Business News for Construction & Interiors from India
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Business News of Construction & Interiors
Siemens signs contract for Bangalore airport
Siemens Ltd said that the company has, received an engineering, procurement and construction contrac....
Nerolac awarded the golden peacock
Goodlass Nerolac Paints Limited (GNPL) received the Golden Peacock Environment Management Award (GPE....
MBPT to construct cruise terminal
In the wake of its inability to offer guaranteed berths to passenger vessels, Mumbai Port Trust (MBP....
Reliance energy sets a proposal for Rs 2,200cr NHDP projects
Anil Ambani is on the road to success. After pitching for air- ports, a mass rapid transport system ....
Deal Finalised for 7.5% in Orissa cement co by Pru ICICI , and DSP Merril Lynch
For a consideration of Rs 40 crore Pru ICICI and DSP Merril have acquired a stake of 7.4% in Orrisa....
SPV pursues JP Morgan and takes 25% in
SPV that is the special vehicle of JP Morgan has brought 25% Stake in Binani cement for an undisclos....
Larsen and Toubro bags major construction projects
Engineer -Procure-Contract has been bagged by Larsen and Toubro valued at Rs 495 crores for major co....
Pitti Laminations plans to undertake modernisation of plant
Pitti Laminations Ltd, a leading manufacturer of laminations for the electrical industry, is working....
BCCL acquires a 3.2% equity stake in ACE
Bennet , Colemen & co has attained a 3.2% equity stake in Action Construction Equipment (ACE), the l....
Cement industry to grow on palnned investments in infrastruture and housing sect..
The cement industry is expected to grow at a CAGR of 8-9 percent in the medieum term on account of b....
Government perceives fluctuations in cement supplies and pricing
Leading cement manufacturers are having to answer some unpleasant questions.The government suspects ....
TN levys a uniform tax of 14% on all grades of cement
The Tamil Nadu government today issued orders scrapping the dual sales tax system on cement and levy....
Private equity funds talkover the buying the minority stake in SCL
Private equity funds like ADM Capital and Clear Water Capital are in talks with the Saurashtra Cemen....
ADM to buy 23% equity in Saurashtra Cement for Rs 105 crore
Asian Debt Management(ADM),the UK-based Toro Managers and Brescon Advisory will buy up to 23% equity....
Sales of JCB are on the ascension
The Rs 1,000-crore JCB India Ltd in 2004 sold 5,450 machines-construction equipment such as backhoe ....
Shree DigVijay Cement to issue free shares to the current equity holders
A V Birla group firm Shree Dig Viay Cement has decided to issue fresh shares to the existing equity ....
Globalization to give a new dimension to cement industry
Cement and globalisation would not have connected some years ago.But Holcims quest to increase capac....
Gas is a new buzz in the energy sector in Uttaranchal
After river water,gas is the new concept in the enrgy sector of Uttaranchal.The government has rope....
DLF and Laing O Rourke form a joint venture for infra projects
Another global major is getting into the thick of acquisitions in Indias booming real estate and con....
Cement production increased to 14% in January
Cement output recorded 14.25% increase in January 06 to 13.07m tonne against 11.44m tonne a-year ago....
NHAI signs Rs 879-crore BOT pact
The National Highways Authority of India (NHAI) has signed three build-operate-transfer (BOT) conces....
India signs South Africa for equality and reciprocity
Indian and South Africa on Thursday signed an agreement to develop mutually-beneficial relationship ....
Cement consumption soars at a growth of 10.9%
CEMENT consumption is growing at record double-digit rates. In the Apr-Feb 06 period, cement dispatc....
ALLCUT INIDA develops latest technology PORTABLE MAGNETIC DRILL
AllCut Inida for the first time in India has developed a 14 kg portable magnetic Drill. The latest t....
Demand for malls on the rise
The retailing industry that contributes to about 4% of the national GDP is growing at around 8% year....
Reliance awards Aker Kvaerner with an order
Aker Kvaerner has been awarded by Reliance Industries Ltd, an engineering, procurement and construct....
Aban Loyd buys stake in Norways Sinvest for $446m
Aban Loyd has acquired a 33.76% stake in Norwegian drilling company Sinvest for $446 million. Aban L....
IVRCL bags Rs 558-cr AP Govt order
IVRCL Infrastructures & Projects has bagged an order valued Rs 557.8 crore from the Irrigation and C....
Torrent Power forms jt venture with PowerGrid
Torrent Power signed a joint venture agreement with Power Grid Corpn to lay power transmission lines....
RITES project in Tanzania
The Union Cabinet has cleared a proposal of Railways subsidiary RITES to invest equity up to $8 mil....
DS Constructions completes expressway
DS Constructions has completed the 27 km long Raipur-Durg expressway project, which is part of NH-6 ....
Shapoorji Pallonji reported Rs.1000 crore revenue.
Shapoorji Pallonji & Co reported revenues of Rs 1,000 crore in 2005-06 and Afcons Infrastructure Rs ....
Everest Industries launches acostyle ceiling tiles
Everest Industries has launched the mineral fibre acoustic ceiling tiles called Acostyle. These tile....
L&T bagged a Rs.550 crore road project
Larsen & Toubro has bagged Rs.550 crore road projects from National Highway Authority of India. The ....
ABB India Q1 net up 87 pc
ABB India has recorded an 87 per cent increase - at Rs 51.3 crore - in its net profit for the quarte....
Reliance signs Indias biggest SEZ deal with Haryana
On 19Jun 2006, Reliance Industries signed a joint venture agreement with Haryana government for SEZ ....
Reliance to roll out multiplexes in malls
Mukesh Ambanis Reliance Industries group, which is giving final touches to its mega retail sector fo....
PM flags off Mumbai metro rail project
On 21 June 2006, the Rs 19,525-crore project was flagged-off with the Prime Minister Dr Manmohan Sin....
Punj Lloyd venture bags Rs 142-cr order
Engineering and construction firm Punj Lloyd, in partnership with Malaysian construction company Per....
Simplex gets sports complex project
Simplex Infrastructures has bagged two construction projects awarded by the Jharkhand Government for....
RIL plans Rs 4,000 cr investment in Bengal
Reliance Industries plans to invest Rs 4,000 crore in West Bengal. While Rs 1,500-2,000 crore would ....
BHEL awarded two APGenco contracts worth Rs 82 crore
Bharat Heavy Electricals (BHEL) has bagged two contracts worth about Rs 82 crore from the Andhra Pra....
DLF likely to tie up with Hilton
DLF plans to tie up with the global hotel major Hilton and foray into the hospitality business to bu....
Pratibha Ind bags water project
Pratibha Industries has secured the Rs 200-crore Navi Mumbai Municipal Corporation (NMMC) Water Proj....
BHEL bags contract in Bangladesh
Bharat Heavy Electricals (BHEL) has bagged a Rs 55 crore contract for setting up a sub-station in Ba....
KEC Intl bags Rs 198-cr orders from PowerGrid
KEC International, one of the largest power transmission EPC companies in the world, has received ne....
TN CM dedicates 683-km-long petroproduct pipeline to nation
On 26 June 2006, The Chennai-Tiruchi-Madurai (CTM) petroproduct pipeline of Indian Oil Corpn was for....
Ansal to invest Rs 2,000 cr in residential townships
Ansal Housing and Construction plans to invest Rs 2,000 crore to construct residential townships bra....
Tuticorin port project gets environment clearance
The Rs 685-crore Inner Harbour Development Project at the Tuticorin port has got environment clearan....
Vascon Engineers inks pact with HI-REF
Vascon Engineers has signed agreements with HDFC India Real Estate Fund (HI-REF), the real estate pr....
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Vascon Engineers inks pact with HI-REF