Year end review of ministry of steel
Introduction Steel is a strategic sector for any major developing and developed economy. India is the 3rd largest Steel producer globally and is likely to be the 2nd largest Steel… Read more »
Category: Allied Industries
Noida-Greater Noida Metro gets Rs 406 crore boost from NCR Planning Board
NEW DELHI (INDIA): National Capital Region Planning Board (NCRPB) has begun to release funds for the Noida-Greater Noida Metro Project by disbursing the first loan installment of Rs.406 crore, giving… Read more »
Government to bolster institutions for effective Benami law
FARIDABAD (INDIA): A day after Prime Minister of India Narendra Modi stressed on an “incisive” law against Benami property, a top finance ministry official said the government will do everything… Read more »
L&T Construction bags orders worth Rs 3,039 crore
NEW DELHI (INDIA): Larsen & Toubro (L&T) said its construction arm has bagged orders worth Rs 3,039 crore across various business segments, including power transmission and distribution, and heavy civil… Read more »
Tata Steel-constructed model school inaugurated in Jajpur
KALINGNAGAR (INDIA): An Adarsha Vidyalaya, a model school constructed by Tata Steel at Gohirapatuli in Ranipada Panchayat under the Danagadi block in Jajpur district was inaugurated on December 23, 2016…. Read more »
JK Lakshmi Cement gets shareholders’ nod to raise upto Rs 500 crore
NEW DELHI (INDIA): JK Lakshmi Cement has received shareholders’ approval to raise up to Rs 500 crore by issuing non-convertible debentures on private placement basis. Shareholders approved the special resolution… Read more »
Construction equipment industry revenue to cross Rs 1.5 lakh crore
GURUGRAM (INDIA): Builders Association of India President Avinash M. Patil on Wednesday said the Indian construction equipment revenues are expected to cross the $23 billion — approximately Rs 1.5 lakh… Read more »
Subdued volumes upset earnings prospects of cement cos
NEW DELHI (INDIA): While cement prices have been affected in the southern and western markets, volume growth has been adversely impacted in all regions in November following demonetisation, rating agency… Read more »
Gurugram to play host to construction equipment industry with BAUMA CONEXPO INDIA 2016
NEW DELHI (INDIA): BAUMA CONEXPO INDIA 2016, one of the most significant trade fairs in India for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicle Industry, started its… Read more »
Cement industry to see pick up in demand from next month
MUMBAI (INDIA): Domestic cement industry, which is facing demand constraints post demonetisation, may witness a pick up from January with likely normalcy in liquidity, says a report. “An abrupt decline… Read more »