Projects

The Cabinet has approved the setting up of ISRO Technical Liaison Unit (ITLU) at Moscow. An average annual expenditure of about Rs.1.50 crore per annum is anticipated to be incurred at ITLU in Moscow towards salary, office expenses, rent, taxes etc.

A majority government at the Centre is gradually reviving private equity's confidence in Indian real estate - especially the commercial sector.

The E-payment Solutions Market in India (2018-2023) is anticipated to expand at a compound annual growth rate (CAGR) of ~51.17% between FY 2018 and FY 2023 and will reach a value of Rs.15,344.1 trillion by FY 2023.

Emerson (NYSE: EMR), a global technology and engineering company, has opened its newest cybersecurity lab in Pune to help manufacturers confidently adopt digital transformation strategies, while protecting the integrity of their plant operations, networks, systems and data.

In a recent move, the National Housing Board (NHB) has directed Housing Finance Companies (HFCs) in India to ‘desist from offering’ loans for financing subvention schemes offered by developers. Loan disbursements will now have to be strictly linked to construction...

The Sixth ship of Class of Eight Landing Craft Utility (LCU) Mark-IV vessels - IN LCU L-56 - was commissioned by Vice Admiral Atul Kumar Jain, Flag Officer Commanding-in-Chief, Eastern Naval Command in Visakhapatnam on 29 July 2019.

As on 19 July 2019, 3,700 projects worth about Rs.136,000 crore have been tendered under the 100 Smart Cities Mission (SCM) programme, said the Ministry of Housing & Urban Affairs on 29 July 2019.

Improvement of byepassed portion from 59,425-km to 63,750-km Dharamkot byepassed section, 63,950-km to 67,000-km Jalalabad byepassed section, 78,932-km to 80,600-km Bughipura byepassed section, 87,700-km to 90,645-km Butter bypassed section.

Minister for Home Affairs Amit Shah has laid the foundation stone of over 250 projects worth Rs.65,000 crores in Lucknow on 28 July 2019 at the Second Ground-Breaking Ceremony of the UP Investors Summit.

Mumbai-headquartered 3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH) has formed a strategic partnership with Dunamis Pacific Corporation, a US based IT strategy and enterprise solutions company to serve the North American construction industry.