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UltraTech Cement’s Q2 profit jumped over twofold to Rs 12.34 bn

UltraTech Cement reported a 113 per cent jump in its net profit. Its consolidated net surged over twofold to Rs 12.34 billion on a year-on-year (y-o-y) basis for the quarter ended September 30. Reportedly the company’s strong performance is on the back of operational efficiencies, lower finance cost and its ability to serve all Indian markets.

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PNC Infratech bags Rs 10.01 bn project in Andhra Pradesh

PNC Infratech had quoted a value of Rs 10,007.2 mn for the bid.

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Ramco Cements receives Community Develop Award

Ramco Cements’ fight against Corona pandemic started much before the lockdown on 22nd March 2020 and continues till date.

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L&T bags Mumbai – Ahmedabad Bullet Train Project

This could be one of the largest projects L&T has executed till date.

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Trimble hosts its first-ever virtual Tekla User Days (TUD) event in India

Global construction technology leader Trimble (NASDAQ: TRMB) hosted its flagship annual event for Indian customers, Tekla Users Days (TUD) India recently. Keeping in mind the safety and well-being of the attendees in the wake of the global pandemic, this year’s conference was hosted online. This open-for-all software user conference allowed the Indian construction professionals and Tekla Structures users to attend the mega-scale event from the comfort and safety of their home or office. The highly-anticipated annual symposium drew over 3,000 participants, including industry leaders, stalwarts and professionals from across the construction lifecycle. The 2-day event was sponsored by Giza – a global leader in connection design software and Dell Technologies, a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information.

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Cement Grinding Unit inaugurated by Chief Minister of Odisha

Odisha, rich with its precious mines, minerals and ideal geographic location, has always been a state with high industrial potential, and one of the key markets for the Ramco Cements. The company has been marketing around a million tons of cement each year in the state. So far the cement was being moved from the manufacturing facilities in Andhra Pradesh. As the state is developing very fast, Ramco Cements decided to set up its grinding unit in Odisha three years back and in November 2017 the Honorable Chief Minister of Odisha Mr Naveen Patnaik was kind enough to be the Chief Guest for the ground breaking ceremony. On 8th October 2020 the honorable Chief Minister has inaugurated the plant operations. This new Cement Grinding Unit of The Ramco Cements, with its world class machinery and modern technologies, is on the path of setting a new trend in the industrial sector, with innovative ideas for a cutting edge production facility, and ushering in a new age in Odisha.

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BEML wins 2 categories at Equipment India Awards

BEML LIMITED, a Schedule ‘A’ Company under Ministry of Defence, Govt. of India, received the prestigious ‘8TH ANNUAL EQUIPMENT INDIA AWARDS 2020’ in ‘Best Seller in Crawler Dozers’ & ‘Best Seller in Rigid Dump Truck’ categories at a virtual ceremony held on 15th Oct 2020.

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SP Group withdraws allegations of irregularities in Parliament building bidding process

The Shapoorji Pallonji Group withdrew the allegations against Tata Projects.

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NHAI set to make FY 2021 the best year of highway construction

Set to spend Rs 2 trillion & build 11,000 km

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Gadkari inaugurates16 NH projects in Andhra Pradesh

Union Minister for Road Transport, Highways and MSMEs Shri Nitin Gadkari inaugurated and laid the foundation stones for 16 National Highways projects with a total length of 1,411 kms worth Rs 155.92 billion in Andhra Pradesh on 16 October 2020. The event was presided by the Chief Minister Shri Y S Jagan Mohan Reddy.

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Tunnel to reduce travel time from 3 hrs to 15 min

Union Minister for Road Transport, Highways and MSMEs Shri Nitin Gadkari on 14 October 2020 initiated the first blasting for Zozila Tunnel in J&K. The tunnel will provide all-weather connectivity between Srinagar valley and Leh (Ladakh plateau) on NH-1, and will bring about an all-round economic and socio–cultural integration of Jammu & Kashmir (Now UTs of J&K and Ladakh). It involves construction of a 14.15 Km long tunnel at an altitude of about 3000 m under Zojila pass (presently motorable only for 6 months in a year) on NH-1 connecting Srinagar and Leh through Dras & Kargil. It is one of the most dangerous stretch in the world to drive a vehicle and this project is also geo-strategically sensitive.

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21.6 km road construction per day despite COVID-19

One Ministry that seems to have beaten COVID-19 is the MoRTH.

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