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Construction & Infrastructure News

DMIC Infra contracts to be awarded soon

May 2017

Infrastructure development contracts worth Rs 1,400 crore are up for grabs at the upcoming Delhi-Mumbai Industrial Corridor (DMIC) industrial townshi...

Infrastructure development, DMIC, AITL, Gajanan Patil, Build infrastructure, DMIC

Manitou completes acquisition of Terex Equipment in India

May 2017

Manitou group, world-leader in all-terrain material-handling, finalised the acquisition of Terex Equipment Private Limited (TEPL) in India....

Manitou group, TEPL, Design, Manufacture, Distribution, Construction equipment

New pure-play affordable housing financiers to grow at 40 per cent CAGR

May 2017

Plethora of facilitations spurs fast growth, says CRISIL. As loan facilitations go, the affordable housing segment is getting the best deal in town b...

CRISIL, PMAY, AUM, AFHC, Krishnan Sitaraman, Malvika Bhotika, CAGR

Rs 2 lakh crore worth MoUs signed at India Integrated Transport & Logistics Summit

May 2017

Thirty-four MoUs amounting to about Rs 2 lakh crore were signed in the three-day India Integrated Transport and Logistics Summit that was concluded i...

MoU, ICP, Vishakhapatnam ports, GST, Role of Digitisation, Nitin Gadkari, Vasundhara Raje, Manohar Lal Khatta

Smart Agra – Rs 107 crore approved as first installment

May 2017

The Ministry of Urban Development (MoUD) has approved the first instalment of Rs 107 crore for the development of Agra under the smart city project....

MoUD, SPV, Agra Smart City, Smart City mission

SKF shows improved performance

May 2017

SKF’s first quarter result has seen continued growth, an improved operating margin and continued debt reduction. The increase in demand strengthened ...

SKF, ERP system, Digitalisation

Pakistan’s first coal & cement terminal begins operations

May 2017

Pakistan International Bulk Terminal (PIBT), the neighbouring country’s first coal and cement handling facility has started commercial operations at ...

Pakistan International Bulk Terminal, Port Qasim, PIBT, African Finfoot, Clinker-handling terminal, Awan Trading Private Limited

ABB India launches global service centre for energy saving drives with remote digital services and new production line

May 2017

ABB India inaugurated two new facilities today that supports the nation's digital transformation, energy saving technology and rise in industrial pro...

Digital transformation, Energy saving technology, ABB India, Sanjeev Sharma, AbilityTM Condition Monitoring, LED lighting, Ujala scheme
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