Sunil Arora, Secretary, Department of Skill Development and Entrepreneurship, Government of India, visited the JCB Jaipur factory. JCB India recently inaugurated its newest facility in Jaipur.
Mtandt has announced the opening of a new office in Mumbai to service the growing demand for aerial working platforms, aluminium scaffolds, fall protection systems and equipment rentals in the region.
Daimler India Commercial Vehicles Pvt. Ltd. (DICV) has signed a MoU with Karur Vysya Bank (KVB) to provide commercial vehicle financing packages to customers across the country.
ACME has commissioned India’s first prefabricated health centre in Gaya, Bihar. The contract for the health centre was bagged by ACME after the EoI was issued by BMSICL under the Department of Health, Government of Bihar.
CDC, the UK’s development finance institution (DFI), is making a $25 million direct investment in Pristine Logistics, a growing Indian company that develops and operates vital infrastructure to transport and handle railway freight in rural and under-served parts of the country.
Alstom has been awarded two contracts worth over €65 million from Delhi Metro Rail Corporation (DMRC) to supply signaling, telecom and electrification solutions for the new Kochi metro line. The projects will be implemented in early 2016 and commercial service for first section is scheduled to begin in March 2016.
Knight Frank India has launched the second edition of its flagship half-yearly report, India Real Estate Outlook. It presents a comprehensive analysis of the residential and office market performance across six cities for the period between July–December 2014.
India Realty Excellence Fund II (IREF II) managed by Motilal Oswal Real Estate Investment Advisors Private Ltd. has invested Rs 67 crore with Shriram Properties. The investment is at SPV level for the development of a mid-income residential project located off Old Madras Road in Bangalore.
Sanghi Industries Ltd. will invest Rs. 250 crore over next couple of years with a focus on sustainable development, innovation and conservation of energy. The company is going to invest Rs. 150 crore for developing 15-MW waste heat recovery system and another Rs. 100 crore to further develop its facilities at Navlakhi Port in Gujarat.