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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.L&T Construction awarded contracts worth Rs 25 to 50 billion

The construction arm of L&T has secured orders from prestigious clients across various Indian states for its varied businesses.

3.Union Budget must aim to boost domestic stainless steel manufacturing: ISSDA

Abolishing basic custom duties on import of key raw materials and Increase Basic Customs Duty on finished stainless steel products

4.ACE Completes 25 years of Lifting India’s Growth in January 2020

The company embarks on a new journey towards weaving ACE Growth Story 2.0 by focusing on offering high quality “Make In India” Equipment globally

5.Shortage of 12 lakh skilled welding professionals may derail the infra growth story

The Indian Institute of Welding (IIW) has estimated a short supply of 1.2 million welding professionals

6.e-novation Centre is India’s first hub for Corporate R&D, trainings and innovation

Spread over 12 acre, the corporate innovation hub, built by RSP Developers, is a LEED Gold rated centre

7.Hines and Conscient award Rs 5 billion construction contract for elevate to Tata Projects

Designed by renowned Spanish architect Ricardo E Bofill, development work is underway on the premium residential project

8.MDDA signs MoU to renovate Doon railway station

An MoU has been signed by the Mussoorie and Dehradun Development Authority and the Railway Land Development Authority to renovate the Dehradun Railway Station.

9.Proposal for new station at Basai on the map

A new station near Basai crossing, close to Dwarka Expressway junction, has been proposed in Sector 101 at Gurugram. At present, the city has only one major station that connects to other cities.

10.Odisha takes steps to push Subarnarekha Port

The Odisha Government has directed various agencies to expedite the development and construction of the Subarnarekha port project by ensuring the land acquisition process for development of the access road and rail corridor to the port is undertaken at the earliest.

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