Infrastructure stable, wind power dips in FY24 forecast: Report
POWER & RENEWABLE ENERGY

Infrastructure stable, wind power dips in FY24 forecast: Report

India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively in...

India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively influence utilisation of thermal assets. Nevertheless, the wind power segment faces a negative outlook due to the unpredictability of generation levels. E-bus projects too joined the ranks with a stable outlook. Contact: India Ratings and Research Tel: 022 4000 1700 Email: www.indiaratings.co.in

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Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

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Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

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Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

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