Infrastructure Investment
Jindal Stainless Eyes ₹40,000 Cr Investment in Maharashtra, In Talks for Land
Jindal Stainless has considered an offer of ₹40,000 crore to establish a stainless steel plant in Maharashtra, Managing Director Abhyuday Jindal said. Citing...
Kerala Allocates ₹227.18 Crore for Nilambur Bypass Construction
The Kerala government has approved ₹227.18 crore to build the Nilambur bypass in Malappuram district. The government made the declaration on April 16...
No Plans to Hike Safeguard Duty on Steel to 20%, Says Steel Secretary
No decision has been taken to hike the safeguard duty on certain steel items to 20%, Steel Secretary Sandeep Pondrik said in an...
The Ramco Cements Sells ₹455 Crore in Non-Core Assets to Cut Debt
Ramco Cements has asset monetization of ₹455.03 crore in FY25 as part of the company’s asset monetization strategy which aims to reduce debt...
Government to Revise Model Contract for Greenfield Highways by April 2025
By April 2025 the Indian government will launch a revamped Model Concession Agreement (MCA) for Build-Operate-Transfer (BoT) projects. The approach is part of a...
Embassy REIT invests ₹100 Crore to Accelerate Bengaluru’s Metro Expansion
In a major boon for Bengaluru’s urban infrastructure, Embassy Office Parks REIT on Thursday announced a ₹100 crore investment for the development of...
Govt Sets Lowest Highway Construction Target in Seven Years
The government of India has set a national highway (NH) construction target of 10,000 km for 2025-26, the lowest target in 7 years per...
Construction Equipment Industry Hits Three-Year High in Domestic and Export Sales: ICEMA
India’s construction equipment industry logged its best sales numbers in three years thanks to record government spending on infrastructure projects. In the first nine...
Report: Safeguard Action on Steel Imports Likely to have Minimal Impact
Rising imports have prompted the Ministry to consider levying a safeguard duty on steel imports, but HDFC Securities in a recent report stated that...
ACE Profit Jumps 26% in Q3 FY25, Revenue Gains 16.65%
Action Construction Equipment Ltd (ACE), a leading player in the construction and material handling equipment industry in India, has delivered a strong financial...
