Stress relief for contractors Challenges of India's stressed construction sector. The Cabinet Committee on Economic Affairs has approved today a series of initiatives to revive the financially-stressed Construction Sector. These initiatives include: Public and Statue Units (PSU)/Departments may seek the...

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Swedish partnerships sought In a bid to deepen Indo-Swedish defence and aerospace cooperation, the Indian Government has urged Swedish companies to forge large scale partnerships with Indian manufacturers and reap the ‘early bird’ advantages from the amended defence procurement rules....

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Ashoka, Ramky projects A project by Ashoka Buildcon The National Highways Authority of India (NHAI) has issued Letter of Award (LOA) for development of following national highway sections in the state of Jharkhand on Engineering Procurement and Construction mode. Ashoka...

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Ascendas-Singbridge in Gurgaon Ascendas-Singbridge's model project: OneHub Chennai - An Integrated Industrial Township. Singapore’s Ascendas-Singbridge is building a US$400 million Information Technology Park at Gurgaon (ITPG) to provide eight million sq ft business space. Phase I, with two building of one...

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Rail projects approved Indian Railways' Begun-Kodar Station. The cabinet has approved nine projects, covering 1,937.38 km of rail lines and costing RS24,374.86 Crores across states on August 24, 2016. The projects are: Construction of 2nd railway line between New Bongaigaon...

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Fast Edge deployed Reliance Communications (RCOM) and its subsidiary Global Cloud Xchange (GCX) have announced the deployment of Fast Edge, the country’s first “Make in India” Content Delivery Network (CDN), designed to take “Digital India” from promise to fruition. “India’s...

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Adapting German skill India and Germany are collaborating in skill development under an agreement signed by Skill Development Ministry and Entrepreneurship (MSDE) and German International Cooperation (GIZ). The German Government has given Euro3 million (Rs22.6 Crore) for the three-year project...

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Fuel cess for projects Nitin Gadkari briefing the media, during the IACC Convention. The Shipping Ministry has proposed using part of the fuel cess collected for building national highways for expansion of National Waterways. Speaking at the Infrastructure Session of the...

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