Global Road Technology (GRT) India has announced that it has finalised the largest purchase of cold recycling equipment, individual order ever seen in India.
After successfully venturing into 20 industry sectors, Centum Learning now announces its entry into the building and construction sector. Considering the demand for the skilled workforce in the building and construction sector, Centum Learning is now offering employability programmes to individuals in the same.
Nitesh Estates has announced its entry into the Pune market with the acquisition of 1 million sq. ft., the Koregaon Park Plaza Centre an A grade shopping mall, spread over 6 acres in prime upscale locale of Koregaon in Pune. With this acquisition the Nitesh Estates shopping mall portfolio is now 2.2 million sq. ft.
Building materials major Lafarge has recently launched the Indian chapter of ‘Housing Microfinance Academy’ in Mumbai. Introduced in 2014, the academy will enhance availability of housing credits for the low-to-middle income segment and promote the exchange of information about potential product design, provide funding support and construction designs.
Defending the proposed provisions of Road Transport and Safety Bill, Nitin Gadkari, Minister of Road Transport & Highways and Shipping, said that it does not violate the rights of the states and that the criticism from state governments and transporters is not well reasoned.
Kakinada SEZ Pvt. Ltd. (KSEZ), a subsidiary of GMR Infrastructure Limited, has signed a MoU with Guizhou International Investment Corporation (GIIC) - a consortium of three leading Chinese manufacturing companies to set up industrial park for the high end Chinese equipment manufacturing companies.
Lafarge, a French major in cement, aggregates and concrete businesses, has signed an agreement to acquire the 14 per cent stake held by Baring in Lafarge India, for a consideration of €270 million.
Over 1,550 projects with investments worth about Rs 26.5 lakh crore remained stuck in different stages as on December 2014 across major 21 states in India, noted a just-concluded study by apex industry body Assocham.