News & Update Archive

PM Modi inaugurates Kochi Metro

Prime Minister Narendra Modi inaugurated Kochi Metro today. It is India’s newest 13 km long metro stretch. In the first phase, trains will operate for a distance of 13 km – Aluva to Palarivattom. There are 11 stations in the 13 km stretch that will be covered in approximately 20 minutes. In its first phase

EESL to invest ` 1,000 cr under buildings programme

The Energy Efficiency Services Ltd (EESL) intends to bring investment to the tune of ` 1000 crore covering more than 10,000 large government/private buildings in next 2-3 years under the Energy Efficient Buildings Programme. The scheme will be implemented by EESL, a JV under the administration of Ministry of Power, Government of India. EESL also

USG Boral announces new manufacturing plant in India

USG Boral, a global leader in building products technology, announced plans to build a new plasterboard plant in South India. The new plant will be operated by its India business unit. T he plant will support USG Boral’s commitment in the region as the company looks for ways to better serve its customers in India.

InvITs to deleverage infra sector by around ` 13,000 Cr in FY18: Ind-Ra

The first four infrastructure investment trusts (InvITs) which are likely to hit the primary markets in 2017-18 could reduce the overall debt of developers by around ` 13,000 crore, said India Ratings and Research (Ind-Ra) in a note. The companies which are likely to deleverage by using the InvIT route in FY18 are Sterlite Power

Volvo launches new, high performance paver in India

Construction equipment manufacturing major Volvo CE announced launch of its newest paver into India – the mid-sized P6820C ABG. T he unit offers a winning combination of power, production capacity, and precision for excellent paving quality, with perfectly smooth mats, the manufacturer said. “The new Volvo P6820C tracked paver – equipped for high performance –

Pragati Maidan to be redeveloped in to hi-tech exhibition center

The existing Pragati Maidan Complex that so far used to organise National and International Exhibitions and facilitate holding of various other events, is set to get all new face with its upcoming redevelopment into a World class state-of-the-art Integrated Exhibition-cum-Convention Centre (IECC). At a joint Press Conference by L. C. Goyal, CMD, India Trade Promotion

Maharashtra best place to invest: Fadnavis

Maharashtra best place to invest, says Maharashtra Chief Minister Devendra Fadnavis at the recently concluded ‘India -Italy Investment Forum’. Under the umbrella of the Government of Italy (Italian Ministry of Foreign affairs and International Cooperation and Italian Ministry of Economic Development), the Italian Trade Commission/ Trade Promotion office of the Embassy of Italy in New

Volvo launches new, high performance paver in India

Construction equipment manufacturing major Volvo CE announced launch of its newest paver into India – the mid-sized P6820C ABG. The unit offers a winning combination of power, production capacity, and precision for excellent paving quality, with perfectly smooth mats, the manufacturer said. “The new Volvo P6820C tracked paver – equipped for high performance – is

InvITs to deleverage infra sector by around Rs 13,000 Cr in FY18: Ind-Ra

The first four infrastructure investment trusts (InvITs) which are likely to hit the primary markets in 2017-18 could reduce the overall debt of developers by around Rs 13,000 crore, said India Ratings and Research (Ind-Ra) in a note. The companies which are likely to deleverage by using the InvIT route in FY18 are Sterlite Power

CASE India delivers 10,000th Vibratory Compactor for Indian market

CASE Construction Equipment, a brand of CNH Industrial, celebrated a ground-breaking achievement recently with the delivery of its 10,000th vibratory compactor for the Indian market, the only company to have achieved this milestone in India. CASE handed over the key to P D Agrawal, Chairman, P D Agrawal Infrastructure Ltd., Indore at an official ceremony