
Real Estate Sees Capital Shift as Formalisation Drives Demand

AXISCADES Wins Indian Army Order for Counter-Drone Systems
AXISCADES Technologies, a leader in Aerospace, Defence, Electronics, Semiconductor and Artificial Intelligence (ESAI), has announced that its wholly owned subsidiary, AXISCADES Aerospace & Technologies Private Limited, has secured a significant order from the Indian Army for Man Portable Counter Drone Systems (MPCDS). This order marks one of the first man-portable counter-drone procurements following Operation Sindhoor under the emergency procurement route, positioning AXISCADES at the forefront of indigenous defence technology. The MPCDS can detect hostile drones up to 5 km away..

Three WOLFF Cranes Power Austria’s Aurach Valley Bridge
The new Aurach Bridge near the Regau junction in Upper Austria opened to traffic in early September after more than three years of construction. Three WOLFF 7534.16 Clear cranes played a crucial role in the demolition and reconstruction of the A1 West Motorway bridge, managed by the Habau/Porr joint venture. Supplied by long-standing Wolffkran customer Habau, the flat-top cranes, each with a maximum load capacity of 16.5 tonne, were installed in 2022. They stood on two 77.6-metre towers and one 64.1-metre tower. The cranes supported both demolition and reconstruction, lifting reinforcing ..

Telangana Government Offers L&T Two Options for Hyderabad Metro Phase-1
The Telangana government has proposed two solutions to L&T to resolve issues over integrating Hyderabad Metro Phase-2 with the existing network, following L&T’s objections.The state has valued L&T’s Phase-1 equity at Rs 150 billion and offered two options: either put its stake up for sale in the open market, with the government ready to match the highest private bid, or transfer its Rs 130 billion loan to the state, which would pay the remaining Rs 2,000 crore. The proposal was forwarded to the Centre, which requested an MoU with L&T for network integration. L&T, citing..