Builders in Gurugram may face penalty of up to Rs 3 billion

NBCC Wins Rs 2.95 Billion Project at IIT Mandi

National Buildings Construction Corporation Ltd (NBCC) has secured a Rs 2.95 billion contract from the Indian Institute of Technology (IIT), Mandi for the development of multiple infrastructure facilities on its campus. The project is scheduled for completion within 30 months, the company said in a regulatory filing to the Bombay Stock Exchange (BSE).Under the scope of the contract, NBCC will construct academic buildings, a guest house, gymnasium, hospital, and an auditorium, significantly enhancing the institute’s academic and residential infrastructure.NBCC also clarified that its investor..

HBL Wins Rs 1.02 Billion Kavach Contract from IRCON

HBL Engineering Limited has received a Letter of Acceptance (LoA) from IRCON International Ltd for a Rs 1.02 billion contract to implement the Kavach Automatic Train Protection (ATP) System in the Bangalore and Mysore divisions of the South Western Railway.The project, to be completed in 18 months, will span 778 kilometres, covering 85 stations and integrating the system into two locomotives. The Kavach system enhances operational safety and signalling efficiency, helping prevent train collisions and ensuring faster response times during emergencies.This contract is the latest addition to HBL ..

Pune Airport Gets 15 More Flight Slots

In a move to ease congestion and improve flight access, the number of flight slots at Pune International Airport has been increased from 220 to 235, announced Union Minister of State for Civil Aviation and Pune MP Murlidhar Mohol on Sunday. The increase, facilitated through coordination with the Indian Air Force (IAF), is expected to enhance passenger convenience and support growing regional demand.Given that Pune Airport operates from a defence airbase, Mohol sought the support of Air Chief Marshal Amar Preet Singh, who formally approved the additional slots between 6:00 am and 10:29 pm, cove..