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Project site staff find our platform beneficial and frictionless
Real Estate

Project site staff find our platform beneficial and frictionless

Sashi Kiran, Founder and Director, FALCONBRICK Technologies tells CW about company plans.What inspired you to launch FalconBrick Technologies and what specific inefficiencies in the constructi...

Sashi Kiran, Founder and Director, FALCONBRICK Technologies tells CW about company plans.What inspired you to launch FalconBrick Technologies and what specific inefficiencies in the construction industry were you looking to address?The idea emerged when we wondered why the $ 600 billion Indian construction industry is plagued with project delays and cost overruns. Digging deeper, we found that projects were being managed in very outdated ways, leading to huge chaos during execution. We believed technology had a clear answer and with our collective experience in construction and technology, we set out to build this.How does FalconBrick’s platform enhance transparency and efficiency on construction sites? Our construction management platform is a single unified system with a mobile app for  site staff and a suite of live dashboards and predictive data analytics for senior management. It benefits projects in three ways: real-time monitoring, thus quicker project completion; quality improvement leading to reduced rework costs and defect-free handover; and seamless coordination between all stakeholders, including contractors, builders, architects, external consultants and third parties.What has been the adoption journey like? Have there  been any challenges in convincing the industry to embrace this technology?Earlier, we did face adoption challenges, especially among site staff. For this, we introduced specific features, such as zero-internet usage functionality, customisation to specific project needs, and a very robust support system via our customer success team. As a result, our growth today is mainly driven by onsite users, who find it beneficial and frictionless to use.Who can benefit from FalconBrick beyond builders? Does it cater to contractors, developers or  other stakeholders?Today, FalconBrick is being  used in 300+ projects across  10 cities by developers (large and small) such as Prestige, Embassy, MyHome, Aparna Constructions and K Raheja; PMCs such as JLL, CBRE and Colliers; and contractors such as L&T, NCC and Capacit'e Infraprojects. Also, it has been implemented across a variety of segments such as residential, commercial, industrial, institutional and infrastructure as well as fitouts and interiors. With digital adoption growing in construction, how do you see the future of tech-driven solutions shaping the industry?Undoubtedly, technology will play a key role if the sheer scale of construction projects being conceptualised has to become a reality. However, the main problem crippling the industry is the severe shortage of critical execution skills such as project estimation, budgeting, agile project management, and schedule and cost control. Hence, technology innovations that can address these specific areas will prove to be the key differentiators.

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Infrastructure Transport

Rs 19.5 Billion Meerut–Nazibabad Rail Electrification Complete

The Rs 19.5 billion railway electrification of the Meerut–Nazibabad section has been completed, marking a major step towards improving connectivity in northern India. The project covers 132 kilometres of track and is expected to enhance operational efficiency while reducing travel time and fuel costs.Officials from the Ministry of Railways said the electrification will enable faster, more reliable train services and contribute to reduced carbon emissions. The initiative aligns with the government’s broader goal of achieving 100 per cent electrification of India’s railway network by 2030...

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AU Small Finance Bank Secures RBI Approval For Universal Bank

AU Small Finance Bank has received approval from the Reserve Bank of India (RBI) to transition into a universal bank. The move will allow the Jaipur-based lender to expand its range of financial services and compete directly with larger commercial banks.Founded in 1996 as a non-banking finance company, AU Small Finance Bank became a small finance bank in 2017. The transition to a universal bank will enable it to offer a broader portfolio, including enhanced corporate banking, treasury operations, and new retail products.Managing Director and CEO Sanjay Agarwal said the approval marks a signifi..

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Building Material

India Cements Q1 Loss Narrows To Rs 276 Million On Higher Sales

India Cements Ltd has reported a consolidated net loss of Rs 276 million for the quarter ended June 2025, narrowing from a loss of Rs 831 million a year earlier. Consolidated revenue from operations rose 20 per cent year-on-year to Rs 17.9 billion from Rs 14.9 billion.The company attributed the improvement to higher sales volumes and better price realisations, which offset some of the impact of elevated fuel and raw material costs. EBITDA turned positive at Rs 1.1 billion, compared with a loss in the same period last year.Vice Chairman and Managing Director N. Srinivasan said the company will ..

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