JK Tyre Reports Strong FY24 Performance, Declares 225% Dividend

JK Tyre Reports Strong FY24 Performance, Declares 225% Dividend

JK Tyre & Industries Ltd. announced its audited results for FY2024, with the Board recommending a dividend of ₹4.50 per equity share. Dr. Raghupati Singhania, CMD, highlighted the company's highest-ever sales and profits during the fiscal

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76,000 Segments to be cast for 16 km tunnel for Bullet Train Project

76,000 Segments to be cast for 16 km tunnel for Bullet Train Project

A 21-kilometer tunnel is under construction between the Bandra Kurla Complex and Shilphata for the Mumbai-Ahmedabad Bullet Train Project. Of the total length, 16 kilometers will be excavated using three Tunnel Boring Machines (TBMs), while

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MoRTH Constructs 483 km National Highways in April 2024

MoRTH Constructs 483 km National Highways in April 2024

In April 2024, the Ministry of Road Transport and Highways (MoRTH) made significant progress across various fronts. The construction of National Highways saw the completion of 483 kilometers, compared to 523 kilometers in the same

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RITES to Supply 200 Passenger Carriages to Bangladesh Railways

RITES to Supply 200 Passenger Carriages to Bangladesh Railways

RITES, a leading transportation consultancy and engineering firm, has secured a contract worth Rs 915 crore to supply 200 broad gauge passenger carriages to Bangladesh Railways. In addition to carriage supply, RITES will provide

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JSW Cement to Invest Rs 3,000 Cr in New Rajasthan Facility

JSW Cement to Invest Rs 3,000 Cr in New Rajasthan Facility

JSW Cement has announced plans to invest approximately Rs 3,000 crore in establishing a cement manufacturing facility in Nagaur district, Rajasthan. The greenfield project will be financed through a combination of debt and equity

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NHAI Establishes Corridor Management Units for National Highways

NHAI Establishes Corridor Management Units for National Highways

The National Highways Authority of India (NHAI) has launched Corridor Management Units (CMUs) to oversee the operation and maintenance of National Highway stretches. This strategic initiative aims to enhance focus on monitoring

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Assetz Property Launches Luxury Residential Project in Bengaluru

Assetz Property Launches Luxury Residential Project in Bengaluru

Assetz Property Group has unveiled the upscale residential project Sora & Saki at KIADB Hardware & IT Park. Collaborating with Fairlark, a renowned business house, Assetz promises to redefine urban living with a focus on design, luxury

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Patel Engineering Reports Strong Financial Performance in Q4 FY24

Patel Engineering Reports Strong Financial Performance in Q4 FY24

Patel Engineering Limited, one of the pioneers in integrated infrastructure and construction services in India has announced its financial results for the last quarter of FY24. Rupen Patel, Chairman & Managing Director, Patel Engineering

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IndiaSkills 2024 Breaks Gender Norms with Surge in Female Participation

IndiaSkills 2024 Breaks Gender Norms with Surge in Female Participation

The IndiaSkills Competition 2024, held from 15th to 19th May at Yashobhoomi, Dwarka, saw a remarkable rise in women's involvement in traditionally male-dominated trades. With over 900 candidates from 30+ States and Union Territories

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Ministry of Steel Hosts National Workshop on Sustainable Practices

Ministry of Steel Hosts National Workshop on Sustainable Practices

The Ministry of Steel organized a National Workshop on "Forging Sustainability in the Steel Sector" at Vigyan Bhawan, New Delhi. The workshop aimed to promote sustainable practices in the steel industry by addressing key issues and

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NCRTC Invites Bids for Commercial Spaces in Delhi-Meerut RRTS Project

NCRTC Invites Bids for Commercial Spaces in Delhi-Meerut RRTS Project

The National Capital Region Transport Corporation (NCRTC), overseeing the Rs 30,000-crore Delhi-Meerut regional rapid transit system (RRTS) project, has initiated bids for leasing commercial spaces at three stations along the corridor.

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Emiza unveils Mumbai Warehouse with Rs 15 crore investment

Emiza unveils Mumbai Warehouse with Rs 15 crore investment

Emiza has announced the opening of its state-of-the-art warehouse facility in Mumbai, with a substantial investment of 15 crores. “This state-of-the-art warehouse signifies Emiza's steadfast commitment to advancing logistical capabilities

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Call for Entries: ITA Tunnelling Awards 2024

Call for Entries: ITA Tunnelling Awards 2024

The international competition "ITA Tunnelling Awards 2024" is now open for submissions, seeking to recognize groundbreaking innovations and outstanding projects in tunnelling and underground space utilization. The 10th edition of the

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Western Railway Invites Bids for ₹261.79 cr Bridge Project in MP

Western Railway Invites Bids for ₹261.79 cr Bridge Project in MP

Western Railway has issued bids for works related to bridge construction and other structures as part of the gauge conversion project of Dr. Ambedkar Nagar (Mhow-Sanawad section) in Ratlam, Madhya Pradesh. The project, with an estimated

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L&T Bags Orders for Buildings & Factories Business

L&T Bags Orders for Buildings & Factories Business

Larsen & Toubro's buildings and factories business vertical has secured a project from the Institute of Neurosciences Kolkata. The contract entails constructing a medical college and hospital campus in Kolkata on a design and build

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Tembo Global Industries Secures ₹241cr Orders from Infrastructure Sector

Tembo Global Industries Secures ₹241cr Orders from Infrastructure Sector

Tembo Global Industries, a leading manufacturer and fabricator of metal products, has acquired new orders worth ₹241 crores from the Infrastructure Sector. Sanjay J Patel, Managing Director of Tembo Global Industries Ltd., stated

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K2 Infragen Secures ₹90.2 Cr Contract for Rail Over Bridge in UP

K2 Infragen Secures ₹90.2 Cr Contract for Rail Over Bridge in UP

K2 Infragen Ltd has secured a contract worth ₹90.2 crore for constructing a 4 Lane Rail Over Bridge on the Patna-Mughalsarai Section of Danapur Division in Chandauli District, Uttar Pradesh. The tender was won by a joint venture

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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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