China’s CIMC to acquire Maersk Container Industry at $987.3 mn

Cushman & Wakefield Unveils REV360 Tool for GCC, Offshore Strategy

Cushman & Wakefield, one of the fastest growing real estate services firms in India, today announced the launch of REV360, a cutting-edge intelligence tool designed to enable global multinationals in evaluating, expanding and diversifying their Global Capability Center (GCC) & offshore strategies across the world. As GCCs continue to evolve into critical hubs for innovation and transformation—not just in India but in key markets across Southeast Asia, Central Europe, and Latin America—REV360 empowers enterprises to make smarter, faster, data-led decisions on a global scale. Th..

Indian Construction Equipment Industry Grows 3% in FY25 on 10% Export Rise

The Indian Construction Equipment Manufacturers' Association (ICEMA) today announced that the Indian construction equipment industry achieved a 3 per cent year-on-year growth in FY25, with total equipment sales reaching 1,40,191 units compared to 1,35,650 units in FY24. While domestic market growth remained subdued at 2.7 per cent, the industry's overall performance was better due to a robust 10% surge observed in exports, reinforcing India's position as the world's third-largest construction equipment market. Vivekanand, President, ICEMA and Managing Director, Caterpillar India, commente..

BMC Completes More than 1,300 Km of Road Concreting Work

Maharashtra Deputy Chief Minister and Mumbai City Guardian Minister Eknath Shinde recently visited multiple locations across the city to review the progress of the Brihanmumbai Municipal Corporation’s (BMC) road concretization efforts. During his visit, he directed the Municipal Corporation Administration to strictly adhere to the deadline of completing pothole-free roads by May 31. The inspection began near Bombay Hospital in South Mumbai and continued through the Central and Eastern suburbs.Shinde emphasized that the junction-to-junction concreting work must be finished within the stipulat..