MEP Toll Road Pvt. Ltd. (rebranded as MEP Infrastructure Developers) bags toll collection projects worth Rs. 50 crore in Uttar Pradesh. MEP Infra will manage Joya Toll Plaza on National Highway No. 24 for the stretch of 56 kms and Sikandara Toll Plaza on National Highway No. 2 for the stretch of 77 kms. MEP Infra had made a bid offer of Rs 36.09 crore and Rs 14.31 crore respectively.
The US Secretary of Commerce, John Bryson, who is leading an Infrastructure Trade Mission to India on a three city tour (New Delhi, Jaipur and Mumbai), visited Mahindra World City, Jaipur on 28th March.
In an attempt to reduce fiscal deficit, the government has targeted the revenue through service tax of Rs. 1,24,000 crore during FY 2013; a huge 30.5 per cent increase vis-à-vis the budgeted FY 2012 estimates.
Lafarge, one of the world leaders in building materials, announced the winners of the 2011 Lafarge Invention Awards, a competition to recognise innovative thinkers who will contribute to the future evolution of sustainable construction in India.
Readymade Steel India Ltd (RMS), one of the leaders in offering readymade steel solutions, for the building and construction industry, entered into a technical collaboration with China Academy of Building Research (CABR) Technology, China to facilitate manufacturing and marketing of mechanical splicing system & couplers in India as well as specified territories abroad.
Honeywell introduced its new Attune Advisory Services, a suite of professional services that combines cloud-based tools and analytics with a global network of operations centres, and energy and facility experts to provide enhancements that can reduce utility bills and operating expenses up to 20 per cent.
Pioneered by Forum Projects, Kolkata ‘Atmosphere’ an ultra luxury residential condominium project has won the prestigious Asia Pacific Property Awards 2012 from India. Forum Projects has been awarded in the category of Residential High Rise development, competing against record number of entries produced from 17 different countries in the Asia Pacific region.
