ACE partners with Bank of Baroda for financing CE range

24 Jun 2024 CW Team

Action Construction Equipment has signed an MoU with Bank of Baroda to provide financing solutions for the construction equipment businesses. Under this agreement, the Bank of Baroda finance option will be available across the country for ACE customers, enabling empower construction equipment businesses, local entrepreneurs, and startups, access to a tailored financing option..

This strategic collaboration extends to all Construction Equipment range offered by ACE, including Backhoe Loaders, Front End Loaders, Cranes (all range), Grader, Compactors & Forklifts. ACE remains dedicated to understanding and meeting the evolving needs of the construction industry and its customers.

Real Estate

02 Jun 2026

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..

BonV Aero Launches Air Hans Drone

BonV Aero has launched Air Hans, a heavy-lift drone designed to support last-mile logistics across India’s difficult mountain, border and remote regions. The UAV is built to operate in challenging terrain where snowfall, landslides and poor road access often disrupt supply chains.Air Hans can carry a 20 kg payload over a 12 km range and operate at altitudes of up to 16,500 ft above mean sea level. Built on an aerospace-grade aluminium composite frame, the drone is designed to withstand wind gusts of up to 35 km per hour.The platform has already been tested in demanding environments. BonV Aer..