Projects

Will vacant retail sites convert to storage space? Considering the rising demand for storage space in India and the fact that many vacant spaces can be reconfigured for self-storage, investments are likely to pick up going forward, said Pratyush Pandey,...

Mindspace credit profile to remain stable The commercial office leasing segment had the minimal impact of the Covid-19 pandemic and the subsequent lockdown, evident from the steady collections of 97.8% in April and 95.2% in May for portfolio assets under...

25-year power supply at Rs.2.2/kWh Azure Power (NYSE: AZRE) has received the letter of award (LOA) for a 2-GW interstate transmission (ISTS) #solar power project with Solar Energy Corporation of India (SECI) pursuant to the exercise of a greenshoe option...

Colombo highlights the potential of exports to EU Sri Lanka is seeking Indian investments in value-added products in sectors such as IT, automotive components, pharma and engineering with potential for exports to the European Union. "Sri Lanka acts as a...

In all cases, tenders will be cancelled India will strictly check China’s participation in its economic prosperity given the two countries are facing off along the common border, with deadly clashes at Line of Actual Control in eastern Ladakh in...

Airports being modernized More than Rs.3,000 crores are being spent to modernize the existing #airports in the North East including Imphal Airport, Prime Minister Narendra Modi said during a launch of Rs.3,000 crore water project in Manipur. The projects include...

Office space demand is driven by ITs REITs are expected to attract both domestic and international investors, give the performance of the first listed property despite the pandemic situation. "REITs is a tax-efficient tool and if the product continues to...

Tech-driven lube processing Houston-based DWC Innovations in cooperation with Koch Glitsch has been awarded the design of a grassroots Dividing Wall Column (DWC) Project in Lubricating Oil Base Stock (LOBS) unit of an Indian refinery. This #DWC column produces four...

Badal says 18 MFPs under implementation Zoram Mega Food Park (MFP) will leverage an additional investment of about Rs.250 crore from about 30 food processing units and would eventually lead to a turnover of about Rs.450-Rs.500 crores annually. This business...

BMEL to supply 1,512 mine ploughs The Acquisition Wing of Ministry of #Defence (MoD), has signed a contract worth Rs.577 crore with Bharat Earth Movers Limited (#BEML) for procurement of 1,512 Mine Plough (MP) for Tank T-90 S/SK. The contract...