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Construction & Infrastructure News

Volvo scouts partner for assembly plant

April 2017

Volvo Auto India, the Indian subsidiary of Swedish luxury car maker, is scouting for an Indian partner to set up an assembly plant in India as it is ...

Volvo Auto India, Indian subsidiary, Swedish luxury car maker, CKD operations

Essar Power commissions Hazira unit, completes 270 MW project

January 2017

Essar Power´s subsidiary at Hazira in Gujarat has commissioned the second and last unit of 135 MW, making the 270-MW project fully operational now. ...

Essar Power Subsidiary, IBR hydrotest

Manitex sells Liftking to Mi-Jack

November 2016

Manitex International, Inc, a provider of cranes and specialised material and container handling equipment, has sold its Liftking subsidiary to a new...

Manitex International Inc, Liftking subsidiary, Mi-Jack Products Inc, Mi-Jack, Hazel Crest, track-mounted gantry cranes, Rubber mounted gantry cranes

Coal India ties up with APGenco

November 2016

APGenco has procured 5 mn tonne low quality (4,100 kilocalorie) fuel from CIL subsidiary, Mahanadi Coalfields in Odisha for its super-critical 2 x 80...

APGenco, CIL Subsidiary, Mahanadi Coalfields, Power station, Ranigunj coal produced, CIL arm, Eastern Coalfields

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
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