News

EPC Sector To Recover With Plenty Order Inflows And Execution Picking Up, Says Ind-Ra

In the 9MFY21 edition of its credit news digest published by India Ratings and Research says that pick up in execution and rich order inflows will aid recovery in the EPC (engineering, procurement and construction) sector. “Ind-Ra expects roads, buildings, railways...

Q4 Of FY 21 Records 16% Rise In Sales At 4.67 Million Tonnes For Tata Steel

Tata Steel, during the last quarter of Financial Year 2021, records a 16% jump in sales at 4.67 million tonnes with crude steel production flat at 4.75 million tonnes. Tata Steel India reported an annual sales volume of 17.30 million tonnes in FY21, up by 1% year on...

New Gurgaon To Step Into Next Chapter Of Real Estate’s Growth Story

A series of infrastructure developments, improved connectivity, conducive government policies and initiatives from trusted developers are all set to make New Gurgaon as a realty hotspot in the Delhi-NCR region post COVID. New residential project launches would...

PM Modi Inaugurates India-Bangladesh Friendship Bridge ‘Maitri Setu’

PM Narendra Modi inaugurated 1.9 Km long ‘Maitri Setu’ bridge between India and Bangladesh which has been developed over the river Feni. He also laid the foundation stone of various infrastructure projects in Tripura as well. According to the PMO, the name ‘Maitri...

Mega Steel Plant In Odisha To Bring New Wave Of Economic Development

The mission is in line with Prime Minister’s vision of driving growth of eastern India, and will contribute to achieving National Steel Policy’s envisioned capacity of 300 million tonnes per annum by 2030. Union minister Dharmendra Pradhan said, `50,000 crore...

Orders Worth `1,000 Cr Bagged By RPP Infra Projects

RPP Infra Projects said it has won four work orders worth `1,000 crores. The company said it has received order from Tamil Nadu Water Supply and Drainage Board for `131.14 crore. The company has also received orders from Highways Department- Chennai Kanyakumari...

Dwarka Expressway – India’s First Grade-Separated Urban Expressway

Union Road Transport and Highways Minister Nitin Gadkari said “The construction work on the country’s first grade-separated urban expressway, Dwarka Expressway, worth `8,662 crore will be completed before 15 August 2022”. The expressway’s total length is 29 km out of...

Arch Bottom Of The World’s Tallest Bridge Over Chenab Connected By Indian Railways

The bridge is being constructed on challenging 111 km-long stretch called Udhampur-Srinagar-Baramulla Rail Link by the Konkan Railway Corporation Ltd providing direct connectivity to Kashmir. This project is being built at a cost of `27,949 crore. Moving towards an...