Glazed Vitrified Tiles with Duragres, is a brand of Somany Ceramics, one of the leading players in the Indian ceramic industry. This tile not only has durability of full body vitrified tiles but also comes with VC shield technology which makes these tiles India’s Most Durable Tiles.
Powerscreen one of the world’s leading providers of mobile crushing and screening equipment, has launched the new Powerscreen® 1500 Maxtrak, the largest addition to the highly successful Powerscreen® Maxtrak range which includes the 1000, 1000SR and 1300 models.
Two sectors, namely education and healthcare, which did not figure on anyone’s radar just a few years ago, are going to account for unprecedented real estate demand over the next decade. A detail analysis on Indian real estate industry by Anuj Puri, chairman & country head at Jones Lang LaSalle India
Volvo India and Srei BNP Paribas announced the formation of an alliance to launch a private label retail financing program in India with immediate effect. The programme branded as Volvo Financial Services is expected to strengthen the Volvo Group’s ability to provide full service financial solutions to its customers in India and customers of its JV with Eicher Group, viz. VE Commercial Vehicles Ltd. (VECV).
The Central Board of Excise and Customs (CBEC) have decided to stay with the service tax on infrastructure sectors such as dams, roads and tunnels if the projects are executed through the sub-contracting route.
Every industry aims at growth and expansion and the same applies to the shopping centre Industry. The 4th edition of The India Shopping Centre Forum (ISCF), the mega congregation of Shopping Centre Developers & Retailers, highlighted the key challenges faced by the sector and the way forward for retail industry especially shopping centres.
Sunil Mantri who heads Maharashtra Chamber of Housing Industry (MCHI), ends his one year tenure as President of the body. The shift is effective from end of May 2011. Mr. Mantri, Chairman of Sunil Mantri Realty had carried forward the presidency from Pravin Doshi, his predecessor in May 2010.
State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning to raise approximately Rs. 14,000 crore from various sources during the current fiscal to fund its business growth. After receiving approval from the government, it will be the second tranche. IIFCL had raised Rs. 10,000 crore through tax-free bonds in 2009 to provide re‑financing to banks for funding infrastructure projects.
Philips India appoints Nirupam Sahay as the business head of Philips Lighting India. Prior to this, Nirupam Sahay was Senior Director - Marketing at Philips Lighting India. In his new role, Nirupam Sahay will be responsible for the complete Philips Lighting business in India.
World leaders in handrail and balustrade, the Denmark-based Carl F International announced their new major project along with their expansion plans in the subcontinent. The company has declared that it bagged the Chennai International Airport and also identified tremendous growth opportunities in the handrail industry in India and has decided to strengthen their operations here.
