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1.L&T Construction bags contracts worth Rs 10 billion to Rs 25 billion

L&T’s construction arm has secured orders across various Indian states for its varied businesses.


2.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


3.Most players opt for out-source model due to an increase pressure in cost

Among the largest ceramics’ brands in the world, RAK Ceramics specialises in ceramic and gres porcelain wall and floor tiles and sanitaryware.


4.UAE plans underwater bullet train from Mumbai to Fujairah to boost connectivity. Here’s more!

UAE’s National Advisor Bureau has proposed a plan of connecting Mumbai to the city of Fujairah in the UAE through an underwater rail network. Besides boosting passenger connectivity, the proposed rail network is also expected to transport goods and oil exports.


5.Danfoss to bring lower-GWP refrigerants into focus during second Refrigerant Week

As the price of high Global Warming Potential (GWP) refrigerants increases and regulations become tougher, Danfoss, a leader in the HVACR sector, is continuing its annual Refrigerant Week initiative to help industry professionals and decision-makers make the transition to lower-GWP refrigerants.


6.UAE’s NR-Emirati Investors raise $1 bn for Indian infra projects

UAE-based NRI-Emirati Investors Group will soon be raising $1 billion for financing infrastructural projects in India, according to reports. This fund is known to be the largest fund being collected by private investors for such a programme.


7.UAE investors plan to set up a $75 billion infrastructure fund for India

UAE investors are reportedly trying to set up $75 billion infrastructure fund for India in order to invest in brownfield projects. The ambassadors are reportedly convinced that safeguarding the two countries in question is both strategic and can bring economic gains.


8.NIIF to bag deal with Abu Dhabi Investment Authority for investment of $5-10 billion

The National Investment and Infrastructure Fund (NIIF) will soon be closing its very first major deal with Abu Dhabi Investment Authority who will be approximately investing $5-10 billon in several sectors, with their main focus on transport. The agreement is expected to be signed in the coming weeks, according to reports. In February of the preceding year, the government had signed an MoU with UAE to mobilise approximately $75 billion for NIIF.


9.Ajman Free Zone boosts trade and economic co-operation between India and UAE

Ajman Free Zone, UAE, comes to India, offers business opportunities in the Middle East to boost trade and economic cooperation between India and the UAE. Senior delegations from Ajman Free Zone, UAE, are visiting various cities in India – Mumbai, New Delhi and Chennai – with an aim to promote the benefits of investing in Ajman and encourage Indian companies to open new offices in Ajman Free Zone, which will further help in boosting their businesses and strengthen trade relations between both nat


10.REIT will provide for a new asset class in the Indian capital market for investments

Shishir Baijal, Chairman & Managing Director, Knight Frank (India). This real-estate consultancy firm has over 900 experts across Mumbai, Bengaluru, Delhi-NCR, Pune, Hyderabad, Chennai and Kolkata in India.


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