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Construction & Infrastructure News

Proposed Haldia multimodal terminal receives good industry response

September 2016

Even before the construction of the multimodal terminal at Haldia in West Bengal kicks off, it has received a commitment of 5.92 million tons (MT) pe...

Construction, Haldia, Cargo, Inland Waterways Authority of India, Haldia terminal, Inland waterways, Firms, Shipping lines, Cargo operators, Shippers

CRI ventures in to global wastewater pump market with Italian technology

September 2016

After the successful launch of high-end non-metallic uPVC, CPVC pipes and specialty wires and cables, CRI steps into complete wastewater solutions wi...

uPVC, CPVC pipes, Wastewater solutions, CRI, FabbricaItalianaPompeSommergibiliSrl, Handle raw water, Sewage, Effluent, Stormwater, Wastewater pumps, G Soundararajan, CRI Group, CAGR, CPCB, NRCP

BlackSoil Capital closes its first Venture debt deal of Rs 15 crore with ‘nearbuy’

September 2016

India’s local commerce platform nearbuy, has raised a venture debt of Rs 15 crore from BlackSoil Capital. Featuring hyper local offers in segments su...

BlackSoil Capital, Venture Capital firm, Sequoia Capital, NBFC, Mohinder Pal Bansal, Startup Indian industry, Ankur Warikoo, Sumeet Kapur, Core technology

DLF to invest Rs 500 crore to develop IT park in Chennai

September 2016

DLF will invest about Rs 500 crore to develop an IT Park in Chennai as the commercial real estate market has picked up in major cities. The realty fi...

DLF, IT Park, Commercial real estate, IT SEZ, Cyber Park, Construction work, Malaysian firm Eversendai, Higher value

DLF plans to raise up to Rs.2,500 cr

September 2016

Realty major DLF plans to raise up to Rs 2,500 crore through issuance of non-convertible debentures for working capital requirements and reducing deb...

DLF, NCDs, Realty Firm

Debt of top 30 steel firms at $150 bn

September 2016

The net debt of the top 30 steel companies globally has touched a record high of over $150 billion, according to consultancy firm Ernst and Young (E&...

Ernst and Young, India, China, Brazil, Steel firms

Cracking down on corrupt contractors; 24 blacklisted

August 2016

A year after the Rs 150-crore de-silting scam, the Brihanmumbai Municipal Corporation (BMC) has finally issued orders for blacklisting one of the 24 ...

De-silting scam, Brihanmumbai Municipal Corporation, Ajoy Mehta, FIR

Konark Group raises structured credit

August 2016

Konark Group has raised structured credit facilities aggregating Rs 460 mn from a leading financial institution, against operational 5 MW solar asset...

Konark Group, Safire Capital, Solar Asset
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