News

Welspun takes up construction of 8-lane NH

Welspun Enterprises has taken over the construction of eight-laning of Mukarba Chowk Panipat Section (15.500 km to 86.000 km) of NH-1 (New NH-44) at Panipat in Haryana on design, build, finance, operate and transfer basis Read More...

MoRTH sets 15,000-km road-building targets for fiscal

Undeterred by Covid-19 headwinds, the Ministry of Road Transport and Highways has set an ambitious target of constructing 15,000 km highways in FY21, up to 46% over it built in the previous year. The bid-out goal at Read More...

Pune-Nashik high-speed rail line gets go-ahead

The Pune-Nashik rail line project was recently given the go-ahead as the line will connect 2 essential powerhouses of the country's most vibrant cities. The Maharashtra Rail Infrastructure Development (MRIDC) completed Read More...

Rajasthan fast tracks ₹721-cr highway project

The state government has fast-tracked the Beawar-Gomti NH - 8 to be developed from double-lane to four-lane highway as the project has already been approved by the Union Transport Ministry, said an official spokesperson Read More...

BRO kick-start two strategic roads along China border

The Border Road Organization (BRO) has recently launched two key roads near the China border in eastern Ladakh — the site of a tense border stand-off with the country's northern neighbor. The projects aimed at providing Read More...

Ircon invites bids for ₹162-cr rail infra project

Ircon International has invited bids for a new BG electrified rail line in Chhattisgarh involving an investment of ₹162.99 crore. The project in question commands scope of work including earthwork and blanketing work Read More...

BRO launches construction of 202-km NH in Imphal

Construction of the 202 Km long Shangshak-Tengnoupal highway (NH 102-A) has been started by the Border Road Organization (BRO) recently. The organization had launched the project in 1993 but abandoned it without Read More...

Kerala speeds up Kochi-Bengaluru Industrial Corridor

The state government in Kerala has fast-tracked the execution work of the much-awaited Kochi-Bengaluru Industrial Corridor (KBIC) project, Additional chief secretary Alkesh Kumar Sharma said, elaborating that KBIC is being Read More...

A&M Group approves ₹100-cr for BKC metro line

European infrastructure development company A&M Development Group has committed ₹100 crore to a Mumbai metro rail project along with RCC Infra Ventures through its recently formed Indian arm, Oberoi-A&M Infra-Consortium Read More...

RITES secure tunneling consultancy contract

Adding to its project portfolio in the country's road and highway sector, RITES has recently received an order for Consultancy Services and preparation of Detailed Project Report from National Highways & Infrastructure Development Read More...

Provident Housing launches 20-acre plotted project

In a bid to diversify its business and cater to the surging demand for plots offered by leading developers, Provident Housing, a wholly-owned subsidiary of Puravankara Limited, has forayed into plotted development Read More...

Global Analysts laud Delhi-Mumbai e-way as a silver line

Analysts across the world have taken note of the appreciable pace and progress of Delhi-Mumbai expressway and have lauded the project as a silver lining in the roads sector. A research report by foreign brokerage, Credit Read More...

Voltas AC launches UVC based disinfectant solutions

Voltas has launched a new line of Ultraviolet Light (UVC) based surface disinfectant solutions in addition to the engineered UVC- based air and duct disinfectant solutions that the industry leader has been offering to Read More...

BIAL introduces Air Cargo Community System to strengthen air logistics

As a part of its long-term vision to make Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport) a “Smart Airport – digitized and seamlessly connected” - Bangalore International Airport Limited (BIAL) is set to Read More...

Sandeep Mahajan takes over as MD India of Goodyear

Goodyear, one of the world's largest tyre companies, announced the appointment of Sandeep Mahajan as the Managing Director of India operations with effect from June 1, 2020 for a period of 5 years or up to the date of Read More...

ICRA: Bharatmala Pariyojana likely to get delayed by four years and witness cost escalation by 54%

The Bharatmala Pariyojana (BMP) Phase –I is likely to be delayed by four years and get completed by FY2026 instead of earlier envisaged FY2022. Till February 2020, a total of 246 road projects with an aggregate length of about Read More...

Fadnavis bats for Realtors, to move PM, FM with plea for OTR

Stating that the employment generator Real Estate sector deserves all support and respect, Leader of Opposition in Maharashtra legislative assembly and former Chief Minister Devendra Fadnavis has promised to take up the various Read More...

Jindal Stainless surges ahead in export orders

Jindal Stainless Limited (JSL), India's largest stainless steel manufacturer, has regained its footing in export volumes by ramping-up production for global markets. With India yet to lift all lockdown restrictions Read More...

BDA Webinar turns out a big draw

The COVID-19 crisis offers great opportunity to the real estate industry to reshape mega cities like Mumbai but this can only happen if specific policy changes are announced by the authorities. These were the key takeaways Read More...

MoRTH orders release of ₹8,000-cr to road contractors

The highways ministry has issued orders to release ₹8,000 crore, which is the retention money of contractors in proportion to the work done, and also for making changes to enable monthly payments, among other Covid-19 Read More...

Covid-19: A blessing in disguise for Indian realty sector

Although the outbreak of Covid-19 has had a deep impact on the realty market in India, but at the same time NRIs are increasingly shifting their choice to buy properties in India. With thousands of international brands now looking Read More...

Taiwan’s smart machinery solutions boost safe manufacturing

The COVID-19 pandemic has impacted manufacturing industry across the world. With machinery being the cornerstone of economic development and progress, countries have realized the need for industry upgradation. Taiwan’s Smart Read More...

YIELD acquires twin annuity assets in road sector

Edelweiss Infrastructure Yield Plus (YIELD+), an AIF managed by Edelweiss Alternative Asset Advisors Ltd. (EAAA), along with its portfolio company Sekura Roads Limited (SRL), has announced the acquisition of two annuity road Read More...

IIID SIGNS multiple MoUs on World Environment Day

Institute of Indian Interior Designers (IIID) has signed a MoU with the Confederation of Real Estate Developers Association of India (CREDAI), Fire and Safety Association of India (FSAI), The Indian Green Building Council Read More...

One-week online faculty program on Performance of Engineering Structures Under Extreme Loading from 8th to 13th June 2020

Department of Civil Engineering, Vignana Bharathi Institute of Technology (Autonomous), Hyderabad is organizing a One Week Faculty Development Program on “PERFORMANCE OF ENGINEERING STRUCTURES UNDER EXTREME LOADING (PESUEL-2020)" Read More...

MoRTH fast-track ₹35,000-cr Katra-Delhi expressway

The first-of-its-kind Katra-Delhi Express Road Corridor involving an investment of ₹35,000 crore is all set to e commissioned by 2023, Union minister Jitendra Singh, said, elaborating that the corridor will reduce the Read More...

Kerala floats tenders for ₹1,621-cr road & flyover project

The state highways department in Kerala has invited tender for the ₹1,621.3-crore Avinashi Road flyover project for which the tender will be finalized on July 18 and the flyover work will be completed in four years Read More...

NOIDA Metro invites bids for ₹2,682-cr extension

Noida Metro Aqua Line is all set for an expansion and has recently floated tenders for extension of the Noida Metro rail network. The network is set to be extended with five more metro stations namely, Noida Sector 122 Read More...

BMRCL launches tunneling at Shivajinagar & Vellara junctions

Launching work on Phase II of BMRCL's extension, underground metro line, the Bangalore Metro Rail Corporation Limited (BMRCL) has launched tunneling work and deployed four tunnel boring machines for the purpose Read More...

YEIDA plans six lanes road connecting Yamuna e-way

The Yamuna Expressway Industrial Development Authority (Yeida) has decided to build a six-lane road directly connectivity Yamuna Expressway and the upcoming international airport at Jewar. It will also construct a six Read More...