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Construction & Infrastructure News

RBI approval to set up a subsidiary for real estate of SBI

November 2015

State Bank of India (SBI) has received in principle approval from RBI to set up a subsidiary that will manage the real estate of the government owned...

SBI, Real Estate, RBI, Nariman Point, KPMG, Subsidiary, Frame, Implement

L&T acquires Rambolls Stake in L&T-Ramboll Consulting

September 2014

Larsen & Toubro Ltd, in a strategic move to strengthen its design base in the Infrastructure space, has acquired 50% of the stake in L&T-Ramboll Cons...

Deals, Consulting, Engineers, Ramboll, Subsidiary

MBCPNL receives provisional completion certificate for Deori Check Post

September 2014

MBCPNL has received a provisional completion certificate for Deori Check Post and Muktainagar Check Post w.e.f 20th August, 2014. So far, the company...

Sadbhav Engineering, SPV, Subsidiary, Check Post, Border, Modernisation, Computerisation

GDL acquires 7 per cent stake of Nichirei Logistics in Snowman Logistics for Rs 25.9 cr

March 2014

Snowman Logistics is an integrated temperature-controlled logistics provider with a pan-India presence. The company is into storage, transportation a...

Logistics, Acquisition, Stake, Buyout, Subsidiary

IL&FS Rail awards Rs 5.7 bn worth contract

August 2013

IL&FS Rail (a subsidiary of Infrastructure Leasing and Financial Services) awarded an approximately Rs 574 crore worth of turnkey project to a consor...

IL&FS Rail, subsidiary, Infrastructure, Leasing and Financial Services, order, Siemens

HeidelbergCement sets up new mill in Liberia

July 2013

German cement major HeidelbergCement invested $14 million to set up a new cement mill with a capacity of 0.5 million tonne per annum at its cement gr...

HeidelbergCement, cement, investment, plan, Liberia, subsidiary, Cemenco, mill, grinding, capacity

India Cements sets up arm to execute infra projects

May 2013

India Cements Infrastructure, the newly formed wholly-owned subsidiary of cement major India Cements (ICL), will focus on water and road related proj...

India Cements Infrastructure, subsidiary, India Cements, ICL, construction, road, water

Alpha G:Corp builds industrial park in Amritsar

May 2013

In the next three years, real estate developer Alpha G:Corp plans to complete the proposed Rs 300 crore model industrial park project in Amritsar. Th...

real estate, developer, property, Alpha G:Corp, Amritsar, subsidiary, Penguin Buildtech, Veer Colonisers & Builders
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