Siemens signs contract for Bangalore airport
Siemens Ltd said that the company has, received an engineering, procurement and construction contrac.... |
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Nerolac awarded the golden peacock
Goodlass Nerolac Paints Limited (GNPL) received the Golden Peacock Environment Management Award (GPE.... |
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MBPT to construct cruise terminal
In the wake of its inability to offer guaranteed berths to passenger vessels, Mumbai Port Trust (MBP.... |
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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 .... |
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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.... |
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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.... |
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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.... |
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Pitti Laminations plans to undertake modernisation of plant
Pitti Laminations Ltd, a leading manufacturer of laminations for the electrical industry, is working.... |
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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.... |
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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.... |
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Government perceives fluctuations in cement supplies and pricing
Leading cement manufacturers are having to answer some unpleasant questions.The government suspects .... |
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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.... |
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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.... |
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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.... |
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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 .... |
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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 .... |
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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.... |
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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.... |
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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.... |
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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.... |
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NHAI signs Rs 879-crore BOT pact
The National Highways Authority of India (NHAI) has signed three build-operate-transfer (BOT) conces.... |
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India signs South Africa for equality and reciprocity
Indian and South Africa on Thursday signed an agreement to develop mutually-beneficial relationship .... |
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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.... |
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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.... |
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Demand for malls on the rise
The retailing industry that contributes to about 4% of the national GDP is growing at around 8% year.... |
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Reliance awards Aker Kvaerner with an order
Aker Kvaerner has been awarded by Reliance Industries Ltd, an engineering, procurement and construct.... |
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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.... |
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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.... |
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Torrent Power forms jt venture with PowerGrid
Torrent Power signed a joint venture agreement with Power Grid Corpn to lay power transmission lines.... |
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RITES project in Tanzania
The Union Cabinet has cleared a proposal of Railways subsidiary RITES to invest equity up to $8 mil.... |
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DS Constructions completes expressway
DS Constructions has completed the 27 km long Raipur-Durg expressway project, which is part of NH-6 .... |
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Shapoorji Pallonji reported Rs.1000 crore revenue.
Shapoorji Pallonji & Co reported revenues of Rs 1,000 crore in 2005-06 and Afcons Infrastructure Rs .... |
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Everest Industries launches acostyle ceiling tiles
Everest Industries has launched the mineral fibre acoustic ceiling tiles called Acostyle. These tile.... |
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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 .... |
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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.... |
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Reliance signs Indias biggest SEZ deal with Haryana
On 19Jun 2006, Reliance Industries signed a joint venture agreement with Haryana government for SEZ .... |
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Reliance to roll out multiplexes in malls
Mukesh Ambanis Reliance Industries group, which is giving final touches to its mega retail sector fo.... |
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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.... |
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Punj Lloyd venture bags Rs 142-cr order
Engineering and construction firm Punj Lloyd, in partnership with Malaysian construction company Per.... |
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Simplex gets sports complex project
Simplex Infrastructures has bagged two construction projects awarded by the Jharkhand Government for.... |
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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 .... |
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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.... |
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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.... |
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Pratibha Ind bags water project
Pratibha Industries has secured the Rs 200-crore Navi Mumbai Municipal Corporation (NMMC) Water Proj.... |
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BHEL bags contract in Bangladesh
Bharat Heavy Electricals (BHEL) has bagged a Rs 55 crore contract for setting up a sub-station in Ba.... |
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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.... |
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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.... |
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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.... |
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Tuticorin port project gets environment clearance
The Rs 685-crore Inner Harbour Development Project at the Tuticorin port has got environment clearan.... |
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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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Bhagyanagar to set up IT park
Bhagyanagar Metals has entered into an agreement for purchase of 25 acres of land for a total value .... |
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Prozone to develop 50 malls over 5 years
Prozone Enterprises (P) a retail real estate development company, is targeting to build 50 Prozone s.... |
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Ansal net up 166 pc in Q4
Ansal Properties and Infrastructure (APIL) reported a 166 per cent increase in its net profit to Rs .... |
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IJMII signs pact for Rs 570-cr NHAI project
IJM (India) Infrastructure (IJMII) has signed a Rs 570-crore project with the National Highways Auth.... |
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BHEL bags 2 contracts in Afghanistan
Bharat Heavy Electricals has bagged two contracts worth Rs 220 crore for power projects in Afghanist.... |
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Indu Projects to dilute 8.5% equity to raise Rs 150 cr
Indu Projects, the Hyderabad-based Rs 312-crore infrastructure development company with over Rs 6,00.... |
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City Tiles sees 20 pc growth
The Gujarat-based City Tiles expects to grow by 20 per cent this year on the back of a robust growth.... |
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Xenitis plans chip unit
Xenitis Infotech, the Kolkata-based technology company, has come up with a proposal to establish a R.... |
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Assocham released a study report on infrastructure.
While releasing a study on infrastructure prepared by Assocham, Mr Gajendra Haldea said that highway.... |
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Siemens bags BSSL order
The Siemens Industrial Solutions and Services (I&S) Group has received an order from Bhushan Steel a.... |
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GE to supply compressors for RPL
GE would supply compression technology to Reliance Petroleum (RPL) for the greenfield project in Jam.... |
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Atlas Concorde opens showroom in Bangalore
Atlas Concorde, Italys largest exporter of ceramic tiles, plans to increase its presence significant.... |
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CCEA approval for Tehri power plant
The Cabinet Committee on Economic Affairs (CCEA) has approved the 1,000-MW Tehri Pumped Storage powe.... |
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K.K. Birla group to invest in power plants
The K.K. Birla Group of sugar companies is investing heavily in new power plants under clean develop.... |
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Rail link proposed for Bangalore intl. airport
A BOT-based dedicated rail link is among three high-speed accesses that have been proposed to connec.... |
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Air Deccan to set up an engineering facility
Air Deccan has initiated talks with GMR Hyderabad International Airport (GHIAL) for opening a full-f.... |
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GE Shipping orders two vessels
Great Eastern Shipping has ordered two new building long range-one (LR-1) product tankers as part of.... |
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Sical gets LI for iron ore terminal project
The consortium led by Sical Logistics was given a formal letter of intent for executing the Rs 550-c.... |
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BHEL bags Tata Power project
Bharat Heavy Electricals (BHEL) has bagged an order from Tata Power Company to set up a 250-MW therm.... |
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DS Const bags NHAI project
DS Constructions has bagged a project that includes four-laning of the Gwalior-Jhansi section on NH-.... |
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Toyota Kirloskar plans a rural water project
Toyota Kirloskar Motor plans to set up a rural drinking water project for the residents of Ramanagar.... |
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IDFC to pick up stake in L&Ts SPV
The Infrastructure Development Finance Company (IDFC) may acquire 26 per cent stake in a special pur.... |
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IVRCL bags Rs 290-cr orders
IVRCL Infrastructures and Projects has bagged orders of the value of Rs 290.29 crore. This includes .... |
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Srei Infrastructure signs $25-m loan deal with KfW IPEX-Bank
Srei Infrastructure Finance has signed a $25 million (Rs 115 crore) long-term loan agreement with Kf.... |
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NHAI to get Rs 504 cr for road project in Gujarat
IDAA Infrastructure would pay the National Highways Authority of India (NHAI) a sum of Rs 504 crore .... |
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Centre okays 2 transmission projects of PowerGrid
The Government has approved two transmission projects of Power Grid Corporation of India (PGCIL) ent.... |
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BEML bags Rs 42-cr orders
Bharat Earth Movers (BEML) has bagged orders worth Rs 42 crore from Tunisia and Syria for the supply.... |
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Kerala plans a industrial infrastructure development co
The Kerala Government plans to float an industrial infrastructure development company to take up maj.... |
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Financial closure for Jalandhar road project
IVRCL Infrastructures & Projects has achieved financial closure for its Jalandhar-Amritsar road proj.... |
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Uttaranchal invites IDEB for IT park
The Uttaranchal Government has invited Bangalore-based infrastructure firm IDEB to develop an IT par.... |
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Cambridge tie up with Cushman & Wakefield
Cambridge Solutions has signed a memorandum of understanding with real estate firm Cushman &Wakefiel.... |
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ACC Q2 net profit Rs 412 cr
ACC has nearly tripled net profit for the second quarter of the current fiscal, benefiting both from.... |
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S.K Birla Group to sell part of stake in Mysore Cement to Heidelberg
The S.K. Birla Group has decided to sell 51 per cent stake in its loss making Mysore Cement to the G.... |
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Madhucon inks concession pact with NHAI for TN road project
Madhucon Projects has signed a concession agreement with the National Highways Authority of India (N.... |
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Shriram Prudential proposes $100 million investment plan
Shriram Prudential, the 50:50 joint venture of Shriram Properties and Prudential Investments, an Aus.... |
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Gujarat Ambuja Cement Q4 net doubles
Gujarat Ambuja Cements has doubled its net profit for the fourth quarter ended June 30, 2006, report.... |
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BHEL bags project in Ethiopia
Bharat Heavy Electricals (BHEL) has bagged a Rs 46-crore order to set up two substations in Ethiopia.... |
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International Recreation Park ties up with Turner for Noida park
International Recreation Parks, a joint venture between Unitech and International Amusement, has ent.... |
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L&T Q1 net profit rises 9.8 pc
Larsen & Toubro has reported a 9.8 per cent increase in net profit for the first quarter ended June .... |
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Stadler Rail, Molinary Rail, Titagarh alliance eyes MRTS project
Swiss firm Stadler Rail Group, Austrian company Molinary Rail and Indian manufacturing firm Titagarh.... |
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NMPT gets nod to be equity partner in Mangalore SEZ
The Union Shipping Ministry has given `in-principle approval for New Mangalore Port Trusts (NMPT) pa.... |
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Foreign funds to fuel domestic realty boom
The Confederation of Real Estate Developers Associations of India plans to organise a series of real.... |
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JCB plans Rs 350-cr Capex
JCB India, involved in construction and earthmoving equipment manufacturing, is currently working on.... |
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NTrust Infotechs KPO for real estate ind
NTrust Infotech, an IT and KPO services provider to the real estate leasing industry, has invested a.... |
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Kerala Govt to revive Smart City talks
The Kerala Government proposes to hold talks with Dubai Internet City (DIC) officials in a renewed a.... |
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Property expo in Kochi
The Kerala Builders Forum is organising a three-day Kerala Property Expo 2006 in Kochi from 28 July .... |
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Siemens unit bags BIAL contract
The Industrial Solutions & Services (I&S) group of Siemens AG, Germany and Siemens Ltd India has rec.... |
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P.K. Ruia plans Rs 1,000-cr dry dock, SEZ in Bengal
Mr P.K. Ruia, who controls Jessop and Dunlop, plans to set up a Rs 1,000-crore ship-building and rep.... |
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Ramky Infra plans IPO by Feb to fund capex
Ramky Infrastructure, the civil and infrastructure engineering arm of the Hyderabad-based Ramky Grou.... |
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RR Industries to invest Rs 510-cr for IT park
RR Industries is investing Rs 510 crore in setting up a 2.2-million sq ft IT park in the Ambattur in.... |
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NLC to set up mine, power project in Gujarat
Neyveli Lignite Corpn signed an agreement with the Gujarat Government for setting up a 12-million to.... |
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NTPC expect an exemption on joint venture financial cap
NTPC may get special exemption from the financial limit of Rs 1,000 crore applicable on `navratna co.... |
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Peevees Projects to set up shopping mall in Kochi
Peevees Projects, a division of the Peevees Group, is in the process of setting up a shopping and en.... |
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Bengal inks pact with Salim Group of Indonesia
On 31 July 2006, West Bengal signed an agreement with the Salim Group of Indonesia to implement vari.... |
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Investment plans of Confident Group
The Bangalore-based construction company Confident Group has proposed to invest Rs 60 crore over a p.... |
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Nabard sanctioned Rs 138 cr to Kerala for rural infrastructure
The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 137.57 crore to t.... |
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BHEL bags NTPCs Dadri contract
State-run Bharat Heavy Electricals Limited (BHEL) has secured a major contract from NTPC Ltd for set.... |
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Delhi, Mumbai airports modernisation work started
From midnight of 2 August 2006, the 90-day handholding or the joint management of the two airports w.... |
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$160-m offshore fund by Indiareit
Indiareit, the India-focused real estate venture capital fund, has launched its offshore fund. With .... |
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Hi-tech city mooted in Kochi
The Bangalore-based Shobha group has put up a proposal before the Kerala Government for establishing.... |
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Nitesh Estates Mangalore SEZ
Nitesh Estates, the real estate division of Nitesh Group, has announced the roll out of a two millio.... |
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Regus to inaugurate Chennai centre on Sept 1
The UK-based Regus Group, a provider of outsourced workplaces, will inaugurate its sixth centre in I.... |
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Lemon Tree to set up Rs.37 crore hotel in Chennai
Lemon Tree Hotels is developing its fifth hotel in India in Chennai at a cost of Rs.37 crore. The 11.... |
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Mall set up in Chennai IT hubs
According to a recent survey done by international property consultants, Trammel Crow Meghraj, real .... |
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PLL to construct residential, commercial complexes besides SEZs
Peninsula Land (PLL), formerly known as Morarjee Realties, is on a huge expansion phase. Currently P.... |
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Parsvnath received in-principle clearance for SEZs
Parsvnath Developers has obtained "in-principle" approvals for the development of special economic z.... |
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Stage II of Rihand project inaugurated
On 9 August 2006, the NTPCs 1,000 MW Stage II of the Rihand Super Thermal Power Project in Uttar Pra.... |
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Spirit Global Construction to develop malls and multiplexes
The Delhi-based Rs 500-crore real estate developer Spirit Global Constructions announced the develop.... |
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Sadbhav bags Rs.560 crore road construction project
Sadbhav Engineering has bagged a Rs 560-crore road construction project to improve and widen the Sar.... |
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Kakade Construction plans to set up six malls in Pune
Kakade Construction Company is setting up six malls in Pune, which would have a total area of 18 lak.... |
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World Bank sign agreement with two indian cos
The World Bank, as trustee of the Community Development Carbon Fund (CDCF), has signed two agreement.... |
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IMS certification to Parsvnath Developers
Delhi-based Parsvnath Developers has become the first real estate developer globally to be awarded t.... |
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Aishwarya Tele set up jv with Futurtec for bridge check systems
Aishwarya Telecom has entered into a joint venture with Futurtec of Italy for the manufacture of inf.... |
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KCP to foray in new biz
The Chennai-based cement and heavy engineering company KCP is looking at diversifying into new busin.... |
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GDL inaugurated its sixth warehouse near JNPT
Gateway Distriparks (GDL), a port-based logistics facilitator, has inaugurated its sixth warehouse a.... |
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KTDC to expand existing hotels and set up new one in Chennai
Kerala Tourism Development Corporation (KTDC) plans to set up a hotel in Chennai besides expanding i.... |
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HIL inaugurated asbestos plant
Hyderabad Industries (HIL) has commissioned a new asbestos manufacturing plant in Satharia in Uttar .... |
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Kesar Enterprises plans FCCB issue to fund the expansion
Kesar Enterprises proposes expansion plans in its sugar and liquid storage businesses. Kesar is borr.... |
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Tayal groups real estate projects
The Mumbai-based Tayal Group, primarily engaged in the production and exports of knitted fabrics thr.... |
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Ministry cleared 46 new SEZs
The Commerce and Industry Ministry has cleared 46 special economic zones (SEZ), based on the recomme.... |
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CQRA to foray into certification for quality in construction
Construction Quality Rating Agency (CQRA), a Pune-based quality audit service provider, is set to fo.... |
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International Furniture Fair in Germany
Koelnmesse International of Germany, along with its Indian representative office Cidex Trade Fairs L.... |
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Joint venture pact between DLF and UK Company
DLF Ltd and the UK-based design and engineering consultancy firm WSP Group Plc have entered into a j.... |
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ColourFutures 2007 unveiled by ICI Paints
ICI Paints will also soon come out with a product targeted especially at the south Indian market - D.... |
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Joint Venture between Hilton Hotels and DLF
Hilton Hotels Corporation has announced that it would create a joint venture company here with DLF L.... |
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Ajit Associates enters into an agreement
The Kochi-based Ajit Associates (Architects and Engineers) has entered into an agreement with Hong K.... |
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L&T to double capacity at Automation Facility
As part of its aggressive growth plans, engineering and construction major, Larsen & Toubro Limited .... |
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L&T inks Joint Venture with Saudi firm
Indian construction conglomerate Larsen & Toubro has signed a joint venture agreement with Saudi Ara.... |
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Cement Stocks Moves up
According to market sources, traders are expecting a hike in the cement prices soon. According to th.... |
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Maharashtra Government considers new system for infrastructure projects
Maharashtra mulls new contract system. The system involves computing the mean value of submitted bid.... |
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NHAI gives road contract to Navayuga
The National Highway Authority of India (NHAI) has awarded the Rs. 710 crore contract of building th.... |
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Gremach Earned $50 Million from FCCBs
In a statement released on Tuesday, the construction equipment leasing firm Gremach Infrastructure .... |
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MMRDA gives road contract to L&T
The Mumbai Metropolitan Region Development Authority (MMRDA) has awarded a Rs 287-crore road contrac.... |
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Nagarjuna Construction bagged Rs 307 crore order
The construction firm named the Nagarjuna Construction Company Ltd has recently informed that it ha.... |
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Welspun bought 76% share in Portuguese bath rug company
The major company in the Indian home textile segment, the Welspun India Ltd has recently announced t.... |
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Delhi Metro Link Project Went to Consortium Of Reliance Energy and CAF
The project for operating and managing a 22.7 km metro rail link between New Delhi city center and i.... |
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Mint Homes Launching Housing Project Soon
The Mint Homes has recently announced that it is going to inaugurate its very first housing project .... |
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Chettinad Cement May Go For Rights Issue Soon
The officials of the Chettinad Cement Corporation Ltd have recently informed that they are planning .... |
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Madras Cements Postponed Buyback Plan
The share buyback plans that were taken by the Madras Cement earlier, have been postponed by the com.... |
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Construction investments set to surge 19 per cent
Investments in the construction sector is expected to rise 19 per cent per annum to touch Rs 3,03,40.... |
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SAIL Funding for Building Bridge pver Damodar River
The Steel Authority of India Ltd (SAIL) is building a new bridge over the Damodar river situated in .... |
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M&M Samriddhi Centre Inaugurated In Chhattisgarh
The giant automobile company in India, the Mahindra and Mahindra (M&M) has inaugurated a new Samridd.... |
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Tile Manufacturers Expansion Plans
The Tile manufacturers upbeat on the back of strong domestic demand and export potential for Indian .... |
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Construction Work Commenced In TCS Pune Development Centre
The giant IT services, business solutions and outsourcing organization in India, named the Tata Cons.... |
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Lahari Resorts Expanding Capacity
In a recent announcement, the Lahari Resorts have stated that it is planning for an expansion in Ind.... |
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