Sterling & Wilson Renewable Energy secures two new orders worth Rs 5.12 bn

Sustainable construction without compromising on quality

As India continues to experience a surge in infrastructure development, experts are calling for more sustainable practices in construction while emphasising the need for high-quality materials. With an increasing focus on environmental responsibility, the challenge remains to ensure that materials like Thermo-Mechanically Treated (TMT) bars meet both eco-friendly standards and the durability required for long-term infrastructure. The use of recycled steel has become more common in TMT bar production as part of an effort to reduce waste and promote sustainability. However, some manufacturers ha..

SAIL Chairman Calls for Steel Tariffs

The Chairman of Steel Authority of India Limited (SAIL) has called for the imposition of tariffs on steel imports, citing the need to protect the domestic steel industry from rising competition and price pressures. This recommendation comes amid growing concerns over the impact of cheaper imported steel, particularly from China, which is affecting the profitability and stability of Indian steel producers. The chairman highlighted that the influx of foreign steel has created market imbalances, making it difficult for local manufacturers to compete on both price and volume. India’s steel indus..

314 Housing Projects Face Insolvency

A concerning report reveals that 314 housing projects in Maharashtra are currently facing insolvency, leaving homebuyers in a precarious situation. The projects, many of which are located in Mumbai and its surrounding areas, have been stalled due to financial distress, raising serious concerns about the stability of the state’s real estate sector. These developments have impacted thousands of homebuyers who have invested in under-construction properties, now facing uncertainty about the completion and delivery of their homes. The insolvency issue has prompted calls for stronger government in..