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Construction & Infrastructure News

New hydro-blaster range from Aussie Pumps

March 2018

Australian Pump has announced an expansion in their Aussie Mine Spec Extreme series. The range of continuous duty hydro-blasters now includes the big...

Australian Pump, Aussie Mine Spec Extreme series, Stainless steel, Python Extreme, Heavy-duty hot dip galvanised steel frame, Hamish Lorenz, Crawler dozer, Dump truck

India's Metro Trail

March 2018

The total length of operational metro projects in India presently stands at about 440 km and is growing. Cities like Bengaluru, Chennai, Gurugram, ...

Metro rail, NCR, Jagannarayan Padmanabhan, CRISIL Infrastructure Advisory, NDA, MRTS, CoMET, MoHUA, JICA, EIB, Werner Hoyer, PPP, K Ravichandran, ICRA, DMRC

By 2025, we will have 250 km of metro network in Karnataka

March 2018

The project is progressing well. Currently, we are operating North-South and East-West that span over 42.8 km with a ridership of more than four lakh...

Mahendra Jain, Government of Karnataka, Bangalore Metro Rail Corporation, Metropolitan Transport Corporation, Karnataka State Road Transport Corporation, BMTC, BMRC, Rahul kamat

Budget Reactions | Real Estate

February 2018

The government’s move to promote affordable housing by setting up a special fund is welcome. It will boost buyers’ sentiments and help revive the rea...

Affordable housing, Magicbricks.com, Sudhir Pai, NHB, Government of India, GST, NoBroker.com, Amit Kumar Agarwal, REIT, Prestige Group, LTCG, K Raheja Corp, Kishore Bhatija, Ashish R Puravankara, CLSS

TATA PROJECTS | Big-Ticket Opportunities

February 2018

For the past two years, Tata Projects has recorded a growth rate of over 30 per cent. (Given that we have a Rs 30,000-crore order backlog to date, we...

Tata Projects, Vinayak K Deshpande, Daewoo E&C of South Korea, MTHL, Tata JV, Dravyavati River Rejuvenation Project, Lucknow Metro project, Thermal power plant BoP

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....

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

States to auction 72 mineral blocks by fiscal end

January 2018

As many as 72 mineral blocks in 12 mineral-rich states are likely to undergo mining activities by end of this financial year. The states of Andhra Pr...

Mining, Mine auction, Iron ore, Limestone

REC funds Tamil Nadu power project

January 2018

The Rural Electrification Corporation (REC) has entered in a loan agreement with the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) fo...

Rural Electrification Corporation, TANGEDCO, BHEL, Environmental Clearance, Ministry of Environment and Forest, Coal jetty, Supercritical Thermal Power Project
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