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1.Bombay High Court sets up panel to liquidate HDIL assets

The Bombay High Court (HC) on January 15 ordered setting up of a three-member panel to evaluate and sells assets of the embattled Housing Development and Infrastructure (HDIL). The fund thus accumulated would be used to pay off the debt the builder owes crisis-hit PMC Bank.


2.Shriram Automall enters into Rs 500 billion stressed assets management industry

It will strike the right chord of the customers for end-to end solutions of industrial equipment and commodities


3.Saudi Arabia boosts India’s growth story

The two nations are strengthening ties with increased energy cooperation


4.Trimble India hosts CXO Conclave in Mumbai

Trimble Solutions India, a subsidiary of US-headquartered, NASDAQ listed Trimble Inc, hosted a CXO conclave in Mumbai on November 28, 2019.


5.What went into construction of the Sundilla Barrage

The massive Kaleshwaram Lift Irrigation Scheme (KLIS), among the world’s largest irrigation projects, comprises three barrages—Medigadda, Annaram and Sundilla—on the Godavari River in the Karimnagar district of Telangana. In this article, we showcase the construction of Sundilla Barrage (recently named Parvathi Barrage), which has a storage capacity of 228 million cu m—its construction was awarded to Navayuga Engineering Company.


6.IBC: Three years of hits and misses

There has been a steady rise in CIRP cases in real estate


7.MMR has the highest number of delayed housing projects

Delhi-NCR follows MMR in the highest number of delayed units


8.L&T Construction awarded contracts for its various businesses worth Rs 10-25 billion

The construction arm of L&T has secured orders from numerous clients across various Indian states for its varied businesses. As per the company’s project classifications, the contracts fall in the ‘significant’ category which values between Rs 10 billion to Rs 25 billion.


9.We have invested in four projects with a total equity investment of Rs 2.05 bn

Incorporated in 2016, the Sagarmala Development Company Ltd (SDCL), which is under the administrative control of the Ministry of Shipping, focuses on providing equity investments for projects across road, rail, logistics and port infrastructure as part of the Sagarmala programme


10.India’s Fastest Growing Construction Companies Unveiled

The India Construction Festival, organised by FIRST Construction Council on October 15 and 16, 2019, comprised four sub-events: The India Roads Conference; CONSTRUCTION WORLD Global Awards; CONSTRUCTION WORLD Leadership Summit; and the EQUIPMENT INDIA Awards. For more details on the conference sessions and speakers, log on to https://indiaconstructionfestival.com/all_speakers.php


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