News & Update Archive

Mahindra Lifespaces launches its industrial clusters brand

Mahindra Lifespace Developers Ltd (MLDL), the real estate and infrastructure development arm of the Mahindra Group, introduced its new brand of industrial clusters located across India. ‘ORIGINS by Mahindra World City’ envisions accelerated economic growth via world-class industrial ecosystems that will attract investment in manufacturing, and promote ‘Make in India’. These developments will address the

Capacit’e bags Rs 825.01 Cr contract

Construction company Capacit’e Infraprojects Ltd has bagged a contract worth Rs 825.01 crore (excluding GST), from Arihant Abode Limited, a subsidiary of Arihant Superstructures Limited, for affordable housing project christened “Arihant Aspire” situated at Panvel, Maharashtra, in proximity to the proposed Navi Mumbai International Airport. The scope includes construction of civil and structural, finishing and

GVK arm gets Letter of Award for Navi Mumbai airport

The GVK led Mumbai International Airport (P) Ltd (MIAL) was handed over the Letter of Award (LOA) today from CIDCO, the nodal agency of the Government of Maharashtra for the Navi Mumbai International Airport. In February 2017, MIAL was declared the winning bidder for the Greenfield airport that will be built on 1,160 hectares in

Kirby joins hands with Trimble for PEB structures

Trimble Solutions India announced that Kirby Building Systems will further invest in Tekla Structures as its preferred Building Information Modelling (BIM) software. Kirby is one of the pioneers in pre-engineered steel buildings (PEB) industry and the company will use Tekla Structures to deliver ‘constructible’ projects that are accurate and cost-effective. Tekla Structures is the flagship

Cement prices to soar in NCR post pet coke ban

India Ratings and Research (Ind-Ra) expects cement prices in northern India to increase, due to the Supreme Court’s order to ban the use of pet coke from 1st November in National Capital Region (NCR). There would be intermittent headwinds as cement manufactures could have some inventories of pet coke in place and the court has

Ambuja Cement launches ‘Ambuja Plus Cool Walls’

Ambuja Cements has launched an innovative green building offering for Individual HomeBuilders (IHBs) – Ambuja Plus Cool Walls’. The revolutionary product with ‘Heat Barrier Technology’ maintains a 5 C temperature difference indoors – no matter how hot or cold the external temperature is – thus saving energy. Commenting on the launch, Ambuja Cement MD and

JSW Group inks pact with Uttarakhand govt to reconstruct Kedarnath

Sajjan Jindal and PM Narendra Modi discussing the Kedarpuri restoration blueprint in Kedarnath on October 20th. Sajjan Jindal-led JSW Group signed a Memorandum of Understanding (MoU) with Uttarakhand government for reconstruction and restoration of Kedarnath. Kedarnath is located in the Himalayas, approximately 11,000 feet above sea level in the Rudraprayag district of Uttarakhand. It is

Road ministry to promote new technologies in highway projects

The Ministry of Road Transport and Highways, has decided to implement a ‘Value Engineering Program’ to promote the use of new technologies, materials, and equipment in highways projects executed either under PPP mode or public funding mode. “The objective of the programme is to use innovative technology, materials and equipment to reduce the cost of

Projects worth Rs. 700 crore sanctioned for Namami Gange programme

National Mission for Clean Ganga has approved eight projects worth Rs. 700 under Namami Gange Programme. Out of the eight projects, four pertain to sewage management in Uttar Pradesh, Bihar and West Bengal, three are related to treatment of drains through bio-remediation and one of inventorisation and surveillance of river Ganga. On sewage management front,

Profine India inaugurates new extrusion facility at Vadodara

Profine India, manufacturer of u-PVC window, door profiles under its brand Koemmerling, inaugurated its new extrusion facility at Vadodara, Gujarat. “Eying a turnover of around ` 350 crore by 2022, Profine India is geared up to invest another 100 crore in phases to boost its infrastructure, increasing its production capacity to 15000 tonnes,” the company