Projects

IRClass grows global profile Indian Register of Shipping (IRClass) has joined a select group of Classification Societies who have received authorisation as a Recognised Organisation from the US flag administration. The recognition is an appreciation of IRClass meeting the stringent,...

Industry told to adopt pre-slab fabs General (Dr) VK Singh (Retd), Minister of State for Road Transport & Highways, has urged the Indian road infrastructure and road construction industry, including the equipment and materials, to come up with innovations that...

Barauni plant to resume operation The Paradip-Haldia gas pipeline will now be further extended to Patna, Muzaffarpur and connected to the pipeline coming from Kandla which, to date, has reached Gorakhpur, Prime Minister Narendra Modi announced on 13 Sept 2020....

FM necessity for asset owners Cumulative market revenue for Facility Management (FM) services is expected to grow at a CAGR of 23.4% from FY2019 to FY2024, according to a ResearchAndMarkets report. Professional FM services have now become a necessity for...

NTPC diversify portfolio NTPC has 3,800 MW capacity of power projects in the pipeline in Bihar, having already established 6,150-MW as part of the state development, said NTPC CMD Gurdeep Singh. “The growth of NTPC has played an instrumental role...

Time to innovate and reimagine, says Nair of JLL. Renewed interest from Non-Resident Indians (NRIs) and joint families are emerging in the Indian residential sector, according to an industry report. While there are certain uncertainties, the worst is behind for...

Reduce road construction costs, says Gadkari Minister for Road Transport and Highways Nitin Gadkari has approved a proposal to construct 120 km Munger-Bhagalpur-Tirpety-Kahalgaon concrete road on national highway 80 in Bihar. It will be a 2-lane road with paved shoulders,...

Rafale reflects India-France strategic relations Defence Minister Rajnath Singh has pitched for French investments in the Indian defence manufacturing sector, following the induction of Rafale jets on 10 Sept 2020. Many policy reforms have been initiated such as manufacturing of...

India Inc continues to remain under pressure Based on the consumption and industrial trends, a large number of sectors have been reporting a gradual recovery to the pre-COVID levels, according to a report by ICRA Ltd. Many sectors have recovered...

InvIT offers investment opportunities In a path-breaking reform, the Cabinet Committee on Economic Affairs (CCEA) has approved monetisation of POWERGRID assets worth more than Rs.70,000 crore through an Infrastructure Investment Trust (InvIT) model. This is the first time any PSU...