Chengalpattu Collector Directs NHAI to Open Pukkathurai Flyover

Kobelco to Acquire 70% Stake in CNH Construction Business

CNH Industrial has recently signed a definitive agreement with Kobelco Construction Machinery, a wholly owned subsidiary of Kobe Steel, to establish a joint venture for its construction equipment business. Under the agreement, Kobelco will acquire a 70 per cent stake, while CNH will retain 30 per cent ownership.The transaction values CNH's construction equipment business at $1 billion, with the company expected to receive approximately $700 million in cash, subject to customary adjustments. CNH plans to utilise the proceeds to reduce debt and strengthen its financial position.The joint venture..

Raimondi Appoints Roland Trading as Terex RT Dealer in Bulgaria

Raimondi Group has recently appointed Roland Trading as the official dealer for its Terex Rough Terrain (RT) crane division in Bulgaria, strengthening its distribution network and customer support capabilities across Eastern Europe. The agreement was marked by the sale of three rough terrain cranes, comprising one TRT 50 and two TRT 100 models.The appointment forms part of Raimondi's strategy to expand its European dealer network and improve access to lifting equipment, technical services and aftermarket support across the region.Roland Trading brings extensive experience with the Terex brand,..

India Ranks Among Top 10 Branded Residences Markets: Savills

India has emerged among the world's top 10 markets for branded residences, according to the Savills Branded Residences Report 2026/2027. The report highlights the country's position in the global luxury residential property sector amid growing demand for branded developments.The global branded residences market is expected to record year-on-year growth of 24 per cent by the end of 2026, reflecting continued expansion across major international markets.The Middle East and Africa region is projected to lead annual growth at 51 per cent, followed by Europe at 25 per cent, Asia Pacific at 19 per c..