads & Highways sector to rebound; Aviation flies towards ₹25,000 crore revenue loss
The extended lockdown to contain the Covid-19 pandemic has stalled traffic on the ground as well as in the air; this is likely to lead to huge losses in the infrastructure industries in both the sectors. A CRISIL report estimates Read More...

NHAI launches ₹2,800-cr highway projects in Chennai

NHAI launches ₹2,800-cr highway projects in Chennai
NHAI has resumed three major road projects in the Chennai region involving an estimated investment of ₹2,800 crore. NHAI has already obtained permission from Trichy district administration to resume construction work Read More...

Coal India secures funds for laying ₹.4, 870-cr rail line

Coal India secures funds for laying ₹.4, 870-cr rail line
Coal India subsidiary — South Eastern Coalfields Limited (SECL) — has received a credit of ₹3,976 crore from a consortium of banks, led by State Bank of India, to facilitate laying a rail line for the evacuation of coal. A loan Read More...

UP fast tracks 340-km Purvanchal Expressway project

UP fast tracks 340-km Purvanchal Expressway project
The UP Expressway and Industrial Development Authority (UPEIDA) hasve speeded up construction work on the 340-km long Purvanchal Expressway across all eight packages by engaging 5,000 workers. The strength of workers before Read More...

₹922 cr Parliament building gets eco clearance

₹922 cr Parliament building gets eco clearance
The environment ministry's Expert Appraisal committee has given the green nod for construction of the new Parliament at an estimated cost of ₹922 crore. Meanwhile, the Central Vista committee also approved the new plan Read More...

BRO restarts construction work at Rohtang Tunnel

BRO restarts construction work at Rohtang Tunnel
The construction of the strategic Rohtang tunnel has been restarted by the Border Roads Organization after taking special permission from the Himachal Pradesh government. The work in the Rohtang tunnel, which was christened Read More...
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New Building Material & Construction World
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Modern Green Structures & Architecture
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Lifting & Specialized Transport
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Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week