Caterpillar has been a key partner in India’s growth since the 1930s, supporting growth in mining, transportation, captive power generation and construction of infrastructure.
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After the Union Budget 2020 announcement on February 1, 2020, as a first-of-its-kind initiative, Union Finance Minister Nirmala Sitharaman along with her team embarked upon an outreach programme across cities
The FIRST Construction Council recently organised the ‘Revolutionising Ports Conference’ at the Karnika Cruise in Mumbai, with a focus on ‘Integrating India’s Maritime Stakeholders’.
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India has jumped up 79 positions in World Bank’s Doing Business rankings, improving from 142 in 2014 to 63 in 2019. It has progressed on seven out of the 10 parameters. The Goods and Service Tax and the Insolvency and Bankruptcy Code top the list of reforms.
The Centre has approved a multi-purpose project worth Rs.60-bn to provide uninterrupted water for irrigation to farmers in Jammu and Kashmir's Kathua district and to produce power.
The state government has planned six more projects worth `9 bn for Puri under the ABADHA scheme as part of its efforts to make it a world-class heritage city.
The state government will use a Rs.100-bn loan from Asian Infrastructure Investment Bank to fund portions of Corridors 4 and 5 of Chennai Metro’s Phase-2, and a stretch of the peripheral ring road in the north of the city.
The Government of Uttar Pradesh has sought detailed project reports (DPRs) of two proposed metro corridors – Vaishali to Mohan Nagar and Noida Electronic City to Sahibabad by the Ghaziabad Development Authority (GDA) for approval.
GMR Airports has achieved the concession commencement date for design, construction, financing, operation and maintenance of a new international airport of Heraklion at Crete in Greece.
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The allocation of Rs.1.2 tn in the budget for rural development and panchayati raj may create incremental source of demand for cement companies in the coming quarters.
JK Cement has commissioned two grey cement grinding capacities – a 1 mtpa grey cement grinding capacity in Rajasthan and a 1.5 mtpa capacity at Aligarh in Uttar Pradesh.
Dalmia Cement (Bharat) has rolled out its first batch of specialised oil well cement, a unique product designed for cementing onshore and offshore wells under high temperature and high pressure.
With the demand for cement in India going up to 400 mn tonne (MT) from 30 MT four decades back, the launch of Wonder Cement’s new grinding unit in Badnawar, Madhya Pradesh, will boost construction and infrastructure development.
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Maxilevage, a French lifting and transport company based in Guadeloupe, has opted for Liebherr for the first time, taking delivery of an MK 88 mobile construction crane.
New wheel loaders and the debut of the Hitachi ConSite asset management suite will hit the headlinesat Hitachi Construction Machinery Loaders America display at ConExpo 2020.
CraneWorks, a Houston, Texas-based crane rental company, has made significant investment in the size and reach of its fleet with the purchase of several new National Crane boom trucks.
Four SDLG excavators helped expedite the construction of two hospitals in Wuhan, China, as part of the government’s effort to treat patients with coronavirus infections and ease the shortage of hospital beds.
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The Punjab Government will hand over the construction and operations of the waste-to-energy plant to the National Thermal Power Corporation, which will come up at Samgauli village.
To ensure transparency in the billing patterns for power consumption and ease the payment process, 3 lakh smart electricity meters will be installed in Gurugram.
The Odisha Electricity Regulatory Commission (OERC) has reportedly recommended that the government install 1 lakh smart meters with pre-paid facilities in loss-prone areas of the state
Nuclear Power Corporation of India will spend Rs.145.75 bn next financial year, jumping 22 per cent over the capital expenditure of Rs.118.90 bn in the current fiscal.
State-owned power generator NTPC will spend Rs.210 bn next financial year for funding projects for cutting down emission levels from power plants and hydro projects.
The government has proposed a Rs.220 bn outlay for renewables and power sector in 2020-21 for realising its goal of 24 x 7 electricity for all and providing freedom to consumers to choose service provider and tariff.
The Essel Group is negotiating with Adani Transmission and Tata Power to sell its under-construction Warora-Kurnool transmission line in an attempt to lower debt.
Realty developer Prestige Group is deliberating with Canadian pension fund Ontario Teachers’ Pension Plan, Singapore-based diversified conglomerate Keppel Corporation
Warburg Pincus-backed logistics real estate firm ESR will spend $250 mn to develop logistics parks in the country, a move that will see its warehousing portfolio double to 30 mn sq ft.
The project to revamp the century-old Connemara market at Palayam has taken off. The Smart City Thiruvananthapuram will implement renovation works worth Rs.1.12 bn.
iRam Technologies has made available its robust Smart Sensor Wireless Network, which will capture and communicate 100 per cent accurate field data to aid the local administration and citizens.
The Kerala Government has instructed Cochin Smart City Mission (CSML), the SPV company, to complete the proceedings for tendering all the projects under the Smart Cities scheme before March 31.
Several states, including Karnataka, Andhra Pradesh, Telangana and West Bengal, have shown interest in setting up greenfield smart cities along industrial corridors.
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To push the development of airports across the state, the government has released `840 mn to the state-run Maharashtra Airports Development Corporation (MADC).
In line with its commitment to promote domestic travel and include those areas which haven't been connected so far, the government has announced 100 additional airports by 2024 under the UDAN scheme.
The government will build four more airports in Karnataka; it has received approvals from the civil aviation ministry for airports in Hassan, Shivamogga and Vijayapura.
Construction of the greenfield airport in Hollongi of Arunachal Pradesh will begin soon. As per the Airports Authority of India, the work has reportedly been awarded to an Ahmedabad-based firm.
The Cabinet has approved setting up a major port at Vadhavan near Dahanu in Maharashtra. Costing approximately Rs.655.44 bn, the Vadhavan port will be developed on the “land lord” model.
To provide autonomy to India’s top 12 major ports and improve their efficiency and competitiveness, the Union Cabinet has approved the Major Port Authority Bill, 2020 to replace the existing Major Port Trust Act.
To boost the Chabahar port project in Iran by the Government of India, the ministry has increased the project allocation to more than double the figure allotted in the previous financial year.
To improve the efficiency of ports in India, the government will set up a framework and look at corporatisation of at least one major port, followed by subsequent listing on stock exchanges.
To improve the efficiency of ports in India, the government will set up a framework and look at corporatisation of at least one major port, followed by subsequent listing on stock exchanges.
Paradip Port Trust (PPT) has allotted 200 acre to Numaligarh Refinery (NRL) to set up a crude oil terminal within the port premises. The facility will enable NRL to import crude oil via the major port at Paradip to cater to its requirement.
The ongoing infrastructure projects under the jurisdiction of the Central Railway and South East Central Railway (SECR) have got a major boost with the allocation of The Rs.18.11 bn in the recent budget.
The National HighSpeed Rail Corporation (NHSRC) has invited bids for alignment design for the 435-km-long Chennai-Bengaluru-Mysuru rail corridor that will cut travel time to less than two hours.
The Jammu and Kashmir administration has approved a proposal for setting up the Elevated Light Rail System in both the capital cities of Jammu and Srinagar.
The Indian Railways has identified six sections for high speed and semi-high speed corridors, which include the Delhi-Noida-Agra-Lucknow-Varanasi and the Delhi-Jaipur-Udaipur-Ahmedabad sections.
To push the Kochi-Palakkad Industrial Corridor, the Delhi-Mumbai Industrial Corridor Development Corporation has invited International Competitive Bidding (ICB) for preparing a design report for roads and services for Integrated Manufacturing Cluster at Palakkad
The Brihanmumbai Municipal Corporation (BMC) has proposed to award contracts worth Rs.8.61 bn to various private firms towards the demolition and reconstruction of several bridges and road-over-bridges in the city.
A high-power committee (HPC) in Arunachal Pradesh has approved the project reports for the East-West Industrial Corridor conceptualised for enhancing connectivity of the foothills region and developing the foothill areas of the state into economic and industrial zones.
The Kolkata Metropolitan Development Authority (KMDA) will float tenders for repairing six flyovers and bridges that underwent structural health audit last year.
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Syska Group has launched the Syska Bactiglow SSK-BAB-9W Bulb, with microbial disinfection properties that electrocute harmful bacteria present in a room.
Revamp your exterior, patio, pool, shower areas and terrace area with beautifully looking Wooden Deck Tiles by NOTION. This new range will work great in any climate and will last for years.
GRAFDOER by VMS Bathware has launched a new ceiling shower with Chromotherapy (SO 454503), which solves our problem by showering water in three different ways: Mist, rain, and waterfall.
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The company has received a LoA from Uttar Pradesh Expressways Industrial Development Authority for EPC project in the state: Development of Gorakhpur Link Expressway Project (Package-II); and Ambedkar Nagar to Salarpur.
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Under the guidance of its Chairman & Managing Director Virendra D Mhaiskar, IRB Infrastructure Developers – through its SPV IRB Westcoast Tollway – recently commissioned the 189.6-km Goa-Karnataka border-Kundapur four-laning highway project.
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Even as automation and digitisation are transforming the manufacturing eco-system, ExxonMobilTM is harnessing emerging technologies to redefine lubrication solutions, says Deepankar Banerjee, CEO, ExxonMobil Lubricants.
NAREDCO, an apex body formed under the aegis of the Ministry of Housing & Urban Affairs, has urged the Centre to withdraw tax on the dividend received by InvIT/REIT unit holders
