User-friendly proactivity to avoid overruns

07 Nov 2022 CW Team

While historically the construction industry has been known to be technology-hesitant, the current scenario – propelled by the events of the pandemic and the resulting boom in the adoption of technology – is well on the verge of disruption. Tech-savviness is quickly growing and people are becoming increasingly open to the idea of mobile apps that help make operations and daily life easier and efficient.

Making the most of this evolution is a budding Bengaluru-based startup that aims to tackle the time and cost overruns that plague almost every construction project in the country.

Iesh Dixit, Founder, Powerplay, first came face to face with the challenge of overruns in 2017 when, under his father’s bidding, he set out to renovate their house, only to discover how unorganised the operations were with all the paperwork being swapped commonly via informal platforms such as WhatsApp. The natural question that occurred to Dixit: Why isn’t technology being leveraged to solve this? Knowing he had stumbled upon a worthwhile idea, Dixit set out for answers.

“We met plenty of general contractors in Bengaluru and realised that most contracting companies know the problem exists,” Dixit says. “They want to solve the problem – some have even tried building a hacky solution themselves or paid someone to build it for them. But there was no standardised solution they could depend on.” This was the genesis of the idea.

So, what role does the app actually play? Three questions are of the utmost importance for a builder or contractor, according to Dixit:

1. How much progress is done at any given point?
2. How much material is required and how much is available?
3. How much manpower is required onsite and is it available?

To read the full article, CLICK HERE.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..