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1.Government invites low cement bids

With an aim to boost development of roads and highways, the government has invited lowest bids for raw materials. The tender will be open to both private and public sector companies. A total of six companies have submitted their quotes of Rs 160 per bag of 50 kg - the price of which is half the market price of Rs 300-350.


2.Contract Awarded (Oct. 2014)

Contract value: Rs 230 crore Particulars: Civil and electrical works OM Metals Infraprojects has received a contract in JV with SPML Infra from Sardar Sarovar Narmada Nigam. The order is for designing, engineering, manufacturing, supplying and commissioning all civil, mechanical and electrical works on the Kutchh branch canal in Gujarat.


3.India's Top Builders: Tata Housing Development Company

Living up to the expectations of its iconic Indian brand, Tata Housing Development Company is one of the country's leading real-estate developers with a turnover of Rs 315.35 crore (FY 2009-10).


4.GIC and Brigade group to invest Rs.1,500 cr

Singapore-based GIC and Bengaluru based Brigade group have signed a memorandum of understanding (MoU) to invest in real estate-residential developments in the country.


5.HDIL aims to sell 15-20 mn sq ft FSI in 15-18 months

Housing Development and Infrastructure (HDIL) is aiming to sell a total of 15-20 mn sq ft of floor space index including land and development rights from its land bank in Vasai-Virar region on the outskirts of Mumbai in the next 15-18 months.


6.The Road to Reforms

Despite the infrastructure 'boom', the industry has failed to adhere to the momentum expected from it in terms of project execution. Janaki Krishnamoorthi delves into the reasons behind this and discovers that corruption, lack of transparency and rigidity must be eradicated for India to live up to its potential.


7.KIADB acquires land for ArcelorMittal in Bellary

Karnataka Industries Area Development Board (KIADB) has acquired 4865.64 acre for ArcelorMittal in Kuduthini and Hargindoni villages of Bellary district.


8.State gets fourth PCPIR at Paradeep

The Cabinet Committee on Economic Affairs (CCEA) gave its nod to set up a Petroleum Chemicals and Petrochemicals Investment Region (PCPIR) in Paradeep.


9.Gujarat forms SPV for Dholera airport

The Gujarat state cabinet has decided to set up a special purpose vehicle (SPV) for the Dholera international airport. The SPV will be named as Dholera International Airport Company Limited (DIACL).


10.ADB to provide loan to Chhattisgarh for road infra

The Asian Development Bank (ADB) will provide Rs 1,500 crore loan to Chhattisgarh for developing road infrastructure in the state. Under the project, the state plans to develop 1,500 km of roads.