Firms Compete for Reliance's ?6,000 Cr Road Projects

16 Oct 2023 CW Team

Several prominent firms are currently in a fierce competition to secure eight road projects valued at ?6,000 crore offered by Reliance Infrastructure. These projects are poised to be a significant boon to the Indian infrastructure sector, as the nation continues its ambitious journey towards development. The battle among these companies underscores the high stakes involved in the nation's burgeoning road construction industry. Reliance Infrastructure's decision to put these road projects up for grabs has piqued the interest of major players in the industry. The competition is expected to be intense, with each company bringing their unique strengths to the table to clinch these substantial contracts. The projects are strategically located across India, promising to enhance connectivity and contribute to the country's economic growth. In this race, the companies are evaluated not only on their financial capabilities but also on their track record in delivering quality infrastructure projects. This development reaffirms India's commitment to boosting its road and highway network, ultimately benefiting the nation's economy and its citizens.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..