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T Chitty Babu, chairman & CEO, Akshaya Pvt. Ltd, explains why their project – ABOV – is going to stand out amongst its peers Brief us about your current and upcoming projects. Since 1995, Akshaya has 11.2 million sq-ft of real estate space, including ongoing and successfully delivered projects; of which 85% is in residential and 10% in office spaces. We are experimenting with premium villa plots, CBD zo ...

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Keeping track

PMV Middle East looks at the development of the GCC telematics industry Though a long time coming, the regional uptake of telematics is finally rising in leaps and bounds, even if users don’t yet appreciate the technology’s full utility. John Taylor, COO of Sitech Gulf, the official distributor of Trimble and a subsidiary of Gulf Caterpillar dealer Al-Bahar, says: “We’ve seen fantastic adoption of the techn ...

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Piramal Realty launches holistic living at Thane: Piramal Vaikunth

Piramal Realty, the real estate development arm of Piramal Group, has launched a holistic living residential complex: Piramal Vaikunth at Thane. The mixed-use project is designed by HOK. The destination will feature high-rises, townhouses, world-class amenities, a spiritual learning centre, and a retail boulevard, all nestled in a 32-acre oasis. Buyers can select from 2- to 3-bedroom apartments, duplexes or ...

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Philips Lighting announces Hue in India

Philips Lighting has launched a dynamic web-enabled LED home lighting system in India – Philips Hue. It has redefined the possibilities of LED technology by integrating the digital light source with the Internet of Things concept. The personal wireless lighting system - Philips Hue allows users to create and control home lighting using their smartphone or tablet. The Philips Hue range for India will include ...

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Sandvik to build new plant in Pune

As part of its continued growth in the country and to leverage India’s position as one of the best cost countries in its operations, Sandvik has announced a commitment to set-up a world-class manufacturing facility at Chakan, Pune. Development of the site commenced with the ground-breaking ceremony held at the site. The facility will be operational by end of 2016. The company has made an initial investment ...

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Sterling & Wilson bags Philippines order

Enfinity Philippines Renewable Resources Inc., a subsidiary of Enfinity NV, has appointed Sterling and Wilson to set up their 28.6MW solar photovoltaic power plant in Davao, Philippines. In a boost to the Make in India campaign SWL has won this project in the global solar market against big competition. This project will be constructed under the Department of Energy (DOE) Philippines solar power procurement ...

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New technology in acotec wall production lines

Elematic, a world-leading manufacturer of precast concrete plants and production lines, has launched new technology level choices to their Acotec wall production lines. Acotec line is meant for manufacturing of light, non-load bearing, room-high precast partition wall panels. The new technology levels are called SEMI, PRO and EDGE, and they differ by the degree of automation and capacity as well as the requ ...

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Mahindra launches mini-truck, Jeeto

Mahindra & Mahindra Ltd., has launched its new small commercial vehicle, Jeeto in Mumbai. Jeeto is the first ever product in its category with a modular range of eight mini-trucks to cater to the varied needs of the sub-1-tonne load segment customers. Priced competitively, Jeeto starts at Rs 2.35 lac (ex-showroom Thane for BSIII) and will be available in S, L & X series, catering to mini-truck, micr ...

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Trilux launches suspended LED luminaire

Trilux Lighting (India), the Germany headquartered lighting solutions major, has launched an innovative new product, Lateralo Plus for the Indian market. Specially targeted at office lighting, this product is ideal for screen-based workstations, offering glare-free uniform and motivating light with high illuminance levels for work surfaces. Lateralo Plus offers impressive and intelligent technology which is ...

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JSW Energy plans to raise Rs 12,500-cr for capex, expansion

Power producer JSW Energy is planning to raise up to Rs 12,500 crore through issuance of various securities as it eyes organic and inorganic ways to expand business. The firm, part of $11 billion Sajjan Jindal led-JSW Group, will seek shareholders’ approval soon for raising up to Rs 5,000 crore for ongoing capital expenditure and another Rs 7,500 crore to pursue “organic and inorganic growth opportunities”, ...

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