Category: Business
L&T Construction secures road & rail projects
Larsen & Toubro has secured an order from the Tamil Nadu Road Infrastructure Development Corporation to construct the Chennai Peripheral Ring Roa [...]
Office net absorption ends Q1 at 11.55 million square feet, with post-pandemic flex leasing at an all-time high: JLL
The combined office net absorption across seven cities stood at 11.55 million sq. ft. at the end of the first quarter (January-March) of 2022, accord [...]
Vikas Kumar is the new MD of the DMRC
The Delhi Metro Rail Corporation has appointed Vikas Kumar, a 1988 batch Indian Railway Traffic Service (IRTS) officer, as its Managing Director. He [...]
J M Baxi Group acquires 2 biz divisions of Allcargo and Lift & Shift
J M Baxi Heavy has signed an agreement to acquire Allcargo Logistics Limited's Project Forwarding & Logistics Business. It has also provided a bi [...]
Anarock Capital closes sale of 41acre land parcel in NCR
Anarock Group has closed the sale of a 41-acre land parcel on the Ballabhgarh-Sohna highway. Pardos Logistics will utilize this land parcel to develo [...]
ICRA: CE dealers cautiously optimistic on volume growth in FY2023
The demand for Mining and Construction Equipment tapered from Q1 FY2022, post a record high volume in Q4 FY2021. This follows the second Covid wave a [...]
Gujarat gets India’s first Steel Slag Road
A road made with 100% processed steel slag aggregates in all bitumen layers has come up in Surat, Gujarat. It is sponsored by the Council of Scientif [...]
NaBFID targets ₹1-tr infra funding in next fiscal
The Centre has set a target of ₹1 trillion for the government-backed National Bank for Financial Infrastructure and Development (NaBFID). An action p [...]
Dharamsala gets ₹567cr for urban infra development
The urban development department in Himachal Pradesh has launched ₹567 crore urban infra projects under the smart city mission. The projects include [...]
Govt targets ₹5.48 Lakh cr projects under Sagarmala
More than 800 projects of around ₹5.48 lakh crores have been identified for implementation under the Sagarmala initiative. Projects include moderniza [...]