Powerscreen, provider of mobile crushing, screening and washing equipment, has brought customers a new way to access its equipment through the launch of its new Powerscreen App for the iPad and iPhone, with a Blackberry and Android version planned for later this year.
Considering higher demand of the region, M&IG plans to establish the assembling unit of CHETRA and AGROMASH brand machines in Kazakhstan. Russian modern agricultural machines AGROMASH-Enisey will be assembled at the engine-repair plant in Shu city of Jambylsk region where the infrastructure has already been created...
Larsen & Toubro (L&T) has sold its stake in L&T-CASE Equipment Private Limited to its JV partner CNH Global NV, a global leader in the agricultural and construction equipment business. CNH has acquired full ownership of L&T-CASE, an unconsolidated joint venture established in 1999 to manufacture and sell construction equipment in India.
The global riches, high-net-worth individuals (HNWIs), see New York and London as the world’s leading hubs over the next 10 years, but emerging nation centres are fast catching up, according to the latest wealth report recently launched by Knight Frank and Citi Private Bank. The report reveals that Mumbai increases in importance by 118 per cent, Shanghai by 91 per cent, and Sao Paolo by 66 per cent.
Real estate industry in India calls for fast track infrastructure development. In the 5th edition of ‘Estate South 2011’ organized by CII, the speakers expressed in solidarity the need for fast track infrastructure development to support the growth of real estate industry in the country. The two day event held in Chennai chalks out recommendations and deliberates on the theme South Realty: Vision 2020.
3i India Infrastructure Fund, an investment fund established by international investor 3i Group plc, to invest around $111.51 million in KMC Infratech Ltd (KMCIL), a subsidiary of KMC Constructions Ltd (KMCCL). Anil Ahuja, Managing Director and Head of 3i Asia said, “KMCIL is well positioned to take advantage of the significant opportunity in the road sector in India.
L&T Metro Rail (Hyderabad) Ltd, the SPV incorporated to implement the Hyderabad Metro Project, has achieved financial closure for the project. The financial closure has been achieved in a record time of 6 months and is the largest fund tie-up in India for a PPP project till date.
Ramky Infrastructure announces that it bagged construction work orders worth Rs. 288.32 crore, covering water & waste water and building verticals from different parts of India. The major orders include the construction work for the rehabilitation of existing sewerage system & interception and extension of sewerage system to new areas (District 1A),...
Hyderabad-based infrastructure company SEW Infrastructure has completed a project awarded by National Highways Authority of India to build a new Four Lane Highway from Khalghat to Madhya Pradesh/Maharashtra Border - NH-3.
Asian Development Bank (ADB) continued support for infrastructure development in India. “The Government of India, ADB and the India Infrastructure Finance Company Ltd. (IIFCL) signed a $250 million loan agreement for tranche two of the ongoing Second India Infrastructure Project Financing Facility which aims to stimulate infrastructure development through public-private-partnership investments,” a statement from the Finance Ministry said.
