Projects

Ng says positive trends in Indian auto industry gives strong investment confidence French origin industrial heavyweight SGS has opened a greenfield laboratory for quality testing of automotive components in Pune, offering a range of advanced testing services. SGS has plans...

Indian retail sector evolving with digitization, says Mediratta As the retail sector has been experiencing the effect of formalisation of economy and digitalisation, it needs National Retail Policy to establish a level playing field for both online and offline retailers...

India has 17 crore vehicles on the roads Minister of Road Transport and Highways Nitin Gadkari has underlined the need to get best global practices for road engineering projects by giving priority to entities having joint ventures with international consultants....

The bond market is developing well in India, says Chhatwal InvIT and REIT are a big boon for infrastructure financing in India, and bond markets needs to accept this, says Gurpreet Chhatwal, MD, CRISIL Ratings Ltd. There is significant change...

PPPs are being encouraged to bring private capital and efficiency in projects The Department of Economic Affairs (DEA) has announced a fund to further support Public and Private Participation (PPP) in infrastructure developments. The India Infrastructure Project Development Fund Scheme...

Ministry anticipates 900mn tons of coal production this year The Finance Ministry has extended Rs.6,000 crore incentive for coal gasification and Rs.250 crore for exploration process, according to Coal and Mines Minister Pralhad Joshi The Coal Ministry is exploring alternative...

Satyarthi wants technocrats-engineers to break the chain of online money transaction involving child abuse Noble laureate Kailash Satyarthi has called on bankers to play an important role in addressing the serious issue of online child sexual abuse and urged technocrats...

Railways converting non-broad gauge lines to broad gauge The Prime Minister, Narendra Modi, has dedicated two railway projects worth over Rs.2,900 crores at Asarva, Ahmedabad on 31 Oct 2022. These projects include the Ahmedabad (Asarva)-Himmatnagar-Udaipur Gauge Converted Line and Lunidhar-Jetalsar...

Aggressive monetary tightening by central banks worldwide is expected to continue, says CBRE report The office sector in India witnessed gross absorption of 42.1 million sq. ft. during 9-month 2022, registering a growth of 66% (Y-o-Y) while supply grew by...

IRS has been an ardent proponent of AtmaNirbhar (self-reliance), says Dhawan The Indian Register of Shipping (IRS) has formalised MoUs with Garden Reach Shipbuilders & Engineers Ltd (GRSE), Hindustan Shipyard Ltd (HSL) and Goa Shipyard Ltd on 20 Oct 2022...