Rs 2.04 lakh crore to be allocated under Smart Cities for urbanisation across 99 cities: Durga Shanker Mishra, Secretary, MoHUA

June 2018

The Smart Cities mission is central to the overall strategy to accommodate the massive urbanisation that is expected in the future. The government’s ...

Tags: Smart Cities Mission, CR Chaudhary, Durga Shanker Mishra, Ministry of Housing and Urban Affairs, ITPO, CR Chaudhary, Ashwini Kumar Choubey, HE Daniel Carmon, Ambassador of Israel to India, IoT, Smart Cities India expo, Buildings India expo, Solar India expo, Transport India expo, Water India expo

BorgWarner appoints new CEO

June 2018

The BorgWarner Board of Directors announced the appointment of Frederic Lissalde as President and Chief Executive Officer effective August 1, 2018, a...

Tags: BorgWarner, New appointment, Frederic Lissalde

KONE India launches new elevators for midrange segment, visuals inspired by the Navaratna

June 2018

KONE India, a leading elevator and escalator company in the country, has introduced its new elevator offering – KONE U MonoSpace and KONE U MiniSpace...

Tags: KONE India, Elevator, Escalator, KONE U MiniSpace, Technology, Henrik Ehrnrooth, KONE Corporation, Amit Gossain, Axel Berkling, LEED, BREEAM, KONE U MonoSpace Elevators, KONE EcoDisc® hoisting machine

Asset Manager

June 2018

Ankur Gupta, Brookfield's Real Estate Head in India, is making news. Here's why! Brookfield Asset Management has recently acquired Essar's commercial...

Tags: Ankur Gupta, Brookfield, Real Estate, Essar commercial property

Essar Ports to refinance $600-mn debt

June 2018

Essar Ports is planning to refinance $600 mn of bank borrowings to lower its cost of funds to 8-8.5 per cent from 11 per cent at present. ...

Tags: Essar Ports, Essar Steel

KONE to equip Lodha The Park premium residential development in Mumbai

May 2018

KONE, a leading elevator and escalator company in the country, will install 57 elevators at Lodha The Park, a premium high-rise residential tower dev...

Tags: KONE, Elevator, Escalator, Lodha The Park, KONE MonoSpace® elevators, KONE destination control system, Lodha Developers, Amit Gossain

Essar completes sale of Equinox Business Parks to Brookfield for Rs 2,400 crore

May 2018

Essar has announced that it has completed the sale of Equinox Business Parks, its commercial property in Mumbai’s Bandra-Kurla Complex, to Brookfield...

Tags: Essar, Brookfield Asset Management, Equinox Business Park, Tata Communications, Experian, Crompton Greaves, Lafarge, Ankur Gupta

"We place great importance on design"

May 2018

Over the years, KONE has set a benchmark in the industry through its eco-efficient performance, premium ride comfort and award-winning designs. ...

Tags: KONE Elevators India, Amit Gossain, U series of elevators, MoonLight, LavaLustre, ForestGleam, OceanFlare, GoldenTwilight, CrimsonSpark, StreakShine, AquaSparkle, CelestialShimmer, Red Dot, Good Design award, ITEC