Tamil Nadu Newsprint and Papers Ltd (TNPL) is planning to expand its cement production capacity from the present 600 mn tonne to 900 mn tonne per day with a capital outlay of Rs 30 crore. The project is expected to be completed by December 2015.
Due to financial slowdown, almost every sector of the economy was hit, including the construction industry. Indian Government is providing relief by better cost management, lower commodity prices compared to the prior peaks to the corporates. It reflects the benefits realised from the governmentâ€™s stimulus package. we find that the infrastructure industry reported a revenue growth of 24.6 per cent in H1FY10 over H2FY09. We are currently experiencing an uptick in new projects being awarded by both state and central governments. However, in the infrastructure sector, especially in the power, roads and urban infrastructure segments, the appetite for construction is high. we expect companies within our coverage universe to find some comfort in raising money from various markets.
Author is expressing her views on how easy or difficult it to hire construction equipment and what is the deal of the services. As it was the unorganised sector, earlier immature construction and allied rental markets meant that the quality of construction equipment offered was inadequate and insufficient to attract a few big players. The entry of national players into the construction industry in recent years has come as a beacon of opportunity to investors, consumers and allied sectors i.e construction equipment rental providers. Timely and easy access to appropriate, well-maintained equipment can kick-start the implementation of projects. A sign of maturity in the rental market is its ability to offer a wide range of equipment incorporating the latest technology, as well as trained operators and service personnel to maintain and troubleshoot its usage. If youâ€™re planning to rent, be prepared to shell out approximately one to two months of the monthly rental of the equipment as security deposit.
Prof SS Chakraborty, Chairman-cum-Managing Director, Consulting Engineering Services (India) Pvt Ltd is giving a full scenario of his company to the author. It is a multi-faceted engineering and architectural services organisation, provides an entire array of solutions to various sectors. Developing infrastructure and working in diverse fields, ranging from urban planning to agriculture, designing ports and bridges to e-commerce, building eco-friendly energy systems to improving health-care services. Current major projects include the Apex Hospital and Medical College, Bhuban-eswar; Videocon E Habitat Centre, Kolkata; IIM, Shillong; NISER, Bhuban-eswar and NIFT Campus, Mumbai. Over the past half decade or so, we have taken successful initiatives to enter the field of infrastructure development as a developer. This has been mainly in the transport and health sectors.
Author is discussing about how organisations are using 360Â° feedback to groom their managers and create an open working culture. According to him Constructive feedback is the key to development. 360Â° is a feedback mechanism where superiors, peers, subordinates and internal customers observe the behaviour of a manager and give their feedback. Expectedly, most managers arenâ€™t comfortable being rated by their subordinates. A wellrounded objective feedback improves communication, dissolves conflicts, builds teams, and creates an open working culture. Customer feedback leads to improvement in the responsiveness, speed, quality and reliability of internal customer service in the organisation. Some other prominent organisations that use it as a developmental tool include Wipro, lTC, Motorola, Smith Kline Beecham, Nokia, Shell (India), Philips, HCL and Star TV.
Neev Group of Companies has been in the construction space for the past three decades. Under the leadership of Jitendra Jain, CEO and Managing Director, the company has evolved from being a mere construction company to a development expert, providing quality and secure living to the citizens of Mumbai. He is sharing his progress growth with the author. It also added value in the development of roads for easy and quick transport services and setting up water supply and sewage projects. It has also taken up slum rehabilitation projects by providing self-contained flats to slum dwellers. The total order book of the company is close to Rs 3,000 crore,consists of two new residential projects: Ivory Tower in Prabhadevi and Excella Residency in Parel. The USP is our value-for-money approach, which benefits our target audience immensely.