News

Singapore Based Cube Highways Secures Deal of Ghaziabad Aligarh Expressway For Up to ₹1,600 Cr Enterprise Value

Pan India project worth ₹7,000 crore, Bharat Road Network Ltd. (BRNL) along with its partners signed an agreement with Singapore based Cube Highways for the complete transfer of ownership in an operating toll road project in Uttar Pradesh. The revenue generated will...

Adani Transport Procures ₹1,040 Cr Telangana Highway Contract

Adani Road Transport Ltd (ARTL) notified that it has won a ₹1039.90 crore highway project from NHAI in Telangana.”We are pleased to inform you that ARTL has received a letter of award (LOA) for four laning of NH-365A from Kodad to Khammam in the State of Telangana...

IRB Infra Bags LOA From NHAI For Highway Project In Himachal Pradesh

National Highways Authority of India (NHAI) awarded a ₹828 crore project in Himachal Pradesh to IRB Infrastructure Developers Ltd (IRB). “The company has received Letter of Award from NHAI for the project of Rehabilitation and Upgradation to Four Lane configuration...

Sustainable Building Solutions To Be Developed By ACC, Ambuja Cements In Alliance With IIT Madras

Cement giants ACC and Ambuja Cements announced their partnership with the Indian Institute of Technology Madras (IIT-M) to develop green and sustainable building solutions. A collaborative research study will be financially aided by LafargeHolcim Innovation Centre...

Rising International Prices Boost Steel Exports From India

India’s primary steelmakers have increased their share of exports in Q4 amid rising international steel prices. JSPL’s share of exports in sales was around 21% in Q3 as against 38% in Q4. SAIL has increased exports to 0.40 million tonnes from 0.27 million tonnes in Q3...

GMR Group Launches AeroCity Spread Over 1,500 Acres Around Hyderabad Airport

The GMR Group announced the launch of GMR AeroCity in Hyderabad, with over 1,500 acres spread area in Shamshabad, the city’s suburbs. The AeroCity, with the Hyderabad international airport at its centre, will include various establishments like Business Park, Retail...

L&T Bags Multiple Construction Orders
Worth ₹1,000 Cr – ₹2,500 Cr

Larsen & Toubro’s construction arm secures multiple orders, collectively in the range ₹1,000 crore - ₹2,500 crore as per statement issued by the company. These orders include heavy civil infrastructure, water and effluent treatment and building and factories...

Vedanta Seeks To Set Up A New Copper Smelter With An Investment Of ₹10,000 Cr with Government Partnership

Vedanta Ltd. is looking to partner with State governments to set up a copper smelter complex in a coastal region in India. The investment in the complex could be around ₹10,000 crore and provide employment to nearly 10,000 people, says an Expression of Interest (EoI)...