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1.IL&FS set to sell Chinese road asset to PingAn Insurance

Deal worth Rs 2,074 cr to resolve its debt of Rs 2,500 cr

2.Next year will be the best for construction industry

Speaking exclusively with EQUIPMENT INDIA after winning the coveted Equipment India Person of the Year 2020 award, VG Sakthikumar, Managing Director, Schwing Stetter India, shares his thoughts on the company’s success, future plans and the market outlook.

3.Infra’s Call for Funding

Budget 2020: Infrastructure requires immediate funding to rejuvenate itself

4.Total real-estate loan equals $ 93 billion, over 62 per cent completely stress-free

Over 62 per cent or about $ 58 billion of the total loan advances ($ 93 billion) to Indian real estate by banks and NBFCs/HFCs are currently completely stress-free, reveals a study by ANAROCK Capital.

5.APCO Infra bags Rs 23.78-billion Z-morh tunnel in J&K

Gurugram-based construction firm APCO Infratech has reportedly bagged the contract for construction of the 6.5-km-long Z-morh tunnel in Jammu and Kashmir. The project is expected to provide all-weather connectivity between Srinagar and Kargil

6.Apart from roads, we have identified the water sector as one of the great opportunities

Part of the Welspun Group, Welspun Enterprises (WEL) was formed in its current form in 2015. WEL is unique as it focuses primarily on road HAM projects.

7.Are interest rates set for a sharp fall? Will RBI reduce interest rates by 50 basis points?

Despite the reduction in repo rate by 50 basis points, the banks have cut MCLR by up to 10 basis points only benefitting the borrowers marginally. Expectations range from 25 basis points to 50 basis points for the next reduction with a mechanism that ensures that the reduction is passed on to the bo..

8.Chennai Metro to rope in new contractor to complete work on two stations

The construction of Korukkupet and Sir Theagaraya College stations has been delayed

9.Roads, irrigation and urban infra are driving growth

One pathbreaking offering: Most equipment we finance has inbuilt sensors. It is either inbuilt by the OEM or we put one in. The second technology is data analytics, which helps one to assess risks better.

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