News

Dynapac enhances soil compactors & asphalt rollers manufacturing capacity

Dynapac, a group company of the Fayat Group, present in India since 2008, has expanded its production to a full line of soil compactors and asphalt rollers for the Indian and export markets. Its plant at Pulgaon Read More...

GMR Infra secures Nagpur airport contract

The wholly-owned subsidiary of GMR Infrastructure, GMR Airports Limited (GAL), has bagged a contract to manage the Dr. Babasaheb Ambedkar International Airport in Nagpur, for which, the Maharashtra Airport Development Read More...

NHAI hastens road widening and bridge project

The NHAI has speed-ed up the road widening and construction of a bridge project on the Pollachi Road as it is on the verge of securing all the mandatory clearances. Construction had got delayed mainly because of land Read More...

KPTL acquires 85% stake in Swedish EPC firm Linjemontage i Grastorp AB

Kalpataru Power Transmission Limited (KPTL), a global EPC player in the power and infrastructure contracting sector, announced that its wholly owned subsidiary in Sweden namely Kalpataru Power Transmission Read More...

Delhi unveils ₹700-cr underground bypass tunnel

The Delhi government has decided to construct an underground bypass tunnel at a cost of ₹700 crore to cut down travel time to various destinations by up to three hours including to airports and railway stations. The Read More...

L&T secures cross-country construction contracts

L&T Construction has secured multiple orders across different states including the construction of a 108-m tall commercial complex at Raidurgam in Hyderabad. The project commands a built-up and leas-able area of 3.6 lakh Read More...

SILA Consultant enters realty; launches project in Mumbai

Real estate consultant SILA Group has forayed into the property development business and has launched a luxury housing project at Alibaug in Mumbai involving an investment of ₹70 crore. The Mumbai-based firm, which Read More...

Concorde Group launches luxury project in Bengaluru

The Concorde Group has launched Concorde Luxepolis, a luxury residential project in the heart of Bengaluru. Situated at Bull Temple Road, it boasts proximity to the city's best educational institutions, shopping centres Read More...

J&K gets ₹700-cr for rural road networks

The Central government has allocated ₹700 crore for developing 3,000-km roads across Jammu and Kashmir for the year 2019-20 under the Prime Minister Gram Sadak Yojana (PMGSY) scheme. The Union rural development ministry Read More...

Hoffmann Group celebrates its 100-year by topping € 1 billion in sales

The Hoffmann Group has begun its centenary year in great form. In 2018, Hoffmann SE and its subsidiaries achieved record sales topping €1 billion for the first time. The company's workforce has reached a record level Read More...

LiuGong 4180D receives Red Dot Award: Product Design 2019

LiuGong has won an award in the Red Dot Award: Product Design 2019. LiuGong's motor grader 4180D received the Red Dot, which the renowned jury only awards to products that feature an outstanding design Read More...

Danjiang Bridge construction begins in Taiwan

Construction has begun on the 950m Danjiang Bridge in Taiwan, the world's longest single-mast, asymmetric cable-stayed bridge, Spanning the mouth of the Tamsui River that flows through Taipei, the 950m Danjiang Read More...

Volvo's EC950EL Excavator saves 20% fuel for Sagar Cements

In just one year, the EC950EL excavator has already helped lower fuel consumption for Sagar Cements Limited, a cement producer based in Andhra Pradesh, India. The EC950EL from Volvo Construction Equipment (Volvo) Read More...

CCEA approves ₹33, 690-cr for urban infra in Mumbai

The Cabinet Committee on Economic Affairs, which spearheaded by PM, recently approved Phase-III-A of the Mumbai Urban Transport Project involving an investment of ₹33,690 crore and the project is expected to be completed in the next five years Read More...

DMRC delivers DPR for ₹3,300-cr twin metro corridors

The Delhi Metro Rail Corporation (DMRC) has submitted revised project reports for the Noida-Ghaziabad twin metro corridors involving about ₹3,300 crore investment. As per the revised DPR for the two Blue Line Metro extensions, Phase-3 involves Read More...

PFC fires ₹28,500-cr in water infra projects in Telangana

In an encouraging development, Power Finance Corporation (PFC) has recently agreed to extend funds worth ₹28,500 crore for twin water infra projects in Telangana, PFC Chairman Rajeev Sharma said adding that in the first case the PFC agreed in principle Read More...

Konkan Railway gets ₹600-cr for tunnel project

The state government in Kerala has selected Konkan Railway Corporation to execute the Wayanad-Kozhikode tunnel road, an alternative to the ghat road connecting Kozhikode and Bengaluru through Wayanad for which the state government has already Read More...

NHAI unveils four-lane highway project in TN

In a booster to economic and industrial growth in Tamil Nadu, NHAI has decided to build a new 45.85 km 4/6-lane national highway from Melur in Madurai to Karaikudi in Sivaganga district under the Centre‘s flagship Bharatmala project. The traffic Read More...

Pune Metropolis gets ₹1,722-cr funding booster

The state government in Maharashtra has made a provision worth ₹1,722 crore for the Pune Metropolitan Regional Development Authority (PMRDA) of which ₹320 crore has been allocated for the town-planning schemes undertaken by the nodal agency Read More...

Hines in JV launches ₹1,900-cr project in Gurgaon

The US-based Hines group has recently entered in a joint venture with DHDL, a subsidiary of the country’s largest realty builder DLF, to jointly build ₹1,900 crore in the real estate project in Gurgaon. In this connection late last year Read More...

NHAI takes up four-lane highway widening works

In a bid to ensure smooth movement of vehicular traffic on the Mettupalayam Road (NH-67) from Perianaickenpalayam to Mathampalayam, the NHAI has recently taken up the four-lane expansion work. The work on the 6.1km stretch for which an agreement Read More...

GST Council offers two options for realtors

The GST Council in its recent decision has stated that real estate developers with unsold housing inventories can now choose either the old rate or the new one if the project is still under construction as on March 31. The decision also cleared Read More...

NCR & MMR lead the way in affordable housing

According to ANAROCK Property Consultants' latest report 'Affordable Housing, the Delhi NCR and Mumbai Metropolitan Region account for 55% share of total 6 lakh affordable units launched across the top 7 cities in the country. NCR saw maximum supply Read More...

ASK injects ₹326-cr in a real estate projects

Ensuring smooth flow of funds to the on-going real estate projects, ASK group via its private equity arm will invest ₹326 crore in housing projects being developed by QVC Realty, Tridhaatu and TVS Emerald. These projects are located in Mumbai Read More...

Railway rolls out ₹894-cr cross-country bridge ventures

In order to avoid trains stopping at signals, the Indian Railways has decided to build 250 ROBs and RUBs at busy railway junctions identified across the country, and construction is set to start shortly. The ₹894.47 Read More...

GDA goes for ₹649-cr Hindon-DND flyway project

Ghaziabad Development Authority has decided to build an elevated road starting from Hindon to Noida's DND flyway at an investment of ₹649 crore. Consultants hired for preparing a feasibility report, have recommended Read More...

New policy to resolve ₹30,000-cr stalled NH projects

In a bid to unlock the money of lenders and private players, including the crisis-hit ones, the transport ministry has unveiled a policy for resolving stalled highway projects worth ₹30,000 crore. Agencies such Read More...

Shapoorji Pallonji wins 7 Awards from CIDC

Shapoorji Pallonji's Engineering & Construction (SP E&C) Division has won 7 Achievement Awards for Construction Health, Safety & Environment (CODE – I). The Organization was recognized by the Construction Read More...

Eicher Trucks & Buses Plans to Expand its presence in the African Market

Eicher Trucks and Buses commemorated the long-standing association with the Africa region with its participation at the 14th edition CII- EXIM Bank Conclave on India Africa Project Partnership at Taj Diplomatic Read More...

Trimble Introduces Tekla 2019 Structural BIM Software Solutions

Trimble introduced the latest versions of its Tekla structural BIM (Building Information Modeling) software solutions for the construction industry: Tekla Structures 2019, Tekla Structural Designer 2019, Tekla Read More...

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