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.

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2.Construction work of Jewar Airport set to start in February 2020

After winning the bid to build the project recently, officials of Zurich Airport International on January 15 reportedly visited the project site and discussed the master plan with the brass of the Noida International Airport (NIAL). It is known that the Swiss company would soon apply to the Union home ministry for a safety clearance for the airport project, work on which is set to start in February this year, as per a Proptiger.com report

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3.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.

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4.Ashwin Sheth Group to expand its commercial and retail portfolio

The company recently launched ShethCnergy at Thane’s Platinum Belt

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5.Kerala Skyscrapers demolished over environmental violations

Prohibitory order was declared by the Ernakulam District Magistrate on January 10

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6.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

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7.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

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8.RK Marble launches its new and largest marble hub as “Experience One”

Marble Legend RK Marble celebrates 30 Glorious years

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9.Work on Machilipatnam Port to begin early this year

Andhra Pradesh Transport Minister Perni Venkataramaiah has reportedly stated that the state government is planning to begin construction work on the Machilipatnam Port project in Krishna district early this year.

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10.Six more airports to come up in Telangana

The Centre has started the process to set up six more airports in Telangana, which so far has just one operational airport in Hyderabad. An aeronautical survey has been marked for the proposed development of these six airports by AAI.

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