Terex Cranes announced that it will be attending the International Construction & Utility Equipment Exposition (ICUEE), to be held from October 1st to 3rd at the Kentucky Exhibition Center in Louisville, Kentucky, at booth L 316.
The Government is working on new Infrastructure Trust Fund (ITF) and structure will be finalised in next two months which is in the nature of Real Estate Investment Trusts (REIT), said Dr Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance at an Assocham event held in New Delhi. .
The Manitowoc Company announced that Shantui Investment has terminated its agreement with Manitowoc’s subsidiary, Manitowoc Crane Group Asia Pte Ltd. to enter into a joint venture contract with respect to the truck crane business currently operated as Manitowoc Dong Yue Heavy Machinery Co., Ltd. (Manitowoc Dong Yue).
Mumbai will soon be conferred the ‘concrete capital of the world’ title as a galaxy of global experts descend into the island city to celebrate the invaluable contribution of R. N. Raikar to the field of concrete.
India and Chile have agreed to enhance their cooperation in the field of renewable energy. This was decided at a meeting held between the Chilean Energy Minister Jorge Bunster and Minister of New and Renewable Energy Dr. Farooq Abdullah, at Santiago.
JSW Steel, belonging to the JSW group, part of the O P Jindal Group, has reported a 29 per cent jump in crude steel production at 9.85 lakh tonnes during August against 7.63 lakh tonnes in the same month last year.
Port developer Adani Ports & SEZ Ltd, a part of Adani Group, said its Mundra port had handled 151,229 metric tonnes of steam coal in 24 hours from MV Cape Fushen, Large Cape Vessel, carrying steam coal of Indonesian Steam Coal of Adani Power.
UltraTech Cement, an Aditya Birla Group Company, to acquire the Gujarat unit of 4.8-million tonne per annum (mtpa) of Jaypee Cement Corporation in Gujarat.