J&K allotted 960 crore for better road network
Union Minister of Road Transport and Highways of India, Nitin Gadkari assigned Rs 960 crore under Central Road Funds to pace up the network of roads and bridges in Jammu and Kashmir. “The Centre has...
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Shriram Transport approves merger with equipment finance arm
Shriram is one of the largest asset financing NBFC in the country and finance provider for commercial vehicle industry. Based in Mumbai, it manages assets over Rs 59,000 crore. Shriram Transport...
View ArticleRoad projects worth 13.5k cr given under PPP in FY 16
In sharp contrast, barely Rs 6,300 crore projects could be awarded in 2014-15; while the number of projects awarded was only two in 2013-14. The government has renewed its focus on PPP projects in...
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GDP to grow 8% in FY16: NITI Aayog’s Panagariya
NITI Aayog Vice Chairman Arvind Panagariya said that India’s growth rate is expected to accelerate to 8 percent in the current financial year and the economy will surpass USD 3 trillion mark in less...
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CG bags two orders to set up power substations overseas
Avantha Group firm Crompton Greaves (CG) has bagged orders to set up two power substations overseas. “CG has bagged two important orders, one for 8 bays of 138kV, 60Hz, AIS Switchyard in the...
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Urban Planning Key to the Success of Smart Cities: Hiranandani
Mr. Surendra Hiranandani, the Founder & Managing Director of House of Hiranandani “The announcement of the launch of 100 smart cities is a welcome initiative that will boost growth in the future....
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Unitech raises 70 cr from Piramal group for Chennai project
Piramal group has helped Realty firm Unitech Ltd to raise approx 70 crore to complete construction of its joint venture housing project in Chennai. The company is developing about 49 acres project...
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Maharashtra to invest 10,000 cr to develop railways infra
Though the centre allocates funds for railways, the state government too will invest Rs.10,000 crore apart from Union government’s grants. Maharashtra Chief Minister Devendra Fadnavis said that the...
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Tips For First-Time Residential Landlords
Santhosh Kumar, CEO – Operations & International Director, JLL India India’s cities are growing and creating wide spectrum of opportunities. This means that there are a lot of people flocking to...
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JSW Energy plans to raise 12500 crore for expansion
JSW Energy is planning to raise up to Rs 12,500 crore through issuance of various securities as it eyes organic and inorganic ways to expand business. The firm, part of USD 11 billion Sajjan Jindal...
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Airbus keenly interested in ‘Make in India’
European consortium Airbus has expressed its keen interest in participating in ‘Make in India’ programme in the area of defence and space. Bernhard Gerwert, CEO of Airbus Defence and Space had called...
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Suzlon installs 10,000th wind turbine generator
The Suzlon Group, ranked as the world’s fifth largest wind turbine supplier, has installed its 10,000th wind turbine generator during the first half of 2015. “Suzlon Group announced a significant...
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Navi Mumbai International Airport Cleared For Take-Off: JLL
With the final approval for Navi Mumbai’s airport now in place, real estate inventory overhang in areas around it will ease in the short term. Over the long term, there will be a marked recovery in...
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Deutsche Messe ’s global network of surface technology trade shows
Deutsche Messe, with a strong triad of global tradeshow brands: Surface Technology, O&S and parts2clean, has become a pioneer in surface technology. Deutsche Messe has now published a brochure...
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BHEL commissions Sudan’s largest power project
State run BHEL has commissioned Sudan’s largest power project in Sudan. BHEL executed this project on Engineering, Procurement and Construction (EPC) basis. The company designed, manufactured,...
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Balvendra Kumar new secretary of mines
Balvender Kumar, an IAS officer of 1981 UP cadre, joined as Secretary Ministry of Mines in New Delhi. Balvendra Kumar was holding the charge of Vice-Chairman , Delhi Development Authority under...
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World Bank to loan $650 mn to Indian rail
The world bank has cleared a $650 million loan for a huge freight rail corridor that will span 1,840 kms (1,140 miles) across the northern heartland of the country. Construction of the Eastern...
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Average rentals in Mumbai CBD fall by 4% in 2014-15
BKC is now the de-facto CBD of India’s financial capital. Ashutosh Limaye, National Director – Research, JLL India Mumbai has got another wake-up call to relook at its exorbitant real estate prices....
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Fitch devalues India’s economic growth forecast
Global rating agency Fitch has devalued India’s economic growth forecast to 7.8 % for the current fiscal from 8 % on pick up in demand. Fitch, however, said it expects that India’s GDP growth rate...
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Dr. Fixit launches terrace waterproof & Insulation coating system
Dr. Fixit New Coat Coool Waterproof and Insulation Coating Solution – an innovative product for terrace- comes with advanced techniques. Heat reducing and energy saving acrylic waterproofing coating...
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