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1.Equipment Rental Trends - Rental Realities

Author is expressing her views on how easy or difficult it to hire construction equipment and what is the deal of the services. As it was the unorganised sector, earlier immature construction and allied rental markets meant that the quality of construction equipment offered was inadequate and insufficient to attract a few big players. The entry of national players into the construction industry in recent years has come as a beacon of opportunity to investors, consumers and allied sectors i.e construction equipment rental providers. Timely and easy access to appropriate, well-maintained equipment can kick-start the implementation of projects. A sign of maturity in the rental market is its ability to offer a wide range of equipment incorporating the latest technology, as well as trained operators and service personnel to maintain and troubleshoot its usage. If you’re planning to rent, be prepared to shell out approximately one to two months of the monthly rental of the equipment as security deposit.

2.H&R Johnson (India) Ltd

H&R Johnson (India) Ltd is the pioneer of ceramic tiles in the country. Established in the year 1958, the company has consistently maintained its leadership status over the past five decades. Today, it is one of the country´s leading integrated lifestyle solution providers, and enjoys the reputation of being the only entity in India to offer end-to-end solutions of tiles, sanitaryware, bath fittings, marble and quartz and modular kitchens.

3.ReNew Power set to solarise Indian Railways

ReNew Power Ventures has announced that it has become the first company to get solar rooftop allocation of 5 MW, pan-India, from the Indian Railways. The company will be investing close to Rs 35 crore in these projects.

4.Demonetisation may impact debt level of small and medium cement producers

Demonetisation is likely to pull down growth of the cement sector this fiscal to 4 per cent. And, this may impact the debt level of small and medium firms.

5.India absorbs 0.73 million sq ft co-working space in 2016; with Mumbai at highest

Co-working, a Western concept that involves various individuals or start-ups sharing a common workplace environment, is slowly catching on across the metros. At a pan-India level, co-working space of 0.73 million sq ft got absorbed last year. In terms of the number of seats available, around 9,600 are available at co-working facilities across the country.

6.We are seeing capability to double sales in the near term

Over the last 18 years, Nuvoco Vistas Corp (formerly Lafarge India) has emerged as one of the major players in India through various greenfield and brownfield projects.

7.Imports of lower priced steel will have impact on cost and quality of steel

The domestic steel consumption growth is expected to grow by 7 per cent during this fiscal and the trend is likely to continue in the next financial year as well, says an ICRA report.