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Construction & Infrastructure News

India's PSU glued to Bloomberg's foreign exchange platform

July 2017

Bloomberg announced today that a growing number of India's public sector corporations are adopting Bloomberg's Foreign Exchange electronic trading pl...

Bloomberg, FXGO, Gas Authority of India Ltd, REC, ONGC Videsh Ltd, NDF, FX Instruments, Sunny Chhabria, Transformation

IT office absorption increases by 10%, lease transactions up by 52%

June 2017

Bengaluru and Hyderabad together recorded over 50 per cent of total pan-India IT space take-up. IT, ITeS occupiers have taken a big leap in offic...

Infosys, TCS, IT, ITeS, NASSCOM, REIS, Digital transformation, Ramesh Nair, JLL India

Ritchie Bros. and IronPlanet secure clearance for acquisition

June 2017

Ritchie Bros., the world's largest heavy equipment auctioneer and provider of end-to-end services announced the receipt of unconditional antitrust cl...

Ritchie Bros, Heavy equipment auctioneer, Technology, Ravi Saligram, Greg Owens, Digital transformation

India cancels 13.7GW of coal fired power proposals in May

May 2017

The cancellation of 13.7GW of Indian coal power projects in May 2017, coupled with a record low solar tariff of Rs 2.44 /Unit (0.038USD/kWh), are the...

Indian coal power projects, Energy transformation, IEEFA, Tim Buckley, Adani Power Management, NTPC Ltd

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

Safe Lifting solutions

May 2017

An advanced new Hyosung manufacturing plant supplying critical components for India's electrical power distribution grid is using Konecranes lifting ...

Hyosung manufacturing plant, Electrical power distribution grid, Konecranes, Panu Routila, Cranes, CXT, Make in India, Machinery, Equipment, Power, Industrial Systems Group, SC Shin, Power Grid Corporation of India, Switch gear, Transformers

ICT connectivity key for Digital India: MoS for Communications

April 2017

ICT connectivity is a key factor for a diverse country like India for creating an inclusive society and fostering holistic development,” said Mr Mano...

ICT, Manoj Sinha, RoW, ransformative, ICT, fostering holistic, software and Aadhaar

India Power and Distribution Transformer Market to reach $2.9 billion by 2022 – 6Wresearch

April 2017

Economic development and need for reliable power supply due to population growth have accelerated the demand for power in India. Further, growth in i...

Economic development, Industrialisation, Infrastructure, DDUGJY, Ravi Bhandari, IPDS, 6Wresearch, UDAY, Kanika Sharma, CRGO sheets, Crompton Greaves, BHEL, ABB, Siemens, Transformers & Rectifiers
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