AT A GLIMPSE

01 Aug 2017 Editorial Team

<ul> <li>SANY India has joined hands with Environmental Forum of India for a canal cleaning in Baramati and provided SY210 C-9 Long Reach excavator for the project.</li> <li> Danfoss India has launched its first-ever 'Service on Wheels' initiative.</li> <li> Piramal Finance has committed Rs 485 crore to integrated third party logistics solutions provider, Apollo LogiSolutions.</li> <li> NAREDCO West, with KPMG and PWC, organised a knowledge seminar on GST and MahaRERA.</li> <li> Allcargo Logistics has inaugurated 'Swachh Bharat Project -a step towards Clean India' in its CFS region in Maharashtra.</li> <li> In March 2017, international private equity firm Cinven entered into exclusive negotiations to acquire CHRYSO from LBO France, the acquisition of which has been completed in June 2017.</li> <li> Orient Bell, one of the largest manufacturers of ceramic and vitrified tiles, has unveiled its new identity with a re-branding exercise. </li> <li> CREDAI has launched skill training of over 2,500 construction workers in 20 new Tier-II and Tier-III cities.</li> <li> InfraConclave, an active forum for all infrastructure stakeholders that seeks to deliver actionable intelligence for transformative progress and development of India's infrastructure, was recently held in New Delhi. </li></ul>

Real Estate

29 Jun 2026

Omaxe to Invest Rs 62 Billion in Hospitality Expansion

Omaxe has announced the launch of a dedicated hospitality business vertical with plans to develop 19 hotels across five states over the next four to five years as part of its strategy to strengthen recurring revenues and expand its integrated development ecosystem.The real estate developer proposes to invest approximately Rs 62 billion, subject to regulatory approvals and market conditions, to develop nearly 5 million sq ft of hospitality assets across high-growth urban centres, pilgrimage destinations and transit corridors.The proposed portfolio will be integrated with Omaxe's existing townsh..

Third Railway Line Between Tatanagar And Adityapur Likely By September

The third railway line between Tatanagar and Adityapur is expected to be commissioned by September as work on the corridor advances, according to railway sources. The project to add a fourth line on the busy route is progressing and has been allocated Rs 50.89 billion (bn) in funding. The allocation underscores the focus on increasing capacity and easing congestion on the corridor. Relevant timetables are being adjusted to integrate the new capacity into regular operations. Construction activity has involved track laying, formation work and signalling upgrades along strategic stretches, with m..

Indian Railways Approves Rs 2.7 bn Kavach Rollout in Odisha

Indian Railways has approved a Rs 2.7 billion (Rs 2.7 bn) plan to install the Kavach train collision avoidance system on 631 route kilometres in the East Coast Railway zone. The Ministry of Railways said the work will form part of a wider Kavach deployment programme that relies on an LTE based communication backbone rather than a standalone installation. The approval marks the latest stage in the steady expansion of the indigenous safety technology across the national network. The decision aims to enhance safety and reliability on corridors serving Odisha and adjoining areas. The project will ..