CREDAI National President Lalit Kumar Jain opens up to Subhajit Roy and talks about the lack of transparency in the real estate sector and ways to tackle the inflow of black money
GPT Infraprojects Limited (GPT) recently bagged orders valued at Rs. 46.52 crore. The first order consists of construction of RUB of span (1x18.3 m) resting on pile foundation of 1.2 m dia with composite girder as superstructure and construction of one RUB span (1x76.2) resting on pile foundation of 1.5m dia with open web through girder as superstructure along with other ancillary works in connection with construction of new line in between Dhubulia and Charatala.
Gamesa, a global technology leader in wind energy announced the launch of its new G97-2.0 MW wind turbine in India. The turbine was unveiled by Minister of New and Renewable Energy, Dr. Farooq Abdullah along with Ramesh Kymal, Chairman and Managing Director, Gamesa India at the 3rd international wind conference and exhibition in Coimbatore, Tamil Nadu.
Legrand is actively pursuing its strategy of development through self-financed acquisitions of small to medium-size businesses with leading positions in their markets, and announced the acquisition of Numeric UPS, the UPS division of Numeric and India’s market leader for low - and medium-power UPS1 solutions.
Even as the Indian government draws up ambitious plans envisaging 100 GW capacity additions in the 12th Plan period, the country’s power sector is facing multidimensional challenges.
Sahara Prime City, the real estate arm of Sahara India Pariwar joined hands with the US-based Turner Construction Company and Acropolis Capital Group, an investment firm. With an investment of $100 million, the three-way partnership has floated a joint venture company – Sahara Turner Construction Ltd.
One year after the inauguration of Bayer MaterialScience’s emissions-neutral office building in Greater Noida, 40 kms southeast of New Delhi, the energy balance is positive, as expected.
Gujarat-based Steelcast Ltd. and Michigan Steel of USA have formed a 50:50 JV, Steelcast LLC, to tap the huge US castings market. Steelcast JV in the USA has a potential to generate Rs. 200 crore revenues over the next five years from US Railways demand only.
