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March 1st, 2009

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NEWS

Unspent rural infra fund undermines govt's efforts
Projects

Increased spending for rural infrastructure in the interim budget has raised further question marks as existing funds remain unspent.

Sahara India forays into healthcare
Business

Sahara India has made its foray into healthcare business with the opening of super specialty Sahara Hospital in Lucknow.

KEC bags orders worth Rs340 crore
Business

Power equipment maker KEC International has bagged three orders aggregating Rs 365crore from different vendors for construction of transmission lines.

Govt hikes fund for JNNURM schemes
Business

The government has approved the increase of Rs11,000 crore in fund allocation for various schemes under the Jawaharlal National Urban Renewal Mission (JNNURM).

Foreign construction firms have scope in India: PwC
Projects

The audit firm PricewaterhouseCoopers (PwC) in its recent report has said that India will become the world?s third largest economy by 2050

Ludhiana airport receives govt clearance
Business

Ludhiana Green-field airport has received the site clearance from the ministries of civil aviation and defence.

Neev to focus on infra, new markets
Business

Mumbai-based real estate and infra services company, Neev Group has announced its strategic growth plans which includes a clear focus on the growing infrastructure development space and tapping new markets.

3i picks stake in K'patnam port
Business

Private equity firm 3i Group has picked up a minority stake of US$61 million in the Krishnapatnam Port Company (KPC) through its Indian arm, 3i India Infrastructure Fund.

Give infra status to integrated township development: CII
Business

In a recent report submitted to the Government, Confederation of Indian Industry (CII) has suggested that the integrated township development activity be accorded an 'Infrastructure Status'.

Rural infra off target
Projects

The deadline for the Bharat Nirman programme ends this month but most of the projects are moving at snail's pace.

UK govt extends support
Business

The UK government has extended its support for important infrastructure projects under the Private Finance Initiative (PFI) amid the ongoing credit crisis.

Venuezuela and China governments agree to double investment fund
Business

The governments of Venezuela and China have agreed to double a bilateral investment fund to US$12 billion intended to finance farming, education, infrastructure, mining and health projects in the Latin American country.

Emaar Misr launches Mivida
Projects

Moving away from the vernacular architecture of Cairo and driven by the overpopulation of the city, Emaar Misr has launched the sprawling, Mediterranean-flavoured mixed-use development Mivida.

Kalimantan expected to get more focus from the government
Projects

Indonesia's largest province East Kalimantan is expected to get more focus from the government.

Omani govt makes way for Batinah Coastal Road project
Projects

The Omani government has begun relocating thousands of people to make way for the Batinah Coastal Road project, estimated to cost US$965 million (OMR371 million).

Owning a house in Zimbabwe continues to be a pipe dream for many
Projects

In a society where the once well-established middle-class has virtually become extinct, the ever-soaring price of houses has left more tenants than homeowners.

Hyundai, Kinetic sign tech pact
MEP

South Korea's Hyundai Elevator Company (HELCO), a leading manufacturer & pioneers of elevators and escalators & travellators, has decided to enter into a joint venture with India's Kinetic Elevator & Escalator Limited (KEEL).

Eveready targets energy deficient homes
MEP

Eveready Industries India Ltd. is launching a series of products in the space of alternate lighting solutions aimed at providing enlightenment to energy deficient households in India

Crompton Greaves forays into home automation
MEP

Electrical engineering major Crompton Greaves has recently forayed into the home automation through an international tie-up.

NLC's Tuticorin power project gets underway
MEP
 2 Comments

Work has began at the 1000 mw (2x500 mw) coal fired thermal project of NLC Tamil Nadu power project (NTPL) at Tuticorin.

Torrent powers ahead of Reliance Infra, Tata Power
MEP

Ahmedabad-based Torrent Power Limited is set to emerge as the largest private sector power distribution company in the country with total distribution capacity of over 20.5 billion units from October 2009.

Coastal Energen inks BTG contract
MEP

Coastal Energen has signed a boiler turbine generator procurement contract with Harbin power engineering Co

European award for Kitec India
MEP

Kitec Industries (India) Ltd was awarded the European Quality Award by the Europe Business Assembly (EBA)

Bombardier's first Movia chugs in
PMV

Bombardier's first Movia car, in the new high-technology fleet of metro cars, ordered by the Delhi Metro Rail Corporation (DMRC) for its Phase II expansion, has arrived in India.

Shriram EPC bags Rs70 crore contract
PMV

Chennai-based energy firm Shriram EPC, has been awarded an Rs70 crore turnkey contract

Ashok Leyland ties up with BoB
PMV

Ashok Leyland has now tied up with Bank of Baroda for extending finance to the company's end-customers and its dealers' inventory.

Spurt in CV demand spreads cheer
PMV

With demand for commercial vehicles showing strong signs of revival, industry players like Tata Motors and Chennai-based Ashok Leyland are optimistic about the future.

APIIC to invest Rs300 crore to boost SEZ infra facilities
PMV

Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) will spend about Rs300 crore over the next two-three years to create additional infrastructure at the Achuthapuram AP Special Economic Zone (SEZ).

BHEL to invest Rs250 Cr for a new plant in T.Nadu
PMV

Bharat Heavy Electricals Ltd (BHEL) is setting up a new manufacturing plant in Tamil Nadu with an initial investment of Rs250 crore.

ANALYSIS

Faster, better and even cheaper
Projects
 3 Comments

The Indian construction industry is realising the significance of technological innovations

Women of substance
Business

In this male dominated industry, certain women have created a distinct mark through their work.

Aura of Good Living
Design
 1 Comments

Offering a choice between 2BHK and E3 apartments, Kalpataru Aura combines the best of spacious homes with the convenience of premium amenities.

New Age Advantage
Facilities Management

Satish Pendse, CIO of Hindustan Construction Company Ltd discusses the importance of Enterprise Resource Planning (ERP) from the construction industry's perspective

A big taxing problem
Projects

Consortiums need to be clear about their taxation responsibilities.

Prioritise onsite safety
Facilities Management

Safety at construction sites is a priority for some big companies, but overall the industry continues to lag behind, says Syed Ameen Kader in this brief report

For a smooth and pure flow
MEP
 1 Comments

When it comes to water supply, how do multilayer composite pipes fare when compared to other pipes that use metals or plastics?

Break the vicious circle
Business
 1 Comments

Sachin Sandhir, MD & country head, Royal Institution of Chartered Surveyors (RICS) India discusses the need for ethics and standardisation in the real estate sector

Far from the finishing line
Projects

Commonwealth Games 2010 are struggling to reach the half-way mark.

PEOPLE

Face to Face: More funds or fewer jobs
Business

Why the realty sector needs an urgent liquidity injection.

Let there be light
MEP

The Indian lighting industry is becoming as concerned for the environment as it is about consumer awareness, good engineering and aesthetic designs.

COMMENT

Don't lose the technology advantage
Business

It was a magnificent view from more than 100 metres above the sea level at the Bandra Worli Sea Link (BWSL).

When the law is 'write'
Business

A recent UK case has brought to light the risks associated with an unsigned contract.

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