Construction Sector
Industry Body Slams Retrospective GST Rule Change on Commercial Construction
The Centre’s recent retrospective amendment to the GST Act, denying input tax credit (ITC) on building materials consumed in commercial constructions like malls...
RBI Rate Cuts to Spur Mid-Income Housing Demand, Says CREDAI Tamil Nadu
Reserve Bank of India (RBI) recent repo rate cut has come as a morale booster to the real estate sector, with CREDAI Tamil...
Jindal India Forays into Steel Pipes & Tubes Market with ₹100 Cr Investment
Jindal (India) Ltd, a major player in downstream steel and part of the BC Jindal Group, has ventured into the steel section pipes...
Cement Industry Sees 7.5% Growth This Year on Infra Drive and Rural Housing Demand
India’s cement demand is projected to grow 6.5-7.5% in FY26, driven by increased infrastructure spending, rural housing push, and higher budget allocations under...
UltraTech Cement to Acquire Wonder WallCare for ₹235 Crore, Expands Footprint in Wall Putty Market
Aditya Birla Group Company UltraTech Cement Ltd on Monday said it would acquire 100 percent equity in Wonder WallCare Pvt Ltd for an...
Cement Prices Plunge in South India, But Rebound Expected in Q1
South Indian cement prices fell sharply at a glance in March and at a bigger pinch than other regions owing to year-end volume pressures...
TN Govt to Introduce Master Health Checkup Scheme for Building Workers
A forward step towards worker welfare in the construction industry was made by the government of Tamil Nadu, when they have proposed bringing...
JK Lakshmi Cement Faces ₹45.6 Crore Tax Demand, Plans to Appeal
JK Lakshmi Cement Ltd, on the other hand, has got ₹45.6 crore tax demand from the Income Tax Authority for the AY 2022-23. The...
Centre Announces ₹15,000 Crore SWAMIH Fund 2.0 to Revitalize Inactive Housing Projects
Struggling homebuyers now may breathe their collective sighs of relief, for the government launches SWAMIH Fund 2.0 to make an extra allocation of...
UltraTech’s Strategy for India Cements Turnaround in 12 Months
UltraTech Cement Ltd. is taking decisive steps to drive a turnaround for India Cements Ltd. (ICL) within the next 12 months. It recently...
