IIFL arm to raise $500 million for maiden offshore affordable housing fund

January 2018

Leading finance major IIFL Asset Management is set to raise $500 million in the coming financial year for its first offshore affordable housing fund....

Tags: IIFL Asset Management, Fairfax Group of Canada, IIFL Holdings, Offshore affordable housing fund

L&T wins Rs 1,267 crore contract from ONGC

November 2017

L&T Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro (L&T), has bagged an offshore contract from Oil and Natural Gas Corporati...

Tags: Larsen & Toubro, ONGC, Offshore, Hydrocarbon, Construction contract

Navi Mumbai ramps up as captive offices hub

August 2017

Navi Mumbai continues to have the most affordable average rent among all micro-markets of Mumbai. The well-planned city also has a growing footprint ...

Tags: Navi Mumbai, BPO, offshore resources, Mumbai Metropolitan Region, BFSI sector, Axis Bank, IDFC, Accenture, L&T Infotech, Capgemini (iGate), Cognizant, Syntel, JLL India

GMR Hyderabad plans $300 mn offshore bond

April 2017

GMR Hyderabad International Airport (GHIAL) will raise Rs 1,660-2,000 crore by selling offshore bonds. The GMR Group is contemplating a variety of fu...

Tags: GHIAL, Selling offshore bonds, GMR Group, Rajiv Gandhi International Airport

Transport vessel for turbines

March 2017

A roll-on-roll off-loading (ro-ro) ship will fulfill the needs for cost effective transportation of the large nacelles used in Siemens direct drive o...

Tags: Transportation, Offshore wind turbines, Cuxhaven, Hardinxveld-Giessendam, Baltic Seas

ALE launches new light crane

January 2017

ALE has launched lightweight service crane for lifting in confined spaces on offshore and civil construction projects. Its latest design is for a rel...

Tags: ALE, Cranes, Aluminium, Offshore, Civil Construction Projects, Steel

Ajashy Engineering Sales | Adityajay Khajuria, Director

December 2016

The recent boom in road construction has kept us busy with attachments and equipment for road projects, and the same will reflect in our offerings at...

Tags: Adityajay Khajuria, Ajashy Engineering Sales, Offshore, Onshore, Cross-country Pipeline equipment, BAUMA CONEXPO INDIA, LED lights

ALE 5,000 tonner makes first lift

November 2016

ALE has hoisted its first load with its new 5,000 tonne capacity - AL.SK350 super heavy lifter. The first of around 40 modules was lifted at an offsh...

Tags: ALE, Lifted, Offshore yard, Construction