Lennar Corp Reports $7.33 Billion Revenue in Q1, February 2024

We aim to award road contracts worth Rs 3 trillion

India is accelerating its highway development with a sharper focus on execution speed, private participation, and quality. Shri Ajay Tamta, Minister of State for Road Transport and Highways of India, in an exclusive interview with Pratap Padode, Editor-in-Chief, Construction World, shares the Ministry's priorities and reform strategies. Excerpts from the conversation:In recent years, MoRTH has missed its annual road construction targets. How does the Ministry plan to make up for the backlog in awarding contracts and project execution?In recent years, the Ministry of Road Transport and Highways..

MOIL Posts Record July Production in FY26, Defies Weather Challenges

MOIL recorded a production of 1.45 lakh tonnes of manganese ore in July 2025, reflecting a robust 11.4 per cent increase over the corresponding period last year (CPLY).Demonstrating strong operational momentum, the company produced 6.47 lakh tonnes during the April–July 2025 period, up 7.8 per cent year-on-year. Sales stood at 5.01 lakh tonnes—10.7 per cent higher than CPLY. Exploratory drilling also rose to 43,215 metres, showing an 11.4 per cent improvement over the same period last year.Ajit Kumar Saxena, Chairman and Managing Director, congratulated the MOIL team for the remarkable per..

CIDCO Plans Long-Term Transit Vision for Navi Mumbai

The City and Industrial Development Corporation (CIDCO) has announced plans to prepare a Comprehensive Mobility Plan (CMP) for Navi Mumbai and the surrounding airport influence area known as NAINA (Navi Mumbai Airport Influence Notified Area). The CMP will serve as a strategic transport framework guiding infrastructure development through to 2054 and beyond.The long-term mobility roadmap aims to foster a sustainable, inclusive, and efficient transport system for one of India’s most rapidly developing urban corridors.“With upcoming developments such as the Navi Mumbai International Airport,..