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UP govt constitutes panel for Lucknow Metro project

For Lucknow Metro project, the Uttar Pradesh government has formed a committee for acquiring private land. In this direction, a committee has been constituted under the Lucknow Divisional Commissioner...

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Daimler Ships Chennai- Prepared FUSO Trucks To Indonesia

Chennai: Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a wholly-owned subsidiary of Daimler AG, started shipping FUSO trucks to Indonesia. The company, along with Mitsubishi Fuso Truck & Bus...

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Budget Wish List: Building Energy Savings Structures

Rumi Engineer, Head -Green Buildings, Godrej Green Building Consultancy Services & Head of Energy Conservation, Godrej & Boyce Ltd Rumi Engineer shares expectations from the upcoming Union...

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F&S bestows Ratan Tata with GIL 2014 Award

Mumbai: Frost & Sullivan at its annual Growth, Innovation and Leadership Executive Congress (GIL 2014: India) will honour Ratan Tata, Chairman Emeritus of the Tata Group with the prestigious 2014...

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CREDAI Delegation meets Govt on project delay issues

Mumbai: A delegation of The Confederation of Real Estate Developers’ Associations of India (CREDAI) the apex body for private real estate developers in India, met the cabinet ministers to put forward...

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Aban Offshore repairs QIP floor cost at Rs 731.97

CHENNAI: Aban Offshore is in the procedure of increasing about Rs 2,500 cr via the qualified institutional placement (QIP) route. The floor price for the QIP, which comes after a gap of 5 years, has...

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Export of new Fuso trucks begins

Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a 100% wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler...

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NCC Ltd looks for Sebi nod to bring up Rs 600 cr from privileges issue

MUMBAI: Infrastructure firm NCC Ltd has sought market regulator Sebi’s clearance to increase up to Rs 600 cr through a rights issue. NCC would issue equity stocks for an total amount “not exceeding” Rs...

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Bharti Infratel: located to drive the 3G wave

MUMBAI: The share of Bharti Infratel has increased nearly 15 per cent over the week on the back of expectations that the entry of Reliance Jio coupled with data explosion will ensure higher tenancies....

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Railways to expedite projects

Plans are afoot from the Ministry of Railways to expedite 40 crucial projects across the country, which are facing forest clearance hurdles from the Ministry of Environment and Forests (MoEF). Around...

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Caterpillar India launches improvised 424B backhoe loader

(L-R): Vivek Chandrashekaran, Sales and Marketing Director, Asia Region, Building Construction Products, Caterpillar, Ramesh Tipirneni – Country Manager, Caterpillar India and H Jayaram, MD and CEO,...

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L&T bags multiple orders worth Rs2000 cr

Mumbai: The Construction division of L&T, L&T Construction has received multiple orders worth Rs2002 crore across various business verticals in June 2014, according to the company statement....

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ACME to install Li-Ion energy storage in Africa

Mumbai: ACME, a energy management and innovative solutions provider for alternate energy sector, has bagged the order for Africa’s first installation of Li-Ion based Energy Storage Solutions for a...

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Commercial spaces on revival track

Mumbai: After a lull of about two years, investment in commercial real estate, mainly in office spaces, has shown sign of revival in the country’s major cities. According to CBRE’s India Office Market...

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Alstom T&D bags Rs 27.7 cr order to provide GIS in HP

Mumbai: Alstom T&D India today said it has bagged a contract worth Rs 27.7 cr from Himachal Pradesh Power Transmission Company to supply a 66 kV gas-insulated substation (GIS) for evacuating power...

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Road Ministry to garner Rs1 lakh cr funds for highway sector

New Delhi: The newly elected NDA government will start measures to re-track the highway sector in next two years by acquiring funds of around Rs1 lakh crore in a year, according to Nitin Gadkari, Road...

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SKL is going for third round of expansion

The Chennai based Shri Kailash Logistics (SKL), is mulling the option of tapping private equity (PE) majors to raise resources. It has already started dialogue with a couple of potential PE investors...

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AP real estate developers will discontinue buying of cement for a week

Hyderabad:  The cement manufacturers were stated to have hiked the price of a 50 kg bag by Rs 30 in Kerala, Rs 40-50 in Karnataka, Rs 60-70 in Tamil Nadu & around Rs 100 in AP & Telangana Real...

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‘Samruddhi Rhythm’ to come up in Bangalore

The real estate major, Samruddhi Realty, has unveiled a new residential project titled ‘Samruddhi Rhythm’ which will come up off Hennur road in Bangalore. The project will come up over three acre and...

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Reduce excise duty to 8%: Caterpillar India

Ajay Shankar, Country Manager, Caterpillar India Bangalore: To promote the growth in the infrastructure sector, government should maintain appropriate levels of productive investment in infrastructure...

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