Powerful Leader

26 Nov 2019 CW Team

L&T has, over the years, capitalised on its keen sense of the industry which drives its growth; it has dynamic understating that stems from a visionary leading the company – AM Naik. The Group Chairman has accomplished great strides in his life, no one of which hold a torch to his recent achievement of being awarded the Padma Vibhushan. The award takes into account his contribution to L&T as its rose through the ranks and assumed the leadership position across various sectors. Naik’s standing as an industry major was also recognised at the recently concluded Indian Construction Festival. Under his management, the company witnessed a phenomenal increase across all parameters of business performance. Naik has not only established a strong professional presence, but has also created milestones on a personal front. He has spearheaded numerous charitable trusts, while pledging 75 per cent of his wealth towards social causes of healthcare, skill development and education. A fine example of professionalism, entrepreneurship and philanthropy, Naik has set the stage for success – not only for L&T, but countless individuals.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..