Construction
UltraTech Cement Raises Rs 3,000 Crore via NCDs Amid Financial Setbacks
UltraTech Cement, the Aditya Birla Group’s flagship company, plans to raise up to Rs 3,000 crore through the private placement of non-convertible debentures...
Labour Costs Surge 25%, Driving Construction Expenses Up 11% in 2024
Construction costs surged by 11% year-on-year in 2024, driven by a staggering 25% rise in labour costs, according to a Colliers India report....
Cement Giants Raise Prices to Offset Margin Pressure Amid Modest Demand Revival
Cement companies are raising prices in an effort to protect their profit margins after a weak September quarter. Prices have increased by ₹8...
Illegal Sand Mining Threatens Injambakkam Dunes Despite Coastal Regulation
Illegal sand mining is reportedly destroying sand dunes along Injambakkam beach, near VGP theme park, in violation of coastal regulation zone (CRZ) rules....
Ramco Cements Reports 74.7% Drop in Q2 Net Profit, Revenue Declines 12.5%
Ramco Cements Ltd, based in Tamil Nadu, announced a 74.7% decline in net profit for the second quarter ending September 30, 2024. The...
Madurai Court Modifies Stay on Construction at Sundaram Park: Stalls Excluded
The Madurai Bench of the Madras High Court partially modified an interim order on Wednesday, lifting a restriction on construction work at Sundaram...
BCD Group Unveils BCD City in Hoskote: Bengaluru’s New Real Estate Benchmark
BCD Group has launched BCD City in Hoskote, an expansive integrated township featuring ready-to-move high-rise apartments, villa plots, retail, and office spaces, promising...
First TIDEL Park in TN Planned on HR&CE Temple Land in Nagapattinam
A six-acre plot of land in Selloor, Nagapattinam, has been identified for the establishment of the first TIDEL Park in Tamil Nadu. The...
Alumil Group Sets New Benchmark in Sustainability with Loop 80 Certified Recycled Aluminium
Alumil Group has launched Loop 80, a certified aluminium material containing 80% recycled content, marking a global milestone in sustainability. This follows the...
Five-Year Anti-Dumping Duty on Adhesive Chemical from China, Korea, and Thailand
India has introduced an anti-dumping duty of up to $557 per tonne on Epichlorohydrin imports from China, Korea, and Thailand, aiming to shield...
